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Bulgaria begins work on Serbia gas link, sees operations by year-end

Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighbouring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe.

read more... 02/02/2023

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Greece cuts back energy bill subsidies citing fall in gas prices

Greece has reduced the subsidies extended to consumers grappling with high energy costs to 95 million euros ($102.9 million) in February from 840 million euros in January, the energy minister said on Tuesday, citing a fall in gas prices.

read more... 01/02/2023

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Conditions for Groningen closure met

The Netherlands has met all four conditions set out in 2018 for closing the Groningen gas field, Dutch state secretary for mining Hans Vijlbrief said today.

read more... 01/02/2023

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Daily (01.02.2023): British near-term gas prices turned bullish on Tuesday amid returning cold spell

Oil prices had a mixed trend on Tuesday amid the possibility of additional interest rate increase. Consequently, Brent crude slipped by 0.4% to 84.49 a barrel, while WTI oil rose by 1.2% to $78.87 a barrel amid higher U.S. demand, weaker dollar.

read more... 01/02/2023

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Libya's oil ministry rejects key NOC-Eni gas deal

Libya's oil ministry has rejected the $8bn offshore gas projects deal signed between the country's state-owned NOC and Italy's Eni on 28 January, saying the agreement violates the law and was done without its approval.

read more... 31/01/2023

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