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$11 Billion Investment Agenda on Gazprom’s 2026 Horizon

$11 Billion Investment Agenda on Gazprom’s 2026 Horizon

Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.

Nigeria Bets on Long-Delayed Gas Pipeline to Ignite an Industrial Boom

Nigeria Bets on Long-Delayed Gas Pipeline to Ignite an Industrial Boom

Nigeria’s state oil and gas company is planning to jumpstart an industrial boom in the north of the country thanks to a much-delayed gas pipeline, Reuters has reported, citing the chief executive of the Nigerian National Petroleum Company. “This is not just about energy,” Bashir Ojulari said. “It’s about industrialisation - fertiliser plants, power generation, and gas-based industries 

ΙΕΑ: New Podcast Episode Explores the Shifting Geography of Energy Demand

ΙΕΑ: New Podcast Episode Explores the Shifting Geography of Energy Demand

The latest episode of the IEA’s Everything Energy podcast looks at how the geography of global energy demand is changing – an important trend with major implications for policymakers and the energy sector as a whole. For decades, energy consumption was largely concentrated in advanced economies such

Serbia Signs Short-Term Gas Deal With Russia

Serbia Signs Short-Term Gas Deal With Russia

Serbia has agreed to extend its gas supply arrangement with Russia for three months, President Aleksandar Vučić said on Tuesday, as the country continues to seek a long-term contract.

Where is the LNG Market Heading?

Where is the LNG Market Heading?

Over the past year, Europe’s gas market has undergone one of the most dramatic transformations in its history. Liquefied natural gas (LNG), once a supplementary source of supply, has become a central pillar of the continent’s energy system. This shift was not the result of long-term planning but of necessity, 

North Macedonias ESM Signs 97 Mln Euro KfW, EBRD Loans for Energy Projects

North Macedonia's ESM Signs 97 Mln Euro KfW, EBRD Loans for Energy Projects

North Macedonia’s electricity producer ESM said on Monday it signed contracts with Germany's KfW and the European Bank for Reconstruction and Development (EBRD) for loans worth a total of 97 million euro ($114 million) for the development of the Bitola 3 solar power plant and the revitalisation of state-owned hydropower plants

Russias Pipeline Gas Exports to China Seen Up 25% This Year, Source Says

Russia's Pipeline Gas Exports to China Seen Up 25% This Year, Source Says

Russia's pipeline exports of natural gas to China are expected to have risen by a quarter this year, a source familiar with the data told Reuters on Monday, as Moscow ramps up sales to Asia and cements ties with the world's largest energy consumer

Oil Reserves, Financial Power and Risk: The US, China and Cyprus

Oil Reserves, Financial Power and Risk: The US, China and Cyprus

Strategic petroleum reserves were conceived as long-horizon insurance instruments, activated only during severe supply disruptions and largely insulated from short-term market management. That design assumption no longer holds

EU Countries Approve Year-Long Delay to Deforestation Law

EU Countries Approve Year-Long Delay to Deforestation Law

European Union countries on Thursday approved a deal to delay the anti-deforestation law by a year following pushback from industry and concerns the digital system to enforce it was not ready, the Council of the EU said, clearing the final legal hurdle for the delay to pass into law

EBRD Invests in Aktor’s Debut Bond Issuance in Greece

EBRD Invests in Aktor’s Debut Bond Issuance in Greece

EBRD’s €20 million investment in AKTOR’s first bond issuance of €140 million. Bank proceeds to finance renewable energy, battery storage, social infrastructure, water and wastewater projects in Greece

Romania’s Biggest Battery System Put Into Operation

Romania’s Biggest Battery System Put Into Operation

Nova Power & Gas has commissioned the largest battery energy storage system in Romania, doubling the country’s total capacity. The installation in Florești, Cluj County, has an operating power of 200 MW and a capacity of 400 MWh