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EU lawmaker alliance calls for ban on all Russian energy, including gas

A broad coalition of members of the European Parliament has written to the leaders of EU institutions urging them to ban all Russian energy from Europe, including pipeline gas and LNG.

read more... 04/03/2024

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Lithuania to push Russian LNG ban to EU ministers on Monday

Lithuania will call for urgent legal actions to stop Russian LNG imports to the EU at an energy ministers' council meeting on Monday, a senior EU diplomatic source said on Thursday.

read more... 01/03/2024

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First LNG vessel arrives at new German Mukran terminal

The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.

read more... 26/02/2024

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European LNG consumption to peak in 2025

LNG demand in the EU, the UK, Turkey and Norway will peak in 2025 at 169bcm and drop to 133bcm by 2030, the Institute of Energy Economics and Financial Analysis (IEEFA) said on Wednesday.

read more... 22/02/2024

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Daily (31.01.2024): Gas prices gained ground on Tuesday as outage at Freeport LNG raised supply concerns

Oil prices ended mixed on Tuesday as concerns over global oil demand offset ongoing supply concerns due to Middle East tensions. Consequently, Brent crude rose by about 0.6% to settle at $82.87, while WTI crude retreated by about 0.5% to close at $77.82 per barrel.

read more... 31/01/2024

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