Latest news

Poland State Gas Distributor Says It Wins $1.5 Billion From Russia's Gazprom In Price Dispute

Poland’s largest distributor of natural gas has announced it won a years-long energy-supply price dispute with Russia’s state-run Gazprom worth $1.5 billion at an international arbitration court in Sweden.

read more... 31/03/2020


LNG suppliers flood market with excess spot cargoes as demand shrinks

Liquefied natural gas (LNG) suppliers are flooding the market with excess spot cargoes, generating fresh headwinds for prices, as demand dwindles globally because the coronavirus outbreak has disrupted industrial output and people’s movement.

read more... 30/03/2020


Russia Moves In On European Gas Markets As Oil Prices Crash

Russia sees a silver lining in the oil price collapse—it now believes that the oil price war will help it win the war for natural gas market share in Europe. Russia’s gas giant Gazprom, the single largest supplier of natural gas to Europe, has watched with apprehension the growing volumes of liquefied natural gas (LNG) from the United States that have arrived on European shores over the past two years.

read more... 24/03/2020


Norway’s February gas output up, sales down

Norway’s natural gas production increased slightly in February, roughly meeting the government’s forecast for the month, Kallanish Energy learns from the Norwegian Petroleum Directorate (NPD).

read more... 17/03/2020


Russia has potential to produce 160 mln T of LNG a year -Novatek CEO

Russia has the potential to produce 160 million tonnes of liquefied natural gas (LNG) a year, the chief executive of independent gas producer Novatek , Leonid Mikhelson, said on Wednesday.

read more... 16/03/2020