France, Spain and Portugal agree to build Barcelona-Marseille gas pipeline

MADRID/BRUSSELS, Oct 20 (Reuters) – Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, replacing plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed. The route, dubbed BarMar, will mainly be used to pump green hydrogen and other … Read more

Factbox: Europe’s alternatives if Russia shuts off gas supply

LONDON, Oct 20 – Unexplained damage to the Nord Stream pipelines that run under the Baltic Sea have dashed hopes that Russian gas flow to Germany will resume anytime soon. Nord Stream 1 had been idle since the end of August for maintenance work, prompting concerns about supply to Europe if the outage was extended. … Read more

Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak times France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/LISBON, Sept 19 (Reuters) – Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures … Read more

The EU seeks $140 billion to insulate consumers from the energy crisis

Russia has steadily cut gas supplies to Europe European governments fork out billions to help businesses EU’s von der Leyen says aid so far ‘will not be enough’ BRUSSELS/DUESSELDORF, Sept 14 (Reuters) – The European Union’s executive outlined plans on Wednesday to raise more than $140 billion from energy firms to help shield households and … Read more