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natural gas

European gas prices extend decline as LNG imports swell to record

European natural gas extended its decline, trading at a fresh 21-month low amid record LNG imports and rising stockpiles, according to Bloomberg. Benchmark futures dropped...

Environment groups sue EU over green label for gas, nuclear

Environmental groups have started legal action against the European Union’s executive branch in a bid to block a move to include natural gas and...

Hungary looks to SEE for Azeri gas supply

Hungary is joining forces with Bulgaria, Romania, Greece and Turkey to explore the technical opportunities for receiving natural gas from Azerbaijan via Southeast Europe's...

OMV Petrom, Transgaz sign 276 mln euro natural gas delivery deal

Romanian oil and gas company OMV Petrom said that it signed a contract worth approximately 276 million euro for the delivery of natural gas...

Romania signs new gas delivery contract with Azerbaijan

Romanian state-owned company Romgaz and Azeri oil and gas company Socar will sign a new contract for the delivery of natural gas on Friday,...

Portugal, Spain to formally request extension of gas price cap

Portugal and Spain will formally ask the European Commission on Wednesday to extend the temporary Iberian cap on prices for natural gas and coal...

Bulgaria in talks with Turkey on long-term gas deal

Bulgaria's interim energy minister is in Istanbul on Friday for talks he hopes will lead to a deal this month on long-term access to...

Explosion rips through gas pipeline in Russia

An explosion on a section of a Europe-bound natural gas pipeline in western Russia killed three people on Tuesday but didn’t affect export supplies,...

EU agrees to tap carbon market for €20 billion in energy pivot

European Union policymakers agreed to raise €20 billion from the region’s carbon market to help finance the bloc’s strategy to wean itself off Russian...

European gas advances as winter freeze boosts demand

European natural gas prices rose as plummeting temperatures across the region boost demand and test fragile energy systems, according to Bloomberg. Benchmark futures increased as...
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