Europe

German gas storage operators warn of overblown plans for hydrogen grids

Germany's future hydrogen demand could fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel.

Air Liquide presses Mexico for answers after the government confiscated hydrogen plant

French industrial gas manufacturer Air Liquide is seeking answers from the Mexican government after it took control of a hydrogen processing plant in Hidalgo state.

Nextchem awarded a pre-FEED by Engie for the production of 2nd generation biomethane in France

MAIRE announces that Nextchem, through its subsidiary NextChem Tech, has been awarded a new contract by Engie to carry out a pre-FEED for the gasification and methanation of the waste wood as well as the implementation of a carbon capture unit for the Salamandre project in the Normandy region.

Russia's Gazprom breaks daily record for gas supply to China

Russian energy giant Gazprom said it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline.

Germany continues to build up LNG import terminals

German utility RWE handed over floating LNG infrastructure at Brunsbuettel on the North Sea to state-owned Deutsche Energy Terminal as agreed when first imports arrived 10 months ago.

Russian pipeline gas exports to Europe down 56% in 2023

Natural gas supplies to Europe by Russian energy giant Gazprom were down 55.6% to 28.3 bcm in 2023.

European imports of Russian LNG fell 1.9% in 2023

Russian exports of LNG to Europe fell 1.9% to 15.8 MMt in 2023, and LNG exports to Asia fell 11% to 14.9 MMt

Spain's gas demand falls for second year, down 11% as renewables hit record

Spain's consumption of natural gas dropped for the second year in a row in 2023, falling almost 11% as the country used more renewable sources to produce electricity.

Samsung Heavy says it has stopped making blocks for Russian shipyard's LNG carriers

Samsung Heavy Industries said it has stopped making blocks and equipment for 10 out of 15 Arctic LNG carriers contracted with Zvezda.

Japan's Mitsui to pull employees out of Russia's Arctic LNG 2

Japan's Mitsui and Co has decided to pull its employees out of Russia's Arctic LNG 2 LNG project in yet another blow for the project.

China seeks exemption from U.S. sanctions on Russian LNG plant

China's state oil majors CNPC and CNOOC have both asked the U.S. government for exemptions from sanctions on Russia's Arctic LNG 2 export plant.

Global LNG markets seen 'finely balanced' in 2024 as demand under control

New LNG projects coming online this year and high stocks in Europe and North Asia in early 2024 capping demand are seen curbing spot price growth for the next six months as analysts forecast a "finely balanced" market.

EU to extend emergency gas price cap for another year

The European Union is set to extend its emergency cap on gas prices for another 12 months to serve as a safeguard against possible energy price shocks, after energy ministers backed the plan.

COP29 climate summit host Azerbaijan touts country's gas potential

After winning a fraught bid to host next year's United Nations climate talks in Baku, a senior Azerbaijani official promoted the country's gas reserves in aiding the global the energy transition.

Germany's Sefe, Norway's Equinor strike $55-B gas supply deal

German energy firm Sefe secured a $55-B gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy.

QatarEnergy CEO says new LNG supply deals 'imminent'

QatarEnergy expects to agree new long-term liquefied natural gas supply deals in Asia and Europe, with several "imminent".

Elon Musk says oil and gas should not be demonized

Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.

Germany's SEFE seeks US approval for Venture Global's CP2 LNG project

The German state-owned Securing Energy for Europe GmbH has become the third company to seek approval from the U.S. energy regulator for LNG developer Venture Global to begin construction on its CP2 LNG project in Louisiana.

Record warmth leaves world with too much gas

The northern hemisphere experienced its warmest October and November in records dating back to the 1880s – pushing the gas market into a large surplus and triggering a slump in prices.

DNV to support UK National Gas Transmission with world first hydrogen pipeline research facility

DNV is the lead partner for National Gas Transmission in further expanding a world first hydrogen pipeline research facility FutureGrid.

Equinor buys Shell's stake in the Linnorm gas discovery

Norway's Equinor said it has agreed to buy Shell's stake in the Linnorm gas discovery in the Norwegian Sea, raising its ownership to 50%.

Latvia utility buys LNG from Equinor

Latvian state-owned utility Latvenergo said it had agreed to purchase six cargoes of LNG from Equinor for delivery via Lithuania's Klaipeda terminal.

Afghanistan doubles Russian LPG fuel imports, industry data shows

Afghanistan's Taliban government doubled purchases of Russian LPG in the January-November period, according to industry data, as Russia redirects supplies away from Europe amid political fallout from the Ukraine conflict.

Germany's Stade LNG project expects floating terminal in February

Germany's emerging LNG terminal in the Elbe river port of Stade expects its floating regasification vessel to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids.

Moscow says EU will not succeed in curbing Russian gas imports

The European Union's plans to give its member states the power to halt gas imports from Russia will not succeed and won't hurt the Russian economy.

Serbia launches interconnector to gas pipeline in Bulgaria

Serbia completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.

Asia-Europe LNG spread at widest level in almost two years

The Asia-Europe LNG spread has hit its widest level in about two years, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.

Moldovan natgas chief offers to take over Ukraine transit of Russian gas

The head of Moldova's national gas company proposed that it take over the transport of Russian giant Gazprom's supplies through Ukraine if Kyiv decides against renewing a transit contract that runs out next year.

EU to give member states authority to halt Russian gas imports

The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus.

Four suitors offer more than €600 MM for Edison gas storage

Edison's gas storage assets have attracted offers from four Italian and international suitors, setting the stage for a transaction that could be worth more than €600 MM.