Europe

Ukraine, Poland to Double Gas Link Capacity Ahead of Winter Imports

Ukraine and Poland will nearly double the capacity of their natural gas interconnector to 12.4 MMcm/d, enabling higher LNG imports ahead of the heating season, Ukraine's Energy Ministry said.

Anaergia to Equip Two More Biomethane Plants for Techbau in Italy

Anaergia Inc. says its Italian subsidiary has amended an existing agreement with engineering firm Techbau S.p.A. to cover two additional biomethane plants, lifting the total number of joint projects in Italy to seven.

Scotland’s Acorn Project Gets $272 Million Boost for North Sea Carbon Storage

The UK government will invest $272 million in the Acorn carbon capture and storage (CCS) project in Scotland, a move aimed at advancing carbon reduction efforts and supporting industrial decarbonization.

Section 899 Could Undermine U.S. Oil Boom, Rattle Global Investors

A proposed U.S. tax could threaten billions in foreign energy investments from Shell, BP, and TotalEnergies, casting doubt on Trump’s pro-oil energy agenda.

Germany's SEFE Inks 10-Year Natural Gas Deal with Azerbaijan's SOCAR

Germany’s SEFE has signed a 10-year deal to receive natural gas from Azerbaijan’s SOCAR, with volumes reaching 1.5 Bcm annually as part of Europe’s push to diversify energy sources.

Badenova Launches Southern Germany's First Hydrogen Pipeline

BadenovaNETZE has begun construction on a 58-kilometer (34-mile) hydrogen pipeline in southern Germany, marking the first phase of the H2@Hochrhein project. The pipeline will supply green hydrogen to energy-intensive industries along the Upper Rhine and is scheduled for completion by 2030.

Controversial 98-Mile Gas Pipeline to Link Malta, Italy Draws EU Pushback

A gas pipeline between Malta and Italy has become one of the EU’s most contentious energy projects — with ties to scandal, climate backlash, and high-stakes political pressure. What’s really behind the Melita pipeline debate?

German Gas Pipeline Lobby Proposes Reforms to Cut Storage Costs

Germany's pipeline lobby group has proposed a new approach to gas storage, including a permanent national reserve, it said on Wednesday, in an effort to reduce the cost of building up an energy buffer ahead of the European winter.

Europe Gas Price Surges Following Norway Outages, U.S. Tariff Delays

Dutch wholesale gas prices rose on Monday morning, supported by an extension in Norwegian outages and a delay in U.S. tariffs on European goods. Norway's Troll gas field has seen varying degrees of outages over the past week, with operator Equinor on Monday morning extending capacity cuts to Saturday.

Germany Opens Second LNG Import Terminal at Wilhelmshaven Port

Germany officially launched a second liquefied natural gas import terminal at Wilhelmshaven on Monday, state operator Deutsche Energy Terminal said, as part of efforts to diversify the country's energy supply.

MOL, MVM Partner to Expand Azeri Oil Shipments to Hungary and Slovakia

Hungary’s MOL and MVM will jointly charter tankers to ship up to 160,000 metric tons of Azeri crude annually via Turkey’s BTC pipeline, aiming to diversify oil supply for Hungary and Slovakia.

EU Asks 44 Oil, Gas Companies to Support CO₂ Storage Goal

The European Commission has asked 44 oil and gas companies to help meet its goal of storing 50 million tonnes of CO₂ annually by 2030, linking their participation to their share of EU hydrocarbon production.

Europe, Asia Face Rising Competition for LNG Ahead of Summer, IGU Says

The International Gas Union warns that Europe and Asia are set to compete for LNG cargoes this summer, with rising Asian demand and Europe's need to refill storage driving potential price increases.

Austria’s Central Gas Hub Grows Trading Volumes After Russian Supply Ends

Austria’s Central European Gas Hub has reported increased trading volumes despite the halt of Russian gas flows through Ukraine, with higher liquidity driven by alternative supplies via Germany and Italy, according to CEO Gottfried Steiner.

Penspen Joins UK’s HyNet Project with CO₂ Pipeline Design Deal

Penspen has secured a multi-million-pound contract to lead the detailed engineering design of the HyNet CO₂ pipeline, a key UK project aiming to cut emissions by up to 10 million tonnes annually and help meet national net-zero targets.

