Germany will lower legally-binding gas storage targets by as much as half as it seeks to ease pressure on stockpiling ahead of the next heating season.
QatarEnergy entered a major 25-year condensate supply agreement with Shell International Eastern Trading Company (SIETCO), a Singapore-based subsidiary of Shell plc, making it the longest and largest condensate deal in QatarEnergy’s history.
Austrian oil and gas group OMV announced that gas production from the landmark Neptun Deep project in Romania's Black Sea is scheduled to commence in 2027, marking a significant milestone for European energy security.
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