energy-market-development

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EU countries' ambassadors approve phase out of Russian gas imports

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Chevron's Gorgon LNG project secures $2 billion investment nod

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Russia's LNG exports fall 2% in January-November, data shows

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UK to cut household energy bills by 150 pounds a year

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Exxon to acquire 40% stake in Enterprise Bahia NGL pipeline

Date: November 20, 2025

(Reuters) -Enterprise Products Partners said on Thursday that Exxon Mobil will buy a 40% stake in its Bahia natural gas liquids pipeline and help expand the system to handle growing Permian Basin...

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Exclusive-How BP won its $1 billion-plus case against Venture Global

Date: November 4, 2025

By Stephanie Kelly, Marwa Rashad, Curtis Williams and Francesca Landini LONDON (Reuters) -Oil major BP won its $1 billion-plus arbitration case against liquefied natural gas producer Venture Global...

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Russia's January-October LNG exports down 3.4%, jump 21% in October, data show

Date: November 1, 2025

(Reuters) -Russia's exports of liquefied natural gas in January-October fell by 3.4% from a year earlier to 25.2 million metric tons (mmt), while jumping 21% to record levels in October amid the...

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Uniper nine-month profit plunges on hedging decline, Russian gas loss

Date: October 24, 2025

BERLIN (Reuters) -German state-owned utility Uniper expects an 80% drop in nine-month adjusted net profit, it said on Friday, citing reduced hedging gains and the loss of Russian gas supplies. Nine-...

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BP wins arbitration case against Venture Global over LNG cargoes

Date: October 9, 2025

By Curtis Williams HOUSTON (Reuters) -BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due...

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Bulgaria to suspend Russian gas transit for short-term contracts in 2026, prime minister says

Date: September 25, 2025

SOFIA (Reuters) -Bulgaria will suspend Russian gas transit for short-term contracts in 2026 as part of European Union plans to cut off Russian gas imports completely, Prime Minister Rosen Zhelyazkov...