Oil and Gas

Europe's gas prices have fallen below €100 per megawatt-hour for the first time since mid-June, as mild autumn weather tame demand and storage facilities reach near-total capacity.
  • October 2, 2022
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EU officials have indicated their intention to seek a price cap on Russian gas alongside other measures to curb negative fallout from Russia's war on Ukraine, despite criticism of such a move from inside the EU's Czech presidency and a Russian threat to halt supplies.
  • September 26, 2022
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Russia set out just how much its gas flows to the global market will fall in the next three years. The numbers underscore the scale of the challenge facing Europe’s energy consumers.
  • September 24, 2022
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Germany is pushing to secure liquefied natural gas contracts with Gulf producers to conserve energy, with Russian flows running at severely reduced levels as winter approaches.
  • September 22, 2022
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Because Finland and the greater Nordic electricity market is increasingly connected and tied into Europe's market, price fluctuations are felt across borders. The price of electricity will rise in Finland, especially before the commissioning of the nuclear reactor Olkiluoto 3 and wind turbines expected to be completed at the end of the year.
  • August 19, 2022
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France's National Assembly has approved measures to ensure security of gas supply which focus on the power sector, LNG and underground storage.
  • July 27, 2022
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