Sunday, February 23, 2025

Energy Crisis News

Minister: Hungarian gas company will supply Transdniestria

Peter Szijjarto, the Hungarian foreign minister, said that a Hungarian trading company would provide natural gas to Transdniestria in Moldova after a request by Russia's energy ministry. Transdniestria residents, a tiny sliver run by pro Russian separatists on the border of Moldova and Ukraine, faced an…

Moldova names new Energy Minister

Dorin Dzungietu, a gas industry expert from Moldova, was appointed as the country's new Energy Minister by President Maia Sandu on Wednesday morning. He was sworn into office at the Presidential Office. Junghietu replaced Viktor Parlicov who was fired in December after failing to prepare for a possible stoppage…

Breakaway Moldovan Region claims it received gas supplies backed up by Russian loan

Separatist authorities announced on Friday that the pro-Russian Transdniestria region of Moldova, which is a breakaway region, has begun receiving gas under a Moscow loan. Transdniestrian leader Vadim Krsnoselsky stated in a Telegram statement that the Russian loan assistance as well as cooperation with Russia's Ministry of Energy made gas deliveries possible.

European energy industry urges EU to not cap gas prices

The European Union's gas and trading industries are urging it not to cap the gas price, while Brussels is looking for ways to protect businesses and consumers from rising energy prices. The European Commission has been preparing a set of measures that will be presented on 26 February to help improve the competitiveness of industries and lower energy prices.

European energy industry urges EU to not cap gas prices

The European Union's gas and trading industries are urging it not to cap the gas price, while Brussels is looking for ways to protect businesses and consumers from rising energy prices. The European Commission has been preparing a set of measures that will be presented on 26 February to help improve the competitiveness of industries and lower energy prices.

European energy industry urges EU to not cap gas prices

The European Union's gas and trading industries are urging it not to cap the gas price, while Brussels is looking for ways to protect businesses and consumers from rising energy prices. The European Commission has been preparing a set of measures that will be presented on 26 February to help improve the competitiveness of industries and lower energy prices.

Norway will now focus on floating offshore wind turbines instead of the new bottom-fixed tender

Norway said that it will not be offering acreage for the development of bottom-fixed offshore farms when it announces its next tenders. Instead, it will focus on floating wind power options. The government has previously stated that it will offer new areas along the North Sea, bordering Denmark, suitable for installing turbines on seabeds.

If elected, German opposition leader promises to build 50 gas-fired energy plants

The t-online newspaper reported that the opposition leader Friedrich Merz has pledged to build 50 gas-fired plants if the conservatives win in the snap elections on February 23. In November, Germany's gas-fired electricity output jumped a record 79% from the previous month as utilities scrambled for a way…

Prices lower in Europe due to softer demand and higher renewables

Dutch and British wholesale prices of gas fell on Thursday, amid forecasts for higher wind and solar production and a softer demand. However, prices may be affected by changes in energy policy as Donald Trump assumes the U.S. presidency next week. According to LSEG, the benchmark front-month contract for…

Leader of Moldova’s separatist region visits Moscow to discuss gas crisis

Transdniestria, the news agency of Transdniestria, reported that on Tuesday the leader of Moldova’s Transdniestria region has traveled to Moscow to hold talks in order to resolve a crisis resulting from the suspension of Russian Gas deliveries. Transdniestria is experiencing widespread power outages since January 1, when Russia's Gazprom stopped gas exports.

Sources say that EU plans to allow gas price cap to expire

EU diplomats have said that the European Union will let its gas cap expire at the scheduled time of the month. This is a sign that the worst of Europe’s energy crisis, which began in 2022, has passed. After months of high energy costs caused by Russia's slashing of gas supplies after its invasion of Ukraine, Brussels introduced the first price limit in December of 2022.

Ukraine's DTEK purchases 200MW energy storage system in bid to reduce outages

DTEK, Ukraine's largest energy private company, announced on Monday that it would purchase storage systems from Fluence Energy with a total capacity of up to 200 megawatts. The storage systems will be used as backup for six power plants. Ukraine faces an energy crisis following Russia's intensified bombardment of its energy sector.

Separatists pro-Russians in Moldova extend state of emergencies amid gas cuts

Transdniestria, a separatist region in Moldova backed by Moscow and afflicted with an energy shortage after losing its access to Russian gas that has sustained its economy for decades, extended the state of emergency for another month on Friday. Gazprom, a Russian company, suspended its gas exports to Transdniestria at the beginning of January.

Centrica: Britain's gas reserves are "concerningly small"

Centrica, the operator of Britain's largest storage facility, stated on Friday that Britain's gas levels were "concerningly" low, with less than one week's worth of gas left to be consumed following a recent cold snap. Britain relies heavily on gas to heat its homes and generate electricity. As of 9th January 2025…

The Moldovan President visits the area affected by blackouts and blames Russia's Gazprom

On Thursday, the Moldovan president Maia Sandu visited areas that were experiencing rolling power outages and blamed Russian Gas giant Gazprom. The energy crisis in the pro-Russian enclave of Transdniestria is a result of this. Dmitry Peskov, Kremlin spokesperson in Moscow, said that Moldova and Ukraine are responsible for the power and heating shortages.

Zelenskiy and Sandu, the Moldovan energy minister, discuss Ukrainian coal as a way to ease Transdniestria's energy crisis

On Wednesday, Ukrainian President Volodymyr Zelenskiy and Moldovan president Maia Sandu discussed the use of Ukrainian coal to ease energy shortages that have plagued Moldova's Transdniestria separatist region. Transdniestria has relied for many years on Russian gas supplies. The flow of gas through Ukraine to the region was halted by Ukraine on January 1…

In the pro-Russian region of Moldova, thousands are left without gas or heat

Authorities said that more than 51,000 households in Moldova's pro Russian separatist enclave were without gas, and 1,500 apartment blocks had no heating for winter. Moldova and Russia have been trading blame over an escalating crisis. Transdniestria (a breakaway region dominated by Russian speakers along…

In the pro-Russian region of Moldova, thousands are left without gas or heat

Authorities said that more than 51,000 households in the pro-Russian separatist region of Moldova were without gas, and 1,500 apartment blocks had no heat for winter. This was after Ukraine refused to renew a transit agreement last week with Russia. Transdniestria (a separatist region dominated by Russian…

PDVSA 2024 Oil Exports Climb in Choppy Year

©moofushi/AdobeStock

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.As President Nicolas Maduro gets ready to start his third term in office next week following disputed election results…

After gas was cut off, the power plant of the breakaway region in Moldova switches to coal

Transdniestria's main power plant has switched to coal since Russian gas supplies were halted Jan. 1. It should be able to provide electricity to residents of the breakaway region in January and Febraury, according to the leader of the region. The cutting off of Russian gas through Ukraine on Wednesday has…

Marine Technology ENews subscription

World Energy News is the global authority on the international energy industry, delivered to your Email two times per week.

Subscribe to World Energy News Alerts.