…Prices have increased even as Texas’s Freeport LNG export plant, one of the nation’s largest gas consumer, has been temporarily shut down after an explosion….

As the EU grapples with an energy crisis and seeks alternatives to Russian pipeline gas, the bloc plans to increase its financial support to a military mission in Mozambique – a gas-rich country in Africa plagued by Islamist attacks and insurgents in recent years that have delayed offshore gas projects.

Russia’s gas giant Gazprom said on Tuesday that its natural gas exports slumped by 36.2 percent to 78.5 billion cubic meters between January and the middle of August, as deliveries to Europe plummeted.

BP is selling its oil assets in Mexico as it seeks to focus even more on its renewable energy business.

The German federal government has signed two memoranda of understanding with the country’s top gas utilities for the delivery of two floating LNG import terminals.

Egyptian summer nights got a lot darker and hotter this week.

Temperatures in Spain in July were the highest since records began in 1961, according to the country’s Ministry for the Ecological Transition, or MITECO.

Russian market indices ended the trading session on Monday with mixed dynamics.

Amid a looming energy crisis, Switzerland could turn to oil for electricity production in the winter in case of an emergency, Swiss Energy Minister Simonetta Sommaruga told local newspaper SonntagsZeitung this weekend.

The crude oil export duty in Russia will be reduced by $1 to $52 per tonne from September 1, 2020, the Finance Ministry said on Monday.