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FES News August 29, 2025 - Oil at $70, Rising Gas Prices, and Stabilization of Petroleum Product Market
... $380 to $410, interrupting several weeks of steady decline. Although current levels are far from the record highs of 2022, the market remains extremely sensitive to any risk factors. European consumers continue to compensate for the absence of Russian pipeline gas with record imports of liquefied natural gas (LNG), competing for LNG shipments with Asian buyers at high prices. It is worth noting that the pace of inventory replenishment has now slowed, as storage is nearing its maximum capacity — leaving ...
Energy Sector News – September 2, 2025: Sanctions Pressure, Oil Market, and Gas Prices
... $410, interrupting several weeks of gradual decline. Although current levels are incomparable to the record peaks of 2022, the market remains highly sensitive to any risk factors. European countries still need to compensate for lost volumes of Russian pipeline gas with record imports of liquefied natural gas (LNG), competing for shipments of LNG against Asian buyers at high prices. Notably, the rate of stock replenishment this summer is already lower than last year’s (due to storage facilities being ...
Energy Sector News – September 1, 2025: Oil at $70, Gas Volatility, and the Petroleum Market
... interrupting several weeks of gradual decline. Although current levels are not comparable to the record peaks of 2022, the market remains highly sensitive to any risk factors. European countries still need to compensate for the shortfall of Russian pipeline gas with record imports of liquefied natural gas (LNG), competing for LNG shipments with Asian buyers at high prices. Notably, the pace of storage replenishment this summer is already lower than last year’s (due to the closeness of storages ...
Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter
... is approximately in line with similar levels from the previous year. The summer heat in Western Europe is increasing the load on power grids (due to air conditioning), while the need to replenish reserves is also supporting gas demand. Furthermore, pipeline supplies from Russia remain limited: transit through Ukraine has been entirely suspended since the beginning of the year, while volumes along the "Turkish" route remain at moderate levels (~50 million m
3
per day).
Comment from Sergey ...
Where Irkutsk Oil Company (INK) Invests?
... which will allow for the efficient use of associated petroleum gas and the production of high-value-added products.
Transportation Infrastructure: INK is developing transportation routes for the delivery of its products, including the construction of pipelines and modernization of existing transportation facilities.
Environmental Projects: The company pays attention to environmental safety by investing in projects aimed at reducing emissions and waste management.
Impact on Russia:
INK's investments ...