The European Union may need as many as 350 extra cargoes of liquefied natural gas (LNG) this year, Helge Haugane, the head of gas and power trading at Norway's Equinor , told Bloomberg News on Tuesday.
Supply fears stoking the recent rally in European natural gas prices are unjustified, but the sentiment is so strong that it’s unlikely to ease before the cold season ends, according to BNP Paribas SA.
The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU's energy commissioner has said.
The European Union will consider investing in liquefied natural gas (LNG) projects abroad as part of plans to "immediately engage" with reliable suppliers to try to lower energy prices, a draft Commission document showed on Tuesday.
Helge Haugane, head of Equinor's gas and power trading, told Bloomberg News that the European Union could need up to 350
U.S. natural gas futures rose for a seventh consecutive session as Arctic weather across much of the U.S. lifted demand and froze in some production.
A document seen by POLITICO shows Brussels is exploring whether to back overseas fossil fuel infrastructure amid trade talks with the U.S.
The European Union will increase imports of liquefied natural gas (LNG) from the United States and accelerate the development of renewable energy sources to replace Russian gas and reduce energy prices.
The European Union is willing to work with the Trump administration on a deal that would lower tariffs for industrial goods and boost purchases of American exports like natural gas and soybeans, the bloc’s trade chief said.
European shipyards are providing vital servicing contracts to vessels carrying Russian liquefied natural gas, sustaining a trade that Kyiv says is funding the Kremlin’s war on Ukraine. Meanwhile, a new analysis of the latest trade data shows that imports of Russian LNG to the EU rose last year,
By Flavia Sollazzo The European Union’s methane regulation, set to begin reporting requirements this May, is a landmark step in climate policy. By targeting methane — a potent greenhouse gas responsible for a third of global warming
By regulating the purchase of certain volumes of LNG by individual members, the European Union is harming itself.