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Moldovagaz has settled with Russia's Gazprom in full for February gas supplies, the Moldovan company's chef, Vadim Ceban, said on Telegram. "Moldovagaz on Monday settled in full with Gazprom for the February gas supplies to …
Gazprom continues supplying Russian gas for transit to Europe through Ukrainian territory as per normal, Spokesman Sergey Kupriyanov said. "Gazprom supplies Russian gas for transit through Ukrainian territory as per normal, in …
U.S. President Joe Biden announced a ban on Russian oil and other energy imports. The latest sanctions are likely to push up oil prices - resulting in even higher prices at the pump. Brent crude was up $1.68, or 1.3%, at $129.66 a …
Russia has been a reliable supplier of gas for over three and a half decades and will remain so, Turkish Deputy Minister of Energy and Natural Resources Alparslan Bayraktar said on the sidelines of the Cambridge Energy Research …
Director of the Department of Economic Cooperation of the Russian Foreign Ministry Dmitry Birichevsky said that the rapid rise in gas prices in Europe is a consequence of the abandonment of the Russian Nord Stream 2 pipeline. He noted …
The price of gas on the stock exchange in Europe for the fourth trading day in a row breaks records, surpassing $3,600 per 1,000 cubic meters on Monday, according to London’s ICE. In general, the price of gas has been growing by more than …
British Prime Minister Boris Johnson said that it is necessary to develop a common European strategy to reduce dependence on Russian energy resources. "It is important that we in the UK do not preach to countries that are heavily …
Hungary is sticking with its Russian gas import agreement and does not plan to cancel the expansion its Paks nuclear power plant
Nord Stream 2 AG, the operator of the Russian Nord Stream 2 gas pipeline project, may file for bankruptcy, Reuters reports citing sources. Nord Stream 2 AG was included in the US sanctions list before the start of Russia's …
Oil and gas concern Shell will not participate in the Nord Stream 2 project, the company announced. "The Board of Shell plc ("Shell") today announced its intention to exit its joint ventures with Gazprom and related …
The price of gas in Europe climbed by more than 35% as Monday trading opened to $1,450 per 1,000 cubic meters, according to data provided by London’s ICE. The price of gas futures for April delivery at the TTF hub in the …
The cessation of gas supplies from Russia is not expected, Michael Harms, executive director of the Committee on Eastern European Economic Relations, which unites German companies operating in Eastern …
On February 20, the summit of leaders of the Gas Exporting Countries Forum (GECF) starts in the capital of Qatar. The meeting taking place in Doha will bring together leading suppliers from around the world, Sputnik Azerbaijan …
If a war with Ukraine breaks out, the EU will expand sanctions against Russia. New restrictions will affect the energy sector, the head of the European Commission, Ursula von der Leyen, said. "We have already agreed on tough …
European gas storage facilities are 32% full, with less than 5% of the gas purchased during the summer season left in them. "The overall level of UGS occupancy in Europe is 32%. Underground storage facilities in Germany are …
Russia's Lukoil has announced completion of the transaction of buying a 9.99% interest in the Shah-Deniz gas project from PETRONAS. The transaction value is approximately $1.45 billion. Following the completion …
The country recorded 10-year high sales in 2021 following a jump in global prices and resumption of production in its second liquefied gas facility
Escalating tensions with Russia over Ukraine have raised concerns about Russian gas flows to Europe, prompting the EU to review its contingency plans for supply shocks, and EU and U.S. officials to seek alternative supplies. “Our …
Gas supplies via the Nord Stream gas pipeline in 2021 remained at the record level of 2020 of 59.2 bln cubic meters, the operator of the project, Nord Stream AG, said in a statement. "In 2021, 59.2 billion cubic meters of natural …
European countries have withdrawn 80.3% of the gas pumped last summer from their underground storage facilities as of January 29, Gazprom reported on Monday referring to the data provided by Gas Infrastructure Europe. The volume of active gas in …
