Europe

ADNOC and Occidental to advance direct air capture project in the UAE

ADNOC and Occidental announced, today, an agreement to undertake a joint preliminary engineering study for the construction of the first megaton-scale direct air capture facility outside the United States.

Gazprom to send 42.3 Mm3 of gas to Europe via Ukraine

Russia's Gazprom said it would send 42.3 Mm3 of gas to Europe via Ukraine on Tuesday, up from 41.2 Mm3 on Monday.

Moldova will no longer buy gas from Russia's Gazprom

Much of Moldova will no longer buy gas from Russian energy giant Gazprom, Moldovan Energy Minister Victor Parlicov said on Monday, referring to parts of the country that capital Chisinau controlled and not breakaway areas.

ADNOC top exec says oil and gas could remain relevant until 2050

Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.

Azerbaijan's gas exports to Turkey to reach 10.2 bm3 in 2023

Natural gas exports from Azerbaijan to Turkey have reached 7.4 bcm so far this year and are expected at 10.2 bm3 in 2023.

Gas prices fall as some Norwegian outages end

Dutch and British wholesale gas prices fell as Norwegian pipeline supplies picked up after some maintenance outages ended.

Czech government approves deal for Net4Gas purchase

The Czech government approved a plan for state-controlled electricity transmission grid operator CEPS to acquire natural gas transmission system operator Net4Gas.

Ukraine's Naftogaz starts gas production at five new wells

Ukrainian state-owned oil and gas firm Naftogaz, aiming to cover the country's needs with domestic production, has brought five new gas wells into operation.

Turkey to begin supplying Moldova with natural gas from October

Turkey will start supplying Moldova with 2 bcm of natural gas per day from October, state-owned Anadolu news agency said, in the second such agreement announced by Ankara in as many days.

Técnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement

Técnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide.

Pakistan receives first shipment of Russian LPG, Russian embassy says

Pakistan has received its first shipment of LPG from Russia, Moscow's embassy in Islamabad said, marking Islamabad's second major Russian energy purchase.

Turkey's BOTAS to begin gas exports to Romania

Turkey's state gas grid operator BOTAS signed a deal to supply up to 1.5 bcm of natural gas to Romania's OMV Petrom as Ankara expands its gas export reach.

Italy in talks with Bavaria on gas and hydrogen exports, eyes eastern Europe

Italy is in preliminary talks with Bavaria's government to supply gas and hydrogen to the southern German state, and also aims to sell energy to Austria and Hungary.

Natural gas prices edge lower as Norwegian supply increases

Dutch and British wholesale gas prices fell morning as the end of maintenance at some Norwegian gas infrastructure boosted supply and as high gas storage levels weighed on the market.

Norway's Equinor signs 5-year gas supply deal with Austria's OMV

Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria's OMV as part of the latter's supply diversification strategy.

Gazprom to send 42.4 Mm3 of gas to Europe via Ukraine

Russia's Gazprom said it would send 42.4 Mm3 of gas to Europe via Ukraine, compared to 41.8 Mm3 that was previously stated.

Wholesale gas prices correct downwards after previous rise on Norway outages

Dutch and British wholesale gas prices declined morning after rising the previous day on extensions to Noregian outages.

France wants to replace gas, fuel heaters with heat pumps

France wants to replace residential fuel and gas heaters with heat pumps and create an industry to make the device in a bid to reduce greenhouse gas emissions.

Russia slashes forecast for natural gas export price for 2024-2026

The Russian government cut its price forecast for its natural gas exports outside the former Soviet Union for 2024-26, according to figures presented by the economy ministry.

Ukraine's natural gas consumption slumps due to war

Ukraine's natural gas consumption is expected to fall below 20 bcm this year from about 27 billion in 2021 before the full-scale war with Russia began.

Dutch government to halt gas production from Groningen field Oct. 1

The Dutch government confirmed plans to halt production next month at Europe's largest gas field, Groningen, a decade after tremors blamed on drilling damaged buildings.

Moldova will uphold deal with Gazprom to prevent crises

Moldova will uphold its gas supply contract with Russia's Gazprom in order to ward off crises over power prices in the country and hardship in its breakaway Transdniestria region.

China's 2023 natural gas demand may rise 8%

China's natural gas demand this year is expected to grow by 8% from 2022 to 396.4 bcm, an analyst from state-owned oil major CNOOC's research division said at a conference.

Ukraine's 2023/24 winter gas reserves seen in excess of 15 bcm

The volume of natural gas stored in Ukraine for the 2023/24 winter heating season is likely to exceed 15 billion cubic meters, the head of the Ukrainian Naftogaz company.

Norwegian August gas output lags official forecast

Norway's natural gas output fell in August from July and lagged an official forecast, while crude oil exceeded expectations, the Norwegian Petroleum Directorate.

EU launches third round of joint gas purchases

The European Commission launched a third round of joint gas purchases to secure supplies ahead of winter and help make up for Russia's slashing of deliveries.

Low demand could see 20% European gas price fall in summer 2024 compared to current projections

European gas prices are set to fall 20% by mid-2024, compared to the current forward price curve, despite the market recent tightening due to the extensions of gas field maintenance schedules in Norway and strikes at key Australian LNG fields.

German Mukran LNG import terminal seen ready by first quarter

A new floating reception terminal for LNG off the German Baltic Coast should be operational from the first quarter of 2024, gas pipeline operator Gascade, which is building its onshore connection.

Years of limited gas supply spell price spikes, Equinor says

A protracted lack of supply in the gas market means even minimal disruption will cause prices to spike, a senior executive at Equinor, Europe's largest supplier of natural gas.

Why the volatile South Caucasus is important for gas and oil supplies

Azerbaijan is trying to take back control of Nagorno-Karabakh, a breakaway territory controlled by ethnic Armenians, in the latest escalation of a decades-old conflict.