Ukraine
Kick-off Ceremony Held for Realization of Alexandroupolis FSRU in Greece
The kick-off ceremony for the realization of Gastrade SA’s LNG FSRU facility in Alexandroupolis, Greece, was held on Tuesday, May 3, 2022, in the old Storage House of the Alexandroupolis Port Customs. Once delivered, the FSRU, with a capacity of…
Speed Up Green Transition to Break From Russian Fossil Fuels, Say 11 EU Countries
Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries. The invasion of Ukraine put a spotlight on Europe’s dependency on Russian fossil fuel, particularly gas,…
IEA: Global natural gas demand set to decline slightly in 2022
The world’s demand for natural gas is set to decline slightly in 2022. as a result of higher prices and market disruptions caused by war in Ukraine, according to the International Energy Agency’s latest quarterly update. The expected small contraction in…
WindEurope 2022 in Bilbao: helping Europe deliver energy security
The WindEurope annual event begins today in Bilbao. His Majesty the King of Spain will open it with the President of the Basque Government, Ministers from around Europe and top officials from the EU Commission. Over 8,000 people are taking…
IEA Member Countries Agree to New Emergency Oil Stock Release in Response to Market Turmoil
The International Energy Agency’s 31 Member Countries agreed on Friday to a new release of oil from emergency reserves in response to the market turmoil caused by conflict between Russia and Ukraine, underscoring their strong and unified commitment to stabilizing…
Joint Statement Between the European Commission and the United States on European Energy Security
The United States and the European Commission are committed to reducing Europe’s dependency on Russian energy. “We reaffirm our joint commitment to Europe’s energy security and sustainability and to accelerating the global transition to clean energy. In condemning in the…
Oil Market Report Highlights – March 2022
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining…