Europe: Brent oil declines, TTF gas rises amid supply disruptions, CO2 prices hold above €70 in late May
Brent oil futures for the Front Month on the ICE market reached their highest settlement price of the week on […]
gas
Slovenia: Ljubljana’s TE-TOL reduces coal use with new gas-steam unit
Ljubljana’s main district heating plant, TE-TOL, has officially taken over a new gas-steam unit, significantly reducing its dependence on coal.
Europe: ACER urges flexible LNG strategy as EU balances energy security and climate goals
The Agency for the Cooperation of Energy Regulators (ACER) has released a report highlighting recent changes in the European LNG
Bulgaria: Elliott Investment Management explores strategic acquisition of TurkStream assets and infrastructure
Hedge fund Elliott Investment Management is considering acquiring Bulgarian infrastructure assets, including a key section of the TurkStream gas pipeline,
Europe: Energy commodity prices remain volatile in mid-May amid geopolitical and market influences
During the third week of May, Brent crude oil futures for the Front Month on the ICE market consistently settled
Serbia and Russia to resume gas contract talks as current agreement nears expiry
Dušan Bajatović, General Director of Srbijagas, announced that negotiations with Russia over a new gas supply agreement will resume next
Greece: Alexandroupoli LNG terminal to resume partial operations in August after technical repairs
Gastrade, the operator of the Alexandroupoli LNG terminal, has announced that regasification services have been suspended since late January due
Slovenia: Geoplin and Sonatrach extend natural gas supply agreement to strengthen energy partnership
Slovenian gas company Geoplin and Algeria’s Sonatrach have extended their natural gas supply agreement by two years. The renewed contract
Serbia and Russia move closer to finalizing new gas supply agreement
Following official discussions between the Presidents of Serbia and Russia in Moscow, representatives from Srbijagas and Gazprom have resumed negotiations
Bosnia and Herzegovina’s gas debt to Russia: Background and ongoing dispute
Bosnia and Herzegovina (BiH) owes Russia $104.8 million in gas debt, according to the BiH Ministry of Finance and Treasury.
Europe: EU’s 2027 Russian gas exit plan sparks TTF price surge amid supply disruptions and global LNG competition
In Week 19 of 2025, TTF gas futures experienced a significant rally, rising by 5.5%—the largest daily increase since mid-March.
Romania: Court rules in favor of Neptun Deep gas project, rejecting Greenpeace lawsuit
The Neptun Deep gas project, developed by OMV Petrom and Romgaz, is progressing despite legal challenges from the environmental NGO