Changes to future EU gas storage targets being negotiated by European Union countries could, if approved quickly enough, also soften this year's binding storage-filling requirements, EU diplomats told Reuters.

Our correspondent’s guide to reindeer stew and floating saunas

Germany's lower house of parliament on Friday passed a change to energy law entailing a waiver from Jan. 1, 2025, of a domestic market gas storage fee on border points and virtual trading hubs, thus freeing foreign consumers of a costly price element.

Norway's Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.