Europe
Mercuria and Motor Oil Hellas sign MoU to cooperate on LNG supply through Dioriga Gas FSRU
Mercuria Energy and Motor Oil Hellas (MOH) have signed a Memorandum of Understanding (MoU) establishing a framework for long-term cooperation in connection with the Dioriga Gas floating storage and regasification unit (FSRU) project in Greece's Saronic Gulf.
Ukraine reduces gas storage rates to encourage buildup before winter
Ukraine has Europe's largest underground gas storage capacity, with facilities able to hold more than 30 Bm3 of gas.
Turkey's BOTAS signs deal with Italy's Edison for natural gas and LNG cooperation
Under the agreement, natural gas and liquefied natural gas supply opportunities and joint commercial prospects will be assessed.
QatarEnergy extends force majeure until mid-August, Italy's Edison says
Edison holds a long-term contract with QatarEnergy for the supply of 6.4 Bm3y of liquefied natural gas per year to Italy which has been impacted since April by disruptions linked to the Iran war.
Russia says Armenia could lose cheap gas if it turns away, ahead of Rubio visit
Armenia is a member of a Russian-led economic union and heavily dependent on Russia for energy supplies, but in recent years it has sought deeper ties with the European Union, including adopting a law last year to launch its accession process to the bloc.
Ukraine aims to triple biomethane output to 150 MMm3 in 2026
Prior to the war with Russia, Ukraine was nearly self-sufficient in natural gas, meeting almost all of its needs through domestic production.
U.S. gas exporters ask to push back EU methane regulation
The EU methane law requires that, from January 2027, imported gas must comply with monitoring and verification rules equivalent to Europe's, or meet a voluntary industry standard known as "Oil and Gas Methane Partnership 2.0 level 5".
EemsGas project receives commitment for €150-MM operating subsidy for green gas production
EemsGas Project – with an investment of €100 million becoming one of the largest production facilities for biomethane (green gas) in the Netherlands – has received an SDE++ subsidy grant from the Netherlands Enterprise Agency (RVO). This provides an operating subsidy worth €149.8 million. The subsid..
Svanehoj acquires H&K Services B.V.
H&K Services will operate under the Svanehoj EPS name from its current location in Stellendam, the Netherlands, close to Svanehoj’s regional service site in Oud Gastel.
GAZ-SYSTEM’s Gdansk FSRU launched at HD Hyundai Heavy Industries’ shipyard in South Korea
The FSRU program being implemented by GAZ-SYSTEM has reached another important stage. In May, the FSRU vessel was launched at the HD Hyundai Heavy Industries shipyard in South Korea; by the end of 2027, it will arrive to the Gulf of Gdańsk and become the heart of Poland’s first FSRU Terminal. ..
EU Commission thinks Europe can cut gas consumption by 15 Bm3 this year
European countries are better prepared to face the disruption caused by the Iran war since they already had regulation in place, allowing them to react, following the energy crisis triggered by Moscow's invasion of Ukraine.
What is Russia's Power of Siberia 2 natural gas pipeline to China?
China, the world's biggest oil and gas importer, is a major buyer of Russian energy products.
Tanker delivers Russian LNG to China after almost six months at sea
Depending on the route, it usually takes up to 45 days to deliver an LNG cargo from Russia to Asia.
Russia faces lower LNG revenue as shift to Asia doubles costs
The European Union plans to fully phase out Russian LNG imports from the beginning of 2027 as part of its sanctions pressure on Moscow over the war with Ukraine.
Serbia to submit final proposal on NIS to Hungary's MOL
Russia's Gazprom Neft and Gazprom agreed to sell their 56% majority stake in NIS to MOL in January after the U.S. demanded the divestment of Russian-owned shares due to sanctions over Moscow's war in Ukraine.
MOL expands the Szarvas Biogas plant with a new biomethane unit
MOL is expanding the Szarvas Biogas Plant with a biomethane unit. As a result of the development, the plant is able to produce biomethane from biogas of such purity that it can be fed into the national natural gas network. The facility is expected to be completed by the end of the year and will prod..
Bigadan inaugurates one of the world’s first complete value chains for permanent storage of biogenic CO₂ from biogas
CO₂ from Danish biogas production can now be captured, transported, and permanently stored in the North Sea through a fully integrated commercial value chain — an important step in the development of negative emissions in Europe. On 20 May, Bigadan will inaugurate a new CO₂ facility at Kalundbo..
Burckhardt Compression expands its offering in biogas through the acquisition of Fornovo Gas in Italy
Burckhardt Compression has signed an agreement to acquire Fornovo Gas, one of the European leaders in gas compression solutions for biogas and compressed natural gas applications.
EU's rising reliance on U.S. gas brings risks, regulators warn
EU countries have tripled imports of U.S. liquefied natural gas since 2021 as they race to phase out Russian energy.
Norway's Hammerfest LNG repairs broken valve after shutdown
The facility, also known as Melkoeya LNG, accounts for roughly 5% of all Norwegian gas exports.
Germany faces supply risk in cold winter, gas storage group warns
In a cold scenario based on the temperature levels of reference year 2010, Germany faces supply deficits totaling 20 terawatt hours (TWh) during January, February, and March 2027.
Russia revises down oil and gas production and exports forecasts for 2026–2029
Russia has faced challenges to its oil and gas industry, including western sanctions and Ukrainian drone attacks on its energy infrastructure which led to oil output decline in early April.
Seven markets to track if peace breaks out in the Middle East
Here are key charts - across crude, products, shipping, gas, industrial commodities and equities - to gauge whether markets are pricing a temporary easing of tensions or a structural shift in global supply and demand if a peace deal emerges.
IEA says Middle East conflict altering medium-term gas outlook
Iranian attacks have knocked out 17% of Qatar's LNG export capacity, threatening supplies to Europe and Asia ahead of the summer season typically used to fill up storage ahead of the winter.
Engie's LNG chief says Europe should have enough gas this winter
With the European Union's plan to phase out Russian LNG imports by the end of 2026 and Russian pipeline gas by the end of September 2027, more Eastern European countries have approached Engie asking for a similar supply deal to the one the company has reached with Hungary.
Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG
The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia.
Russia's LNG exports up 8.6% in January to April
U.S. sanctions against Moscow over the Ukraine conflict have restrained Russian LNG exports, particularly from the Arctic LNG 2 plant, where operations have been hindered owing to difficulty securing buyers.
Russia adds four LNG tankers to its fleet before Europe's imports ban
The European Union in January gave its final approval to a ban on Russian gas imports by late 2027.
U.S. signs energy and AI deals with Balkan countries as its influence widens
The U.S. is seeking to deepen ties and counter the influence of Russian oil and gas in southern Europe, having signed a long-term deal last year to export liquefied natural gas to Greece.
Fresh EU sanctions set to hit condensate imports from Russia's Yamal LNG
New European Union sanctions will ban condensate imports from Yamal LNG and other Russian projects that produce the light fuel as a byproduct of their liquefied natural gas production from January 1, 2027, according to the EU's official journal. The European Union on Thursday formally approved a 90..
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- NextDecade to use Honeywell liquefaction technology for 30-MMtpy LNG terminal
- Wärtsilä continues to expand its data center footprint with new 790 MW order in Texas
