Categories
Europe

Russian Government and Gazprom to continue hydrogen energy development | Source: Neftegaz.RU

Russian government and Gazprom signed an Agreement of Intent of «Development of hydrogen energy & decarbonization of industry and transport on the basis of natural gas». Russia is signalling its interest in joining the global hydrogen race, taking advantage of a favourable geographical position allowing for exports of hydrogen to areas featuring likely centres for its consumption in Europe and in the Asia-Pacific region. Hydrogen is one of the most promising energy sources of the future, and a potential alternative to fossil fuels

Source: Neftegaz.RU


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Eurasia

China looks to Russian coal to help ease its power shortage crisis | Source: SCMP

China’s attempts to address its power shortage have received a boost through efforts to increase imports of coal and electricity from Russia. “The shortages in power supplies in China should reinforce the energy alliance between Moscow and Beijing, if only because Russia is the nearest external source of coal, gas and oil for China. As one consequence, Beijing may give the final go-ahead to the Power of Siberia 2 gas pipeline project, which would bring Russian gas from western Siberia into China via Mongolia.”

Source: SCMP


MORE NEWS ABOUT EURASIA:

Eurasia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Asia Pacific

China urges gas importers to secure supplies at any cost to avoid energy crunch this winter | Source: RT

With the world grappling with an energy crisis amid the post-pandemic recovery, China has urged its liquefied natural gas (LNG) importers to secure enough fuel before winter. The large state-owned companies are ready to pay high spot prices to attract shipments away from rivals in Asia and Europe despite the extreme losses they could be facing. Meanwhile, the China Banking and Insurance Regulatory Commission said that banks should prioritize lending to qualified mines and power plants so that they could increase thermal coal and electricity output.

Source: RT


MORE NEWS ABOUT ASIA PACIFIC:

Asia Pacific

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Gazprom cuts gas to EU via Belarus by 70 percent | Source: EU Observer

Russian firm Gazprom is continuing to reduce gas supplies to Europe via Belarus, potentially aggravating tense market conditions. The new figures come after supplies via the Yamal pipeline, which runs from Russia via Belarus to Poland, fell by half last week. Analysts, such as US investment bank Goldman Sachs, have said the Yamal cuts could lead to higher gas prices in winter.

Source: EU Observer


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Russian Gazprom starts gas supplies to Hungary bypassing Ukraine | Source: TASS

Gazprom began supplying gas to Hungary through the Balkan Stream gas pipeline and pipelines in South-Eastern Europe. Meanwhile, Kiev announced its disappointment with the contract and promised to contact the European Commission  to provide an assessment of its compliance with European energy legislation.

Source: TASS


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Russia using gas-price crisis to bully EU, Ukraine says | Source: EU Observer

Olha Stefanishyna

Russia is manipulating gas prices to force EU concessions on energy security, Ukraine has warned, adding that Russia is really manipulating prices to make them use Nord Stream 2 (Russia’s new gas pipeline to Germany) to stabilise the prices’. Russia is pushing to operate the pipeline as its own monopoly, harming EU energy security by enabling it to cut gas to Western allies such as Poland and Ukraine in future.

Source: EU Observer


MORE NEWS ABOUT EUROPE:

Europe

 

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Gazprom Rejects Gas Transit Increase as Europe Faces Winter Fuel Crisis | Source: The Moscow Times

The Suja gas metering station on the Russian-Ukrainian border.

Russian gas giant Gazprom has turned down an option to maximize gas shipments to Europe as the continent faces a looming energy crisis amid surging natural gas prices. The decision sparked a further surge in wholesale gas prices in Europe, which have doubled over the last two months. Politicians in both Europe and the U.S. have criticized Gazprom, sensing a geopolitical move by Russia. The price surge comes at a crucial time in energy relations between the EU and Russia. Gazprom’s controversial Nord Stream 2 gas pipeline has just been completed and is awaiting certification by German regulators.

Source: The Moscow Times


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Eurasia

First China-Russia highway bridge ready for operation | Source: Global Times

Workers work at the construction site of the first highway bridge connecting China and Russia across the Heilongjiang River, on August 19, 2019.

The Blagoveshchensk-Heihe highway bridge, the first highway bridge connecting China and Russia across the Heilongjiang River, is ready to open to traffic, marking the completion of another key cross-border infrastructure project that could pave the way for a closer economic bond between the two countries. China and Russia are also actively exploring cooperation in the fields of oil and gas chemicals, mineral resources, as well as green, low-carbon, and hydrogen energy.

Source: Global Times


MORE NEWS ABOUT EURASIA:

Eurasia

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Poland will terminate gas supply contract with Russia | Source: The First News

Poland will no longer need Russian gas supplies delivered by the Yamal pipeline next October owing to the start of deliveries of North Sea gas via the new Baltic Pipe, through a Polish-Danish strategic gas infrastructure project, that will bring Norwegian gas to the Polish markets, and will help Poland diversify natural gas supplies.

Source: The First News


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.


Categories
Europe

Russian Gazprom stock surges in Moscow as Nord Stream 2 construction completed | Source: RT

Gazprom stock increased in value by 1.48% shortly after Gazprom’s management announced that the construction of the gas pipeline had been fully completed, despite numerous roadblocks, with the US government threatening companies and states involved in the construction with sanctions. EU member states also persistently expressed disapproval of Nord Stream 2. Ukraine, which used to benefit from the transit of gas from Russia to Europe, is also opposing the project.

Source: RT


MORE NEWS ABOUT EUROPE:

Europe

FREE SUBSCRIPTION

Get new content delivered directly to your inbox.