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While the European Union (EU) member countries agreed on the common gas purchase, they could not reach an agreement on the ceiling price for natural gas. The energy ministers of the EU member states met in Prague, hosted by the Czech Republic, the term... 
Switzerland could prevent an energy shortage by aligning with a European Union plan to cut gas use by 15% this winter, Energy Minister Simonetta Sommaruga told newspaper SonntagsBlick. European Union countries formally adopted the bloc’s emergency... 
In a statement to Reuters, it was stated that Algeria will supply 4 billion cubic meters (bcm) of gas to Italy this year, in addition to the 21 billion cubic meters planned earlier this year. The source said that state oil producer Sonatrach plans to... 
Europe needs to ramp up efforts to cut its dependency from Russian fossil fuel imports in the face of the latest crisis, German Chancellor Olaf Scholz said in Brussels on Friday. “All together, we are very, very well prepared for the difficult challenge... 
The European Union and Norway agreed on Thursday to cooperate to bring more gas from western Europe’s biggest producer to the EU’s 27 countries, nearly half of which are now grappling with cuts to Russian gas supplies. Nearly half of these... 
Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday. While Eurostat says renewables... 
Germany will significantly increase its use of coal to protect its energy resources before the winter months come, and Russia’s reduction in gas exports threatens the deficits in Europe’s largest economy. The German government has stated... 
Spanish power plants bought more natural gas to generate electricity on Wednesday than on any other day since records began, transmission system operator Enagas (ENAG.MC) said on Thursday. While the extreme summer heat increases the demand for electric... 
Manufacturing, electricity, and oil and gas organizations around the world are experiencing a digital transformation that is leading to increasingly interconnected IT and OT environments. Some organizations are looking to leverage new technology, such... 
Iran’s oil minister has agreed to revive a long-stalled project to lay an undersea pipeline to carry gas to Oman, the Iranian state news agency IRNA reported on Saturday. Iran has one of the world’s largest gas reserves, followed by Oman... 
The European Commission plans to unveil a 195 billion euro plan to stop importing Russian fossil fuels by 2027, combining a faster rollout of renewable energy and energy savings with a switch to alternative gas supplies, draft documents show. The draft... 
Germany wants to build four instead of three floating storage and regasification units (FSRUs) as it strives to replace Russian gas with liquefied natural gas (LNG) that can be sourced from many countries, the economy ministry said on Sunday. Chancellor... 
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