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Portugal, Spain to formally request extension of gas price cap on Wednesday

Portugal and Spain will formally ask the European Commission on Wednesday to extend the temporary Iberian cap on prices for natural gas and coal used by power plants, the Portuguese Environment Minister Duarte Cordeiro said on Tuesday.

read more... 18/01/2023

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Lack of data thwarts EU's first attempt to launch LNG price assessment

European Union energy regulators have been unable to launch a planned liquefied natural gas (LNG) price assessment because they have not receive enough data from market participants.

read more... 17/01/2023

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Germany in talks with Iraq over possible gas imports

Germany is in talks with Iraq over the possibility of importing natural gas from the oil-rich country, Chancellor Olaf Scholz said on Friday, as Berlin scrambles to diversify its energy sources to replace a drop in Russian fossil fuel shipments.

read more... 17/01/2023

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Eni, Chevron announce new gas discovery in Egyptian East Med field

Italian energy group Eni and U.S. energy major Chevron said on Sunday they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.

read more... 16/01/2023

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French gas operator GRTgaz seeks interest in building hydrogen pipeline

French gas transmission system operator GRTgaz on Thursday opened a Call for Interest, or invitation to participate, to determine the viability of building a hydrogen transport pipeline linking the French side of the Franco-Spanish pipeline BarMar with a local storage facility.

read more... 13/01/2023

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