TechnipFMC awarded significant iEPCI for OMV’s Berling gas development

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by OMV AS for its Berling gas development project.

Norway approves more than $18 B in oil, gas investments

Norway's government said it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.

Spain raises bet on green hydrogen, biogas in draft plan

Spain will double its 2030 biogas production target and almost triple its green hydrogen goal as part of a broad upgrade of its energy and climate ambitions, a draft of the government's strategy showed.

Italy energy minister sees LNG terminals covering 50% of gas needs

Italy's Environment and Energy Minister Gilberto Pichetto Fratin said that deliveries by ship of liquefied natural gas were a reliable source of energy that could cover 50% of the country's gas needs.

Germany, South Africa agree to cooperate on green hydrogen projects

Germany and South Africa y agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa's huge renewable resource potential to meet 2050 net zero targets.

Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal

Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.

Copenhagen Infrastructure Partners and Wega form strategic partnership in Finland

Copenhagen Infrastructure Partners through its CI Advanced Bioenergy Fund I announced that it has signed an agreement with Wega Group OY to establish an advanced bioenergy platform in Finland

INEOS Energy charters two LNG carriers to create virtual LNG pipeline from the U.S. to Europe

INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines for two new build LNG carriers, to be used for the import of LNG into Germany from the United States.

Yara postpones clean ammonia IPO after weak valuation

Norway's Yara has postponed a planned initial public offering of its Yara Clean Ammonia business by one or two years due to an unsatisfactory market valuation, the fertilizer maker said in a strategy update.

Wood and Centrica Storage explore low-carbon hydrogen production hub

Wood is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal to a low-carbon production hub.

Shell resumes maintenance at key Norway gas terminal

Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement.

Netherlands to end Groningen gas production by Oct 1

Gas production at the Netherlands' Groningen field will end by Oct. 1, the government said, as it kept its promise to rapidly cease already minimal extraction to limit seismic risks in the region.

Eni sees synergies of up to $1 B from Neptune acquisition

Italian energy group Eni said that synergies from the $4.9-B acquisition of private-equity backed Neptune Energy could reach $1 B as the two groups integrate their operations across key geographies.

Netherlands increases subsidies for green hydrogen production

The Dutch government said it will increase subsidies for the production of hydrogen from renewable sources of energy, known as 'green hydrogen', by €1 B next year and another €3.9 B in the years after.

Venture Global LNG signs 20-year contract with German energy firm

U.S. liquefied natural gas developer Venture Global LNG said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 mpta of LNG.

Portugal's grid ready to transport 10% hydrogen this year

Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry an up to 10% share of green hydrogen as early this year, the company said.

Germany builds up LNG import terminals

Deutsche ReGas has sub-chartered a second floating storage and reception unit for liquefied natural gas for the Mukran terminal project in the Baltic Sea, with its LNG to flow to onshore grids via the nearby port of Lubmin from next winter.

Russia gas flows through Ukraine could stop next year

Russia could shut off one of the last arteries carrying Russian gas to Europe by the end of next year when Ukraine's supply contract with Gazprom expires citing an interview with Ukraine energy minister German Galushchenko.

Engie bets on Korean demand with $7-B Oman green ammonia project

French energy company Engie was awarded a land parcel in Oman, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.

OMV Petrom greenlights Neptun Deep Black Sea gas project

Romania's OMV Petrom will develop the long-awaited Neptun Deep Black Sea gas project and expects first output by 2027, it said on Wednesday as it announced its final investment decision.

Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project

Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.

South Africa partners with Dutch, Danish governments on green hydrogen fund

South Africa and the governments of the Netherlands and Denmark launched a $1-B green hydrogen fund to help kick-start an industry seen as critical to the country's decarbonization efforts.

Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant

The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.

Norway May gas output declines more than expected

Norway's crude oil and gas output fell in May from the previous month, with gas production lagging official forecast while oil exceeded expectations, Norwegian Petroleum Directorate said.

Asia thermal coal prices get the blues from Europe and LNG

Seaborne thermal coal prices in Asia have slumped to the lowest in two years as weakening demand in Europe and falling liquefied natural gas prices outweigh strong demand in the top-importing region.

Cyprus changes tack with plan for Mediterranean gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.

thyssenkrupp pulls trigger on long-awaited IPO of hydrogen division Nucera

thyssenkrupp launched the long-awaited listing of its hydrogen division Nucera, suggesting its new chief executive intends to waste no time in reviving the fortunes of the embattled conglomerate.

Norway gas output lower than planned due to Shell outage, Gassco says

Norway's overall gas production will be lower than planned in the coming weeks due to an extended outage at Shell's Nyhamna processing plant, gas infrastructure operator Gassco said.

Edison opens 'strategic' hydrogen-ready power plant near Venice

Italian energy group Edison inaugurated a new lower-emissions gas power station near Venice which in the future should also run on a hydrogen-gas mix that should be even less pollutant.

Asian spot LNG prices rise to at 3-month high tracking European prices

Asian spot LNG prices reversed their multi-week downward trend and rose to a three-month high this week, tracking European gas gains and as high temperatures in north-east Asia increased cooling demand.