It is not “not realistic” to purge Russian gas flows from Europe via its remaining pipeline to the region by the end of 2027 unless significant steps are taken, analysts told Montel this week. https://t.co/VenHEQ5ZGa
Europe’s gas market must find a solution to incentivise replenishment of its storage facilities, in part by continuing to attract LNG to the region or it could face price spikes next winter, the head of trading firm Vitol said. https://t.co/V251FwpRGS
A bombing of a key coal railway in Colombia – Europe’s largest thermal coal supplier – could result in some export disruption but have a limited impact on European coal prices, market sources said on Thursday. https://t.co/GJ72fV7eLC
Oil majors are cutting renewable investments and ramping up investment in fossil fuels, claiming to prioritise affordability and supply security over the energy transition amid momentous geopolitical developments in recent years. https://t.co/ef0I40pjIF
Growing US hostility towards Europe could see the bloc turn its back on fresh transatlantic energy deals, amid concerns about the reliability of a country until now considered a staunch ally, analysts told Montel. https://t.co/sWzmTbJMNW
Russian claims that it has not been targeting Ukraine’s civilian energy infrastructure are “crazy”, with the country having endured hundreds of attacks on the system, affecting the lives of millions, regional sources told Montel on Thursday. https://t.co/tUPRRYGq5F
Europe could require around 45% more gas this summer to meet stringent storage injection targets, in the wake of a colder 2024-25 winter with limited wind generation, an International Energy Agency (IEA) analyst said on Friday. https://t.co/lkjiuoJl6E
A Ukraine peace deal could conceivably raise the possibility of increased Russian gas flows to Europe and a relaxing of sanctions on its LNG infrastructure, although Europe may no longer need these extra volumes, analysts told Montel. https://t.co/RCO7jkjiwW
Seaborne vessels, including those carrying coal and LNG, continue to avoid the Suez Canal, despite the easing of Middle East tensions, as geopolitical uncertainty and the lingering threat of attacks keeps insurance costs high. https://t.co/bb2slXfkdM
🔒Cyber attacks “have become an integral part of the hybrid war against Ukraine”. Cyber expert Yurii Shatylo, part of DTEK’s cyber and technology firm MODUS X, talks to @montelnews about the growing threat of cyber attacks and data theft as russia’s war against Ukraine approaches its third year. DTEK has repelled millions of attempted cyber attacks since the full-scale invasion.
“The lesson that other countries should learn from Ukraine’s experience is that strengthening cybersecurity is an important foundation of resilience for businesses and the state.”
Read more: https://t.co/z9B8jPHB3J
#CyberSecurity #CyberAware #FightForLight
Cyberattacks on Ukraine’s energy infrastructure, including nuclear, have escalated as Russia’s invasion enters a third year, the head of cybersecurity at Ukrainian tech firm Modus X told Montel. https://t.co/pj1liNRtqF
Any negotiations to end Russia’s war in Ukraine could include the possible resumption of gas flows via the beleaguered country to Europe but the volumes may not be required by the time they returned, analysts told Montel. https://t.co/7x2I9Di1EI
Ukraine’s ministry of defence declined to comment on Monday on Russian reports of an attack on a TurkStream pipeline compressor station, which drove up gas prices in early trading, telling Montel such a claim was “propaganda”. https://t.co/RfMEDTomXV
Russia will halt gas exports to Europe via Ukraine from tomorrow as a five-year transit deal expires, TSO data showed on Tuesday. https://t.co/mext3KOH5s
There will be no deal to continue gas transit flows via Ukraine to the EU next year, Russian president Vladimir Putin said on Thursday. https://t.co/1ymajfp9n2
Energy firms and TSOs from Slovakia, Austria, Italy and Hungary are calling on the European Commission to support ongoing gas transit via Ukraine, citing its importance for regional energy security, Slovakian energy firm SPP said https://t.co/LPH5Ak1siR
The Ukrainian gas TSO has not offered any extra monthly transit capacity for January, making the likelihood of an extension to such flows to the EU next year less likely, market participants said https://t.co/budnYB4AZu
Sanctions on Russia’s Gazprombank are unlikely to halt gas flows to Europe or Turkey with a workaround expected to be forged to appease all sides, although some risk of disruption remains, say market participants. https://t.co/F9uGN0zaAy
Meetings between the Moldovan government and Russian’s Gazprom are unlikely to signal a looming deal to extend gas flows via Ukraine post-2024, with talks instead likely to have focused on alternative routes, market analysts said https://t.co/ollsbohOnb