Bosch Thermotechnik, one of the strongest companies in the air-conditioning category, was awarded the “Company Exporting the Most in 2020 and Exporting the Most Combi-Water Heater” awards presented by ISIB this year.

Bosch Termoteknik, which produces and develops technologies that make life easier and offers high-efficiency system solutions for the needs of its users, continues to provide added value to the Turkish economy. At the ceremony where the Air Conditioning Industry Exporters’ Association (ISIB) rewarded the companies that achieved success in 20 different categories in their exports in 2020, Bosch Thermotechnik was named in the categories of “The Company with the Most Exports in 2020 and the Firm with the Most Exports of Combi-Water Heaters in 2020” with its successful exports in 2020.

‘Bosch Termoteknik’ Ranked 1st in the Air Conditioning Sector in Exports | Devamı>>>

Russia’s gas giant Gazprom boosted its natural gas exports to Europe by 23 percent annually in January to July 2021, Gazprom Export said this week.

In the first seven months of this year, Gazprom’s gas sales to Turkey and Europe reached 115.3 billion cubic meters, up by 23.2 percent annually, but lower than the record high from 2018, according to Gazprom Export’s data.

Demand for natural gas in Europe has rebounded strongly this year, following the slump in the spring and summer last year when demand fell with the pandemic-induced lockdowns across Europe.

Gazprom Boosts Gas Exports To Europe In H1 2021 | Devamı>>>

Russian energy company Gazprom’s natural gas export revenues increased by 73% in the first 6 months of 2021 to $20 billion.

According to the information compiled from the data of the Russian Federal Customs Service; Gazprom’s natural gas export volume through pipelines increased by 15.3% in the January-June period compared to the same period of the previous year, reaching 108.4 billion cubic meters.

Gazprom, one of the largest natural gas producers globally, is the only company authorized to export natural gas through pipelines under Russian law.

‘Gazprom’s Natural Gas Export Revenues Increased by 73% | Devamı>>>

While Balıkesir Metropolitan Municipality strengthens its vehicle fleet, 65 buses operating with environmentally friendly (CNG) compressed natural gas, which will serve under the Department of Transportation Planning and Rail Systems, will be at the Metropolitan Municipality Bus Garage located behind the Tax Office on Monday, August 02, 2021 at 11:00 am. was put into service with the launch.

The Metropolitan Municipality, which is environmentally friendly, respectful to nature and people, and turns to clean energy sources, also takes place on disabled ramps so that disabled people can easily reach the buses by realizing energy efficiency and emission reduction in public transportation.

‘Balıkesir Metropolitan Municipality’ Switches to Environmentalist Vehicles | Devamı>>>

One of the world’s largest liquefied natural gas (LNG) exporters, Qatar, expects global natural gas demand to peak at some point around 2040, Bloomberg reported on Monday, quoting a bond prospectus of Qatar Petroleum it had seen.

According to Qatar’s state-owned giant, worldwide natural gas demand still has two decades to grow, unlike the International Energy Agency (IEA), which warned in its Net Zero by 2050 report last month that in a scenario of net-zero emissions by 2050, the world doesn’t need any new oil and gas field developments beyond those sanctioned this year.

“Natural Gas Demand May Peak Around 2040” | Devamı>>>

European gas prices vaulted to record highs this summer, driven by factors ranging from low inventories and outages to an Asian buying spree, and signalling further rises in coming months that could mean higher household bills this winter.

The front month contract at the Dutch TTF hub, a key European benchmark, hit 38.65 euros ($45.77) per megawatt hour on Tuesday, its highest since Refinitiv Eikon records began.

Record-Breaking Summer European Gas Prices Signal an Expensive Winter | Devamı>>>

The Covid-19 pandemic has brought new challenges for the global gas industry, with the LNG shipping market not being an exception. Because of the Covid-19 pandemic, the market witnessed a reduction in the global gas demand in 2020, which resulted in a slowdown of the global LNG trade and lower-than-expected demand for LNG carriers.

These developments, coupled with the commissioning of a large number of new carriers, led to the oversupply of LNG carriers in the shipping market.

New Trends On The Global Market Of Lng Carriers | Devamı>>>

Even though the United States has achieved the long-sought goal of energy self-sufficiency, energy security remains a strategic and economic challenge. Despite “self–sufficiency,” the U.S. still imports significant quantities of oil and natural gas, as well as solar panels and wind turbine components, and prices forall of these products reflect global market dynamics. Traditional concerns about global supply disruptions remain, and new risks have also emerged.

Domestic energy availability can be impacted by storms, terrorism and cyber threats.

Time to Update America’s Energy Security Programs | Devamı>>>

The taking of impairments to oil and gas assets can become a point of controversy in the oil and gas business, often because they are the result of a complex decisions and judgments made by each individual company about current and future market conditions.

As a result of that complexity and the fact that the process is little understood outside of the industry and federal regulators that govern it, media reporting about it can often become sensationalistic and misleading.

ExxonMobil Warns Of Possible $30 Billion Asset Impairment | Devamı>>>

China’s imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand.

With its total natural gas use likely expanding at 4-6% this year, China is the only major bright spot on the world gas market, where demand is set to fall by about 4% as the global economy contracts due to coronavirus lockdowns.

China on Course for Record LNG Imports as Industries Recover Expand | Devamı>>>

Asian spot liquefied natural gas (LNG) prices rose this week as there were supply issues in Australia and the United States, while several buyers were looking for cargoes. The average LNG price for October delivery into northeast Asia LNG-AS was estimated at $4.5 per million British thermal units (mmBtu), $0.45 per mmBtu above last week’s level, market sources said.

This is the highest price since late January, Reuters price assessment data showed.

Asian LNG Prices at More Than Seven-Month High Amid Supply Issues | Devamı>>>

The widening rift between the world’s two largest economies – the United States and China – has had analysts and market observers using the phrase ‘Cold War’ to describe how far the two global superpowers could go in their increasingly heated dispute. A new Iron Curtain could mean attempts to decouple the intertwined economic and trade relations between the biggest economies in the world, market analyst John Kemp argues.

Such decoupling, however, will take decades and may not be even possible, considering the intertwined global supply chains, including in the energy markets.

Could Rising US-China Tensions Change Global Energy Markets? | Devamı>>>