Europe
Gulf Energy Information’s Lee Nichols recognized with prestigious G. D. Crain Jr. Award
Lee Nichols, Vice President of Content for Gulf Energy Information of Houston, Texas (U.S.) and London, England has been named the 2025 winner of the prestigious G.D. Crain Jr. Award, the highest recognition for editorial in business-to-business media.
Europe, Asia to compete for LNG cargoes ahead of summer
Competition for liquefied natural gas (LNG) will intensify this year, as Europe's reliance on the chilled fuel persists following the end of Russian gas flows via Ukraine and Asian buyers seek cargoes to meet cooling needs.
Greek gas supplier DEPA signs deal to build power plant in Larissa
Greek gas supplier DEPA Commercial has signed an agreement for a €600-MM ($680 MM) project to build a gas-fired power plant in Larissa, Greece, it said on Wednesday.
Austrian gas hub records higher trading volumes despite end of Russian flows
Austria's central gas hub has registered increased trading volumes on its platform this year, overcoming fallout from the halt to Russian gas flows through Ukraine.
Despite challenges, major LNG producers push new projects to feed global power demand
Producers are pushing ahead with liquefied natural gas (LNG) projects, banking on urbanization and the technology sector to drive global power demand and outweigh such challenges as potential oversupply, rising project costs and tariff uncertainty.
Europe gas: Prices rise on tighter supply
Dutch and British wholesale gas prices rose on Tuesday morning due to maintenance outages and tight supply.
Germany's Uniper, Britain's Octopus Energy sign power and gas agreement
German power utility Uniper said on Friday it recently signed an agreement to supply power and natural gas to Octopus Energy as the British firm pushes to expand its presence in European markets including Germany, Italy and Spain.
How could the EU ban Russian gas?
The European Commission will next month propose legal measures to fully phase out the EU's Russian gas imports by the end of 2027, and ban spot contracts with Russia by the end of this year.
Europe gas: Prices edge higher on cooler temperatures ahead of Russia-Ukraine talks
Dutch and British gas prices edged higher on Thursday morning as slightly cooler temperatures lifted demand and as the market waits for news from Ukraine-Russia peace talks.
U.S. and Europe drive global power emissions higher so far in 2025
The world's largest power polluter, China, made its biggest cut to power emissions since 2020 so far this year, but global power emissions have still held largely flat due to higher fossil fuel power generation in the United States and Europe.
Weak EU gas prices, Chinese demand to encourage storage refill
Current low European gas prices, supported by weak Chinese demand, will encourage the refilling of EU gas storage sites this summer.
Carbon Clean announces successful test of CycloneCC C1 technology at commercial scale
Carbon Clean has announced today the successful factory testing of the world’s largest Rotating Packed Bed (RPB) of this size for carbon capture.
Despite surging power demand, gas-fired power faces manufacturing constraints that could limit near-term growth
A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 yr due to manufacturing constraints, rising costs and competition from renewables.
INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage
The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain.
Cowboy Clean Fuels and Mercuria announce landmark offtake agreement for carbon-negative RNG
Cowboy Clean Fuels (CCF), a Wyoming (U.S.)-based climate tech and energy transition company, has announced a groundbreaking offtake agreement with Mercuria, one of the world’s leading independent energy and commodity trading groups.
Ukraine increases gas imports, transmission operator says
Ukraine increased gas imports over the weekend and on Monday to around 15.5 MMm3d, up from about 14.5 MMm3d during the previous week.
Nord Stream 2 agrees to debt restructuring deal, court says
A court in Switzerland said on Friday that Nord Stream 2, part of Russian gas company Gazprom, has reached a debt restructuring agreement with its creditors.
Spain's LNG imports from the U.S. soar, represent 35% of all gas supply
Imports of liquefied natural gas (LNG) from the United States rose to 35% of Spain's total gas imports in the first four months of this year from just over 20% a year ago, while imports of Russian LNG declined.
Russia, China discuss Beijing's participation in Russian LNG projects
Chinese companies' involvement in Russian liquefied natural gas (LNG) projects is being discussed by Russian and Chinese delegations at talks in Moscow.
U.S., Russia explore ways to restore Russian gas flows to Europe
With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent.
TurkStream gas pipeline could slow EU, Russia decoupling
The European Commission announced a revised roadmap to fully wean itself off Russian energy by the end of 2027, but some parts of Europe are moving in the opposite direction.
Slovakia and Hungary reject EU plan to phase out Russian gas by end-2027
Slovakia and Hungary on Wednesday condemned European Commission plans to phase out Russian gas and other energy imports, deepening a rift with Brussels over relations with Moscow.
Greensand begins construction on EU's first CO2 storage facility
Construction has begun on Greensand’s carbon dioxide transit terminal at Port Esbjerg in Denmark. Once operational, the liquefied CO₂ will be loaded onto a dedicated carrier and shipped to the INEOS Nini platform in the Danish North Sea.
ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts
Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.
Russia's LNG exports down 4.6% y/y in January–April
Russia's exports of liquefied natural gas (LNG) in the first four months of the year declined by 4.6% from a year earlier to 10.4 MM tonnes (t), LSEG preliminary data showed on Monday, amid sanctions.
EU seeks to cut remaining Russian gas ties, but legal options limited
The European Union will on Tuesday announce a roadmap to phase out the bloc's remaining gas ties with Moscow, but in the absence of sanctions it will be difficult for buyers to exit gas contracts using legal options such as force majeure.
Maire subsidiaries awarded various contracts worth approximately $1.1 B
MAIRE announced that its subsidiaries TECNIMONT and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 B for engineering, procurement and construction activities related to gas treatment infrastructures, as well as high-value added engineering services provided by NEXTCHEM's group companies for the development of biofuel facilities.
Europe gas: Prices rise on cooler weather, LNG competition from Asia
Dutch and British wholesale gas prices rose in early trading on Friday morning amid forecasts of higher demand as temperatures cooled, and in order to remain competitive against Asian buyers of liquefied natural gas (LNG).
LNG traders divert four U.S. cargoes from Europe to Asia
Four cargoes of liquefied natural gas (LNG) headed for Europe changed course to Asia in the last two weeks, after European prices fell below the Asian benchmark and opened up an arbitrage for deliveries eastward.
U.S. LNG exports surge to new highs on strong buying by Europe
U.S. exports of LNG so far this year have surged by > 20% from the same period a year ago, driven mainly by purchases by European nations, which accounted for over three quarters of total U.S. orders.
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- U.S. ethane exports to China hit new roadblock with license requirement
- Update: How Germany is building up LNG import terminals
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
- Woodside approves $17.5-B U.S. LNG project, targets 2029 start
