UK and EU Leaders Proposing Unprecedented Solutions to Address the Region’s Escalating Energy Crisis

With the current energy crisis worsening, the United Kingdom and Europe are looking to winter with trepidation and an increased focus on building up energy inventories. LNG imports – particularly from the United States – are filling the gap for Europe’s immediate energy needs and storage demands ahead of the cold season, causing price increases

Read More...

China’s gas demand to grow 10% this winter

Chinese demand for natural gas is expected to grow by 10% year-on-year this winter, as a Covid-19 recovery spurs higher residential and industrial consumption, state oil companies said on Thursday. Presenting at a gas seminar in Beijing, the companies said demand during the 2020/21 peak winter season is estimated at 148 billion cubic meters (Bcm),

Read More...