Boil ETF News

CAIRO, Feb 25 (Reuters) - The organization Of Arab Petroleum Exporting Countries (OAPEC) affirmed in a statement on Friday the keenness of Arab countries exporting natural gas, especially liquefied natural gas, to provide gas supplies to their customers…

European natural gas prices halt their record-breaking rally as #Russia ramps up flows. Benchmark Gas futures slide as much as 33% after Thursday’s surge. US defends decision not to sanction Russia’s energy sector. h/t Holger Zschaepitz Our Twitter for Quick Updates: Twitter Follow Us

Global oil and natural gas prices tumbled Friday as sanctions imposed by the United States and its allies excluded Russian energy exports. After

European imports of Russian gas through Ukraine spiked by almost 38 percent on Thursday

Natural gas markets had a huge boost due to the invasion of Ukraine by Russia over the last couple of days, but now it seems as if traders are suddenly understanding that natural gas will continue to flow, and of course this is a US asset anyway.

RUSSIA’S invasion of Ukraine, its neighbor in Eastern Europe, has worried business leaders in Cebu, who cite its possible effects on a local economy still on its way to recovery after being pounded by the Covid-19 pandemic and Typhoon Odette (Rai).The Kremlin’s military action against Ukraine, a former Soviet republic, on Thursday, Feb. 24 sent Brent crude, the global energy benchmark, topping $100 (over P5,000) a barrel for the first time since 2014.If the conflict drags on, businessman Steven Yu said, it would be a “perfect storm for the business sector” here, as a prolonged conflict could send oil prices soaring.Russia is the world’s third-largest oil producer and second-largest natural gas producer.“A resolution and a halt to the conflict is an immediate solution,” said Yu, president of Mandaue Chamber of Commerce and Industry.Yu, however, said the Philippine government’s achievement of “solid economic fundamentals in the past years,” because of “competent economic managers will momentarily soften the negative impact of the conflict.”Filipino Cebuano Business Club chairman Rey Calooy urged the National Government to focus on the country’s food security.“When in time of war, money becomes worthless.

What is the impact of the conflict between Russia and Ukraine on macro markets and commodities? Russia''s production of zinc ingots is small, and the impact of the conflict between Russia and Ukraine on zinc prices is mainly due to higher energy costs in Europe, where refineries cut production due to a sharp rise in natural gas prices in October last year. The impact of the conflict between Russia and Ukraine on the aluminum market is similar to that on the zinc market, pushing up the price of electrolytic aluminum through rising energy costs in Europe and production cuts in European refineries. The difference is that Russia is rich in aluminum resources. Russia''s aluminum ore and electrolytic aluminum production account for 5.5% and 6% of the global output respectively. The conflict between Russia and Ukraine will also have a non-negligible impact on the supply of metal nickel.

European natural gas prices halted a record-breaking rally, as Russian flows to the continent ramped up and U.S. sanctions targeting Moscow omitted the energy sector.

MISE À DAY A few hours after the Russian invasion of Ukrainian territory, the Minister of International Relations and La Francophonie of Quebec, Nadine Girault, is preparing to position her government as a model on the international plan to distance itself economically of Russia. “Russia is the second largest producer of natural gas after Saudi […] The post Invasion of Ukraine: Quebec ready to set itself as a model on the international scene first appeared on The Bobr Times .

MOSCOW (Reuters) – Eastbound natural gas flows through Russia’s Yamal-Europe pipeline jumped four-fold on their way to Poland on Friday, data from German network operator Gascade showed, amid a Russian attack on Ukraine.

THE EDITOR: As the world is gripped by the unfolding events in Ukraine, seeing Russian forces close the airspace in Kharkiv and move west of the Donbass towards Kyiv, many have begun pointing fingers at what they believe has caused this military aggression. While Russian state propaganda claims that this is a "military exercise" to "denazilise Ukraine" and the political class of the US is busy trying to throw all the blame on Donald Trump or Joe Biden, we must look further to the root cause of this. The moment Ukraine became an independent state at the fall of the Soviet Union, Russian leadership never saw the nation as anything other than rightful Russian territory. President Vladimir Putin going as far as to say on Monday that Ukraine has no right to statehood as it is a land that was built by and for Bolshiveks a century ago. So with this as the political foundations of how the Russian Federation would see Ukraine, it would have been fundamental for Ukraine to be able to defend itself from military aggression such as Thursday''s.

(TSX: AAV ) CALGARY, AB , Feb. 24, 2022 /CNW/ - Advantage Energy Ltd. ("Advantage" or the "Corporation") is pleased to report 2021 year-end results, reserves and an operational update. Advantage achieved record results during 2021, while capital spending remained modest. Advantage''s long history of disciplined capital deployment continued, with every well drilled since the second half of 2020 achieving payout in under one year and many achieving payout in under 5 months. The Corporation has a line-of-sight to eliminate net debt during the third quarter (based on current strip commodity prices) and intends to initiate a share buyback program in second quarter pending regulatory approval. Advantage''s affiliate Entropy Inc. continues to make progress on its previously announced financing (see News Release dated December 30, 2021 ) and remains on-track to close during the first quarter of 2022. In order to maximize shareholder returns, Advantage''s priority is growing adjusted funds flow per share (a) while maintaining a strong balance sheet and enhancing profitability through all phases of the commodities cycle.

The post March Natural Gas Expires Lower as U.S. Fundamentals Trump Russian-Ukrainian Conflict appeared first on Natural Gas Intelligence

Investors were shaken by Russia''s attack on Ukraine, pushing European natural gas prices to another high.

Baytex Energy press release (BTEGF): Q4 Adjusted funds flow C$0.37 per share, compared to C$0.15 in Q4 2020.Petroleum and natural gas sales C$552.40M, compared to C$233.64M in Q4 2020.