Thursday, May 15, 2025
Poland's PGNiG oil and gas business, a long-time foe of Russia's energy initiatives, will participate in the Nord Stream 2 gas pipeline certification process. The business makes no secret of its intention to postpone, if not stop, the project's debut. Meanwhile, gas prices in Europe remain at a record...
The EU countries and the UK start the heating season from October 1, and their gas storage facilities are only 72% full, while last year the figure was almost 100%, according to the Gas Infrastructure of Europe Association (GIE). Gas reserves in the EU before the coming winter have become...
Pipeline gas supplies to Europe "were at the level of historical highs, and their main increase fell on the share of the most important buyers," said Sergei Komlev, head of the contract structuring and pricing department at Gazprom Export, in an article for a corporate publication. According to preliminary data,...
The gas shortage in the EU could lead to an increase in oil prices to $100 per barrel in the first quarter of 2022 due to a cold winter, Bank of America Merrill Lynch predicted. The gas shortage in the markets is intensifying the rise in oil prices - today...
The German Federal Network Agency has granted the Polish company PGNiG the right to participate in the certification procedures for Nord Stream as an independent operator of the Nord Stream 2 gas pipeline. The Bundesnetzagentur approved the participation of PGNiG, as well as its German subsidiary PGNiG Supply & Trading...
The Russian Ministry of Finance does not plan to raise taxes for Gazprom in order to withdraw excess profits from record gas prices in Europe, the head of the ministry Anton Siluanov told reporters. Gazprom supplies gas under long-term contracts to the EU and the price in them is much...
Gazprom, the Russian gas giant, has declined an option to increase gas supplies to Europe, as the continent confronts an impending energy crisis due to rising natural gas prices. Gazprom did not book any of the extra capacity available in transit pipes running through Ukraine in October auctions, Moscow Times...
Inter RAO, the only Russian energy exporter, is ready to resume electricity supplies to Ukraine after October 1, Alexandra Panina, head of the Inter RAO trading block, told Russian media. Earlier, the Ministry of Energy of Ukraine announced that it did not plan to lift the ban on the import...
The Russian government decided to approve Rosneft's proposal and allow joint gas supplies to the EU with Gazprom, Russian media reported. Under the proposal, Rosneft would be ready to export 10 billion cubic meters of gas per year to the European union, per a joint agreement with Gazprom that would start from...
The next German administration will not be able to stop Nord Stream 2, but it may begin to renegotiate individual agreements with Russia on the gas pipeline, according to Urs Unkauf, a spokesman of the national association for economic development and foreign trade of Germany (BWA), in an interview...