Germany and Belgium to link hydrogen networks, double LNG transit
Germany and Belgium agreed to link their hydrogen networks, double gas flow into Germany and explore the possibility of a…
Russian gas exports down 25%, oil up 7.6% in 2022
Russian natural gas exports fell by 25.1% in 2022, affected by international sanctions, and the decline was only partially offset…
Russian liquefied gas exports to Europe increased by 20% in 2022
Russia supplied Europe with 17 million tonnes of liquefied natural gas (LNG) last year, an increase of around 20% compared…
ESMA: Capping the price of natural gas affects the exchanges
The EU’s decision to cap the price of natural gas could affect financial stability and potentially reduce liquidity on European…
European gas price, at lowest value of the past 17 months
Reference prices of natural gas in Europe fell on Monday to the lowest level since September 2021, as full depots…
Hidroelectrica will partner a with an UAE company for the production of renewable energy
The Masdar company from the United Arab Emirates and Hidroelectrica will collaborate for the production of renewable energy, discussions have…
Bulgaria secures new oil and gas resources from Greece
Bulgaria’s caretaker government said it approved the signing of two memoranda of understanding (MoU) with Greece, which will boost collaboration…
Bulgaria will access Turkey’s LNG terminals
Bulgargaz has signed a long-term agreement with Turkish gas company Botas for access to liquefied natural gas (LNG) terminals in…
European gas prices fell below 70 euro per MWh
Reference gas prices on the European market are falling in the new year, as mild weather has reduced demand, reports…
First high-level round table on joint procurement of natural gas in the EU
European Commission convened a high-level industry roundtable on Tuesday to support work under the EU Energy Platform towards joint gas…
Dărăban, ACUE: The energy crisis will calm down next year
The energy crisis will ease next year, with the arrival in Europe of a large amount of liquefied natural gas…
Croatia, Austria and Germany reached an agreement for a new gas pipeline
Croatia, Austria and Germany have signed a joint energy cooperation initiative whose objective is to transport natural gas from the…
IEA: Europe could face a gas crisis in the winter of 2023-2024
Europe should face a gas supply crisis in the coming months thanks to sizeable reserves, although the continent could face…
OMV and Abu Dhabi National Oil Company sign MoU for LNG
OMV and Abu Dhabi National Oil Company (ADNOC) have signed a Memorandum of Understanding (MoU) to explore a new partnership…
Popescu: Romania did not oppose the gas price cap, called for a wider ceiling
Romania proposed at the extraordinary meeting of the Ministers of Energy from the European Union that the gas price ceiling…
Romania’s continental resources are running out, there is no coherent strategy
Romania’s onshore resources are gradually depleting and, as in any other field of energy, we have almost no policy that…
Europe urged to invest in LNG infrastructure as winter gas crisis looms
Network operators have called for investments in liquefied natural gas (LNG) infrastructure in order to prevent supply shortages as gas…
Russia will take control of the Sakhalin 1 energy project
Pavel Zavalny, chairman of the Energy Committee of Russia’s lower house of parliament, said the Sakhalin-1 oil and gas project…
Sonatrach and Engie have reached an agreement on the supply and sale of natural gas
The Algerian state company Sonatrach has concluded a three-year contract with the French energy group Engie regarding the price of…
EU Taxonomy should not divide the EU in time of crisis
The result of the current political debate on the EU Taxonomy Complementary Delegated Act will significantly shape the European energy…
EU Council adopted the Gas Storage Regulation
Three months after the publication of the legislative proposal by the Commission, the EU Council has finally adopted the regulation…
Germany will reduce the authorization procedures for new LNG terminals
Germany is poised to become a force in the liquefied gas market within a year thanks to the rapid approval…
Popescu: The Vertical and Trans-Balkan corridors, of utmost importance for Romania
The situation in Romania is stable in terms of natural gas supply, as there are no direct contracts with Gazprom.…