Europe’s Natural Gas Prices Jump to 2024 High
European natural gas prices surged due to a combination of OMV's legal victory against Gazprom and colder weather increasing demand.
Europe’s Gas Prices Surge on Stronger Demand, Supply Concerns
European natural-gas prices continued to hover around their highest level this year on stronger demand and concerns over Russian flow disruptions.
Russian Gas Supply to Europe Faces Disruption Risk, OMV Warns
OMV doesn’t expect Gazprom to pay the €230 million ($242 million) award, which could prompt the Kremlin-controlled company to halt supplies and may boost reliance on costly liquefied natural gas. Europe’s gas market has been particularly sensitive to ...
Supply Risk and Soaring Demand Keep European Natural Gas Prices at 1-Year High
European natural gas prices surged due to a combination of OMV's legal victory against Gazprom and colder weather increasing demand.
European gas prices surge on potential disruption from Russia
European gas prices hit their highest levels in a year on Thursday after Austrian group OMV warned of a potential disruption to supplies from Russia. Futures on the European benchmark, TTF, rose as much as 5 per cent to €46 euros per megawatt hour in early trade in Amsterdam before paring some gains.
Kremlin energy row sends gas price surging
A row between a Kremlin-controlled energy giant and one of its European customers has sent the price of gas surging to its highest level in a year.
European gas prices soar to YTD high on heavy demand, potential Russia disruption
European natural gas prices spike as much as 5% to hit €46/MWh on Thursday, reaching their highest level this year, after Austrian oil and gas producer OMV ( OTCPK:OMVJF) warned of a potential halt of gas supplies from Russia.
Austria says Russia to cut off gas from Saturday
Russia told Austria on Friday it will suspend gas deliveries via Ukraine on Saturday, in a development that signals a ...
Hosted on MSN2d
Russia's lucrative oil and gas industry is an easy target for Europe after Trump's election victory
The EU has also cut most of its piped natural gas imports from Russia, replacing much of it with LNG from the US — which ...
Stars and Stripes12h
Austria says Russia’s Gazprom will cut off natural gas supply this weekend
VIENNA — Russia’s state-owned natural gas company Gazrom will cut off supplies to Austria’s OMV utility early Saturday, ...
European gas markets on the edge ahead of winter season
Natural gas prices have risen significantly in recent weeks as the market braces itself for the upcoming winter months.
Czechs Return to Russian Gas as Cost of Alternatives Bites
Europe has spent the past two years trying to free itself from dependence on Russian energy, but more expensive alternatives ...
Austria to be cut off from Russian gas from Nov 16
VIENNA - Russia's Gazprom has told Austria that it is suspending gas deliveries from Nov 16, a gas flow monitoring platform ...
E&E4d
Can US LNG help Europe avoid a Trump trade war?
Last week’s election is putting a new spotlight on efforts to boost American liquefied natural gas deliveries to overseas ...
Crude Oil Prices1d
U.S. Looks to Ensure Long-Term Demand for Its LNG in Europe
However, we would like to begin discussions as soon as possible, to ensure the continued reliable and stable supply of ...
Europe to crank up gas-fired output and emissions as winter sets in
Europe's natural gas-fired electricity generation and associated emissions fell to multi-year lows over the first three quarters of 2024, but are set to rebound sharply towards year-end as solar ...