Tag #Gas

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zeit.de

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Apr 21, 10:09

German Heating Costs Surge 23% Due to Cold Weather and VAT Increase

German gas heating costs rose 23% this past heating season due to colder weather and VAT reinstatement, averaging €1,858 per single-family home; oil heating costs increased slightly, while the new GEG aims for a shift to greener alternatives.

German Heating Costs Surge 23% Due to Cold Weather and VAT Increase

German gas heating costs rose 23% this past heating season due to colder weather and VAT reinstatement, averaging €1,858 per single-family home; oil heating costs increased slightly, while the new GEG aims for a shift to greener alternatives.

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How did the increase in heating costs for oil differ from that of gas, and what factors contributed to these variations?

The increase in heating costs is a direct consequence of a colder-than-average winter requiring 11% more heating and the return to the full VAT rate on natural gas. While oil heating costs saw a slight 1% increase overall, this was offset by lower oil prices, although this varied based on the timing of oil orders.

dw.com

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Apr 15, 19:16

EU to Release Roadmap for Russian Gas Phase-Out on May 6th

The European Union will release a roadmap on May 6th detailing its plan to completely phase out Russian gas imports by 2027, a plan that has been delayed several times due to political and logistical challenges, with current imports at approximately 13 percent of pre-war levels.

EU to Release Roadmap for Russian Gas Phase-Out on May 6th

The European Union will release a roadmap on May 6th detailing its plan to completely phase out Russian gas imports by 2027, a plan that has been delayed several times due to political and logistical challenges, with current imports at approximately 13 percent of pre-war levels.

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What is the EU's plan for ending its dependence on Russian gas, and when will it be implemented?

The European Commission will release a roadmap on May 6th outlining the EU's plan to phase out Russian gas. This follows a significant reduction in Russian gas imports to the EU, down to approximately 13 percent from over 40 percent before the war in Ukraine. The plan, initially slated for 2027, has faced delays.

zeit.de

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Apr 2, 16:09

Sachsen-Anhalt Faces Challenges in Heating Modernization"

Sachsen-Anhalt's energy minister Armin Willingmann acknowledges the challenge of modernizing heating systems in the state, noting that while new buildings are incorporating renewables, the majority of older buildings require significant upgrades. The state's high reliance on gas and the age of its b...

Sachsen-Anhalt Faces Challenges in Heating Modernization"

Sachsen-Anhalt's energy minister Armin Willingmann acknowledges the challenge of modernizing heating systems in the state, noting that while new buildings are incorporating renewables, the majority of older buildings require significant upgrades. The state's high reliance on gas and the age of its b...

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What are the main obstacles to modernizing heating systems in Sachsen-Anhalt, and what immediate actions are needed to address them?

In Sachsen-Anhalt, most apartments use central heating (60%), significantly higher than the national average for district heating (25%). The state's aging building stock (51% pre-1950) presents a challenge to heating modernization, with older systems becoming increasingly inefficient.

politico.eu

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Mar 21, 07:11

EU Proposes Using Ukraine's Gas Storage to Resolve Dispute with Slovakia

The European Union is proposing to utilize Ukraine's substantial underground gas storage facilities to address Slovakia's concerns about lost transit fees following the termination of a gas transit deal with Russia, aiming to maintain gas supplies to Slovakia and other member states while avoiding r...

EU Proposes Using Ukraine's Gas Storage to Resolve Dispute with Slovakia

The European Union is proposing to utilize Ukraine's substantial underground gas storage facilities to address Slovakia's concerns about lost transit fees following the termination of a gas transit deal with Russia, aiming to maintain gas supplies to Slovakia and other member states while avoiding r...

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How does the EU plan to resolve the energy dispute between Ukraine and Slovakia, and what are the immediate implications for the region's energy security?

The EU proposes using Ukraine's gas storage to resolve a dispute with Slovakia over lost transit fees from a terminated gas deal with Russia. This plan would involve Ukraine importing gas from Greece and Turkey, storing it, and then sending it to Slovakia and other countries, generating revenue for Ukraine and avoiding Russian gas reliance. The proposal aims to appease Slovakia's pro-Russian prime minister, who threatened to cut power exports to Kyiv.

usa.chinadaily.com.cn

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Mar 14, 07:13

China's Ultra-Deep Oil Extraction Boosts Energy Security

China's Tarim oilfield produced 150 million metric tons of oil and gas from depths exceeding 6,000 meters in 2024, representing 37 percent of the nation's total output and marking a strategic step towards energy independence, driven by technological advancements and reduced crude oil imports by 1.9 ...

