Israel resumes limited gas exports despite ongoing conflict; Egypt still waiting
Israel resumed exports of natural gas from its surplus, according to the Energy Ministry on Thursday. This comes nearly a full week after Israel and Iran engaged in an aerial battle. According to a source in the energy ministry, most of the gas exported is flowing into Jordan and "tiny quantities" have reached Egypt only this week.
Austria: EU should resume Russian gas imports in the event of peace in Ukraine
An Austrian official told Brussels that the European Union would be willing to resume Russian gas imports in the event of a peace agreement between Russia and Ukraine. The European Commission will propose legal measures to implement the ban on Tuesday, with the goal of ending the EU's dependence on Russian energy before the end of 2027.
Austria: EU should consider returning to Russian gas in the event of peace in Ukraine
An Austrian official told Brussels that the European Union would be willing to resume Russian gas imports if there was a future peace agreement between Russia and Ukraine. The European Commission will propose legal measures to implement the ban on Tuesday, with the goal of…
EU continues with Russian gas banning proposal despite Hungary and Slovakia's vetoes
Hungary and Slovakia opposed on Monday a planned European Union prohibition on Russian gas imports. However, Brussels is expected Tuesday to propose the legislation, which may pass without their approval. By the end of 2027, the European Commission plans to ban EU imports of Russian gas and LNG.
EU countries are considering a softening of the methane emission law for gas imports
According to a document obtained by, European Union countries could demand that Brussels simplifies the EU's law on methane emissions, which has raised concerns among companies that it may hinder imports of U.S. liquid natural gas. The EU will require importers of gas and…
Fico: Slovakia can't support new EU sanctions on Russia without energy solutions
Robert Fico, Slovakia's Prime Minister, said that the country will not support the EU's 18th sanctions package against Russia until the European Commission offers a solution for the problems the country would face if the bloc were to phase out Russian energy according to plan.
Analyst: Ukraine's gas reserves are more than 7 billion cubic meters, according to analysts
ExPro, an analyst, said that gas reserves in Ukrainian storage sites exceeded 7 billion cubic meters (bcm), but remain at their lowest level for the past 11 years. After Russian missiles damaged the production facilities to the east of Ukraine, Ukraine was forced to increase…
China's imports major commodities suffered a hiccup in the month of May: Russell
China's imports have slowed in May. Crude oil, coal and iron ore all saw declines, amid worries about the growth of the world's largest economy. Customs data released Tuesday showed that only natural gas imports improved, with 10.11 million tons in May slightly above the 9.67 millions in April.
China's imports major commodities suffered a hiccup in the month of May: Russell
China's imports have slowed in May. Crude oil, coal and iron ore all saw declines, amid worries about the growth of the world's largest economy. Customs data released Tuesday showed that only natural gas imports improved, with 10.11 million tons in May slightly above the 9.67 millions in April.
China's crude imports in May are at a 4-mth-low amid widespread refinery repairs
Data released on Monday showed that China's crude imports in May fell to the lowest rate per day in four months as maintenance at state-owned refineries and independent refineries increased. According to the General Administration of Customs, the imports of crude oil in May totaled 46.6 million metric tonnes.
Naftogaz, Ukraine's Naftogaz, to purchase new drilling rigs using EBRD loans
The European Bank for Reconstruction and Development will lend Naftogaz a loan of 36.4 million euros to modernise the drilling equipment. This was announced by the company on Monday. Naftogaz is the largest producer of Ukrainian gas. However, its production facilities suffered…
Edison Confident In Venture Global LNG Arbitration
The chief executive of Italian utility Edison said on Thursday he was confident of a positive outcome in arbitration involving U.S. liquefied natural gas supplier Venture Global, expected by the end of the year.Edison is one of several European energy companies, including Shell…
Japan is poised to amend offshore wind regulations as players get coldfeet
Insiders in the industry say that Japan will likely sweeten its terms to developers who want to build an offshore wind farm. The country is looking to re-establish its energy ambitions against a global slump of projects that have been hit by rising costs and delays. By 2040…
Even after Trump's reprieved, the EU is still trying to reach a trade agreement with Trump
It is unclear how the European Union will reconcile its desire for a trade agreement that benefits both sides with Washington's demand for large concessions. After a phone call with European Commission president Ursula von der Leyen on June 1, Trump decided to back away from the imposition of levies against EU imports.
Japan is poised to amend offshore wind regulations as players get coldfeet
Insiders in the industry say that Japan will likely sweeten its terms to developers who want to build an offshore wind farm. The country is looking to re-establish its energy ambitions against a global slump of projects that have been hit by rising costs and delays. By 2040…
Italy fully supports EU efforts in order to stop Russian gas imports before 2027
The Italian energy minister said to reporters that Rome fully supports the European Union's efforts to stop Russian gas imported into the EU by 2027. He added that any decision by Rome to increase LNG imports from America is up to private purchasers. The minister stated that Italy imported only a small amount of Russian gas last year…
How can the EU ban Russian Gas?
Next month, the European Commission will propose legal measures that will phase out EU gas imports from Russia by 2027 and prohibit spot contracts with Russia before the end this year. This is how it could work. How will the EU ban Russian gas? Legally, sanctions are the easiest…
Analyst ExPro states that Ukraine's gas reserves have dropped to their lowest level for 11 years.
ExPro, an analytical company, said that the gas volumes in Ukrainian storage sites are at their lowest level for at least 11 year. They stood at 6 billion cubic meters (bcm), as of Wednesday. After Russian missiles damaged the production facilities to the east of Ukraine,…
Documents show that Eni, an Italian company, delivered Russian gas to Turkey in the last year.
Eni supplied gas to Turkey last year, according to documents published on the Italian energy company's website on Monday. This confirms that the company is still dealing with Russian gas, despite the suspension of supplies within Europe. Documents show that in a response to a written question from an Eni shareholder…
Transmission operator: Ukraine imports more gas
The operator of the national gas transmission system reported that Ukraine increased its gas imports to approximately 15.5 million cubic meters (mcms) per day over the weekend and Monday, compared with 14.5 mcms per day the previous week. After Russian missiles damaged the production facilities to the east of Ukraine…
