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Europe News

Europe faces race to refill gas storage as LNG cargoes flow to Asia

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Europe News

'Shameless': Greece and LNG remain roadblock in new Russia sanctions

Greece has thrown a spanner into the works of fresh EU sanctions by demanding an exemption to a full ban on Russian LNG. Member states are aghast at the request, with one diplomat calling it "shameless".

Europe News

EU faces tougher gas storage refill task as winter looms

EU gas storage was only 28 percent full at the start of the summer injection season, but energy regulators are confident in the system's resilience thanks to regasification capacity.

Europe News

Russian gas imports rise despite EU phase-out

Russian liquefied natural gas continues to arrive mainly through Spain, France, Belgium and the Netherlands, while pipeline deliveries remain concentrated in Hungary, Slovakia and Greece.

Qatar

Qatar 'cautiously optimistic' on US-Iran deal before Friday's signing

Qatar said the framework agreement to be signed on Friday was a first step rather than a final settlement, adding that it would take time to return to "business as usual" even once the Strait of Hormuz reopens. Trump separately praised Qatar's mediating role and its "great bravery".

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Earth News

EU fossil fuel imports 1.2% down since Iran war started - study

While the EU has responded to the latest fossil fuel crisis by limiting fossil fuel imports, a trio of states have “deepened their exposure by increasing them".

Business

Germany turns to Canadian LNG as Iran war fuels energy fears

Canada has reached an agreement to export liquefied natural gas to Germany from a planned Pacific coast terminal, an official familiar with the matter said on Tuesday.

Economy

Two-thirds of Europe's LNG imports to come from the US this year

Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Europe News

Croatia deepens US gas ties with Balkan pipeline push

US-backed pipeline and LNG expansion promise energy security but raise concerns over long-term fossil fuel dependence, environmental risks and tensions with EU climate and market rules.

Business

Qatar expands North Field project as LNG output faces disruption

Qatar is moving ahead with its North Field gas expansion after awarding a key contract, even as regional tensions continue to disrupt LNG output and exports.

Business

QatarEnergy launches first LNG exports from its $10bn US project

QatarEnergy has launched the first LNG exports from its Golden Pass project in Texas, deepening its presence in the US and strengthening its position in global gas markets.

Economy

Why Europe’s energy prices could stay high even if the Iran war ends

Energy prices in Europe could stay high for a while, even though the region doesn’t rely heavily on the Strait of Hormuz. Here’s what’s behind it.

Economy

France sends first Western European ship through Hormuz

A vessel owned by France’s CMA CGM has become the first ship tied to Western Europe to cross the Strait of Hormuz since the outbreak of the Iran war in late February, according to ship tracking data.

Economy

Germany's first Omani LNG shipments arrive despite Gulf disruptions

Germany's first Omani LNG deliveries are arriving on schedule — but analysis of the country's supply chain suggests Berlin's exposure to the Middle East crisis runs deeper than officials admit.

Europe News

Europe’s gas prices on the brink as Qatari LNG flows stall

Energy analysts predict a drastic surge in natural gas prices if Qatari LNG imports to the EU remain halted for another three months. If the Iran war drags on for another six months, Europe could face conditions similar to the 2022 energy crisis.

Europe News

LNG tide turns to Asia leaving Europe short on supply

Europe is losing LNG shipments to Asia as the war in the Middle East impacting Qatari facilities pushes prices higher. Italy and Belgium scramble for alternative supplies in mega competitive market.

Business

Five European nations and Japan to 'contribute' to Hormuz security

The conflict around the Strait of Hormuz is starting to draw in global powers, as disruptions to shipping and energy flows raise concerns about wider economic fallout.

LNG