The beginning of the end for the big oil companies begins ::

Photo: Bloomberg Oil and gas companies have previously measured their success by how good they are at finding new sources. The ruthless rule according to which they were valued was the “reserve replacement ratio”, an indicator of how successful a company is in replacing extracted oil and gas with new supplies. Today, this view is […]

Oil: OPEC + begins the second phase of production reduction

The 23 countries signatory to the Declaration of Cooperation begin, at the beginning of July, the second phase of production decline to support black gold prices, in application of the OPEC agreement last April. >> Oil: doubts about world demand weigh down on crude oil prices >> Oil: OPEC + extends drastic cuts in production […]

E-Control – Energy communities create more competition

Before that happens, however, it will take some patience, says E-Control board member Wolfgang Urbantschitsch. “The legislative process will now really get going – we expect a draft assessment to be issued in July.” “Decentralization has been going on for a long time,” said Urbantschitsch at a press conference in Vienna on Wednesday evening. “Photovoltaics […]

Gas, tobacco, rents, partial unemployment … what changes on July 1

My money BUDGET – Regulated gas prices down very slightly, upward and downward variations in tobacco prices, arrival of a “long-term partial activity” scheme … here are various changes likely to affect your personal finances as of Wednesday. 2020-07-01T13:50:00.000Z – Laurence VALDÉS Whether it’s expenses or income, the month of July is coming with its […]

Gazprom destroyed myths by returning $ 1.5 billion to Poland

Experts assessed the implications of the Stockholm arbitration ruling on Russian gas The Polish side has already confirmed that the money from Russia awarded by the Stockholm arbitration was received in full by it. “I am pleased to inform you that I have received confirmation that the money from Gazprom Export is already in our […]

Hybrid car to cng? You can do it and it is Euro 6

Ecomotive Solutions has just obtained the homologation Euro 6D Temp of the Toyota C-HR 1.8 Hybrid If today the hybrid is a technology that is very common in the price lists of the manufacturers, also because it has made inroads into the hearts of motorists thanks to fuel consumption and emissions, a time was not […]

Bitter Qatar options .. Negative gas prices or losing market share

Last updated: Tuesday 19 Ramadan 1441 AH – May 12, 2020 KSA 14:51 – GMT 11:51 Posted on: Tuesday 19 Ramadan 1441 AH – May 12, 2020 KSA 11:36 – GMT 08:36 Source: Dubai – Sherif Al Yamani Qatar, the world’s largest exporter of liquefied natural gas, is facing a difficult choice, either to reduce […]

India. Gas plant leak leaves at least five dead and hundreds injured

At least five people died and hundreds were hospitalized on Thursday following a gas leak at a LG Polymers chemical plant in east-central India. “We can confirm at this point that five people have died. At least 70 people are in an unconscious state in a nearby hospital, and overall, between 200 and 500 people […]