The gas storage rules were introduced in 2022 after Russia slashed deliveries following its invasion of Ukraine, to ensure EU countries had a buffer of stored fuel during winter. Sign up here.

European Union members reached a deal on Friday to extend gas storage regulations through 2027, while also allowing for flexibility to avoid artificial hikes in gas prices. The new deal includes a ...

Today, member states' representatives (Coreper) approved the Council’s position on amending the gas storage regulation. The Council agreed to extend gas storage rules by two years while providing ...

European Union member states are putting forward an option that may make this year’s gas storage target more flexible, according to people familiar with the matter. The draft regulation for gas ...

The U.S. is ending winter with low natural gas storage levels that could lead to soaring prices by year-end if production doesn’t increase to meet rising demand. During the months of April ...

Energy traders noted that forecast decline in gas demand should allow utilities to keep adding the fuel to storage in the coming weeks. Sign up here. Front-month gas futures for April delivery on ...

1506 ET – U.S. natural gas futures shake off a bearish storage report and settle higher as the market looks to demand for gas to refill inventories over the summer. Prices fell after the EIA ...

EU gas prices have retreated since mid-February as the heating season and winter are coming to an end. A group of EU member states argue that EU storage goals should be more flexible. With EU ...

Already set to supply the company’s Integrated Compressor Line (ICL) units for gas storage, injection and export, Baker Hughes’ broad portfolio is helping to create a reliable power system ...

gravity storage using water – and compressed-air energy storage, which could potentially store energy in the approximately 3.9 million depleted oil and gas wells in the United States.

The value of avoiding a m or gas outage was estimated at $272m to $1.6bn by the Australian Energy Market Commission when it signed off on the Dandenong storage measures in 2022. The Dandenong ...

Baker Hughes is already providing its Integrated Compressor Line (ICL) units for gas storage, injection, and export. “Baker Hughes has built a reputation as a leader in coiled-tubing drilling ...