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Energy & Commodities · 13 days ago

EU imports from Russia's Yamal LNG hit record 9.97 million tons in January-June 2026

Kpler data showed EU countries received 136 cargoes from the Yamal LNG export facility in January-June 2026, totaling 9.97 million metric tons, about 16% more than a year earlier. France, Belgium and Spain were the main destinations as the EU implemented staged limits on Russian gas, including restrictions on short-term LNG imports and transshipment.

Companies & Earnings · a month ago

Eni joins Mercuria in Geneva-based 50-50 venture for global energy trading

Eni said it signed an agreement with Mercuria to create a 50/50 venture that will handle selected energy commercialization and trading activities, including oil, biofuels, natural gas, LNG and LPG, along with related logistics and infrastructure rights. Mercuria said the Geneva-headquartered platform is expected to start operating in 2027, subject to regulatory approvals.

Companies & Earnings · a month ago

ABF warns FY2026 sugar loss may widen to £60 million as gas costs rise

Associated British Foods said its sugar business expects a FY2026 adjusted operating loss of £25 million to £60 million after Q3 sugar sales fell 4%. It said higher gas cost expectations are pressuring the European outlook and could trigger onerous contracts, alongside lower European prices and rain-related production delays in Tanzania.

Energy & Commodities · a month ago

U.S., Qatar Raise Gas Supply Concerns Over EU Methane Import Regime

The EU regulation phases in importer disclosure from May 2025, equivalent methane monitoring and verification requirements from January 2027, methane-intensity reporting from August 2028 and an intensity threshold from 2030. U.S. and Qatari stakeholders have said unresolved equivalence standards and LNG traceability requirements could limit compliant volumes entering Europe.

Energy & Commodities · a month ago

Crimea Fuel Stations Report Shortages as Officials Say Russia Has Adequate Gasoline Supplies

Fuel stations in Crimea ran out of petrol on Thursday, according to Reuters witnesses, after new Ukrainian drone strikes on supply routes. The developments came as Russian authorities said domestic gasoline supplies remained sufficient, highlighting disruption in the peninsula linked to the latest attacks.