Europe
Europe gas: Prices edge lower on strong wind power output
Dutch and British gas prices edged lower on Monday morning as expectations of strong output from wind farms curbed gas demand from gas-fired power plants.
SNAM making progress on Ravenna FLNG project (Italy)
Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Global LNG trade increased more than 1.6 Bcf/d in 2023
LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).
ANGI expands its biomethane business into Europe
ANGI Energy Systems, a Vontier business and a leading provider of sustainable biogas and biomethane compression and decompression solutions, is expanding into Europe.
Austria appoints commission to try to ditch Russian gas contract
Austria's energy minister has appointed a commission of experts to examine whether Austria can scrap a gas-supply contract between OMV and Gazprom to reduce its dependence on Russia.
Energy trader MET Group signs 10-yr U.S. LNG supply deal with Shell
Switzerland-based energy trader MET Group has struck a 10-yr deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis.
EnviTec Biogas announces market entry in Sweden
The EnviThan gas upgrading system from EnviTec Biogas AG is a tried and tested technology that can now demonstrate all its advantages in Sweden for the first time.
Norway keen to explore hydropower, CCS projects in Indonesia
Norway is seeking to form a stronger partnership with Indonesia and explore investment opportunities in renewable energy such as hydropower, and carbon capture and storage (CCS).
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, bp, Mitsui
Abu Dhabi National Oil Co. (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors: Shell, TotalEnergies, bp and Japan's Mitsui.
BASF and ENGIE sign long-term biomethane purchase agreement in Europe
BASF and ENGIE signed a 7-yr biomethane purchase agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7-3 terawatt hours of biomethane throughout the term of the agreement.
UECC chooses Titan for major liquefied biomethane deliveries
United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.
Vitol invests in future of LNG bunkering by securing three LNG bunkering vessels
Vitol has secured three LNG bunkering vessels. The vessels were secured via a 7 yr-10 yr time charter agreement with Avenir LNG Limited and CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.
Europe gas prices tread water in lackluster market
Dutch and British wholesale gas prices were little changed on Tuesday amid tepid demand, stable supply of pipeline and liquefied natural gas (LNG) and plentiful storage levels.
Norway's Vaar Energi extends gas delivery deal with ENI by 12 yr
Vaar Energi has extended an agreement to supply natural gas to Italy's ENI by 12 years. Vaar Energi will under the new deal deliver up to 5 Bm3 of natural gas between 2024 and 2036.
Construction of Germany's first land-based LNG terminal begins
The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027.
Russian court orders Italy's UniCredit to pay $480 MM over aborted gas project
A Russian court has ordered Italian bank UniCredit to pay €448.2 MM ($479.44 MM) in a lawsuit over an aborted gas project brought by St. Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazprom.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
Equinor's Arctic Hammerfest LNG plant restarts after power outage
Equinor's Arctic Hammerfest LNG plant has resumed operation as planned following a weekend power outage that halted production.
Finland's Gasum to end Russian LNG imports in line with EU sanctions
Finland's Gasum, a key gas supplier to the Nordic region, will stop buying and importing Russian liquefied natural gas (LNG) in July in line with fresh European Union sanctions.
China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2
Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.
Air Liquide, Dunkerque LNG CO₂ infrastructure project receives support from the EU
Air Liquide and Dunkerque LNG have announced they welcome the decision of the European Commission to support the D'Artagnan project. This carbon dioxide (CO₂) transportation and exportation infrastructure is part of the “Cap Décarbonation” initiative, which aims to reduce CO₂ emissions by 1.5 metric MMtpy in the industrial basin of Dunkirk and its surroundings.
Gasunie, Vopak to explore possibilities for LNG, H2 and CO2 at EemsEnergyTerminal in Eemshaven
In partnership with the Ministry of Economic Affairs and Climate Policy, Gasunie and Vopak are exploring options to utilize the EemsEnergyTerminal for longer than initially planned at the port of Eemshaven.
EU approves $3.2 B in German hydrogen pipeline support
The European Commission has signed off on about €3 B ($3.2 B) of planned German state aid for building a system of hydrogen pipelines known as the Hydrogen Core Network.
Heidelburg Materials, Linde start construction on large-scale carbon capture facility
Heidelberg Materials and Linde have started construction of one of the world’s first large-scale carbon capture facilities in the cement industry.
Heygaz Biomethane to acquire Ireland's leading biogas and biomethane producer
Heygaz Biomethane reached an agreement this week to purchase the leading Irish biogas and biomethane producer, Ormonde Organics.
Electrolyzer projects rise but hydrogen demand remains a concern
Global development of hydrogen electrolyzers rose 4% in the last six months to 1.2 TW as some 55.2 GW of new projects were added.
Russia ministry seeks end to $13 B/yr gas waste
Russia's resources ministry asked the new prime minister to approve its plan to make oil firms spend billions of dollars on cutting the amount of gas wastefully flared off during oil production.
Update: EU sanctions target Russian gas for the first time
European Union countries agreed on a 14th package of sanctions against Russia over its war in Ukraine, including their first restrictions on Russian gas.
Global pipelines construction outlook 2024—Part 2
This article will provide a forecast on pipeline construction in Africa, Asia, Europe, Russia and the Commonwealth of Independent States (CIS), and the Middle East.
- Gasum selects Wärtsilä for another bio-LNG project in Sweden
- Linde selected to supply carbon capture technology to ADNOC’S Hail and Ghasha project
- Tecnimont to build waste-to-biogas plant to fuel local kitchens in India
- Topsoe, Aramco sign JDA to advance low-carbon hydrogen solutions using eREACT™
- Indonesia regulator confirms disruption at bp's Tangguh LNG project
