Tag Archives: Europe

Egypt Wants to Export Surplus Gas to Europe Through Greece

Egyptian Prime Minister Mostafa Madbouly said he wanted to work with the Greek government to export surplus natural gas to Europe. It is part of a wider push to boost cooperation across energy and electrical grid interconnection across the island of Crete, which lies midway between the North African country …

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Europe Gas Shortage Boosts Coal Comeback

Europe is so short of natural gas that the continent — usually seen as the poster child for the global fight against emissions — is turning to coal to meet electricity demand that is now back to pre-pandemic levels. Coal usage in the continent jumped 10% to 15% this year …

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Oil Demand Is Rebounding Fast in Europe

Traffic on Europe’s highways and in the biggest cities has been rising in recent weeks as economies reopen, suggesting a rebound in road transportation fuel demand. Traffic on highways in Spain and France, one of the largest car markets in Europe, is now only slightly off the pre-COVID levels from …

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US Becomes Main LNG Supplier to European Market in Q1 of 2021

The United States became the first largest supplier of liquefied natural gas (LNG) to the European market in the first quarter of 2021, overtaking Qatar, according to the latest report by Russia’s energy giant Gazprom published on Monday. “Thanks to a significant increase in associated gas production and the construction …

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