The European Commission is set to unveil legal measures on Tuesday aimed at ending imports of Russian pipeline gas and liquefied natural gas (LNG) by the end of 2027, in a move that would formalize the European Union’s shift away from Russian energy supplies following the 2022 invasion of Ukraine.
The European Union will delay plans to curb Russian nuclear fuel imports, focusing first on phasing out Russian gas by 2027, the European Commission confirmed.
Azerbaijan’s state energy firm SOCAR has signed a 10-year natural gas supply deal with Germany’s state-owned SEFE (Securing Energy for Europe), the companies announced on Tuesday.
Azerbaijan plans to save 1.5 billion cubic meters of natural gas annually by 2030, thanks to expanded renewable energy capacity, Energy Minister Parviz Shahbazov said at the Baku Energy Forum.
Romania is looking to deepen its energy partnership with Azerbaijan, including potential future negotiations on gas supplies, as part of a broader push to enhance regional energy security through infrastructure projects and cooperation, a senior Romanian official said ahead of Baku Energy Week.
Türkiye’s first floating natural gas production platform, Osman Gazi, reached Filyos Port in Zonguldak on May 31.
Hungary’s Foreign Affairs and Trade Minister Peter Szijjarto said gas pipelines in Europe should be built, not closed, highlighting Bulgaria’s efforts compared to Ukraine’s recent actions.
Oil prices fell for the first time in three weeks, with expectations mounting that OPEC+ will raise production in July, Bloomberg reported.
Ukraine's gas reserves have reached their lowest levels in over a decade, with storage facilities less than 20% full as of May 11.
The European Commission is preparing to propose legal measures next month to phase out the EU's imports of Russian gas and LNG by 2027.
US Secretary of State Marco Rubio has firmly rejected claims that the Trump administration is considering lifting sanctions on Russia’s Nord Stream 2 pipeline as part of negotiations to end the war in Ukraine.
Shell has signed a deal with Bulgaria to explore 4,000 sq km in the Black Sea for oil and gas, as Sofia seeks to diversify energy sources. The move follows a similar agreement with OMV Petrom and NewMed Energy last month.
Some 47 million Europeans were not able to adequately heat their homes last year, says Dan Jorgensen
The agreement could be signed by Kyiv and Washington as early as Friday, according to one report.
In an interview, the Ukrainian President Volodymyr Zelenskyy offers mineral partnership to US, emphasizes Ukraine's need for security guarantees and says he is keen to speak to Trump before Putin does, and proposes using gas storage for U.S. LNG supplies.
Authorities in Moldova’s separatist Transdniestria region restored power and heating on Monday after a month-long energy crisis. The European Union provided €64 million to fund natural gas shipments, following Ukraine’s decision to halt Russian gas transit through its territory.
Ukraine is ready to assist in transporting Azerbaijani gas to Europe, Ukrainian President Volodymyr Zelenskyy announced on Saturday, offering to utilize the country's infrastructure to help European nations reduce their reliance on Russian energy.
Azerbaijan has temporarily halted its contracted natural gas supply to Bulgaria following a technical issue at BP's Alpha platform in the Shah Deniz gas field.
The cutoff of one of Russia's last gas export routes to Europe is being felt most acutely in a small, predominantly Russian-speaking breakaway region of Moldova that has relied on Moscow for protection for decades.
Hungary and Slovakia face challenges in paying for Russian gas due to new U.S. sanctions on Gazprombank, risking supply disruptions without a legal solution.
Hungary and Slovakia are seeking solutions for paying Russian gas suppliers after U.S. sanctions on Gazprombank raised payment challenges. Talks are underway to resolve the issue.
The European Bank for Reconstruction and Development (EBRD) has highlighted the need for Turkmenistan to diversify its gas export markets to ensure sustained economic growth.
Azerbaijan to boost natural gas exports to 12 countries by December, aiming for 1.2 billion cubic meters annually by 2027, alongside green energy initiatives and regional energy corridors.
The European Union could consider replacing Russian liquefied natural gas (LNG) imports with those from the United States. The European Commission President Ursula von der Leyen said it would be cheaper to buy it from America.
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