Crude oil prices retreated on Thursday in the absence of confirmation on banning Russian oil by the European Union. News that exports from Kazakhstan's Caspian Pipeline Consortium (CPC) terminal may partially resume added further pressure. Hence, Brent crude decreased by 2.1%, to settle at $119.03 a barrel. U.S. West Texas Intermediate (WTI) crude lost 2.3%, to settle at $112.34.
read more... 25/03/2022
The German state bank KfW and the Dutch utility Gasunie have signed a memorandum of understanding (MoU) on the construction of the first LNG terminal in Brunsbüttel, Germany.
read more... 07/03/2022
A natural gas pipeline called GIPL linking Poland and Lithuania will open on May 1, earlier than the scheduled mid-2022 start, linking the Polish grid with a route to a liquefied natural gas (LNG) terminal in Lithuania.
read more... 01/03/2022
The company in charge of building the Greece-Bulgaria gas interconnector hailed on Tuesday (1 February) the final investment decision on developing a liquefied natural gas (LNG) terminal off the Greek city of Alexandroupolis as a major chance for increasing the capacity of the gas link between the two Balkan countries.
read more... 03/02/2022
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch.
read more... 20/08/2021