China's Ultra-Deep Oil Extraction Boosts Energy Security

China's Tarim oilfield produced 150 million metric tons of oil and gas from depths exceeding 6,000 meters in 2024, representing 37 percent of the nation's total output and marking a strategic step towards energy independence, driven by technological advancements and reduced crude oil imports by 1.9 ...

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What is the immediate impact of China's increased ultra-deep oil and gas extraction on its energy security?

China's Tarim oilfield, the largest ultra-deep oil and gas production base, has extracted 150 million metric tons of oil and gas equivalent from depths exceeding 6,000 meters, accounting for 37 percent of the country's total output in 2024. This significant achievement reflects China's growing technological capabilities in ultra-deep drilling and its strategic push for energy security.

foxnews.com

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Mar 5, 07:15

Trump Vows to Lower Energy Costs, Reversing Biden-Era Policies

President Trump vowed in his joint address to Congress to lower energy costs by reversing his predecessor's policies, which included a 95% reduction in oil and gas leases, halted pipeline construction, and the closure of over 100 power plants.

Trump Vows to Lower Energy Costs, Reversing Biden-Era Policies

President Trump vowed in his joint address to Congress to lower energy costs by reversing his predecessor's policies, which included a 95% reduction in oil and gas leases, halted pipeline construction, and the closure of over 100 power plants.

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What specific actions will President Trump take to reduce energy costs, and what immediate impact are these actions expected to have on consumers?

President Trump, in his address to Congress, vowed to lower energy costs, citing the previous administration's reduction in oil and gas leases by 95%, halting of pipeline construction, and closure of over 100 power plants as contributing factors to high energy prices. He promised to reopen these plants and increase domestic energy production.

welt.de

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Apr 21, 10:09

German Heating Costs Surge 23% Amidst Energy Policy Debate

German gas heating costs increased by 23 percent this past heating season due to weather and price factors, while heating oil costs rose slightly despite price drops, impacting millions of households, prompting debate around the new Building Energy Act (GEG).

German Heating Costs Surge 23% Amidst Energy Policy Debate

German gas heating costs increased by 23 percent this past heating season due to weather and price factors, while heating oil costs rose slightly despite price drops, impacting millions of households, prompting debate around the new Building Energy Act (GEG).

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What were the main factors contributing to the increase in heating costs for German households during the 2023-2024 heating season?

Heating costs in Germany rose by about 23 percent for gas customers and slightly for heating oil customers this past heating season, according to Verivox, a price comparison portal. The increase is attributed to weather conditions and price changes, with average gas costs for a single-family home reaching approximately €1,858, compared to €1,515 the previous year. This increase is partly due to the return to the full 19 percent VAT rate on natural gas.

nrc.nl

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Apr 8, 01:13

Dutch Energy Transition Needs Increased Government Intervention, Says EBN Director

Jan Willem van Hoogstraten, director of Energie Beheer Nederland (EBN), urges increased government intervention in the Netherlands' energy transition, citing market hesitancy and the need to balance sustainability with energy security and affordability, highlighting EBN's role in CO2 storage, gas ex...

Dutch Energy Transition Needs Increased Government Intervention, Says EBN Director

Jan Willem van Hoogstraten, director of Energie Beheer Nederland (EBN), urges increased government intervention in the Netherlands' energy transition, citing market hesitancy and the need to balance sustainability with energy security and affordability, highlighting EBN's role in CO2 storage, gas ex...

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Climate Action

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What immediate actions are needed in the Netherlands to overcome obstacles in its energy transition, considering economic and geopolitical factors?

The Netherlands, facing energy transition challenges, needs increased government involvement to manage risks and ensure affordability, as private entities hesitate due to uncertainties. EBN, a state-owned energy company, plays a key role, participating in CO2 storage and gas extraction projects while advocating for a balanced approach combining sustainability with energy security.

usa.chinadaily.com.cn

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Mar 31, 07:15

China's Energy Self-Sufficiency Rises Above 80 Percent

China's energy self-sufficiency rate increased to over 80 percent in 2024 due to a rise in domestic oil and gas production exceeding 400 million metric tons of oil equivalent, reducing reliance on oil imports to 71.9 percent; this was driven by 390 billion yuan ($53.7 billion) in investments by majo...

