Bulgaria holds LNG tenders in the absence of progress in talks with Gazprom
The gas distribution company Bulgargaz will launch three tenders for liquefied natural gas on Tuesday, with the idea of avoiding…
Hungary to invest 16 bln. euro until 2030 to reduce dependence on gas imports
Hungary plans to invest 16 billion euro by 2030 to increase electricity production and storage capacity to reduce its dependence…
Hungary benefits from Russian gas without interruption
Russian gas deliveries to Hungary take place without interruption and there will be no supply problem in the cold season…
Hungary increases dependence on Russian gas through new contract with Gazprom
The Hungarian government signed an agreement with Gazprom to increase the volume of gas delivered by the Russian state company,…
Gazprom reports a record net profit of around 42 bln. USD in H1
Gazprom recorded a record net profit of 2.5 trillion rubles (USD 41.75 billion) in the first half of 2022, and…
Reference prices for natural gas in Europe are rising, after the halt of deliveries via Nord Stream
Reference prices for natural gas in Europe rose on Wednesday, after Gazprom stopped gas deliveries to Germany through the Nord…
ENGIE Romania: We secured the necessary volumes for clients in the portfolio
Against the backdrop of the reduction in gas supplies from Gazprom, ENGIE makes certain clarifications, including regarding the supply of…
Energy prices are falling in Europe, awaiting the intervention of the European Commission
Energy prices in Europe fell on Tuesday, following signs that the region is stepping up efforts to ease a crisis…
Gazprom suspends gas deliveries via Nord Stream between August 31 and September 3
Gazprom will stop gas supplies to Germany via the Nord Stream 1 gas pipeline between August 31, 01:00 GMT and…
Nicolescu: The scheme needs to be urgently recalibrated and resized, the state can’t support it
The electricity market in Romania is not functional, with an outdated market design, with an accidental market (PZU, DAM) becoming…
Hungary wants to increase gas supplies from Gazprom
Hungary will continue talks with Russia on increasing gas supplies and expects to reach an agreement with Gazprom on increasing…
A Japanese company will continue to import gas from the Sakhalin field
The largest energy generation company in Japan, Jera, signed an agreement with the new operator of the Russian field Sakhalin-2,…
Bulgaria will seek gas from Azerbaijan, Turkey or Russia
Bulgaria negotiates with companies from Azerbaijan, Turkey, Russia, in this order, to ensure the necessary quantities of natural gas for…
Gazprom warns that European gas prices could rise by 60% this winter
Gazprom announced on Tuesday that European gas prices could rise by 60% this winter, to more than $4,000 per 1,000…
Gasoline down .58 lei from June, diesel by .56
Fuel prices charged by the large gas station chains decreased compared to the end of June by 58 bani/liter (0.58…
PSD supports the temporary regulation of energy prices
Rising gas prices are rekindling talk of at least a temporary return to regulated rates. The Minister of Public Finance…
Russia cut gas flow to Germany to 20%, prices are rising again
Gazprom reduced the supply of gas to Germany to a fifth of the capacity of the Nord Stream gas pipeline…
IMF: Ending Russian gas supplies would cause a severe recession in Europe
The cessation of Russian gas supplies would cause a severe recession in Eastern Europe and Italy, if countries around the…
Gazprom cut gas supplies to OMV by 70%
The Austrian energy group OMV announced on Monday that it receives from the Russian group Gazprom a quantity of natural…
Germany will introduce a new tax on gas bills of all consumers
The German government wants to introduce a new tax on gas bills for all consumers, in order to help gas…
RWE halts early retirements as Germany ramps up coal use to replace Russian gas
RWE, Germany’s largest energy company, has halted early retirement of employees in reaction to the government’s decision to increase the…
Catherine MacGregor: Engie will pay in euro for Russian gas
Engie will pay Gazprom in euro for Russian gas, CEO Catherine MacGregor announced on Tuesday, Reuters reports. “We’ll pay in…
Gazprom will no longer use Yamal-Europe for gas transit via Poland
Russia’s Gazprom Group said it will no longer be able to export natural gas through Poland via the Yamal-Europe pipeline,…