#natural gas

Without readiness by European utilities to commit to long-term gas deals, it is difficult for big oil companies to invest in long-term projects. Last week at the COP27 Conference in ...

Energy companies, hit by soaring power and gas prices related to the war in Ukraine, can secure public guarantees exceeding 90% coverage from EU governments to cover margin call requirements under ...

The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc’...

Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply ...

Staunchly anti-nuclear Austria said on Friday it had followed through on a pledge to file a legal challenge to the European Union’s inclusion of natural gas and nuclear energy ...

By Andreas Charalambous and Omiros Pissarides For a prolonged period the prices of conventional energy (coal, oil and natural gas) were contained at low levels, mainly reflecting the view that ...

Italy will be able to get through the winter with existing gas storage and flow levels unless there are “catastrophic events”, the country’s energy minister said on Sunday. “We ...

Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas ...

Lebanon‘s parliament speaker said a draft, U.S.-brokered deal demarcating a disputed maritime border with Israel was “positive” but must be studied before a final reply is given, ...

It is time for Cyprus to move from words to action As we approach winter the global energy crisis is getting worse and worse. It has shifted from a situation ...

Upcoming European Commission proposals to tackle surging energy prices will aim to cap the price of gas Russia sends to Europe via pipelines, and offer support to electricity producers facing ...

German gas importer Uniper UN01.DE does not rule out Europe’s biggest economy will eventually consider gas rationing after Russia stopped flows via its main pipeline to the continent ...

A large natural gas deposit has been discovered by ENI/Total in block six of Cyprus’ EEZ, daily Alithia and state broadcaster Cybc reported on Friday, but the energy ministry ...

Germany is set to enact a planned levy on all gas consumers on Oct. 1 as it looks to help suppliers grappling with soaring gas import prices and will allow importers ...

The European Union is preparing a seventh package of sanctions against Moscow but it is already clear that it will not curb imports of Russian gas as too many member ...

President Vladimir Putin has raised the stakes in an economic war with the West by signing a decree to seize full control of the Sakhalin-2 gas and oil project in ...

Minister of Energy, Commerce and Industry Natasa Pilides on Wednesday said that Cyprus is in favour of exploiting regional gas reserves in a sensible, effective and legal way. “As we ...

By George Pirishis It seems that something has started to shift in Cyprus’ Exclusive Economic Zone (EEZ) in relation to the Aphrodite block. In last week’s meeting between the ...

ExxonMobil and Qatar Petroleum, consortium partners in Block 10 of Cyprus’ Exclusive Economic Zone have found “high-quality natural gas” in the ‘Glaucus-2’ appraisal well, the energy ministry said Monday. In a ...

By Shashi Kant Yadav The European Commission has decided that power plants burning natural gas can be considered generators of green energy. This means they can count as sustainable investments ...

The United States and the European Union pledged on Monday to work to ensure gas supplies can respond to disruptions in pipeline gas flows, as tensions rise over the massing ...

The government said Monday it will use any safeguards afforded to it in the contract governing the LNG import terminal, sounding an upbeat note that any differences with the contractor ...

The EU’s executive on Monday rejected suggestions it waited until New Year’s Eve to publish divisive proposals to allow some natural gas and nuclear energy projects to be ...

After COP26, this year set to mark first time in history that renewable power will be the largest area of energy investment By Charles Ellinas The COP26 climate summit in ...