EU extends price cap on gas until January 2025

[ad_1] Energy ministers of the European Union decided on Tuesday to extend the cap on gas prices until January 2025. ADVERTISEMENT The price cap, which has never been activated, was…

How EU countries could cut off the remaining Russian gas imports

[ad_1] A new proposal would make it easier for EU member states to phase out Russian gas completely. ADVERTISEMENT A new EU proposal would give member states the power to…

Shell reports US$6.2bil third-quarter profit, boosts buybacks

[ad_1] LONDON: Shell on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural gas (LNG) trading. The company announced share…

Gas prices keep climbing in Europe after Israeli conflict

[ad_1] Natural gas prices in Europe have been climbing over the past week, as recent world events bring uncertainty to the market. Should the continent be worried about its gas…

Gas prices are surging in Europe after Chevron shuts Israeli field

[ad_1] Natural gas prices in Europe have been climbing in the past week, as recent world events bring uncertainty to the market. Should the continent worry about its gas supplies?…

Uncertainty in Europe as oil prices keep climbing

[ad_1] Oil prices have climbed further after they hit a ten-month record on Thursday and gas prices are also inching towards their highest level of the year. Oil prices are…

Total cuts investment target, keeps dividend amid pandemic

[ad_1] PARIS (Reuters) – Total TOTF.PA trimmed its 2020 investment target on Friday after a sharp drop in third-quarter net profit, though the French oil and gas producer maintained its…

EU to reach winter gas storage target months ahead of new deadline

[ad_1] Gas storage across Europe is now filled at just under 90% capacity, reaching a mandatory target to ensure the continent can power itself through winter with months to spare.…

Papua New Guinea, France’s Total sign fiscal agreement for Papua LNG project

[ad_1] By Sonali Paul, Tom Westbrook FILE PHOTO: The logo of French oil and gas company Total is seen at La Defense business district in Courbevoie near Paris, France, February…

Nord Stream 2 says preparations for construction in Danish waters can go ahead

[ad_1] BERLIN (Reuters) – The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead,…