COGNICURRENT

Iran has blocked a crucial choke point for oil and gas supplies from Gulf countries, leading to market uncertainty following an Israeli-American attack on Iran.

European gas prices skyrocketed by over 50% following a significant attack by Iran on Qatar that halted LNG production.

The Oslo Stock Exchange has seen a significant rise in its main index, boosted by surging gas and oil prices, particularly driven by developments in Qatar.

Gas supplies to Poland are reported to be secure; however, rising geopolitical tensions in the Middle East could lead to increased market prices.

Wall Street experienced a significant drop in stock prices as investors fled to quality assets amidst the escalation of the war in Iran, which drove up prices of gold, oil, and gas.

The ongoing conflict involving the US, Israel, and Iran has led to significant increases in oil and gas prices, negatively impacting stock markets in Germany.

Oil and gas prices surged, while stock markets declined due to the ongoing conflict in the Middle East initiated by U.S. and Israeli attacks on Iran.

Nigeria's NNPC Gas Master Plan 2026 aims to transform the country's gas sector into a coordinated commercial market, addressing supply shortages amidst abundant reserves.

Oil and gas prices surged while stock markets experienced declines following the escalation of conflict in the Middle East due to U.S. and Israeli attacks on Iran.

Natural gas prices surged by over 22% as tensions in Iran affected market stability.

The Paris Stock Exchange experienced a significant drop of 2.36% at opening due to rising oil and gas prices amidst military operations against Iran and Tehran's retaliatory actions in the Middle East.

Natural gas futures in Europe have surged by 21.4% due to geopolitical tensions in the Middle East and low storage levels.

European natural gas prices have surged by 25% due to escalating tensions in the Middle East, raising concerns over global energy supply disruptions.

Norwegian Energy Minister Terje Aasland expresses concerns over the volatile oil and gas prices following military actions in the Middle East, particularly due to the recent escalation involving Israel and Iran.

The escalation of conflict in the Middle East threatens to cause the most severe disruption in the global natural gas market since Russia's invasion of Ukraine in 2022.

Multiple tanker owners, oil companies, and brokers have halted the movement of oil, refined fuels, and liquefied natural gas ships through the Strait of Hormuz following US and Israeli actions against Iran and Iran's retaliatory measures in the Middle East.

The Strait of Hormuz is a critical global chokepoint for oil and gas transportation, with rising tensions potentially impacting supply routes.

A gas cylinder explosion occurred in a meat shop in Betiah, Bihar, causing panic in the market area.

Erasmus Shipinvest Group has added the new LPG carrier 'Gas Long' to its fleet.

Greek Prime Minister Kyriakos Mitsotakis addressed recent comments by Antonis Samaras, emphasizing Greece's strategic role in the natural gas market while criticizing those who express undue concern about the country's agreements.

Erasmus Shipinvest Group has taken delivery of the new LPG carrier "Gas Long," which has a capacity of 5,000 cubic meters and is part of a long-term contract with Equinor for transporting gas in the European market.

Israel faces a gas supply crisis due to infrastructure development delays and increased winter demand, leading to tensions between government ministries.

Ethiopia's ban on gasoline and diesel car imports is accelerating the adoption of electric vehicles in the country.

An article highlights Greece's ambition to establish itself as a key entry point for LNG imports into Europe amid the transition to ban Russian natural gas.

The Financial Times reports that Greece is emerging as the southern gateway to Europe for liquefied natural gas (LNG) imports, particularly from the US, as the EU prepares for a full ban on Russian gas by 2027.

Eni plans to re-enter the oil and gas trading market after seven years away, aiming to align with major competitors like BP and Shell.

Italy has approved a package worth approximately 3 billion euros aimed at reducing wholesale energy prices to protect household purchasing power and support business competitiveness.

Nigeria's gas production in 2025 reached 2.71 trillion standard cubic feet, with approximately 35% being exported according to regulatory data.

Elenger will increase the price of natural gas for households on a flexible package starting from March.

Elenger, an energy supplier in Estonia, is increasing its natural gas price for flexible package residential customers from €0.52 to €0.598 per cubic meter starting March.

A gas leak occurred at a K-Market in Muurame, but no injuries were reported after the evacuation of customers.

A gas leak occurred at a K-market in Muurame, Finland, leading to the evacuation of customers and quick response from emergency services.

The Norwegian government has no plans to subsidize a gas pipeline from the Barents Sea, indicating there is insufficient proven gas to justify the investment.

Poland is experiencing record demand for electricity and gas in January 2026, leading to unprecedented costs driven by various factors affecting the energy market.

The U.S. and other stakeholders are strategizing to align political and economic objectives for the Vertical Corridor project amid market uncertainties and geopolitical tensions.

The Nigerian Exchange Limited reached a record market capitalization of N110.23 trillion, driven by significant gains in the Oil & Gas sector.

Donald Trump's aggressive foreign policy is reshaping the oil and gas market, facilitating new deals for major U.S. companies like ExxonMobil and Chevron.

Gazprom has reported a new record for gas supplies to Russian consumers for the fourth consecutive day to combat the cold weather.

Dorian LPG Ltd. reports a significant rise in revenue and profits for the quarter ending December 31, 2025, attributed to a strong liquefied gas transport market.

Pablo Galante Escobar, director of LNG at Vitol, indicated that a more than 50% increase in the supply of liquefied gas from 2024 to 2030 will create price pressures in the market, despite concerns about oversupply from increased LNG production capacities coming into operation between 2026 and 2029.

Shell reported an 11% increase in net profit to $17.84 billion for the year 2025, aided by higher volumes and lower costs despite falling oil and gas prices.

Despite a significant decline in gas prices on the stock market, Estonian gas suppliers are set to raise prices for households in March due to low gas reserves in the EU.

The recent depreciation of the US dollar against the euro brings mixed messages for Estonia, complicating the export market for exporters while providing slight relief to everyday consumers in terms of lower prices at gas stations and stores.

The 21st edition of the Liquefied Natural Gas Conference has kicked off in Doha, focusing on the latest market trends and innovative technologies shaping the future of the LNG industry amid challenges in the energy sector.

The largest energy producer in Poland suggests that raising the gas exchange obligation level to 85% will increase supply pressure, leading to greater availability and competition in the wholesale gas market.

Natural gas prices in Europe are experiencing their largest weekly increase in two years, driven by cold weather, geopolitical risks, and limited supplies, raising market volatility.

Wholesale gas prices for the European market have surged above 35 euros per megawatt-hour, reaching their highest level since last August due to forecasts of colder weather and lower wind energy production.

The article discusses the ongoing transition in the German electricity market where renewable energy is increasing, while conventional energy sources are being phased out, raising concerns about energy supply during low production periods.

The energy group CEZ has completed the acquisition of the Gas Distribution company from E.ON, allowing it to manage gas distribution across the Czech Republic, except for Prague.

The article discusses Orlen Upstream Norway's participation in new gas concessions in Norway, their growth strategies in the Norwegian gas market, technological advancements impacting project profitability, the significance of the APA concession round for gas resource acquisition, assessment criteria used by the Norwegian government for concession allocation, and Orlen's progress in the Norwegian extraction sector.