Europe | Egypt Oil & Gas - Part 3
Gazprom Warns of 60% European Gas Price Hike
Russia’s state-owned natural gas company Gazprom warned that this winter, European gas prices might rise by 60% to more than $4,000 per 1,000 cubic meters as the company’s own export and production continu...
Shell to Build Largest Renewable Hydrogen Plant in Europe
Shell Nederland BV and Shell Overseas Investments BV, subsidiaries of Shell plc, made the final investment decision to build Holland Hydrogen I, the largest renewable hydrogen plant in Europe once operational in 2025....
Eni, Repsol to Ship Venezuelan Oil to Europe
Eni and Repsol could begin shipping Venezuelan oil to Europe as soon as next month to replace Russian crude, five people familiar with the matter say, resuming oil-for-debt swaps that were suspended two years ago when...
El Molla: Egypt to Ramp Up LNG Exports to Europe in Upcoming Period
In an interview with Al- Sharq, Minister of Petroleum and Mineral Resources Tarek El Molla disclosed plans with the East Mediterranean countries to increase liquefied natural gas (LNG) exports to Europe during the upc...
Saudi Aramco Reduces Arab Light Oil Prices to Europe, Asia in June
According to Aramco’s most recent pricing document, Saudi Arabia has reduced the price of its Arab Light crude grade to Asia and Europe, ARAB NEWS reported. At $5.65 per barrel above the Argus Sour Crude Index, ...
Gazprom Continues to Export Gas to Europe through Ukraine
In response to requests from European consumers, Gazprom continued to supply natural gas to Europe via Ukraine on Sunday, Reuters reported. According to Gazprom, 57 million cubic meters were requested for 17 April. European Gas Moves Forward As EU Considers New Sanctions Against Russia
Throughout Europe, natural gas prices are fluctuating as supply fears intensify alongside calls for further sanctions against Russia, Bloomberg reported. Several EU members are pressing for new sanctions to be imposed...
Russian Gas Supplies to Europe is Stable
The Russian natural gas supplies through its three key pipelines to Europe is stable, Reuters reported. Russian gas supplies to Germany through the Nord Stream 1 pipeline recorded 73,404,500 kilowatt hours per hour, a...
