Ukraine

Natural Gas

German Jan-July Gas Import Costs Surge 164% As Imports Drop 25.5%

The July statistics from Germany's foreign trade office BAFA are the fifth to reflect the impact of the war in Ukraine, which began on Feb. 24, and Western sanc…

Natural Gas

Uniper Weighs Nationalisation Amid Energy Market Turmoil

German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.

Uniper Teeters Towards Nationalisation amid Energy Market Turmoil

Following in Wien Energie’s footsteps, German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequenc…

EU

European Commission – Demand Reduction and Taxes to Tackle Energy Costs

The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.

Natural Gas

France Has Filled Up Its Strategic Gas Reserves Ahead of Winter - Minister

France is well prepared to get through this winter despite the energy crisis stemming from the war in Ukraine as it has now filled its strategic gas reserves at…

LNG

Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip

Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russia…

Hydrogen Production

2022—the Year the Hydrogen Economy Launched?

The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D

Oil & Gas Supply

Europe’s Efforts to Shield Households From Soaring Energy Costs

Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…

Natural Gas

German Households Will Foot the Bill for New Gas Tax

A new natural gas tax designed to keep importers afloat amid an energy crisis prompted by the war in Ukraine is set to cost German families, who will have to fo…

Natural Gas

Russian Gas Flows to Europe Stable

Warning signs are pictured in front of the gas compressor station, a part of Polish section of the Yamal pipeline that links Russia with western Europe which is…

Nuclear Power Plant

Europe’s Largest Nuclear Power Station Is “Out of Control”, Says Un Nuclear Chief

IAEA’s Director-General said every principle of nuclear safety has been violated at the Zaporizhzhya Nuclear Power Plant.

Oil Price

South Africa Authorities to Cut Fuel Pump Prices From Wednesday

South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…

Ukraine

Eastbound Gas Flows via Yamal-Europe Pipeline Edge Higher

Eastbound gas flows via the Yamal-Europe pipeline to Poland from Germany edged higher, data from pipeline operator Gascade showed on Monday.

Natural Gas

Ukraine’s Largest Gas Company Secures €300M Loan

The funding will help the company secure gas stocks for the winter.

LNG

LNG Outage Exacerbates Supply Woes Amid Asian Restocking, Firm European Demand

If the tightening gas supply situation in the light of the Russia-Ukraine war was not enough to roil the LNG markets globally, the shutdown of the Freeport LNG …