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Europe sets out new Russian gas restrictions

Gas
May 7, 2025

Europe is to stop new contracts with suppliers of Russian gas (pipeline and LNG) and existing spot contracts will cease by the end of 2025.

The measures aim to ensure that the EU will slash remaining supplies of Russian gas by a third by the end of this year.

The European Commission announced the changes yesterday as part of broader measures to phase out all imports of Russian oil and gas by the end of 2027.

Despite sanctions, Russian LNG has continued to flow into Europe.

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Gas
May 26, 2026

Enoc Group explores importing SAF from Uzbekistan

By 31 min ago 2 min read The UAE’s Enoc Group is to explore the offtake and distribution of sustainable aviation fuel (SAF) and e-SAF with Allied Biofuels Holding. The…

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Meca-Inox scales industrial valve manufacturing in Spain and China

By 38 min ago 1 min read French industrial valve manufacturer Meca-Inox has acquired Spanish industrial valve specialist Bac Valves to build its presence across the European market. The purchase…