Brussels/ Moscow: The possibility of fresh sanctions on gas supply from Russia has shot the prices of gas by 10 %, taking it above 2000 dollars per 1000 cubic meters. This is the third instance of a 10% hike in natural gas prices in the last four days. A meeting of the European Union to […]
Washington: The United States promised abundant fuel supplies to Europe after Europe banned the import of Russian gas. But it has been exposed in the past few days that reports have surfaced that US companies are failing to meet the growing European demand for fuel. Against this backdrop, a leading news agency claimed that a […]
Cairo: Memorandum of Understanding (MoU) was signed between Israel, Egypt and the European Union. According to this, Israel will be supplying natural fuel gas to the European Union with assistance from Egypt. The Israeli Energy Minister said that this is a historic development and that his country was creating its place in the global energy […]
Beirut: Israel and Lebanon have been embroiled in a dispute over the Mediterranean Sea, rich in natural gas. Hezbollah, the Lebanese terrorist group, threatened that if Israel invades Lebanese territorial waters and explores for fuel, it will face a strong retaliation. They further stated that they do not care if this leads to a war […]
Berlin/ Vienna/ Moscow: Russia has warned the nations which sanctioned Russia to pay the fuel price in Ruble currency. Russian President Vladimir Putin has also issued an order in this regard. Consequently, the European nations have taken steps fearing that Russia could cease fuel supply to those who oppose this decision. Hence, Germany and Australia […]
Doha: – The European Union has not agreed to sanctions against the Russian fuel sector. Western media claimed that the European countries had appealed to Qatar to fulfil their fuel needs and have been successful. But the Qatari Energy Minister has confessed to Europe that Qatar cannot replace Russia as the biggest supplier of fuel […]
Tehran – Iran witnessed a major cyber-attack that crippled its gas stations on Tuesday, resulting in long queues of cars. No one has yet accepted the responsibility for the attack. Iran in the past had held Israel responsible for such attacks. The Iranian government has subsidised fuel and natural gas for its citizens and has […]
Moscow – In defiance of the opposition from the United States and other leading countries, Russia has initiated the process to fill gas in the completed ‘Nord Stream 2’ fuel pipeline. This development becomes significant given the fuel crisis developing in Europe. Last month, the Russian company Gazprom declared that the ‘Nord Stream 2’ pipeline […]
Jerusalem: – Egypt and Israel have come to agreement over underwater gas pipeline to link natural gas supply from the Leviathan Gas Field to LNG plants in Egypt. The meeting regarding this was held in the presence of Israeli Prime Minister Benjamin Netanyahu. This pipeline is believed to be an extension of the EastMed Pipeline between Israel and the European countries. The Egyptian Energy […]
Jerusalem: The Israel government has sanctioned the plan to supply natural gas from Israel and Cyprus to the European countries. This decision was taken in the meeting of the Israeli cabinet of Ministers, held on Sunday. Israeli Energy Minister Yuval Steinitz reacted that this decision is a historic step. In the last few years, Russia […]