Oil and Gas

Despite gas supply returning to 67 million cubic meters per day (MMcmd) through the Nord Stream 1 pipeline, prices and sentiments in the gas market remain clouded in uncertainty. Uncertainty...
  • July 24, 2022
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The EU expects Russia to shut off gas supplies to the EU at any moment, a dramatic escalation of hostilities that would hit the bloc's economy by up to 1.5% of GDP.
  • July 21, 2022
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The President of the German Federal Network Agency Bundesnetzagentur, Klaus Muller, has said that the gas storage facilities are filled at around 65%. Muller stressed that the situation is "better" than what it was in the previous weeks, but that it is "still not enough to get through" the winter season without having Russian gas.
  • July 20, 2022
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A Finnish government minister's visit to Berlin on Thursday did not yield a clearer timeline for a solution to the financial problems of German utility Uniper, Germany's economy ministry said on Friday.
  • July 20, 2022
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The European Commission has signed an MoU with Azerbaijan to double imports of Azeri natural gas to at least 20 billion cubic metres a year by 2027 through the Trans Adriatic Pipeline.
  • July 19, 2022
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A new strategic plan from Spain’s TSO Enagas anticipates €4.8 billion in investments to 2030, confirming nearly €2 billion earmarked for three new gas pipelines to Italy, France and Portugal, the firm announced recently.
  • July 18, 2022
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