US, Israel, Cyprus, Greece Reaffirm Regional Energy Cooperation

US, Israel, Cyprus, Greece Reaffirm Regional Energy Cooperation

Israeli Prime Minister Benjamin Netanyahu, Cypriot President Nicos Anastasiades, Greece’s Prime Minister Alexis Tsipras, and US Secretary of State Mike Pompeo on 20 March agreed to increase regional cooperation, including energy, and to defend against “external malign influences” in the Eastern Mediterranean and the broader Middle East.

Polish LNG Terminal Regasification Capacity Increase Cleared by the EU

Polish LNG Terminal Regasification Capacity Increase Cleared by the EU

Poland can move ahead with plans to support the increase of the regasification capacity from 5 to 7.5 billion cubic metres per year, as well the development of additional functionalities, of the LNG terminal in Świnoujście, following the approval of the European Commission on 18 March.

MEPs Oppose Nord Stream-2 in European Parliament Resolution

MEPs Oppose Nord Stream-2 in European Parliament Resolution

While taking into consideration the EU’s current relations with Russia, the European Parliament on 12 March adopted a non-binding resolution by a 402 to 163 margin, with 89 abstentions, to oppose the Nord Stream-2 underwater natural gas pipeline that stretches from Russia to Germany via the Baltic Sea.

Europe Grounds Boeing 737 Max Fleet

Europe Grounds Boeing 737 Max Fleet

Europe’s Aviation Safety Agency (EASA) issued a ban on flights of Boeing’s 737-8 and 737-9 Max planes on 12 March after an Ethiopian Air flight crashed on 10 March, killing all 157 of the passengers onboard.

Gazprom’s Boosts Gas Supplies to Austria by 32.9% in 2019

Gazprom’s Boosts Gas Supplies to Austria by 32.9% in 2019

Russian gas monopoly Gazprom said the company increased gas supplies to Austria by 32.9% in early 2019. Gazprom Chairman Alexey Miller held a working meeting with Austria’s OMV Chairman Rainer Seele in Moscow on  6 March to review current issues related to their cooperation, including the growth in gas exports to Austria.

EU Funding to Support Climate and Environmental Goals

EU Funding to Support Climate and Environmental Goals

The European Parliament’s Foreign Affairs and Development committees have adopted their joint position on the proposed Neighbourhood, Development and International Cooperation Instrument (NDICI), supporting development, climate and environmental goals.

Cyprus’ New Glaucus-1 Gas Field Can Boost EU Energy Security

Cyprus’ New Glaucus-1 Gas Field Can Boost EU Energy Security

A major offshore natural gas discovery in the Eastern Mediterranean near Cyprus at the Glaucus-1 well by US energy giant ExxonMobil said on February 28 will increase the region’s geopolitical importance and reduce Europe’s energy dependence, leading experts told New Europe at the Delphi Economic Forum.

ExxonMobil Makes Major Discovery Off Cypriot Coast

ExxonMobil Makes Major Discovery Off Cypriot Coast

US energy giant ExxonMobil said on February 28 that it has made an offshore natural gas discovery in the Eastern Mediterranean near Cyprus at the Glaucus-1 well.