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Express News | Range Resources Corp : Citigroup Cuts Target Price to $37 From $40
Estimating The Fair Value Of Range Resources Corporation (NYSE:RRC)
Express News | Range Resources Corp : JP Morgan Raises Target Price to $37 From $33
The European Union has reached an agreement on the 14th round of sanctions against Russia, which is the first time targeting liquefied natural gas.
① The sanctions seek to ban the use of European ports as transshipment points for Russian liquefied natural gas, rather than completely banning the import of Russian natural gas; ② Von der Leyen claimed: "This strong package of measures will further prevent Russia from obtaining key technology, deprive Russia of more energy income, and undermine Russia's shadow fleet and shadow banking network abroad."
Wind power or henry hub natural gas, who will be the new engine of the American electric power revolution?
Data centers are the backbone of internet and AI applications, and leaders in the wind power industry believe that economic benefits are enhanced as prices of cecep solar energy panels and batteries decrease. However, natural gas producers believe that they are better equipped to meet the surging demand, especially for data centers.
What happened? Last month, Russia's natural gas supply to Europe surpassed that of the USA.
Although Europe has been trying to reduce its dependence on Russian fossil fuels since the outbreak of the Russia-Ukraine conflict, an unexpected situation occurred last month: in May, Europe's imports of natural gas from Russia (including liquefied natural gas) surpassed those from the United States for the first time in nearly two years.