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EU leaders downplay chances of rapid Russian gas ban

EU leaders on Tuesday (31 May) played down the prospects of getting a ban on Russian gas in a next round of sanctions, after struggling to secure a watered-down embargo on Moscow’s key oil exports.

read more... 01/06/2022

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Poland could build second unit to receive LNG amid Czech, Slovak interest

Poland could build a second floating storage and regasification unit (FSRU) next to an already planned installation because the Czech Republic and Slovakia are interested in buying more liquefied natural gas (LNG), the Polish climate minister said.

read more... 31/05/2022

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Serbia's president says agrees to new 3-year gas deal with Russia

Serbian President Aleksandar Vucic said May 29 that a new three-year natural gas supply deal has been agreed with Russia, Serbia's Beta news agency reported.

read more... 30/05/2022

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UK to impose 25% 'windfall tax' on North Sea oil and gas, double investment relief

The UK is to impose a 25% 'windfall' levy on earnings from North Sea oil and gas production while doubling relief on investments in the sector in an "emergency" temporary measure to support the population in the face of surging energy and living costs, finance minister Rishi Sunak said May 26.

read more... 27/05/2022

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Global LNG markets sail into the unknown ahead of winter

Global liquefied natural gas (LNG) buyers and sellers are bracing for more uncertainty over Russian supplies and an unclear demand outlook from Europe and top importer China in the run-up to the peak winter season, industry executives said.

read more... 27/05/2022

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