Europe | Egypt Oil & Gas - Part 10

Europe Looks for a Way Around Russia to Obtain Gas

European officials on Friday took a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the threat of Russia choking off supplies. Fifteen nations, more than half of th...

Ukraine President Says Russian Gas to EU via Ukraine Has No Alternative

Ukrainian President Petro Poroshenko believes that the agreement between Russia and Ukraine on gas transit to Europe will be extended after 2019, the current deadline, as there is no alternative to the Ukrainian route...

Russian Gas to Europe Via Ukraine Increases Amid Rumors of Cut-Off

Russian gas transit through Ukraine to the EU has soared by almost 20%, compared to the same time last year. That’s according to new data published by Ukraine’s state-owned UkrTransGaz. News of the increas...

Ukraine, Slovakia Discuss Increasing Gas Flow from Europe

Ukrainian and Slovakian operators of gas pipeline systems have discussed the issue of increasing deliveries from Europe to Ukraine, state gas firm Ukrtransgaz has revealed. The news came during a week in which Energy ...

Naftogaz Hopes for New Round of Ukraine-Russia Talks in July

Naftogaz CEO Andriy Kobolev expects the next round of the trilateral gas talks involving Ukraine, Russia and the European Union will be held in July and stresses the need to agree on a new “winter package”...

Russia Vows European Supply Not Affected by Failed Ukraine Agreement

Russia and Ukraine failed to reach an agreement on the flow of natural gas between the two countries, effectively cutting off Russian supply to Ukraine starting Wednesday. However, Russia said that the supply to Europ...

Ukraine Stops Receiving Russian Gas as Talks Fall Apart

Russian gas purchases have been suspended by Ukraine after a breakdown in talks aimed at keeping supplies running for three to six months. The Ukrainian state energy company, Naftogaz, said it would continue transport...

Russia Proposes Keeping Ukraine Gas Prices Unchanged

Russia proposes keeping the gas price for Ukraine unchanged in the third quarter, Prime Minister Dmitry Medvedev said on Monday, a day before Russia’s energy minister goes to Vienna for gas talks. “Despite...

Oil Hits New Low as Greece Fails to Reach Euro Deal

Oil dropped to a three-week low amid concern Greece’s failure to reach a deal with international creditors will prompt its exit from the euro area. Global equities fell as the Greek government imposed capital controls...

Russia Demands Beginning of Talks on Ukraine Gas Transit

Russian President Vladimir Putin has demanded the beginning of talks over the continuation of gas transit via Ukraine after 2019, Gazprom CEO Alexey Miller has said. This marks a substantial shift in the Kremlin’...

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