Latest news
Europe may not need additional LNG terminals
Europe may find itself with excess LNG capacity following a flurry of newbuild import terminals and project announcements in the wake of Russia’s invasion of Ukraine, amid declining demand, according to analysts.
read more... 01/11/2023
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Bulgaria has ‘carte blanche’ on using Russian gas tax cash
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
Europe's wind power goal hits new snag: security
As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.
read more... 27/10/2023
EU on track to quit Russian fossil fuels
The European Union is on track towards its goal of ending Europe's reliance on Russian fossil fuels within this decade, the European Commission said on Tuesday.
read more... 25/10/2023
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EU to end winter with enough gas even without Russia
The EU is on track to end winter with sufficient gas, even if Russia halts supplies, although such a scenario – combined with cold weather – would erode stocks to around 20% of capacity, said think tank Bruegel.
read more... 12/10/2023