The UK’s energy market regulator, Ofgem, is looking to keep Britain’s gas import capacity from mainland European connectors to preserve flexibility to import gas in case of strong demand.
Norway’s oil and gas production declined sharply in September, with natural gas output falling 12.6% from August, according to preliminary figures released Tuesday by the Norwegian Offshore Directorate (NOD).
Kazakhstan and Germany plan to cooperate on energy security, including oil and gas supplies to Europe, it is noted in a declaration adopted by the presidents of Kazakhstan and Germany, Kassym-Jomart Tokayev and Frank-Walter Steinmeier, following the Kazakh leader’s official visit to Berlin, APA reports. “The presidents welcome close cooperation to strengthen energy security and […]
Ukrainian drones have hit a Moscow oil refinery for the second time this week while Russia fired missiles at Kyiv, as President Volodymyr Zelenskyy seeks support from the United States and Europe to reach a deal to end the war. Russia’s Defence Ministry said on Thursday that its air defences shot down 555 Ukrainian drones […]
Russia would be ready to keep supplying natural gas to Europe if there are any volumes left from increased exports to other markets, Kremlin spokesman Dmitry Peskov told Russian media on Sunday.
Europe is on track to break its previous record for monthly LNG imports in February, with Kpler forecasting a total of 14.20 million tons amid fast-depleting gas inventories.
As Europe accelerates its industrial decarbonisation agenda, offshore carbon capture and storage (CCS) is moving from pilot initiatives to full-scale infrastructure development. The focus is shifting towards integrated transport and storage systems capable of handling millions of tonnes of carbon dioxide (CO₂) annually.
The European Union’s plan to ban LNG imports from Russia will prompt a surge in demand for LNG carriers to the tune of 30 new vessels, a senior Vortexa analyst said ahead of the LNG Qatar gathering that starts today.
The upward pressure on prices was back, however, as European pressure on Russia increases, with reports over the weekend of Russian aircraft entering Estonian airspace and neutral airspace over the Baltic Sea, plus airstrikes on western Ukraine that were close to the border with Poland.
These contracts would be part of a broader commitment that the president of the European Commission Ursula von der Leyen made to President Trump for the EU to buy $750 billion worth of U.S. oil and gas until 2028.