Russia's Gazprom in Talks with Serbia on New Gas Supply Deal

Gazprom is negotiating a new natural gas supply contract with Serbia, which relies heavily on Russian gas via the TurkStream pipeline. Talks follow President Vucic’s recent visit to Moscow and aim to finalize a deal by May 31.

Azerbaijan Reports 3.1% Drop in BTC Pipeline Oil Exports

Azerbaijan’s oil exports via the BTC pipeline dropped 3.1% year-on-year to 9.3 million metric tons in January–April, with total transit volumes also down, according to official government data.

Wood Mackenzie Warns of Gas Turbine Supply Constraints Through 2040

Wood Mackenzie expects new gas-fired generation projects of around 890 gigawatt (GW) capacity to be added globally between 2025 and 2040, with the U.S. and China leading at 47% annual additions during the same period.

Phillips 66 Sells Majority Interest in European Fuel Retailer

Phillips 66 will sell a 65% stake in its Germany and Austria JET-branded retail fuel network for $2.8 billion, forming a joint venture with Energy Equation Partners and Stonepeak while retaining a minority interest.

Construction Begins on EU’s First CO₂ Storage Terminal in Denmark

Construction has started on the Greensand CO₂ terminal in Port Esbjerg, Denmark—the EU’s first full CCS hub. The facility will store and ship CO₂ for permanent offshore storage in the Danish North Sea.

Italy’s Eni Supplied Russian Gas to Turkey Last Year Despite EU Shift

Italy’s Eni confirmed it delivered 6.2 billion cubic meters of Russian gas to Turkey in 2024 via the Blue Stream pipeline, despite halting Russian gas sales in Europe after the Ukraine invasion.

Norway’s Statkraft Halts New Green Hydrogen Developments on Cost, Market Concerns

Norway's Statkraft has stopped developing new green hydrogen projects, citing rising costs, market uncertainty, and lack of regulatory clarity. The utility reported a Q1 earnings drop due to lower power prices.

Spain’s U.S. LNG Imports Double, Replace Russian Supply

Spain's LNG imports from the U.S. surged to 35% of total gas supply in the first four months of 2025, overtaking Algeria and replacing Russian gas, according to Enagas data.

Global Energy Exports Slide as Trade Risks Weigh on Oil and Fuel Demand

Global oil, LNG and fuel exports slowed in early 2025 as rising trade tensions and tariffs disrupt flows, pressuring demand across major import markets and raising risks for energy exporters.

Romania's OMV Petrom Strikes Deal to Supply Quarter of Moldova’s Gas Demand

OMV Petrom signed a deal to supply 25% of Moldova’s annual gas needs starting in 2027, strengthening Moldova’s energy security as the country moves away from Russian gas dependency.

TurkStream Gas Pipeline Could Slow EU, Russia Decoupling

TurkStream pipeline gas flows are rising, posing a challenge to the EU’s roadmap to phase out Russian gas by 2027. Southeast Europe’s growing reliance on the pipeline risks undermining European energy diversification efforts.

Saudi Arabia Can Control Oil Supply, But Demand May Be Its Achilles’ Heel

Saudi Arabia is flexing its oil supply control, but weakening global demand could undermine its strategy and pose challenges.

EU Considers Ban on New Russian Gas Contracts, Eyes Exit Options for Existing Deals

The European Commission is considering legal measures to forbid new Russian gas contracts and allow EU firms to exit existing deals without penalties, as part of efforts to further reduce reliance on Russian energy.

Arbitrage Reopens: U.S. LNG Diverted from Europe to Asia in Global Market Shift

Several U.S. LNG cargoes originally bound for Europe have been redirected to Asia as a reopened arbitrage window and falling European prices shift global trade flows. Analysts say the move highlights growing competition between Atlantic and Pacific markets heading into summer.

Ukraine Increases Gas Imports by 40% to Meet Supply Needs

Ukraine has increased natural gas imports by nearly 40%, turning to Hungary and Poland to offset war-related production losses and meet growing demand ahead of the winter season.