Talks between Bulgaria and Russia over resuming the supply of gas from Gazprom will likely fail due to a slap in the face from Moscow and their current geopolitical advantage.

Belgians should brace for the worst, said Prime Minister Alexander de Croo on Monday, as fuel prices and electricity bills are expected to reach record highs soon.

German Chancellor Olaf Scholz on Monday met with Prime Minister Justin Trudeau in Canada to firm up access to new energy supplies as his country moves to quickly end its reliance on Russian oil and gas.

Concerns about the climate impact of liquefied natural gas (LNG) are mounting as US shipments to Europe surge in the wake of Russia’s invasion of Ukraine.

Chancellor Scholz began his inaugural trip to Canada on Sunday (21 August) to intensify cooperation between the two countries after a clash in July over the maintenance of a turbine aimed for the Nord Stream 1 gas pipeline.

Chancellor Olaf Scholz found himself standing next to two topless women for a photo-op on Sunday when the pair suddenly removed their jerseys.

The Bulgarian government has decided to accept only one of the agreed seven liquefied gas supplies from the US company Cheniere, despite the price being almost €30 lower than that offered on European gas exchanges.

Summer prices of liquefied natural gas (LNG) on the spot market surged in Asia to record high levels.

Two Japanese companies signed contracts for purchasing liquefied natural gas (LNG) with a new operator of the Sakhalin-2 oil and gas project, Nikkei newspaper reported on Saturday citing sources.

Japan plans to retain its interest in the Sakhalin 2 oil and gas project and will notify Russia of its intention by the early September deadline, with two major Japanese energy companies set to sign on, sources familiar with the matter said Friday.