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Europe, Russia and Natural Gas
Here's what's behind Russia cutting off its last gas line to Europe
Ukrainian transit gas deal to Europe ended on Jan. 1. For now, the most acute effects are being felt in a region called Transnistria, on the eastern edge of Moldova.
Europe still hooked on liquefied natural gas from Russia
The European import of liquefied natural gas from Russia hit a record high last year, even as the European Union introduced policy measures to ween member states off of Russian energy. Jan-Eric Fähnrich is a gas analyst at Rystad Energy,
Europe’s Natural Gas Prices Rise as Russian Flows via Ukraine Cease
Europe's natural gas prices rose on the first trading day of 2025 as Russia halted gas flows via Ukraine, leaving Europe scrambling for alternative supplies ahead of a predicted cold snap.
End of Russian gas transit via Ukraine one of Moscow's 'most costly defeats,' White House says
Ukraine's move will deprive Russia of about $6.5 billion in annual revenue from gas sales to Europe, according to U.S. National Security Council spokesperson John Kirby.
Ukraine Halts the Flow of Natural Gas From Russia to Europe
A transnational pipeline was shut down on Wednesday after Kyiv refused to renew a prewar agreement that allowed for the transit of Russian gas through its territory.
Ukraine halts pipeline carrying Russian natural gas to Europe, as deal expires
"We stopped the transit of Russian gas, this is a historic event," Herman Galushchenko, Ukraine's energy minister, said in a statement.
Ukraine halts Russian gas transit, costing Moscow billions
This will clearly deprive Russia of about $6.5 billion in annual revenue from gas sales to Europe. It’s one of the biggest and most expensive losses for Moscow. Of course, we welcome Ukraine’s decision and its determination,
The end of Ukraine-Russia gas transit deal: what lies ahead for Europe?
The ongoing conflict has highlighted the importance of diversifying gas supplies to build resilience against geopolitical risks.
Zelensky Calls Halting Russian Gas Transit a Major Defeat for Moscow
Ukrainian President Volodymyr Zelensky has described the cessation of Russian gas transit through Ukraine as one of Moscow's greatest defeats in the ongoing conflict. The move signifies a critical shift in energy dynamics,
Norway, natural gas and Sold Record
Norway gas exports expected to stay close to last year's record levels
Norway exported a record amount of natural gas in 2024 and volumes are expected to stay near this level in the coming years, official data and forecasts showed on Thursday.
Norway Sold Record Natural Gas Volumes in 2024, Directorate Says
Norway’s oil and gas companies delivered record levels of natural gas in 2024 and will drill a similar number of exploration wells this coming year, in a push to offset production declines later in the decade.
Norwegian Gas Production Hits Record High In 2024
Norway's gas production, which has become crucial to replace Russian supplies to Europe, hit a record high last year, the Norwegian Offshore Directorate said on Thursday.
9h
on MSN
Europe’s Gas Price Retreats Further
European natural-gas prices fell, and Raboank said the around 10% retreat in price over the the week on an improved weather outlook signals that last week’s rally might have been overdone.
Crude Oil Prices
8h
LNG Price Rally Could Prompt Gas-to-Oil Switching in Asia
Soaring LNG prices in Asia due to Europe's gas crisis are making oil a more cost-competitive fuel source, potentially leading ...
7d
on MSN
Natural gas prices spike on forecasts of colder than expected winter
A wave of predictions that a polar vortex will make this January the coldest in years sent natural gas prices up this week, ...
2d
Hungarian foreign minister blames Ukraine for rising gas prices in Europe
Hungarian Foreign Minister Péter Szijjártó has accused Ukraine of putting the European Union in a difficult economic ...
8d
on MSN
Ukraine Halts Flow of Natural Gas From Russia to Europe
Russia’s share of the EU pipeline natural gas market dropped sharply to about 8% in 2023, according to data from the EU ...
Responsible Statecraft on MSN
11h
Who pays for Zelensky's gas cut-off gamble?
Ukraine loses billions in gas transit fees, Europe faces soaring energy prices, with Russia largely insulated from the ...
Crude Oil Prices
23h
U.S. LNG Wins Big As Europe Boosts Overseas Gas Imports
Europe will need to boost overseas supply not only for this winter’s consumption but also in the spring and summer.
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