Europe

Putin Says Russia Will Supply More Gas if Europe Asks

European gas prices have hit record levels this month, but the Kremlin has denied that Russia is withholding supplies to exert pressure for quick regulatory approval of the new Nord Stream 2 gas pipeline.

EU Seeking to Ensure Gas Supply to Ukraine, Commission Says

The European Union is looking at different ways to ensure Ukraine has a steady supply of natural gas this winter and is not exposed to any reduction in Russian output, the bloc's chief executive said on Tuesday.

Algeria Meeting European Gas Supply Commitments, Says Minister

Algeria's energy minister said on Tuesday the North African country was fulfilling its contractual obligations for supplying natural gas to Europe, the state news agency reported.

US Worried Energy Supply Not Meeting Demand, Top Biden Adviser Says

President Joe Biden's national security adviser urged energy suppliers to lift flows to meet demand, saying that the United States was concerned about their failure to do so.

Britain's National Grid Says it Can Meet Winter Gas Demand

Britain has enough gas supply capacity to meet demand this winter, grid operator National Grid said in its winter gas outlook on Thursday, while the electricity system operator warned of tight power supplies.

Russia Says Nord Stream 2 Clearance May Cool Gas Prices in Europe

Russian Deputy Prime Minister Alexander Novak said that certification of the Nord Stream 2 undersea gas pipeline, which expects clearance from a Germany's regulator, could cool soaring European gas prices.

Energy Price Surge Sends Shivers Through Markets as Europe Looks to Russia

Soaring energy prices caused alarm among European leaders and sent shivers through global markets on Wednesday, raising concerns of a winter fuel crisis that could play into the hands of gas-rich Russia.

Gazprom's Nord Stream 2 Can Challenge EU Rules, EU Court Adviser Says

Gazprom's Swiss unit can challenge an EU gas rule that requires gas producers to be separate companies from those that control the pipeline, an adviser to the EU's top court said on Wednesday.

EU Looking into Complaints that Russia Stoking Gas Price Surge

The European Commission is looking into complaints by some EU countries that Russia is using its position as a major supplier to propel the soaring price of gas in Europe, the bloc's energy policy chief said on Tuesday.

Germany Seeks Competition Assurances Over Nord Stream 2 Gas Link

Germany's energy regulator said the pipeline must show it would not break competition rules by limiting which suppliers used it and could face a fine if it started pumping Russian gas to Germany without securing approvals.

Hungary Receives Gas Shipments from Ukraine, Pipeline Operator Says

Russian gas producer Gazprom under a long-term supply deal with Budapest that took effect on Friday is set to supply Hungary with gas via Serbia and Austria instead of through Ukraine.

Bulgaria Hikes Natural Gas Price by 36.2% in October

Bulgaria's energy regulator approved a 36.2% increase of the wholesale natural gas price as of October following a request by Bulgargaz, the Balkan country's main gas provider and public supplier.

Ukraine Demands Sanctions on Russia's Gazprom After Kyiv Loses Gas Imports

Ukraine called on the United States and Germany to impose sanctions on Russia's Gazprom, which it accused of using energy as a weapon after the energy giant implemented a transit deal with Hungary.

European Gas Prices Hit All-Time Highs as Russian Flows Slump

European gas prices surged to all-time highs on Friday as Russia kept a tight lid on supply, signaling further price pressures on consumers heading into the winter season.

Poland Joins Calls for EU Action on Energy Price Spike

Poland has joined a growing group of countries seeking European Union action to curb surging gas and energy prices, as governments take steps to protect consumers from higher bills.

Explainer: Global Energy Shortage or a Coincidence of Regional Crises?

There is a broad-based rebound in energy demand from lows hit during the depths of the coronavirus pandemic that has raised prices for oil, gas and coal; ongoing supply restrictions by oil cartel OPEC; and global transport bottlenecks that have complicated fuel distribution.

Global News October 2021

EIA Expects U.S. Natural Gas Consumption to Decline Through 2022, Brazil Seeks Natural Gas Pipeline from Argentina’s Vaca Muerta and more.

Putin Says Turkey Safe from Gas Crisis Thanks to TurkStream Pipeline

Russian President Vladimir Putin told his Turkish counterpart Tayyip Erdogan that Turkey is shielded from a gas crisis, which has gripped Europe, thanks to the Russian-built TurkStream gas pipeline.

Lithuania Expects Polish Gas Link Construction Completion This Year

A pipeline designed to connect the gas grids of Lithuania, Estonia, Latvia and Finland to continental Europe will begin operating in the second half of 2022 after a delay of almost a year, the Lithuanian energy minister said.

EU Lawmakers Back Clampdown on Potent Greenhouse Gas Methane

The European Parliament's environment committee on Tuesday rallied behind EU plans to make companies and countries cut their methane emissions.

Hungary Accuses Ukraine of Meddling as Hungary Signs Russia Gas Pact

Russia, which used to ship natural gas primarily through Ukraine, has diversified export routes, constructing the undersea Nord Stream pipelines direct to Germany and the TurkStream link from Russia to Turkey.

Perspective: How Soon Could Carbon Capture Solve Industry CO₂ Shortages?

It may seem surprising that CO₂ – the greenhouse gas heating our world – also keeps certain essential industries functioning. How can there be a shortage of something we’re desperately trying to emit less of?

U.S. Senate Panel Sets Hearing on Russian Gas Pipeline Amid Ukraine Concerns

The U.S. Senate Foreign Relations Committee scheduled a closed-door hearing for Sept. 29 to discuss Russia's Nord Stream 2 natural gas pipeline, which several lawmakers say could harm allies in Eastern Europe.

Ukraine Says it Will Not Offer Extra Interruptible Gas Transit Capacity for October

Ukraine's gas pipeline operator will not offer additional interruptible transit capacity for Russian gas to Europe for October as supplier Gazprom has not booked any extra guaranteed capacity, the operator said on Thursday.

Soaring Gas Prices Ripple Through Heavy Industry, Supply Chains

Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.

Why a Crisis Over European Gas Prices Caused Panic About CO2 Supplies

Britain struck a deal with a major producer of fertilizer and carbon dioxide to restart two plants which had halted operations due to soaring prices for natural gas. The closures had led to fears that the production of a wide range of food and drinks could be shut down within days.

UK's Interconnector Announces 10-Day Planned Maintenance Shutdown

The operator of Interconnector gas pipeline between Britain and Belgium said on Monday it will start a planned maintenance shutdown for 10 days starting Nov. 16, 2021.

UK has Plans to Protect Consumers from Soaring Gas Prices – Business Minister

Britain has plans in place to protect the market and consumers from soaring global gas prices, business minister Kwasi Kwarteng said on Sunday following a meeting with the head of energy regulator Ofgem.

Norway to Raise Gas Exports to Europe as Prices Soar

Norway will allow state-controlled Equinor and its partners to increase gas exports from two offshore fields for the next 12 months amid concerns over a shortage of European gas supplies that have sent prices soaring.

Russia's Gazprom Says Europe Gas Prices Could Set New Records

Already high natural gas prices in Europe could scale new heights due to low gas storage levels, Alexei Miller, boss of Russian supplier Gazprom, said on Friday.