The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a move Prime Minister Rishi Sunak says would create certainty for the industry during a transition to greener energy.
read more... 06/11/2023
Earlier this week, reports emerged that Chevron was negotiating LNG deliveries for the European Union, looking at contract terms of 15 years.
read more... 06/11/2023
Germany is better prepared for winter gas supply than last but in the worst-case scenario, it could cause storage facilities to hit a record low of 2% of capacity, network regulator BNA said on Thursday.
read more... 03/11/2023
Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.
read more... 31/10/2023
European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil during an emergency meeting of the bloc's oil coordination group, one told Reuters.
read more... 30/10/2023