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Natural Gas
Oil & Gas
Europe’s Gas Use Down in September as High Prices Hit Industry
Europe slashed its gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were
Policy & Regulation
Italy’s Windfall Tax on Energy Companies Needs to Be Rewritten - PM
Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices, Prime Minister Giorgia Meloni told parliament o
Oil & Gas
World Bank: Energy Prices Set to Decline in 2023 After Sharp Rise in 2022
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following the war in Ukraine.
Oil & Gas
EU Edges Towards Gas Price Cap With More Emergency Talks
European Union energy ministers will hold another emergency meeting in November to try to make progress on a bloc-wide gas price cap, after talks on Tuesday lef
Oil & Gas
EU Countries Look to Map Out Path to Gas Price Cap
European Union energy ministers will discuss a bloc-wide gas price cap on Tuesday, attempting to navigate their next steps although it is likely to be weeks bef
Oil & Gas
Factbox: How Is Germany Replacing Russian Gas?
Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows fro
Oil & Gas
Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices
60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, and the Iberian Peninsula, according to MarineTraffic.
Oil & Gas
Floene – Largest Gas Distribution Operator in Portugal
Portugal’s largest gas distribution network Galp Gás Natural Distribuição has been renamed Floene.
Policy & Regulation
Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward
German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co
Oil & Gas
CEZ Seeks Higher Capacity at Dutch LNG Terminal, Wants Damages From Gazprom
Czech power utility CEZ is in talks to raise the capacity it has booked at a new Dutch liquefied natural gas (LNG) terminal.
Oil & Gas
Uniper Shuts Down 50% Of Headquarters to Save Gas
German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas.
Energy Economy
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende
Energy Economy
German Government May Have to Inject Another $39 Billion in Energy Giant Uniper
The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper.
Oil & Gas
Hungary Will Not Agree to EU Gas Price Cap, Will Need Exemption
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding tha
Oil & Gas
EU Leaders to Keep Studying Gas Price Caps
European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early ho
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