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Facing mounting challenges, new EU Commission takes office

Amidst global geopolitical turmoil, the European Commission of Ursula von der Leyen officially took office on December 1 with the President pledging that over...

The complex politics of Caspian gas

For the countries bordering the Caspian Sea, gas has always been a major economic resource and, in most cases, one of the biggest contributors...

Record-high American LNG exports reinforce EU energy security drive

US liquefied natural gas, or LNG, exports reportedly hit monthly and annual record highs in December, positioning the United States to potentially become the...

Strange goings on in Northern Greece seem to worry Ankara

Government-linked Turkish media have indicated concern about a series of visits and events in Greece’s Evros prefecture -- the Greek-Turkish border region -- which...

UK eyes energy security, increasing supplies amid stronger ties with Azerbaijan

Azerbaijan can play a special role in energy security in the new global environment, considering Russia’s invasion of Ukraine and transition to a green...

EU plan to centralize gas purchases near impossible to implement

The global gas supply market will be much tighter this year than it was in 2022. The need for the EU to buy more gas, especially more liquified natural gas, from elsewhere will be greater.

World better prepared for Russian energy weapon in 2023

China’s demand for energy, the amount of Russian oil that will be cut from global supply will be key factors which will determine where the oil price trades in 2023.

Mozambique can become a major energy partner for Europe in return for governance & security support

The government of Mozambique recently hosted the 42nd Joint Parliamentary Assembly, a collection of African, Caribbean and Pacific countries, along with the EU, as...

REPowerEU strives to end dependence on Russian energy, tackle climate crisis

Responding to the hardships and global energy market disruption caused by Russia's invasion of Ukraine, the European Commission presented on May 18 the REPowerEU...

Sanctions expand as Russia approaches major default

No American President ever travels to Europe without a bag full of so-called “deliverables” and US President Joe Biden duly arrived in Brussels last...

Russia’s invasion of Ukraine boosts East Med region role in EU energy security

In light of Russia’s invasion of Ukraine and EU’s renewed effort to cut reliance on Russia, the East Mediterranean could play an increased role...

EU says ready for Russian energy weapon

The European Union said on February 16 the bloc is ready in case the Russian leadership decides to weaponize the energy issue.In a speech...

EU, US committed to accelerating the global transition to clean energy

The European Union and the United States are jointly committed to Europe's energy security and sustainability and to accelerating the global transition to clean...

EU gas prices on fire, fear of Russia invading Ukraine hot button

Wholesale gas prices in the EU rose to record levels in the third quarter of 2021, influenced by global gas markets, according to the...

EU blocks takeover of DSME by Hyundai Heavy Industries

The European Commission has prohibited the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) by Hyundai Heavy Industries Holdings (HHIH), noting that the merger...

France’s Total inks 5-year LNG supply agreement with AMNS in India

France’s Total and ArcelorMittal Nippon Steel (AMNS) have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas (LNG)...

Gazprom and Linde ink deal for gas processing plant in Russia’s Ust-Luga

Russian gas monopoly Gazprom and global industrial gases and engineering company Linde have signed a preliminary agreement to deliver services to a Gas Processing...

LNG projects in Bangladesh, Pakistan, Vietnam at risk due to volatile prices

Emerging markets such as Vietnam, Pakistan and Bangladesh that are turning to liquefied natural gas (LNG) as a source of power are likely to...

Global demand for LNG grows by 12.5% in 2019

Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published...

EU urges Turkey to halt illegal drilling off Cyprus, prepares new sanctions

The European Union has urged Turkey to halt its "illegal" drilling activities in Cyprus' Exclusive Economic Zone (EEZ) whilst preparing new sanctions, following the country's...

Merkel says Berlin to host Libya peace talks

Libya peace talks will be held in Berlin, said Germany’s Chancellor Angela Merkel on Saturday, following a meeting with Russian President Vladimir Putin in Moscow. "We hope...

Greece, Egypt, Cyprus, France call Turkey-Libya deals "void"

Greece, Cyprus, France and Egypt condemned on Wednesday the two agreements signed between Turkey and Libya on maritime boundaries and military cooperation, calling them...

Foreign Ministers of Greece, Cyprus, Egypt, France, Italy to meet in Cairo

The Foreign Ministers of Greece, Cyprus, France and Italy travelled to Cairo on Wednesday morning to participate in a five-sided meeting along with the...

Greece, Cyprus, Israel jointly condemn Turkey's decision to deploy troops in Libya

After a "historic" intergovernmental agreement was signed on Thursday by Greece, Cyprus and Israel for the construction of the EastMed natural gas pipeline, the...

Pompeo spearheads US efforts to bring East Med gas to EU

ATHENS – The United States is very supportive of plans to develop gas reserves in the East Mediterranean and export them to Europe, lessening...

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