LNG | Euronews

English

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.

Europe News

EU agrees new sanctions on Russia, targeting LNG for the first time

Belgium, France and Spain are the main entry points for Russian LNG.

Markets

Natural gas prices surge as artificial intelligence boom raises demand

Natural gas prices have surged over the past three months because of optimistic demand driven by a boom in AI consumption and its crucial role in the renewable energy transition.

Europe News

EU countries kick off talks to ban re-exports of Russian LNG

European Union countries kicked off on Wednesday negotiations on the next round of sanctions against Russia, which for the first time targets LNG.

ADVERTISEMENT

Economy

No longer hot air? Will the EU finally sanction Russia's LNG sector?

Such a move could lead to a crack down on the re-export of Russian LNG from EU countries, but is unlikely to address EU imports of it. That could remain a sore point.

Markets

Turkey looks towards ExxonMobile for multibillion-dollar LNG deal

As Turkey's relations with the US become easier, Ankara is looking at a change of direction from Moscow for its gas supplies.

Earth News

Watchdog urges caution on reducing Russian LNG imports to the bloc

Drop in domestic production and long-term contracts highlight the importance of keeping Russian gas, EU energy agency warns.

Business

TotalEnergies return to Africa would rock CSDDD, claim NGOs

French fossil fuel giant is under scrutiny for its operations in a region dominated by conflict and violence.

Europe News

Ministers agree to extend gas saving policy through 2024

With no end in sight to president Putin’s war on Ukraine, European energy ministers have agreed to extend for a second year voluntary measures to keep natural gas demand across the EU to at least 15% below pre-invasion levels, and discussed ways to end lingering dependence on Russian gas.

Earth News

New joint gas tender sees threefold oversubscription

EU mechanism to match buyers and suppliers introduced to counter crisis sees heavy supply side interest.

Markets

TotalEnergies shares slide as company reports fall in earnings

Shares in France's TotalEnergies declined on Wednesday morning after the company reported a 31% drop in fourth-quarter (Q4) earnings.

Economy

Euroviews. This is what US President Biden's LNG freeze might mean for Europe

Europe's reliance on Russian gas was challenged in the aftermath of Moscow's full-scale invasion of Ukraine. Afterwards, the continent turned to the US as it became the largest supplier of LNG, Osama Rizvi writes.

Economy

What's in store for LNG and Europe in 2024?

The story of liquified natural gas (LNG) — natural gas cooled down to liquid form for ease and safety of non-pressurised storage or transport — is getting interesting as it increases its share in the global primary energy mix, Osama Rizvi writes.

Travel News

Can the world’s biggest cruise ship really be sustainable?

Five times larger than the Titanic with room to spare, the Icon of the Seas can carry 7,600 passengers.

Earth News

US gas imports set to spike amid Russia sanctions, new facilities

Former Energy Commissioner touts growing US role as energy supplier to EU

Markets

How could Iranian drones potentially threaten European oil?

Iran has recently equipped its Revolutionary Guard’s navy with drones to increase surveillance in the Strait of Hormuz as the country continues to export drones to Russia.

Markets

The EU may be competing with China for gas this winter

Experts are predicting a mild upcoming winter in Europe, but EU states could still face shortages of liquified gas if competitor demand rises.

Ukraine

Euroviews. French energy companies have betrayed Macron’s Ukraine pledge

If democracy and sustainability are about to prevail in Europe, then governments should rein over the companies who rush for quick profit at the expense of us all, Andrii Zhupanyn writes.

World News

Euroviews. If you’re saying no to war, you have to say no to oil

Fossil fuels fund war. That might be a sentiment you’ve seen or heard before, plastered onto placards or shouted by activists. But what does it really mean, Lucy Hall writes.

Europe News

EU weaning itself off Russian gas despite LNG imports uptick: Brussels

Fossil fuels imports from Russia have fallen dramatically, the European Commission stressed on Thursday, following reports that the bloc's purchases of Russian liquified natural gas (LNG) are up 40% compared to pre-war levels.

LNG