gas cut

Markets

European gas prices soar after Russian gas flow via Ukraine stops

European natural gas futures climbed the highest since October 2023 after Russian gas flows to Europe via Ukraine stopped on New Year's Day.

2 January 2025

Economy

Gas prices jump as Gazprom says it is halting deliveries to Austria

Gazprom Export has announced that it will be halting gas supplies to Austria, following the latter's biggest state-owned fossil fuel company, OMV, winning an arbitral award against it.

15 November 2024

Earth News

Auditors warn of LNG dependency after Russian sources cut off

EU auditors are concerned with a new energy dependency and flagged decarbonisation challenges linked to the bloc’s gas usage as well as lack of transparency in cross-border infrastructure projects within the bloc.

24 June 2024