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Germany exploring trilateral gas solidarity deal with Italy, Switzerland
Germany is exploring a trilateral solidarity agreement with Italy and Switzerland to provide mutual support in the event of an extreme gas shortage, the economy ministry said on Tuesday.
read more... 19/01/2023
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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
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
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