HomeTagsEuropean natural gas

Tag: European natural gas

European States to Convene on Gas Price Curb

European Union member states are set to convene on Thursday to discuss strategies to curb gas prices. Rising gas prices have not only caused industry shutdowns but also left households struggling to pay their bills. Diplomats are struggling to reach a consensus on how...

European Gas Prices Rise Amid EU Plans and Cool Weather Forecast

European gas prices increased on Wednesday as the European Union announced its plan to raise over 140 billion euros in funds to soften the dealt against consumers by rapidly rising energy prices. According to a statement by European Commission President Ursula von der Leyen,...

Germany Prepares for Russia Gas Halt

German chancellor Olaf Scholz stated on Saturday that Germany is preparing for the situation where Russia decided to halt its gas supply to Europe in its entirety following the backlash of the war in Ukraine. This comes as Europe prepares to weather the coming...

Siemens Energy Ready to Repair Nord Stream 1 Pipeline, However Worksite Unavailable

Russian state-owned energy company Gazprom revealed on Saturday that Siemens Energy has expressed a willingness to help repair broken equipment for the Nord Stream 1 gas pipeline. The pipeline, that provides gas to Germany and the surrounding region, was operating at only 20% capacity before...

European Gas Slumps as Storage Levels Increase

European gas prices fell the most since April, with Dutch front-month futures plummeting by 16%. This news comes as Germany announced that its gas stores had been filled up quicker than expected, with its October target of 85% expected to already be met next...

Germany Reaches Gas Storage Goal Two Weeks Ahead Of Plan

Klaus Mueller, president of the Federal Network Agency, announced on Twitter that Germany's gas storage facilities are now 75.43% full. According to Germany's top regulator, the nation's 75% target has been reached two weeks ahead of schedule. Now that the country's September 1 goal...