The Scottish government and environmental organizations have voiced opposition to plans for dishing out more than 100 North Sea oil and gas drilling licenses reportedly put forward by Liz Truss, the Conservative politician vying to be the UK’s next prime minister.

Some eventful months lie ahead of us with the unfolding winter energy crisis and final negotiations on the EU’s ‘Fit for 55’ package of climate and energy laws due before the end of the year.

Russian state gas company Gazprom still has not answered the Bulgarian authorities’ invitation to resume negotiations to restart gas supplies to the country.

Japanese energy company Kyushu Electric Power has signed a contract for the purchase of liquefied natural gas (LNG) with a new operator of the Sakhalin-2 oil and gas project, the Kyodo agency reported on Tuesday, citing sources.

Dutch import of Russian liquefied natural gas (LNG) surged by 35% year-on-year in the first half of 2022, the statistical bureau of the Netherlands said on Tuesday.

A court in Zagreb on Monday ordered the detention of five people on suspicion of defrauding Croatia’s national oil company INA of more than a billion Croatian kunas (US$133 million) by reselling the company’s gas abroad for 10 times the purchase price and keeping the profits.

The price of gas in Europe fell by over 10% below $2,550 per 1,000 cubic meters.

BYD, the Chinese carmaker that recently overtook Tesla as the world’s largest electric vehicle maker, more than tripled its first-half profit on the back of a 300% jump in sales.

Tokyo Gas, the largest city gas supplier in Japan, has signed a long-term LNG agreement with the new Russian operator of the Sakhalin-2 project to keep supply volumes from the project, a spokesperson for the Japanese company told Reuters on Tuesday in a second such deal between a firm from Japan and the new operator.

…China’s JOVO Group, a big LNG trader, recently disclosed that it had resold an LNG cargo to a European buyer….