Gazprom seeks to increase gas prices for Poland from 2017 through international arbitration | Business

This was confirmed by both Gazprom and the Polish state-controlled oil and gas company Polskie Gornictwo Naftowe i Gazownictwo (PGNiG). In November 2020, the Polish company announced that it was in talks with Gazprom to review the gas price retroactively from November 2017 and applied for a reduction from November 2020. The Russian-controlled concern responded … Read more

“I just don’t understand von der Leyen”

The federal government is surprisingly clearly against the climate-friendly classification of nuclear energy. At the same time, Germany’s new environment minister is harshly criticizing the EU Commission – and its president. Photo series with 17 pictures According to the environment minister Steffi Lemke (Greens) will be the federal government in the EU commission take a … Read more

“I just don’t understand von der Leyen”

The federal government is surprisingly clearly against the climate-friendly classification of nuclear energy. At the same time, Germany’s new environment minister is harshly criticizing the EU Commission – and its president. Photo series with 17 pictures According to the environment minister Steffi Lemke (Greens) will be the federal government in the EU commission take a … Read more

The Union needs to invest EUR 500 billion in next-generation nuclear power plants

European Union will have to invest € 500 billion in next-generation nuclear power plants by 2050. This was stated by the European Commissioner for the Internal Market for the Journal du Dimanche in an interview published this weekend. “Existing nuclear power plants will need € 50 billion in investment by 2030. And next-generation power plants … Read more

Gas prices are going down. Even so, they remain significantly higher than a year ago

The price of gas has risen by almost 800 percent this year, and on Tuesday it climbed above 180 euros (about 4,500 crowns) per megawatt-hour for the first time. If today’s decline is taken into account, then prices are still more than 400 percent higher than at the beginning of the year. Minister Novak said … Read more

We need gas: Hungary sells part of the safety stock

The Minister responsible for innovation and technology, László Palkovics, has decided to reduce the security of natural gas stock again In the Hungarian Gazette according to the published regulation. The stock was 15.3 million MWh on 14 October, previously reduced to 12.7 million MWh and now reduced to 9.495 million MWh with immediate effect under … Read more

A “significant increase” in the UAE’s oil and gas reserves

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" With this increase, the UAE’s national reserves of hydrocarbon resources reach 111 billion barrels of oil equivalent and 289 trillion standard cubic feet of oil. Natural gas, which enhances its position in the sixth place globally in the list of countries with the highest oil reserves, and seventh in the … Read more

Pražská plynárenská will increase the price of gas by 7.3 percent. People pay ten crowns a month

At the end of the year, Pražská plynárenská will increase the price of gas in the basic price list by an average of 7.3 percent. Customers with fixed prices will not be affected by the price adjustment, company spokesman Miroslav Vránek announced. According to him, the reason is the unfavorable price development on the wholesale … Read more

US and Russia prepare to lock down gas pipelines… Concerns about the heating crisis this winter (comprehensive)

U.S. natural gas prices surge 61%The expansion of shale gas production is blocked and 20% of exports are due to… decrease in stockpile30% increase in heating costsEurope triples natural gas pricesPromising to expand supply to Russia, intentionally reducing gas supplyIntent to pressure approval of Russia-German gas pipeline [이미지출처=AP연합뉴스] [아시아경제 뉴욕=백종민 특파원, 김수환 기자] Energy exporters … Read more