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Egypt Shuns Millions of Barrels of Oil Cargoes in Shift to LNG

Egypt Shuns Millions of Barrels of Oil Cargoes in Shift to LNG

Egypt gave up on more than 2 million barrels of petroleum cargoes it offered to buy when gas supplies from Israel were briefly cut, after securing massive amounts of LNG to help meet its electricity generation needs.

Kilis-Aleppo Natural Gas Pipeline Opened: Gas Flow from Turkey to Syria Started

Kilis-Aleppo Natural Gas Pipeline Opened: Gas Flow from Turkey to Syria Started

Turkish Minister of Energy and Natural Resources Alparslan Bayraktar called on European countries to support infrastructure projects for the return of Syrians in Europe. Turkey, Qatar, Azerbaijan and Syria are supporting a project that will provide electricity to 5 million households in Aleppo

Ukraine Begins Importing Natural Gas Through Bulgaria, Romania

Ukraine Begins Importing Natural Gas Through Bulgaria, Romania

Ukraine's Naftogaz Group has signed the first agreement with the company SOCAR Energy Ukraine, part of the Azerbaijani SOCAR group, for the purchase of natural gas from Azerbaijan. The gas will come through the Bulgaria-Romania-Ukraine corridor to alleviate Ukraine's energy consumption

Bosnias Energoinvest Doubles Net Profit y/y in H1

Bosnia's Energoinvest Doubles Net Profit y/y in H1

Bosnian energy infrastructure company Energoinvest said its net profit jumped 102.6% year-on-year to 7 million marka ($4.1 million/3.6 million euro) in the first half of 2025