Canada has signed a major long-term energy agreement with Germany that will see one million tonnes of liquefied natural gas (LNG) exported annually from British Columbia to Europe beginning in the early 2030s. The deal involves the proposed Ksi Lisims LNG project and Germany’s state-owned energy company SEFE, marking Canada’s first long-term LNG supply arrangement […]
Despite a recent drop in prices, the rate of natural gas purchases required to refill Europe’s storage sites is slower than usual for this time of year. Some buyers are betting on further price drops and are therefore holding off on making purchases. While the benchmark futures for natural gas have decreased significantly from record […]
In response to mounting energy strain, France has delivered gas to Germany for the first time in an act of “European solidarity.” The pipeline-delivered gas is a component of a pact between the nations to reduce energy shortages following Russian shutoff of the taps to Europe. Despite providing less than 2% of Germany’s daily demands, the […]
EU energy ministers have decided that countries will reduce their gas use if Russia stops supplying them. The EU countries have now agreed to a voluntary 15 percent between August and March after being locked in negotiations since the notion was floated last week. The Czech Republic, which is currently in charge of rotating the […]



