Tag Archives: Europe

Russia fulfills all of its obligations towards gas consumers in the European Union and it is impossible to increase gas transit before gas is sold under a contract, Kremlin spokesman Dmitry Peskov said on Wednesday. Peskov commented on the statement Amos Hochstein, US State Department’s Senior Advisor for Energy Security …

Russian gas giant Gazprom has turned down an option to maximize gas shipments to Europe as the continent faces a looming energy crisis amid surging natural gas prices. Gazprom did not book any of the additional capacity available in transit pipelines running through Ukraine in auctions for October, the state-run …

Europe is bracing for a tough winter as an energy crisis that’s been years in the making leaves the continent relying on the vagaries of the weather. Faced with surging gas and electricity prices, countries from the UK to Germany will need to count on mild temperatures to get through …

Europe’s power crisis was just a matter of time – and that time has come. Natural gas and electricity prices are setting record highs virtually every day, and businesses and households have gone from getting annoyed to being terrified as the bills land like hand grenades. The continent’s power system …

Russian Energy Ministry is reportedly preparing a report on the possibility of natural gas export via the new Nord Stream 2 pipeline by Rosneft to Europe. The report is due to be completed in the coming days, Russian news agency Interfax reported citing Russian Deputy Prime Minister Alexander Novak. Following …

Rising gas prices will force European countries to restrain their ambitions to phase out coal and fossil fuels, according to an expert on EU energy markets, Simonas Vileikis. “Underfilled storage facilities continue to push the price of gas higher. If the facilities are not refilled now, and the winter turns …

The price of gas in Europe approached $730 per 1,000 cubic meters on Monday, according to the ICE exchange. Thus, the price of the October futures on the TTF hub in the Netherlands on Monday reached $727 per 1,000 cubic meters, or 59.585 euro per MWh. At the end of …

ETIP Ocean has released results from the Gross Value Added (GVA) study stating that there is a significant benefit to be generated by supply chain activity servicing global (European and non-European) deployments of ocean energy to 2050. The GVA study, authored by the University of Edinburgh, presents results, analysis, and …

Particularly, the price of gas futures for October delivery at the TTF hub in the Netherlands reached almost $662 per 1,000 cubic meters MOSCOW, September 8. /TASS/. The gas price in Europe surpassed the $660 per 1,000 cubic meters mark during Wednesday trading, according to data provided by London’s ICE. …

European energy prices might be at record levels, but there is still room for prices to run, according to a Bloomberg analysis. Of course, natural gas prices are soaring everywhere—not just in Europe. The US benchmark price for natural gas has nearly doubled over the last year, with front-month Henry …