Europe gas storage 70% full, surpassing 5-year average Filling EU tanks to targets costs 50-55 bln euros-analysts Europe raised LNG imports to compensate for reduced Russia flows Despite building up Continue Reading
The EU is weighing accelerating the development of manure-based fertilizers to limit reliance on Russian-made alternatives and the gas needed for domestic production. The Spanish and Dutch governments are “opening Continue Reading
France experienced its driest July on record as searing heat spread across Europe, putting strain in key crops. The average precipitation across the country was 8.1 millimeters (0.3 inches), making Continue Reading
The German government will have to amend its energy security law again in September as its gas levy cannot yet be imposed on all consumers, including those with fixed prices Continue Reading
Dust and mud is clogging the filters on a key pipeline sending natural gas from the UK to Europe, slowing down flows as the winter crunch time approaches. The operator Continue Reading
Fanning out like urban guerrillas through Paris’ darkened streets well after midnight, the anti-waste activists shinny up walls and drain pipes, reaching for switches to turn off the lights. Click. Continue Reading
A serious shortage of natural gas supplies could trigger “a chain reaction with unforeseeable consequences” for the German economy, said Commerzbank, one of the country’s biggest corporate lenders. The German Continue Reading
News that his ship would be allowed to leave the Ukrainian port of Odesa carrying grain was the “best feeling” of the year, a joyful crew member said on Monday, Continue Reading
Germans more often than not choose to be cremated when they die – which would be a problem if Russia turns off the gas. As Western sanctions heighten tensions between Continue Reading
Baker Hughes (BKR.O) said on Monday it signed a deal to sell its oilfield services (OFS) business in Russia to the local management team, months after stopping new investments in Continue Reading
