Tuesday , August 9 2022
Home / Tag Archives: natural-gas

Tag Archives: natural-gas

EU member states agree to cut off 15 pct of their gas demand

Member states agreed to reduce their gas demand by 15 percent compared to their average consumption in the past five years Brussels, Belgium | Xinhua | European Union (EU) member states have reached a political agreement on a 15 percent voluntary reduction of natural gas demand from the average of 2017-2021, …

Read More »

Italy lowers fuel taxes to help tackle surging prices

Rome, Italy | Xinhua | Italy’s government on Monday adopted a decree that eliminates excise taxes on some forms of natural gas and methane to help tackle surging energy prices due to the Russia-Ukraine conflict. According to a statement from the office of Prime Minister Mario Draghi, excise taxes on gasoline, …

Read More »

Russia to suspend natural gas supplies to Poland, Bulgaria

Warsaw, Poland | Xinhua | Russia is to halt natural gas supplies to Poland and Bulgaria from Wednesday, according to energy companies and authorities. Poland’s state oil and gas company PGNiG said on Tuesday that Russia’s energy corporation Gazprom will suspend its gas supplies to Poland from Wednesday evening. “PGNiG has …

Read More »

Russia to sell gas to “unfriendly countries” in rubles: Putin

Moscow, Russia | Xinhua | Russia will reject U.S. dollars or euros and only accept rubles for its natural gas supplied to “unfriendly countries,” including the European Union (EU) members and the United States, President Vladimir Putin said Wednesday. Over the past few weeks, some Western countries have taken “illegitimate decisions” …

Read More »

Libya seeks to increase oil, gas production

Oil and gas represent one major source of Libya’s revenue Tripoli, Libya | Xinhua | Libya is seeking to increase oil and gas production in the country over the next five years, Minister of Gas and Oil Mohamed Aoun said on Monday. “We plan to increase oil production to 2.1 million …

Read More »