Europe

EU Parliament approves legal option to block Russian LNG imports

The European Parliament voted to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.

Germany's Mukran LNG terminal receives operating permit

Germany's Baltic Sea import terminal for LNG at Mukran on Ruegen island has received its operating permit under federal and state laws.

OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco

OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.

Investments exceeding $1 T needed for hydrogen infrastructure

Emmanouil Kakaras, Executive Vice President at Mitsubishi Heavy Industries, emphasized the necessity for substantial investments in infrastructure to facilitate the widespread adoption of hydrogen fuel in Europe and the United States.

Hapag-Lloyd receives largest LBM bunkering from STX Group and Titan Clean Fuels

STX Group and Titan Clean Fuels announced having successfully concluded a ship-to-ship bunkering of 2,200 metric tons of LBM to a Hapag-Lloyd container vessel in the port of Rotterdam.

bp in talks to sell some Trinidad upstream gas assets to Perenco

bp is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco.

Mabanaft announces successful acquisition of WESTFA Energy GmbH

Mabanaft announced that it has successfully completed the strategic acquisition of WESTFA Energy GmbH, including all its subsidiaries and shareholdings, following the earlier announcement of signing an agreement in December 2023 to purchase the business from Adeleon Familienholding GmbH, formerly WESTFA Holding GmbH.

German coalition agrees financing details of hydrogen network

Germany's ruling coalition agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.

ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe

ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.

Shell sees significantly lower Q1 LNG trading results

Shell said it expects significantly lower results from its LNG trading business in the first quarter of 2024 compared with the previous three months.

Shell, Aramco in final stage of Pavilion Energy talks

Shell and Saudi Aramco, which are competing to buy the assets of Temasek-owned LNG trading firm Pavilion Energy, are now locked in price negotiations after completing the due diligence process,.

VTTI to control Italy's biggest LNG terminal, Snam to get 30%

Energy storage group VTTI will get a 70% stake in Italy's biggest LNG terminal, with grid operator Snam owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalized by year-end.

Russia's Novatek may scale back Arctic LNG 2, focus on Murmansk

Russia's Novatek is being forced to scale back its huge Arctic LNG 2 project after Western sanctions curbed its access to ice-class tankers and will focus instead on developing its project at the ice-free port of Murmansk.

Henkel closes acquisition of specialized supplier for protective coating and sealing solutions

Henkel has successfully completed the acquisition of the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.

NextChem and Vallourec to merge green ammonia tech with hydrogen storage for "Power-To-X" projects

Maire announces that NextChem, through its subsidiary NextChem Tech, and Vallourec, agreed to cooperate on the integration of NextChem’s proprietary green ammonia technology with Vallourec’s Delphy hydrogen storage technology and its subsequent commercialization.

SIAD Americas LLC established by SIAD Macchine Impianti S.p.A.

SIAD Macchine Impianti S.p.A., a wholly owned subsidiary of SIAD S.p.A., has announced the formation of SIAD Americas LLC which will be headquartered in The Woodlands north of Houston, Texas (U.S.).

Dutch Senate delays Groningen gas field shutdown

The Dutch Senate has postponed a vote on a law to close permanently the Groningen gas field, angering the government that has said production would never resume because of the risk of earthquakes.

New retractable submerged pumps from Vanzetti Engineering

Vanzetti Engineering presents the new ESK-IMO series of retractable submerged pumps, which are used in Small-Scale LNG Terminals and as Emergency pumps or Cargo/Stripping pumps in the marine sector.

Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers

Novatek, Russia's largest producer of LNG, has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers.

U.S. March LNG exports flat as Freeport plant woes continue

U.S. exports of LNG fell slightly in March to 7.61 MMt from 7.73 MMt in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed.

Russian pipeline gas exports to Europe rise 4.5% in March m/m

Russian energy giant Gazprom's average daily natural gas supplies to Europe rose 4.5% in March from February levels and by almost 26% from the same month of 2023.

Moldova to buy U.S.-origin LNG from Greece for consumers

Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time.

Credit Agricole says it will not fund two major LNG projects

Credit Agricole said that it would not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.

Challenges in LNG delivery amidst Russia's energy market stability

Deputy Prime Minister Alexander Novak addresses challenges in LNG delivery, particularly concerning the Arctic LNG 2 project, amidst Russia's stable energy market despite drone attacks and sanctions.

Greece's DEPA files for arbitration over prices in Gazprom deal

Greek gas supplier DEPA Commercial has filed for arbitration to seek a price revision on its gas supply contract with Gazprom.

UK's greenhouse gas emissions fell 5.4% in 2023 on lower gas use

Britain's greenhouse gas emissions fell by 5.4% in 2023, government data showed, with less gas used to generate electricity and heat homes.

IKAV, VTTI buy majority stake in Italy's biggest LNG terminal

Dutch infrastructure group VTTI and German asset manager IKAV have teamed up to buy a majority stake in Italy's biggest LNG terminal.

Europe’s gas stocks point to healthy supply next winter

The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipeline gas in central Europe are working on alternative imports in case transit via Ukraine stops from January.

Gazprom's unit buys former Shell stake in Sakhalin Energy for $1 B

Kremlin-controlled energy giant Gazprom has acquired a 27.5% stake, formerly owned by Shell, in Russian LNG producer Sakhalin Energy for around $1 B, according to a government order.

SEFE to become sole shareholder of gas grid operator WIGA

German nationalized energy firm SEFE will take full ownership of gas transmission network WIGA by buying around half of it from joint venture partner Wintershall, in the latest sign of Berlin tightening its grip on energy infrastructure.