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Spain to ask EU for extension to Iberian gas price cap until end 2024

Spain will seek European Union permission to extend its temporary cap on reference prices for natural gas and coal used by power plants until at least the end of 2024, Energy Minister Teresa Ribera said on Monday.

read more... 10/01/2023

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Norway expects jump in oil output and gas near record highs

Norway's oil output is expected to rise by 6.9% this year as the huge Johan Sverdrup field ramps up production while gas volumes are predicted to remain unchanged near record highs, the Norwegian Petroleum Directorate (NPD) said on Monday.

read more... 10/01/2023

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Germany to almost double gas firing capacity

The German grid regulator and Green-led ministry of economy and climate action aim to construct up to 21 GW worth of additional gas power plants to guarantee a stable and reliable grid, according to internal documents.

read more... 06/01/2023

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Bulgaria, Greece launch oil pipeline, gas storage projects

Two documents on boosting energy cooperation between Bulgaria and Greece, involving a commitment to build a new pipeline at neck-breaking speed and gas storage deal, were approved by the Bulgarian interim government on Wednesday.

read more... 05/01/2023

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Bulgaria signs long-term gas deal with Turkey

Bulgaria's state gas company Bulgargaz on Tuesday signed a long-term deal with Turkish state gas firm Botas, giving it access to neighbouring Turkey's gas network and liquefied natural gas (LNG) terminals to help bring in supplies.

read more... 04/01/2023

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