Found: 77

Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia

... line with the same period last year. Summer heat and the need to fill storage facilities are maintaining gas demand despite relatively limited pipeline supplies from Russia. Experts note that European companies will have to inject significantly more gas into storage than last year, considering increased consumption last winter and the complete cessation of transit through Ukraine since the beginning of the year. The Gas Exporting Countries Forum and analysts warn that competition for liquefied natural gas (LNG) on the global market may intensify, and ...

FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports

... European index TTF hovers around ~$400 per thousand cubic meters, which is roughly in line with the same period last year. The summer heat in Western Europe increases demand on energy systems (massive use of air conditioning), which partially boosts gas consumption at power plants. At the same time, an abundance of sunny days ensures record solar energy generation, helping to curb gas demand during peak consumption hours. Stable supplies of liquefied natural gas (LNG), along with comparatively weak industrial ...

Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled

... European benchmark TTF price hovers around $400 per thousand cubic meters, approximately in line with the same period last year. The summer heat in Western Europe increases the load on energy systems (massive air conditioning usage), partially raising gas consumption at power plants. Simultaneously, sunny weather enables high solar power generation, helping to restrain gas demand during peak load hours. Stable liquefied natural gas (LNG) supplies, along with relatively weak industrial demand, maintain ...

Fuel and Energy Complex News - Saturday, August 2, 2025: Brent around $73; gasoline exports from Russia restricted to stabilize prices

... The basic European price index TTF hovers around $400 per thousand cubic meters, approximately matching the same period last year. Summer heat in Western Europe increases demand on energy systems (massive use of air conditioning), partially raising gas consumption at power plants. Simultaneously, sunny weather ensures record solar energy generation, keeping gas demand in check during peak load hours. Stable deliveries of liquefied natural gas (LNG), along with relatively weak industrial demand, maintain ...

An expert explained which fuel is 30-50 percent cheaper than gasoline.

... there are about 3 million vehicles running on liquefied petroleum gases (LPG; 5% of Russia's vehicle fleet), 285,000 vehicles using compressed natural gas (CNG; 0.5%), and 3,000 vehicles using liquefied natural gas (LNG; less than 0.1%). The total consumption of gas motor fuel in Russia is expected to increase from 1.73 billion cubic meters in 2022 to 15.4 billion cubic meters by 2035, said Russian Deputy Prime Minister Alexander Novak last spring. He reminded that a state support program for the use of gas in ...