The EU has made the bold claim that a 100 bcm reduction of Russian gas can be achieved this year. LNG will need to play a leading role in this effort. The question remains whether Europe’s LNG infrastructure can keep up.
Oil prices are set to rise strongly, as Russian supplies to the market are getting delayed or cancelled down the line. We try to give an overview on crucial factors for rebalanced the market in unchartered territory.
European LNG imports reach record highs in January, leaving less than 20% of free import terminal capacity - too little to cope with further losses of Russian gas.
Naphtha flows have seen strong volatility, especially for US sources barrels. Surging European imports and falling loadings are linked to hydrogen economics. The current lack of inflows is boosting cracks.
Vortexa analyses competitive advantages of different refining setups and concludes from product export data that refiners in oil producing countries are currently outperforming plants in consuming nations thanks to feedstock costs.
As geopolitical tensions mount around Russia-US relations, we take stock of the former nation's role in supplying oil and gas.
Asia’s imports of sweet crude oil are on track to rise sharply in November as the region’s refiners pivot buying activity, at least in part, to minimise elevated desulphurisation costs.
Unprecedented gas price surge in recent months has tilted United Kingdom into crisis mode, but the problem is spreading across Europe and the rest of the world.