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Germany likely to miss gas storage target without additional measures
If reduced Russian gas flows through Nord Stream 1 pipeline to Germany remain at the current level, Germany might not hit its gas storage target by November.
read more... 09/08/2022
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EU plan to cut gas use by 15% set to come into effect
An EU plan to cut gas consumption across the bloc by 15 per cent to cope with an energy price crisis spurred by Russia’s war in Ukraine comes into effect on Tuesday (9 August).
read more... 09/08/2022
Equinor's UK Rosebank investment to reach $5.2 billion
Equinor's Rosebank oil and gas field in the British North Sea will require capital expenditure of about 4.3 billion pounds ($5.22 billion), Equinor's UK upstream chief Arne Guertner told Reuters on Friday.
read more... 08/08/2022
France agrees emergency gas market measures
The French parliament has agreed emergency gas market measures, including the building of a 50 TWh/year LNG terminal, to secure supply this winter.
read more... 05/08/2022
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European gas storage on track to meet target but at a cost
European countries are on track to reach a gas storage filling target by the start of this winter, but the cost of replenishing stocks will be over 50 billion euros ($51 billion), 10 times more than the historical average of filling up tanks for winter.
read more... 05/08/2022