Document shows that the EU Commission has set a 50% storage target by February 2025.
The European Commission announced on Friday that Europe had set a target to have its gas storage 50% full by February 1, 2025. This is to ensure supply security amid cold weather…
Sources: Austria's 50-year relationship with Gazprom is ended by the gas seizure
Five sources said that the Austrian group's seizure and payment of Russian gas to cover an arbitration award was what triggered the end of more than 50 years gas flow from Russian…
EU Energy Ministers Discuss Ukraine Energy Crisis and Russian LNG
Officials said that EU energy ministers met on Tuesday in Luxembourg to discuss the rising Russian LNG imports into the EU, Ukraine's energy shortages before winter and how to equalize energy prices among member states.
German wind power expected to fall in the next week
The spot prices for Monday's trading were not traded until early Friday morning, due to the expected fall in German wind energy supply over the coming week. LSEG data revealed that…
Slovak gas buyer SPP continues to talk about extending Ukraine transit
SPP's Chief Executive Vojtech Ferrencz stated on Thursday that the Slovak government-owned gas buyer SPP continues negotiations with Ukraine to extend the gas transit contract after…
Spain's Energy Firms Look to Central Europe Markets for Green Hydrogen Deals
Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took…
Vestas Gets 34-MW Turbine Order from Norway
The sustainable energy solutions provider Vestas Wind Systems A/S has received a 34 MW order for the Haramsfjellet wind project on the island of Haramsøya in western Norway.The…
Vermilion to Drill Exploration Wells in Central Europe
Canada's Vermilion Energy will drill its first two exploration wells in Croatia in June, a senior official from the company said on Monday. Vermilion won four licences in 2015 for…
MENA Region to Lead Global Oil and Gas for Decades to Come: DNV GL
The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century according to DNV GL’s 2018 Energy Transition Outlook…
Novatek, Fluxys to Build German LNG Terminal
Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating…
JIP on Single Phase Flow Meters Enters Phase II
DNV GL is now starting phase II of a Joint Industry Project (JIP) on single phase flow meters in phase-contaminated oil flow. Phase II of this JIP will focus on the influence of the oil fluid properties.
Croatia Extends LNG Terminal Gas Bidding Deadline
A deadline for bids on output from a planned offshore liquefied natural gas (LNG) terminal to be built on Croatia's northern Adriatic island of Krk has been extended until Sept.
Croatia Reopens Bidding for LNG Terminal Capacity
LNG Hrvatska launched a second round of bidding for potential operators of an offshore liquefied natural gas (LNG) terminal in Croatia's northern Adriatic on Friday, after the previous…
Croatia Acts to Cut Red Tape for FSRU Terminal Project
The Croatian government proposed a special law on Thursday to facilitate the construction of an EU-backed liquefied natural gas (LNG) terminal in the northern Adriatic.The floating…
MET International Plans to Boost LNG Trades
Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company's chief executive said on Tuesday.
Wintershall Says Ready to Continue Supporting Nord Stream 2
Wintershall , one of the former western partners of Russia's Gazprom in the ongoing Nord Stream 2 pipeline project, on Wednesday said it was still looking for ways to support the…
Vitol Bets on Retail Model as it Hopes to Grow
Vitol invests in gas stations from Turkey to Pakistan; increases presence in growing consumer markets. From Pakistan to Turkey, the world's largest independent oil trader Vitol…
Bulgaria Gas Group says Gets EU Funds for Gas Hub Study
Bulgaria's gas network operator Bulgartransgaz said it will get financing from the European Union for a feasibility study on a natural gas hub at the Black Sea port of Varna to…
Gazprom Files Proposals to EU Aimed at Ending Antitrust Case
Russia's Gazprom said on Tuesday it had filed proposals with the European Commission aimed at resolving a five-year EU case over the Russian gas giant's alleged monopoly practices.
Czech Energy Group EPH Profit Drops Despite Higher Sales
Acquisitive Czech power group EPH, one of central Europe's biggest energy firms, saw its profit slip in the first half of the year despite increasing sales. EPH has been snapping up coal…
