The EU talks about ditching Russian gas fast, but high U.S. LNG prices and the need for price stability mean it keeps buying Russian LNG. Europe is now the biggest buyer of both U.S. LNG and Russian LNG. Brussels aims to end Russian energy imports by ...

As Finland is striving to free itself from Russian energy imports, the country remains crucially dependent on its neighbor for fueling the transition.Olkiluoto island on the western coast of Finland used to be just an energy hub for the country bordering ...

Turkey finalised a one-year extension of its expiring gas import contracts with Russia that total 22 bcm, and is considering investing in U.S. gas production, Turkey's energy minister said.

The Russian government is discussing potential tax relief for Gazprom, which would likely be offset by increased taxes on other Russian natural gas producers. Gazprom has experienced significant financial difficulties since reducing pipeline gas deliveries ...

Russia expects its natural gas sales to China to be less lucrative than westbound exports, underscoring the downside to the Kremlin’s growing reliance on the Asian nation. Gas prices for China are expected to be at least 27% lower than for shipments ...