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Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia
... and more. Thus, the deal is mutually beneficial: Europe receives guarantees of energy security and predictability, while the US gains market expansion and investment influx.
Leaders on both sides of the Atlantic have positively assessed the agreement. European Commission President Ursula von der Leyen stated that this pact would bring the much-needed stability and predictability for businesses in the EU and the US. The Chancellor of Germany welcomed the reduction of American tariffs, noting that the deal helped ...
An expert explained the increase in gas production in Russia by the rise in supplies to the EU.
... of which 54 million m³/day were delivered through the Balkan branch of the TurkStream pipeline, according to data from the European Network of Transmission System Operators for Gas (ENTSOG)," Tereshkin said.
The expert noted that the increase ... ... 98 billion rubles in absolute terms.
"In the medium term, the dynamics of gas production will largely depend on the commissioning of technological lines for the Arctic LNG-2 project, as well as demand in the energy sector and housing sector. ...
Energy Sector News - Friday, August 1, 2025: Brent Holds Above $72; European Gas Storages Record High Filled
... generation continues to grow to meet the rising demand.
The largest consumer of coal—China—is likely to maintain its burning levels at that of last year or slightly reduce them in 2025 (a decline of less than 1% is expected compared to 2024). Meanwhile, European countries, having filled their gas storages and commissioned new RES capacities, are actively reducing coal-based generation. Following a surge in coal generation in 2022-2023 (when coal temporarily replaced costly gas), coal's share in the EU energy system is once again declining. However, coal remains ...
Energy Sector News, Saturday, July 26, 2025: Brent Around $70, Record Gas Supplies, Market Reaction to Gasoline Export Ban
... GW of solar capacity were installed in China — an unprecedented scale. As a result, over 90% of all new energy capacities commissioned in China this year have been derived from clean sources. At the same time, to ensure base load, China continues to ... ... EU have virtually ceased due to the existing embargo, while pipeline gas deliveries have been lowered to minimal volumes. The European Union is actively developing infrastructure for receiving LNG (new terminals are being built, and long-term contracts ...
Risks of Gas Supply Disruptions for Europe in Winter
... However, dependence on a single region remains a vulnerable position for the EU. In response to this issue, the EU is expanding cooperation with Algeria and other North African suppliers.
3. Creating Strategic Reserves and Enhancing Energy Efficiency
The European Commission is urging EU member states to actively build gas reserves, which can help stabilize supplies in the event of disruptions. Alongside this, EU countries are developing energy efficiency programs aimed at reducing gas consumption. Improving energy ...