Natural gas

Europe News

Poland discovers one of Europe's largest oil deposits in a decade

The Wolin East 1 well is estimated to hold 22 million tonnes of crude oil and 5 billion cubic metres of natural gas, with the broader concession potentially containing even more.

21/07/2025

Business

New gas discovery off Cyprus coast may reduce EU energy dependence

ExxonMobil and its partner, Qatar Energy, have discovered a new natural gas deposit off the coast of Cyprus, a find that bolsters the region's potential as an energy exporter.

08/07/2025

Economy

Energy bills across Europe: What share of the cost is made up of tax?

European countries apply different tax policies to consumer energy prices. This leads to significant differences in the share of energy taxes and VAT in electricity and gas bills.

24/05/2025

Europeans' Stories

Climate killer methane: On the hunt for natural gas leaks with Theo

I'm travelling in Croatia, looking for leaks in the natural gas network from which methane is escaping, one of the most dangerous climate killers of all. The European Union wants to reduce emissions.

21/05/2025

Green News

What is stalling Europe's transition to renewable electricity?

Over 1,700 gigawatts of renewable energy projects across 16 countries are stuck in the queue to be connected to the electricity grid.

13/05/2025

Climate

Europe cuts methane emissions from coal mines for the first time

Most of the methane emissions from fossil fuels used in Europe are tied to imports, the report also finds.

08/05/2025

Business

BP sees major downturn as gas trading and refining divisions lag

BP's CEO has reassured investors that BP will be watching market volatility and will be focusing on strengthening its balance sheet to improve shareholder value in the long-run.

29/04/2025

Green News

‘Doublespeak’: Greece greenlights offshore drilling beside marine park

Environmental lawyers say that the new concessions threaten endangered species in the biodiversity-rich Hellenic Trench.

14/03/2025

Eco-Innovation

Could cleaner stoves replace ‘leaky’ gas stoves in our kitchens?

Simple plug-in electric stoves could be a cleaner and more climate-friendly cooking solution.

03/03/2025

Europe News

Is Trump elbowing the EU aside as he grabs Ukraine’s mineral wealth?

Kyiv signed a raw materials deal with the EU just months before Russia invaded three years ago – but now the US is making access to the same mineral resources a condition for continued support to the battle-weary nation.

28/02/2025

Europe in Motion

How are EU gas reserves holding up?

Despite reassurance from the European Commission regarding gas supply security, EU stockpiles hold 16% of gas less as compared to the beginning of 2023. Only Portugal has a gas storage volume exceeding 100%.

15/01/2025

Economy

Energy price surge risks pushing EU economy into stagflation

Natural gas and crude oil prices have surged recently amid rising demands and the US's wider sanctions on Russia. Elevated energy prices could jeopardise the eurozone's inflation outlook and push the regional economy into stagflation.

14/01/2025

Europe News

Commission insists EU faces no gas squeeze as winter bites

A week after Russian gas stopped flowing through Ukraine, the European Commission maintains there is no threat to security of supply despite data showing a steep drop in reserves as temperatures fall across much of the bloc.

07/01/2025

Europe News

Putin open to accepting Slovakia as 'neutral site' for Ukraine talks

The Russian president's comments follow Slovak Prime Minister Robert Fico's controversial Moscow visit, seen as a challenge to EU unity against Russia's invasion of Ukraine.

27/12/2024

Business

Trump threatens trade tariffs unless Europe buys more US oil and gas

US president-elect keeps the prospect of a transatlantic trade war in the air, exactly a month before he is due to walk back into the White House.

20/12/2024

Markets

Natural gas prices at highest for two years on cold weather concerns

Natural gas prices rose to a near two-year high amid concerns of a cold-blast winter in the northern hemisphere. Signs of a US lower supply, as indicated by EIA data, further fuelled the price surge.

20/12/2024

Nature

Italy’s UNESCO-designated Po Delta saved from offshore gas drilling

Offshoring drilling threatened to submerge parts of the delta, which is already bracing against a barrage of problematic, climate change-induced conditions.

02/12/2024

Markets

Winter is coming: Volatile energy prices set to return in Europe

Rising natural gas prices and increasing uncertainty are set to dominate Europe's energy outlook for the coming winter.

23/11/2024

Economy

Why have European natural gas prices soared to over 1-year highs?

European natural gas prices hit €46/MWh in November, spiking 16% on the month due to a cold snap, reduced wind output, and Russia-Ukraine tensions. LNG supply delays and high heating demand intensify risks, with analysts raising 2025 TTF forecasts amid tightening markets.

22/11/2024

Business

UAE opens summit as energy industry weathers Middle East concerns

The United Arab Emirates (UAE) as a whole is planning to increase its production capacity of oil to 5 million barrels a day in the coming years.

04/11/2024