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Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crudeoil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity. billion cubic meters (473.22
Since Wednesday, August 29, natural gas spot prices increased in most markets (exceptions were Florida and Rocky Mountain region). Crudeoil was up over $2 per barrel. Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17
May 19, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. bcm, crudeoil increased 1.5% Crudeoil processing fell 1.4% Read more Gas prices hit lowest inflation-adjusted levels in years Summary : U.S. gas prices rose 6.1
April 14, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Read more Russia targets major surge in natural gas exports by 2050 Summary : Russia aims to double its natural gas exports by 2030 and triple them by 2050 under its new energy strategy.
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