Tag Archives: natural-gas

Rome, Italy | Xinhua | Italy’s government on Monday adopted a decree that eliminates excise taxes on some forms of natural gas and methane to help tackle surging energy prices due to the Russia-Ukraine conflict. According to a statement from the office of Prime Minister Mario Draghi, excise taxes on gasoline, …

Warsaw, Poland | Xinhua | Russia is to halt natural gas supplies to Poland and Bulgaria from Wednesday, according to energy companies and authorities. Poland’s state oil and gas company PGNiG said on Tuesday that Russia’s energy corporation Gazprom will suspend its gas supplies to Poland from Wednesday evening. “PGNiG has …

Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a decree on Thursday on new rules of natural gas trade with “unfriendly” countries and regions, vowing to halt existing contracts if these buyers refuse to pay in rubles. “Today I signed a decree … To purchase Russian natural gas, they …

Berlin, Germany | Xinhua | German Chancellor Olaf Scholz on Thursday rejected Russian President Vladimir Putin’s announcement of transferring payment to rubles in natural gas deal. Scholz made the remarks at a press conference after a meeting of the Group of Seven (G7) leaders in Brussels. In response to Putin’s recent …

Russia to sell gas to “unfriendly countries” in rubles Brussels, Belgium | Xinhua | European countries have been thrown into disarray after Russian President Vladimir Putin said “unfriendly countries” who buy Russia’s gas will now have to pay in rubles. “Russia will continue, of course, to supply natural gas in accordance …

Moscow, Russia | Xinhua | Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to “unfriendly countries,” including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. Over the past few weeks, some Western countries have taken “illegitimate decisions” …

New York, U.S. | Xinhua | Crude oil prices could soften in the coming months as looming oversupply is turning oil producers’ fortunes around, according to industry institutions and analysts. Meanwhile, a possible failure to revive the Iran nuclear deal by the first quarter of 2022 together with expected return of …

Oil and gas represent one major source of Libya’s revenue Tripoli, Libya | Xinhua | Libya is seeking to increase oil and gas production in the country over the next five years, Minister of Gas and Oil Mohamed Aoun said on Monday. “We plan to increase oil production to 2.1 million …

How natural gas blessing is turning into a curse | THE INDEPENDENT | When dozens of local and foreign citizens were killed in an assault by insurgents in the northern Mozambique town of Palma in Cabo Delgado province in the last week of March, security observers described it as a …

Paris, France | AFP | Global carbon emissions boosted by soaring natural gas use are set to hit record levels in 2019 despite a decline in coal consumption and a string of countries declaring a climate emergency, researchers said Wednesday. In its annual analysis of fossil fuel trends, the Global Carbon Project said CO2 emissions …