A gas pipeline connecting the Baltic states and Finland to the EU's single gas network became operational on Thursday, the Lithuanian Ministry of Energy has announced.
read more... 10/05/2022
As Russia’s war continues, the German government has been frantically looking for alternatives to Russian pipeline gas and mobile floating tankers repurposed to process LNG from around the world have become the government’s solution.
read more... 06/05/2022
Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it's where the European Union is redrawing the region's energy map to ease its heavy reliance on Russian natural gas.
read more... 02/05/2022
The war in Ukraine has focused attention on liquefied gas (LNG) to replace Russian supplies coming via pipeline. Germany, France and Italy are all planning to rent or acquire special floating terminals in order to increase import capacity.
read more... 31/03/2022
Crude oil prices retreated on Thursday in the absence of confirmation on banning Russian oil by the European Union. News that exports from Kazakhstan's Caspian Pipeline Consortium (CPC) terminal may partially resume added further pressure. Hence, Brent crude decreased by 2.1%, to settle at $119.03 a barrel. U.S. West Texas Intermediate (WTI) crude lost 2.3%, to settle at $112.34.
read more... 25/03/2022