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Investors should not miss the big opportunity of the current rapid rise in oil and gas prices, but increase their exposure to high-margin explorers and miners. HighPeak Energy, Inc. appears as a good investment proposition given the high profitability of its operations. The compan...
Natural gas in Europe settled at another record high on Friday after Gazprom ( OTCPK:OGZPY ) said it will stop the Nord Stream pipeline - working at just 20% capacity since late July - for three days of maintenance starting August 31. European benchmark futures jumped as muc...
Speaking of recession , Russia keeps cutting back on its gas supplies to Europe, raising overall economic risks for the continent. The key Nord Stream 1 pipeline is now pumping at only 20% of capacity, according to Gazprom ( OTCPK:OGZPY ), which cited maintenance problems and turbin...
Genco Shipping & Trading Limited is the largest dry bulk shipping company headquartered in the U.S. The company benefited from surging shipping costs in 2021 and saw a 500% boost in Net Income year-over-year. Genco pays a monster 17% dividend, and thus is great for income inve...
The Russian government said on Tuesday that a repaired gas turbine for the Nord Stream 1 pipeline has not yet arrived after maintenance in Canada and that a second turbine is showing defects . Claiming another turbine also has defects, the Kremlin said Western sanctions against ...
European gas futures surge by more than 10% after Russia said on Monday it would halt another turbine on the Nord Stream 1 pipeline to Germany, cutting gas flows by half from already reduced rates of just 40% of capacity. Gazprom ( OTCPK:OGZPY ) said the pipeline will pu...
In 2022, Europe once again finds itself in the throes of an energy crisis, as it reassesses its reliance on Russia for oil and gas. As Norway’s Energy ecosystem took shape, the stream of revenue from oil and gas led to the creation of a massive fund that now enjoys global fame....
European natural gas prices fell on Thursday after Russia's Gazprom ( OTCPK:OGZPY ) restarted shipments through the Nord Stream pipeline after a 10-day shutdown for maintenance, providing some relief for Europe as it attempts to store gas before winter. But gas flows began w...
The European Union proposed to member states Wednesday to cut gas usage by 15% until March as part of an emergency plan, as it braces for the "likely scenario" that Russia could cut off gas flows to Europe. "Russia is blackmailing us. Russia is using energy as a weapon... theref...
The main artery for Russian gas to European Union, otherwise known as Nord Stream 1, has been offline for much of the past two weeks due to pre-scheduled annual maintenance. However, many Western nations are growing concerned that Moscow could permanently turn off the flows, which are u...
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