Tag Archives: Europe

Azerbaijan Boosts Gas Exports to Europe

Amid a slump in EU gas prices, the continent is rushing to diversify its natural gas imports. Oilprice.com wrote yesterday that Russian gas giant Gazprom has seen its 2022 revenue and market share in Europe collapse as a result of Western sanctions. While Russia is busy trying to re-route exports …

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Food Crisis Follows Energy Crisis in Europe

Last year, Europe was in the grips of a gas crunch that sent the price of electricity—and everything produced with its participation—soaring. Then the crisis eased, thanks in no small part to the unusually mild winter as well as to record high U.S. LNG imports. Now, food prices are soaring. …

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Gas in Europe Cheapest in Nearly Two Years

At the end of las week, gas prices on the European market dropped to their lowest level since June 2021. Last year’s upward chaos has been completely reversed, which may suggest that the continent is emerging from the energy crisis caused by the Russian invasion of Ukraine, according to Bloomberg. …

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