gas
- World
Italy can get through winter without Russian gas: Eni CEO
Rome: The head of Eni, Italy’s largest oil and gas company said he thought his country would be able to make it through the upcoming winter without major problems despite Russia’s decision…
- India
Gas crisis in Europe to create fresh round of inflationary pressures: SBI Research
New Delhi : The current round of gas crisis in Europe is expected to create a fresh round of inflationary pressures in food and transport prices, said SBI Research in its latest…
- Middle East
Ready for all options to protect Lebanon’s oil, gas: Hezbollah
Beirut: Hezbollah leader Sayyed Hassan Nasrallah has warned Israel against making any miscalculations toward Lebanon, stressing that the Lebanese party will spare no efforts to protect Lebanon’s oil and gas. “We are…
- World
EU member states agree to cut off 15% of their gas demand
Brussels: European Union (EU) member states have reached a political agreement on a 15 per cent voluntary reduction of natural gas demand from the average of 2017-2021. Jozef Sikela, Czech Minister of…
- World
Russia defaults on LNG supplies to India
New Delhi: Russia has defaulted on the supply of at least 5 cargoes or shiploads of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to…
- Middle East
Joe Biden meets with Iraqi PM Mustafa al-Kadhimi in Saudi Arabia
Jeddah: President Joe Biden began his final day in Saudi Arabia by meeting with Iraqi Prime Minister Mustafa al-Kadhimi, who survived an assassination attempt with explosive drones last year. Some in the…
- World
Germany faces gas supply ‘crisis,’ declares alarm level
Berlin: Germany activated the second phase of its three-stage emergency plan for natural gas supplies Thursday, saying Europe’s biggest economy faces a crisis and warning that storage targets for the winter are…
- World
EU signs energy deal with Egypt and Israel to give up Russian gas
Nicosia: As Europe scrambles to wean itself off Russian oil and gas and tries to confront Russia for its use of energy to blackmail European countries, the EU signed in Cairo last…
- Middle East
Hezbollah vows to protect Lebanon’s oil, gas in dispute with Israel
Beirut: Lebanon-based militant group Hezbollah vowed that it has the capabilities to prevent Israel from extracting oil and gas from a disputed offshore field in the Mediterranean. In a televised speech, Hezbollah…
- Middle East
Turkey raises gas, electricity prices citing storm in global markets
Ankara: Turkey has raised the prices of natural gas and electricity, citing a “surge in energy prices in global markets”. In a statement on Wednesday, Turkey’s state-run BOTAS Petroleum Pipeline Company said…
- World
Russia to stop gas supply to Finland after electricity cut
Helsinki: Finland’s state-owned gas company Gasum has announced that imports of liquefied natural gas (LNG) to Finland from Russia’s Gazprom Export would end on Saturday morning. Gazprom Export has informed Gasum that natural…
- World
Sri Lanka stops supplying gas for domestic use
Colombo: Amid the ongoing economic crisis, Sri Lanka’s leading liquefied petroleum gas supplier Litro Gas Lanka Limited on Monday said that they are unable to supply gas to domestic consumers until new…
- World
Iran to sell oil, gas in local currency rather US dollars
Iran is likely to begin selling oil and gas in rials instead of US dollars, following the Russian example, which will most likely be bound to gold. The Iranian move would be…
- World
Russia would not supply gas to Europe for free
Moscow: Russia does not intend to engage in charity and export gas to Europe for free, Kremlin spokesperson Dmitry Peskov said while commenting on statements by representatives of Western countries that they…