Russian President Vladimir Putin predicted on Thursday that gas prices in Europe will increase due to the expected suspension of transit through Ukrainian territory after the new year.According to Putin, Ukraine's decision not to renew the gas transit contract with Russia which is set to expire on...
Ukrainian Prime Minister Denys Shmyhal said on Monday that the gas transit deal with Russia which is set to expire on January 1, 2025, will not be extended, stressing that Moscow is using energy exports to finance the "criminal war" against his country.In a conversation with Slovakian Prime...
Natural gas prices in Europe plunged 6% on Monday as the downward trend in demand continued. In recent days, the price of the commodity fell below €40 per megawatt-hour, its lowest level in two months. Despite the cold weather, withdrawals from storage have been minimal compared to previous...
Turkish President Recep Tayyip Erdogan (pictured) discussed with Gazprom Chief Alexey Miller the possibility of creating a gas hub in that country, the Gazprom representative said Friday on his Telegram channel.
Miller stated that both parties also talked about the "issues" on "the supply of Russian...
The prices of European gas futures rose over 5% on Tuesday as gas leaks hit two Russian pipelines that run under the Baltic Sea near Sweden and Denmark.
The Swedish Maritime Authority issued a warning concerning the leaks in the Nord Stream 1 pipeline soon after discovering a leak in the...
Germany would be close to reaching its gas saving goal, research by experts of the International Monetary Fund's Department of Economy showed on Friday.
Germany and other EU members agreed to reduce gas consumption by 15% between August 2022 and March 2023 to avoid gas shortages...
Natural gas prices in Europe rose 2% on Monday amid updated reports about the Nord Stream 1 turbine. Earlier, Russian newspaper Kommersant reported that Canada had sent the turbine for the Nord Stream gas pipeline to Germany by plane on July 17 after repair work had been...
Natural gas prices in Europe rose more than 7% on Thursday amid the increasing concerns about gas supply and reports that Russia could cut the flow ahead of the winter season.
Yesterday, the Head of the International Energy Agency, Fatih Birol, told Financial Times that Russia's latest decision to...
Madrid-based energy conglomerate Repsol SA said on Thursday that it would profit €400 million on a consolidated basis after agreeing to exit Gas Natural SDG SA. Rioja Bidco Shareholdings SLU, owned by CVC Capital Partners Ltd.'s funds, signed a deal to pay nearly €3.82 billion for a stake of...
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