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Conditions for Groningen closure met

The Netherlands has met all four conditions set out in 2018 for closing the Groningen gas field, Dutch state secretary for mining Hans Vijlbrief said today.

read more... 01/02/2023

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Libya's oil ministry rejects key NOC-Eni gas deal

Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, saying the agreement violates the law and was done without its approval.

read more... 31/01/2023

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Italy's Eni signs $8 billion Libya gas deal as PM Meloni visits Tripoli

Italian energy company Eni and Libya's National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

read more... 30/01/2023

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EU gas price cap risks curbing market liquidity

The European Union's gas price cap, which launches next month, could impact financial stability and potentially curb liquidity in Europe's exchange-traded gas markets, the bloc's financial and energy market regulators said on Monday.

read more... 24/01/2023

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Netherlands sticks to plan to close Groningen gas field by October

The Netherlands remains convinced of the need to close production at Groningen, once one of Europe's largest gas fields, by October following earthquake risks which made it dangerous to keep operating, the Financial Times (FT) reported on Sunday citing a government official.

read more... 23/01/2023

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