European electricity consumption back to pre-pandemic levels

Consumption across Europe soared by 5%, according to a new report

Gas prices could stay ‘high for years’

Petrol prices may come down in the short-term however, a new study suggests

Lithuania first EU country to cut Russian gas completely

The nation will now rely on its own LNG production, calling on the rest of Europe to do the same

TotalEnergies and Sempra seal North American LNG and wind deals

The agreement covers Asian and South American markets

EU member states required to fill gas storage by 90% under new proposals

The European Commission has outlined options to mitigate high energy prices with common gas purchases and minimum gas storage obligations

RWE plans ammonia plant at LNG terminal site in Germany

It will initially be used to import ammonia, which is used for chemicals and fertilisers, with around 300,000 tonnes per year expected to arrive via the terminal

EU closes deal for US gas supply to cut Russian dependency

It is looking to cut its use of Russian gas by two-thirds this year

TotalEnergies to halt Russian oil purchases by the end of 2022

The French energy giant has responded to “serious” and “unfounded” accusations of “complicity in war crimes”

Shell strikes deal to buy LNG from Venture Global’s proposed Louisiana plant

The 20-year agreement includes the supply of two million tonnes per annum of LNG from the Plaquemines LNG plant, which will have an export capacity of up to 20m metric tonnes per year

E.ON increases adjusted earnings in 2021

The group’s adjusted EBITDA rose to about €7.9 billion in 2021