China's Energy Self-Sufficiency Rises Above 80 Percent

China's energy self-sufficiency rate increased to over 80 percent in 2024 due to a rise in domestic oil and gas production exceeding 400 million metric tons of oil equivalent, reducing reliance on oil imports to 71.9 percent; this was driven by 390 billion yuan ($53.7 billion) in investments by majo...

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How did investments in exploration and technological advancements contribute to China's energy security?

This surge in domestic energy production is a result of increased investments in exploration and development of both traditional and unconventional energy sources, coupled with advancements in exploration and production technology. The three major oil and gas companies invested 390 billion yuan ($53.7 billion), leading to significant discoveries and bolstering China's energy security. This directly impacts China's global energy influence, as its growing demand shapes worldwide trends.

europe.chinadaily.com.cn

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Mar 14, 07:13

Tarim Oilfield's Ultra-Deep Production Bolsters China's Energy Security

China's Tarim oilfield produced 150 million metric tons of oil and gas from depths exceeding 6,000 meters in 2024, representing 37% of the nation's total output and signifying advancements in ultra-deep drilling technology to bolster energy security.

Tarim Oilfield's Ultra-Deep Production Bolsters China's Energy Security

China's Tarim oilfield produced 150 million metric tons of oil and gas from depths exceeding 6,000 meters in 2024, representing 37% of the nation's total output and signifying advancements in ultra-deep drilling technology to bolster energy security.

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What is the significance of the Tarim oilfield's ultra-deep oil and gas extraction on China's energy security?

China's Tarim oilfield, the largest ultra-deep oil and gas production base, has extracted 150 million metric tons of oil and gas, accounting for 37 percent of the country's total output in 2024. This achievement showcases China's advancements in ultra-deep drilling technology and its strategic push for energy independence.

forbes.com

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Mar 12, 22:14

EPD: Record Volumes & Undervalued Stock Despite Slowing Growth

Enterprise Products Partners (EPD), a master limited partnership, achieved record oil and gas volumes in 2024, driven by rising U.S. production and exports; despite expected slower growth, its strong cash flow, $7.6 billion in capital projects, and undervalued stock price offer significant upside po...

EPD: Record Volumes & Undervalued Stock Despite Slowing Growth

Enterprise Products Partners (EPD), a master limited partnership, achieved record oil and gas volumes in 2024, driven by rising U.S. production and exports; despite expected slower growth, its strong cash flow, $7.6 billion in capital projects, and undervalued stock price offer significant upside po...

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What is the immediate impact of rising U.S. oil & gas demand on Enterprise Products Partners' financial performance and outlook?

Enterprise Products Partners (EPD) is a master limited partnership (MLP) that has underperformed despite strong business fundamentals. Its "toll-taker" model benefits from rising U.S. oil & gas production and demand, achieving record volumes in 2024 across multiple segments. The company's $7.6 billion in capital projects under construction will further capitalize on this growth.

politico.eu

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Mar 5, 22:09

Dutch Inquiry Launched into Mozambique Human Rights Abuses

The Dutch government launched an independent inquiry into human rights abuses by Mozambican security forces near a TotalEnergies gas plant, following a POLITICO report detailing a 2021 massacre where 97 victims have been identified and only 26 of 180-250 captives survived; the Dutch government has h...

Dutch Inquiry Launched into Mozambique Human Rights Abuses

The Dutch government launched an independent inquiry into human rights abuses by Mozambican security forces near a TotalEnergies gas plant, following a POLITICO report detailing a 2021 massacre where 97 victims have been identified and only 26 of 180-250 captives survived; the Dutch government has h...

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Peace, Justice, and Strong Institutions

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What is the role of TotalEnergies in the alleged human rights abuses, and what are the implications for the company?

The Dutch investigation stems from a POLITICO report exposing a massacre committed by Mozambican security forces at a TotalEnergies facility. The inquiry aims to determine the responsibility of all involved actors and the extent of TotalEnergies' knowledge or complicity. The Dutch government's decision to halt export support for a related pipeline project highlights the seriousness of the allegations and the potential impact on future collaborations.

Showing 1 to 12 of 70 results