The planned new gas package for Ukraine for winter will cost around 1.5 billion dollars according to German minutes from a meeting of the Council of the European Union.
"The amount of gas currently stored in Ukraine is not sufficient to ensure supply for next winter," German minutes seen by Reuters reported European Commission Vice President Maros Sefcovic as saying in comments on June 8.
Reporting by Markus Wacket
U.S. authorities have arrested a Turkish man who they allege was trying to violate sanctions by transporting oil from Venezuela…
Orsted said that the demand for green power will continue to grow in the United States, regardless of the person who is elected as president.
Malaysian palm futures rose more than 3% Friday, the highest level in nearly two-and-a-half years, in response to higher soyoil…
The major U.S. indexes ended lower on Thursday, after Microsoft and Meta Platforms pointed out that artificial intelligence…
Tokyo Gas and Woodside Energy are in discussions about a possible stake in the multi-billion dollar Louisiana LNG export project.
Climate Investment Funds, a multilateral lender, has announced that it will provide an initial investment of $1 billion to…
Patrick Pouyanne, CEO of TotalEnergies, told analysts that the French oil giant's stakes in Russian gas company Novatek and…
The European Commission announced on Thursday that the proposed acquisition by Nvidia of AI startup Run:ai, which threatens…
ConocoPhillips surpassed Wall Street's estimates for the third quarter profit on Thursday, as the Texas oil and gas company…
Cenovus Energy, a Canadian oil and natural gas producer, reported a 56% drop in its third-quarter profits on Thursday. This…
J-Power, a subsidiary of Japan's Electric Power Development, announced on Thursday that it had decided to sell its 50 percent…
The futures linked to Canada's main index of stocks fell on Thursday, as disappointing earnings from U.S. technology giants…
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.