Europe
Czech government agrees to buy main gas storage firm from RWE
The Czech government has agreed to buy the main Czech gas storage company RWE Gas Storage CZ from Germany's RWE to bolster energy security after Russia's invasion of Ukraine.
Cheniere Energy strikes LNG supply deal with BASF
Cheniere Energy said it would supply 800,000 tpy of LNG to Germany's BASF.
Hungary will receive LNG from Qatar starting in 2027
Hungary can begin to receive shipments of LNG gas from Qatar in 2027, said Hungarian Foreign Minister Peter Szijjarto.
Russia's Arctic-2 LNG set to start production during 2023
Russia's Arctic-2 LNG project, in which China's CNOOC Ltd holds a 10% stake, is proceeding as planned with first phase to start operation during this year, senior company executives said.
EU gas storage reaches 90% target ahead of Nov. 1 deadline
Gas storage in the European Union has already reached 90% well ahead of a Nov. 1 deadline to reach the level, the European Commission said.
Poland's Orlen, Gaz-System sign gas deal for planned terminal
Poland's Orlen has signed a contract with state-owned pipeline operator Gaz-System for the regasification of up to 58 LNG cargoes per year at a planned floating gas terminal.
ABB and Samsung Engineering to collaborate on gas analyzers for Saudi Arabia’s energy industries
ABB has signed a framework agreement with Samsung Engineering in Saudi Arabia to collaborate in engineering and procurement activities in the Kingdom.
Spain's gas imports fall 20% in June from year ago, less Russian gas
Spain's natural gas imports fell 20% in June from a year ago to an equivalent of 28,622 gigawatt-hours, government data showed.
German government to examine finances of private LNG operator
The German government will examine the finances of Deutsche ReGas, the operator of a planned LNG terminal on the Baltic coast opposed by local authorities.
Russian piped gas exports to Europe up 4.5% in August
Pipeline natural gas exports to Europe by Russia's Gazprom rose 4.5% in the first half of August from July's average, remaining at the maximum levels of this year, according to calculations based on volumes supplied via Ukraine and TurkStream.
Turkmenistan rebukes Russia over 'gas union' comments
Turkmenistan warned Russia against trying to extend its influence over the Central Asia-China natural gas supply chain after Moscow said more countries could join its "gas union" with Kazakhstan and Uzbekistan.
Asian LNG spot prices inch up as market eyes Australian strikes
Asian spot LNG prices inched up this week as the prospect of possible industrial action at Australian LNG facilities sparked fears it would fuel competition between Asian and European buyers for cargoes.
Pavilion Energy, CNOOC complete first bunker delivery to LNG-powered VLCC
Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first LNG ship-to-ship bunker operation for a very large crude carrier at China's Guangzhou port.
German gas storage operators seek supply boost until 2026/27
Germany must boost gas supply security in the coming four winters after it was cut off from Russian pipeline exports last year, gas storage operators group INES said.
Defying war risk, European traders store gas in Ukraine
European gas traders have begun storing natural gas in Ukraine to take advantage of lower prices and available capacity there, regardless of the risks from the ongoing war, three traders and company officials said.
Norway approves connection of Western Europe's largest LNG plant to grid
Norway has approved a plan to connect Equinor's Hammerfest LNG plant to the national power grid in a bid to cut greenhouse gas emissions, despite local opposition.
German environmental group sues private LNG terminal in Lubmin
A German environmental group said it had filed a lawsuit against a privately operated LNG terminal on the Baltic coast, saying it causes noise pollution and is too small to be exempted from environmental permits.
Germany’s LNG import terminal build up
The EU Commission has approved a $43.9-MM support measure for the land-based liquefied natural gas terminal at Germany's Brunsbuettel on the North Sea, citing its contribution to the security and diversification of supply.
Asia's LNG demand ticks higher, but Europe's slips, leaving prices muted
Asia's demand for liquefied natural gas ticked up to the most in six months in July but the small increase was partially offset by declining demand in Europe.
Britain commits to hundreds of North Sea oil and gas licenses
Britain committed to granting hundreds of licenses for North Sea oil and gas extraction as part of efforts to become more energy independent, drawing criticism from environmental campaigners.
bp and OMV sign a 10-year LNG supply agreement
bp and OMV announced the signing of a long-term sale and purchase agreement covering supply of up to 1 million tons of liquefied natural gas per year for 10 years from 2026.
EBRD approves extra $180 MM for Moldova gas purchases
The European Bank for Reconstruction and Development has approved additional financing of $180 MM for Moldova to make gas purchases, the EBRD president said.
Strong gas business helps to cushion Eni profit fall
Italian energy group Eni reported a 49% fall in its adjusted net profit in the second quarter because of weaker commodity prices but a strong performance from its gas business helped it to beat forecasts.
Italian gas group Snam seeks to tap EU green energy funds
Italy's state-controlled gas grid operator Snam said it expected to get a financial support for some of its projects from the European Union's REPowerEU green energy scheme.
Varo Energy secures $3.3 B in boost to biogas goals
Refiner and trader Varo Energy secured $3.33 B in its latest financing round, which will help to fund its sustainable energy projects, including its purchase of a stake in northern Europe’s biggest biogas facility.
Italy's Saipem sees progress towards resuming Mozambique LNG project
Italian energy services group Saipem said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.
Gas producer Wintershall Dea CEO says exiting Russia gets harder by the day
Wintershall Dea's exit from Russia, announced in January, is proving increasingly difficult in an unpredictable business and political environment, Mario Mehren, chief executive of the oil and gas producer said.
Europe gas supply looking good this winter, Equinor CEO says
Europe's outlook for gas supply is looking good for the coming winter given high gas reserves and plentiful access to supplies, Equinor CEO Anders Opedal told Reuters, but could tighten next summer due to lower reserves.
Naturgy's profit rises on LNG gains, soothing shareholders
Spanish power utility Naturgy reported an 88% jump in profit for the first six months of the year, boosted by strong earnings at its liquefied natural gas business, which could help it to win over restive investors.
Eni takes over Chevron's stake in Indonesia deepwater gas project
Eni signed a deal to take over U.S. oil giant Chevron's stake in the Indonesia Deepwater Development gas project, bolstering the Italian company's position in the southeast Asian oil and gas producer.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
