Azerbaijan calls on EU to reconsider finance restrictions for gas corridor expansion
Ilham Aliyev, the President of Azerbaijan said that the European Union needs to reassess their financing and policies regarding long-term contracts in order to continue importing natural gases from Azerbaijan.
As U.S. Tariffs take effect, the prices of gas in Europe will fall in line with those on other markets.
The Dutch and British gas price fell on Wednesday in line with the wider sell-offs of equity and commodities markets, as U.S. "reciprocal" tariffs took effect, which has raised fears about a recession.
Lithuanian official: EU could aggregate the demand for US gas in trade negotiations
As part of the negotiations with President Donald Trump, Lithuania's Energy Minister said on Tuesday that the European Union might consider aggregating their member countries' demands to buy U.S.
US EIA delays short-term outlook report amid oil market downturn
Energy Information Administration (EIA) in the United States announced on Monday that it will delay publication of its "Short-Term Energy Outlook Report" (STEO), amid a drop in oil…
Report: France will only be able to produce 3 GW of offshore power by 2032
A report from the Institute for Energy Economics and Financial Analysis warned that France could have only 3 gigawatts installed offshore wind power by 2032, due to complex licensing, legal issues and local opposition.
Italy pays gas incentive for meeting 90% storage target
Gas grid operator Snam announced that Italy will introduce an incentive program at the beginning of this month in order to encourage companies to inject gas into storage following the…
French court halts onshore wind project
Court documents revealed on Friday that a project to build an onshore windfarm in the north-east of France had its licenses revoked due to "visual saturation". The Mont des Quatre Faux project…
Trump tariffs are set to worsen the woes in the petchems industry
Industry officials and analysts warned that the new U.S. import duties will further reduce demand for global producers of petrochemicals and increase capacity cuts in a sector plagued with low margins.
US tech and retail stocks lead the rout following Trump's tariff blow
Apple, Walmart and Nike are among the U.S. megacap tech companies that led to a global meltdown after President Donald Trump announced new tariffs. The fears about a cost spike across…
EU Chief: EU to counter new US tariffs
The European Commission's Ursula von der Leyen said that Donald Trump's tariffs on all goods and services were a serious blow to the global economy. She also stated that the European…
Trump's tariffs have already been carved out in a significant way. Russell: Oil and gas
Energy commodities were excluded from the new tariffs announced by U.S. president Donald Trump. White House announced on Wednesday that the baseline of 10% for all imports into the…
Belgium's king meets Vietnam's leaders, hydrogen deals signed
On Tuesday, King Philippe of Belgium and Vietnamese leaders signed agreements to collaborate in areas such as green hydrogen. The first visit by a Belgian royal to Vietnam is accompanied by a large delegation of businessmen…
The price of gas in Europe is rising due to forecasts for cooler temperatures and Norwegian maintenance
Dutch and British gas rates rose on Tuesday, as forecasts called for cooler temperatures over the weekend. They also cited maintenance scheduled at certain Norwegian infrastructure this week.
Prices for EUROPE GAS remain stable as the storage needs continue to support them
Dutch and British wholesale prices for gas were slightly higher on Monday morning, but are expected to be more volatile this week due to the milder weather being offset by the necessity…
Sources say India is considering scrapping the import tax on US LNG to boost purchases.
Four government and industry sources have said that India is considering scrapping the import tax on U.S. LNG to increase purchases and reduce the trade surplus, which is a major irritation for President Donald Trump.
Vucic: Serbia will lose access to oil imports when the deadline for sanctions looms.
Serbia may lose access to essential oil imports as of Friday, after discussions to stop the imposition by the United States of sanctions on its sole oil refinery failed. President Aleksandar…
Can Trump's drive for critical minerals pass the test of copper? Andy Home
The executive order issued by U.S. president Donald Trump on increasing domestic mineral production is designed to cut through the mine permit maze in the United States. According to S&P Global…
Nigeria’s Refining Revolution is Reshaping West Africa’s Energy Landscape
The launch of the Dangote Refinery near the Port of Lagos presents an exciting opportunity to transform the energy and shipping markets in West Africa. And it stands to boost Nigeria’s…
The drilling of the offshore gas project in Romanian Black Sea has begun.
On Tuesday, the owners of Romania's Neptun Deep offshore project announced that drilling had begun in the Black Sea. This could lead to the production of one the EU's biggest gas deposits in 2027…
Draft shows EU members are seeking flexibility in the 90% rule for gas storage.
A document reviewed by revealed that the European Union is discussing a proposal which would allow it to diverge from its target of filling natural gas storage up to 90% before winter…
