European natural gas prices started the new year declining as mild weather curbed demand.
Commodities trader Trafigura Group signed a $3 billion German government-backed loan for gas supply, as Berlin steps up efforts to secure natural resources following Russia’s invasion of Ukraine.
Germany will delay the start of a planned windfall tax for power producers, the Economy Ministry said.
As COP27 continues apace, the slew of demands for more – or less – hydrocarbon investments is mounting.
Kosmos Energy is taking steps to ramp up production by 50% by 2024 – and in the longer term scale up its West African gas projects.
German Chancellor Olaf Scholz has signed agreements on securing new energy supplies during a visit to United Arab Emirates President Sheikh Mohamed bin Zayed.
Germany will nationalise Uniper in a historic move to rescue the country’s largest gas importer and avert a collapse of the energy sector in Europe’s biggest economy this winter.
Germany has been on the hunt for new LNG supplies in order to stave off the near term crisis of stuttering Russian gas supplies. Chancellor Olaf Scholz’s visit to Canada did not come through on the LNG front, but he did seal an ambitious deal on hydrogen.
Europe faces the risk of blackouts, rationing and a severe recession if Russia further slashes gas deliveries, and the next reality check is at hand.
Senegal is positioning itself as an alternative source of gas for Europe as Russia cuts supplies of the fuel.
German Chancellor Olaf Scholz has inspected a mechanical turbine at the centre of a natural gas dispute and declared "there are no problems" with the part besides information from Russia's state-controlled gas company.
Germany is in negotiations with some of the world’s top liquefied natural gas suppliers, including energy giant Shell, to replace Russian fuel with alternative supplies.
German Chancellor Olaf Scholz attended the launch of a synthetic aeroplane fuel in South Africa today, with his local counterpart Cyril Ramaphosa.
Boris Johnson is set to meet the German Chancellor as they look to discuss how to help European countries wean themselves off Russian gas following the attack on Ukraine.
Tree Energy Solutions (TES) is accelerating its plans to develop a “green gas” import hub in the German port of Wilhelmshaven.