energy-market-development
HeadlinesEU May Suspend Syria Sanctions on Energy and Transport
FinanceNorway Gas Exports Expected to Stay Close to Last Year's Record Levels
FinanceMoldova, Separatist Region Inch Toward Gas Supply Deal
FinanceShip Seen Circling Around Baltic Gas Pipeline, Polish Public Tv Reports
Snowfall Leaves Thousands Without Power in Bosnia, Halts Traffic
Date: December 24, 2024
SARAJEVO (Reuters) – Heavy snowfall left thousands of homes without power across Bosnia and Herzegovina on Tuesday, blocking roads and disrupting traffic, with access to some towns and villages entirely cut off. The authorities banned heavy vehicles from main roads and appealed to citizens to avoid traveling, warning that fallen trees and vehicles without proper...
Russia Calls Gas Sales to Europe ‘complicated’ as Deal With Ukraine Nears End
Date: December 23, 2024
MOSCOW (Reuters) -Russia said on Monday the situation with European countries that buy its gas through a transit deal via Ukraine was very complicated and needs more attention, a day after talks between President Vladimir Putin and Slovak Prime Minister Robert Fico. Ukraine has said it will not be renewing a five-year deal to pipe...
Shell to Shut-In Portions of Louisiana Zydeco Oil Pipeline for Maintenance
Date: August 27, 2024
By Arathy Somasekhar HOUSTON (Reuters) -Oil major Shell on Monday said it plans to shut-in different portions of its Zydeco pipeline system for maintenance for three to four days starting Sept 24, limiting flows of some light crude to Louisiana. The Zydeco pipeline system, which spans over 350 miles (563.27 km) and has a...
Sluggish Demand and Oversupply Sap European Diesel Markets
Date: April 23, 2024
Sluggish demand and oversupply sap European diesel markets By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow demand with the three-month contango trading on Monday at its widest since August 2021. Contango is a market structure in which a current contract trades at a...
Exxon Mobil to Sell Majority Stake in Italy Lng Terminal to BlackRock
Date: October 4, 2023
Exxon Mobil to sell majority stake in Italy LNG terminal to BlackRock By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied natural gas (LNG) import terminal, the U.S. oil producer said in a statement. The stake sale drew interest from infrastructure...
France Issues ‘red Alert’ Over Heatwave in South
Date: August 21, 2023
France issues ‘red alert’ over heatwave in south PARIS (Reuters) -France on Monday afternoon issued a “red alert”, its most serious warning, for four southern regions amid a spell of excessively hot weather, with temperatures expected to peak at 41 degrees Celsius (106 degrees Fahrenheit) in the Rhone valley. The departments targeted by the alert,...