Natural gas

Albania may be sitting on huge oil, gas reserves, PM reveals

Albania may be about to announce the findings of exploratory fossil fuel drillings of such a magnitude that they will…

2 years ago

While Slovakia cuts Russian gas, Serbia agrees ‘extremely favourable’ deal with Putin

As Europe attempts a highly complicated manoeuvre to phase out Russian energy, two countries in Central and Eastern Europe (CEE)…

2 years ago

OMV to transfer euros to Russia for payments to Gazprom

Austrian energy group OMV announced on Friday that it was opening an account with Russian Gazprombank for ruble conversion. The development…

2 years ago

Croatia plans for worst case energy scenario

Croatia is currently boosting its own gas security in preparation for next winter, Energy Minister Davor Filipovic announced. By 1…

2 years ago

Poland opens new GIPL pipeline, bringing Baltic states into EU gas transit network

Poland began operating a new pipeline that transits gas from Lithuania on Sunday, 1 May. The launch was particularly timely,…

2 years ago

Deutsche Bank CEO opposes Germany decoupling from Russian energy

Deutsche Bank CEO Christian Sewin said on Monday that a significant recession in Germany would be "almost inevitable” if imports…

2 years ago

Russian troops regrouping, not withdrawing, says NATO chief

NATO’s Secretary-General Jens Stoltenberg said on Thursday that intelligence showed Russian forces in Ukraine were not withdrawing, but appeared to…

2 years ago

Warsaw gets serious about eliminating Russian energy imports

Poland adopted draft legislation on Wednesday to prohibit coal imports from Russia. In its efforts to move away from all…

2 years ago

America and EU start plan to reduce Russian energy imports to Europe with more US LNG

The United States agreed a deal on Friday with the European Union to provide the bloc with an additional 15…

2 years ago

EU looks to abandon Russian fuel sources due to “tectonic shift in European history”

Calling Russia's invasion of Ukraine "a tectonic shift in European history", the European Union is working out how to wean…

2 years ago