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Europe targets Russian LNG and supports Ukraine renewables push

Gas
February 24, 2025

Europe is targeting Russian LNG projects under new sanctions and pledging 1.5 gigawatts (GW) of renewables investment to Ukraine, on the third anniversary of Russia’s invasion.

Under a 16^th package of sanctions, the EU extends the prohibition to provide goods, technology and services for the completion of Russian LNG projects, and crude oil projects in Russia, such as the Vostok oil project, and extends the existing software ban to restrict the export, supply or provision of oil and gas exploration software to Russia.

The EU has decided to completely prohibit temporary storage or the placement under free zone procedures of Russian crude oil or petroleum products in EU ports, which was until now allowed, if the oil complied with the price cap and went to a third country.

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Gas
April 17, 2026

French refuelling firm orders $7m of Nel electrolysers

By 33 min ago 2 min read Nel Hydrogen has received an order for $7m worth of PEM electrolysers from a French multi-energy refuelling company. Under the deal, Mesure Process…

Gas
April 17, 2026

Video | Geopolitics, depletion and demand: the pressures on helium supply

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