Category: Europe

U.S. LNG Exports Could Ensure European Energy Security

The ongoing crisis in Ukraine is a flashpoint for European and American leaders to reinforce energy security in Europe and redouble efforts to decrease Europe’s dependence on Russian natural gas.  Russia provides nearly one-third of Europe’s annual natural gas demand which totaled 18.7 trillion cubic feet (Tcf) in 2013. Ukraine is also the major conduit […]  More »

Gazprom assures Europe gas supply; German firm starts deliveries to Ukraine

The head of Russian gas giant Gazprom told a European energy leader Tuesday that it will continue to provide a reliable supply of natural gas to the European market, according to Reuters.  More »

Gas carousel making Spain Europe’s biggest gas exporter

Spain overtook Norway in March to become the region’s biggest exporter of liquefied natural gas, but the southern European nation has never produced any of the fuel.  More »

Foreign frackers now find comfort in water-hungry Spain

A few years ago, fracking in Spain seemed as likely as bullfighting in Britain. But these days, energy companies from Texas, Canada and Ireland are trying to capitalize on geology that indicates Spain has sizable shale reserves.  More »

Gazprom raises gas export price as Ukraine looks for cash

Russia’s natural-gas export monopoly raised prices for Ukraine 44 percent after a discount deal expired, heaping financial pressure on the government in Kiev as it negotiates international bailouts.  More »

Chevron, Polish firm jointly explore for shale gas

Poland’s gas giant PGNiG says it has signed an agreement with Chevron to jointly hunt for shale gas in southwestern Poland in a move to speed up the exploration.  More »

Billionaire sought by US holds key to Putin gas cash

A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle.  More »

Crimea crisis won’t cut Russia gas flow to Europe, IHS says

The crisis in the Crimea is unlikely to mean a cutoff of natural gas deliveries to the Ukraine and Europe, an international energy think tank said Wednesday.  More »

Russian billionaire to buy RWE oil and gas unit

L1 Energy, the investment vehicle of Russia’s fourth-richest man Mikhail Fridman, agreed to buy RWE AG’s Dea oil and gas unit, gaining assets in the U.K., Germany and the North Sea.  More »

Study: 16 percent of Europe’s gas flows through Ukraine

Sixteen percent of the Europe’s gas flows through Ukraine, according to a study by the U.S. Energy Information Administration.  More »

Norway’s oil stimulus nears tipping point as growth fades

A near half-decade boom in oil investments in Norway is about to come to an end, sapping momentum in the economy of western Europe’s largest crude producer, the country’s main economic forecaster said.  More »

Green push blows away German coal-power profits

German Chancellor Angela Merkel’s campaign to limit climate change with an energy system based on renewable sources is cutting into profits of companies that still provide 57 percent of the power that keeps Europe’s biggest economy humming.  More »
Page 1 of 1612345...10...Last »