Europe

bp, ADNOC offer to buy 50% of Israel's NewMed Energy

bp and Abu Dhabi's state oil giant offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2-B.

SocGen confirms it pulled out of Texas LNG project

French bank Société Générale has pulled out of the U.S. energy company NextDecade's Rio Grande Liquefied Natural Gas (LNG) project in Texas last year.

EU countries seek legal option to stop Russian LNG imports

European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending liquefied natural gas to EU nations, by preventing Russian firms from booking infrastructure capacity.

Portugal to launch Europe's first auction for piped hydrogen

Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market.

Kremlin: important to identify object found next to Nord Stream pipeline

The Kremlin said it was important to identify an object discovered next to one of the Nord Stream pipelines and said the ongoing investigation into blasts that struck the pipelines last September must be conducted with full transparency.

Spain asks gas importers to wean themselves off Russian LNG

The Spanish government has asked liquefied natural gas (LNG) buyers to refrain from signing new contracts for Russian gas once existing contracts have expired.

Russia hopes to seal Power of Siberia 2 deal with China this year

Russia hopes that a deal to provide gas supplies to China through the planned Power of Siberia 2 pipeline can be reached before the end of the year.

Energean CEO says looking to increase Israel FPSO capacity

Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year.

French power sector battered again by ongoing strikes

Industrial action disrupting French refineries, liquefied natural gas (LNG) terminals, power supply and reactor maintenance stretched into a 16th day as protests against the government's forced pension plan reform continue.

Does China need more Russian gas via the Power-of-Siberia 2 pipeline?

Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.

French strikes continue to block refinery shipments and LNG terminals

Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow.

TotalEnergies' bet on gas means no big emissions cut by 2030

French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business.

Shell revives German refinery sale as Russian ownership cleared

Shell has relaunched the sale of its stake in the PCK Schwedt oil refinery outside Berlin after the German government last year took control of the plant from its Russian operator.

Russia's tighter energy ties with China since Ukraine war

China has increased purchases of Russian oil and gas in the year since Russia invaded Ukraine and the energy relationship between the two countries will be an important topic when presidents Vladimir Putin and Xi Jinping meet in Moscow this week.

Edison sees investment decision on EastMed gas pipeline by year-end

Energy group Edison plans to take the final investment decision on a proposed pipeline to deliver east Mediterranean gas to European markets by the end of this year

China's energy investments in Russia

Chinese state energy giants have made a number of multi-billion-dollar investments in Russia, one of China's top oil and gas suppliers, across various stages of the energy supply chain.

Repsol scraps plans for east coast Canada LNG terminal

Repsol has decided against developing a liquefied natural gas terminal on Canada's east coast because it would cost too much to ship the gas to the terminal.

LNG activities resume at Dunkirk terminal in France

Disruption at Fluxys's LNG terminal in Dunkirk, northern France, ended on Friday morning.

China LNG buyers return to spot market, but coal to keep demand capped

Chinese liquefied natural gas LNG buyers have resumed spot purchases, drawn by easing prices and recovering domestic demand, potentially increasing competition with Europe for supplies.

Romania's Transgaz ready to build pipeline for Black Sea gas

Romania's gas pipeline operator Transgaz will build a new pipeline worth an estimated 500 million euros ($529.30 M) meant to bring offshore Black Sea gas to the national grid.

Study sees potential for huge North Sea hydrogen pipelines

The study, commissioned by German gas pipeline operator Gascade, says that up to 300 terawatt hours (TWh) a year of clean hydrogen made from North Sea offshore wind power could be transported by the grid.

What's in the EU's green industrial plan?

The European Commission laid out its green industrial plan on Thursday, designed to ensure that Europe is a leading producer of clean technologies and not just a global frontrunner in cutting carbon dioxide emissions.

GET Baltic Gas Exchange to become part of EEX group

The European Energy Exchange (EEX) on Thursday said its acquisition of 66% of the shares of smaller sector peer GET Baltic was approved by GET's owner, Amber Grid, paving the way for EEX to extend its eastwards reach.

H-TEC SYSTEMS to deliver electrolyzer for Norwegian-Danish cooperation for green production of liquid biogas

H-TEC SYSTEMS delivers PEM electrolyzers to Norwegian-Danish joint venture. Innovative cooperation in wind power, electrolysis and liquid biogas (LBG) between Norwegian Hydrogen and energy entrepreneur Jens Peter Lunden

Matson takes up option for ME-GI retrofit

Matson Navigation Company has confirmed that it will convert the main engine aboard its container ship, ‘Kaimana Hila’, from an MAN B&W S90ME-C10.5 unit to a dual-fuel ME-GI unit capable of running on LNG.

Golar closes acquisition of New Fortress Energy stake in FLNG Hilli

The agreement to acquire New Fortress Energy Inc.’s interest in FLNG Hilli has closed.

KN to advise Italian Piombino LNG terminal builders

The operator of oil and liquefied natural gas (LNG) terminals KN (AB Klaipėdos nafta) is successfully expanding its activities in the rapidly growing international market of LNG import terminals. The Italian energy company Snam FSRU Italia has chosen KN to cooperate in the implementation of the greenfield FSRU-based LNG terminal project in the port of Piombino.

GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal

GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.

Russia to free up LNG exports, sees output rising to 100 MMtpy, PM says

Russia will be able to raise its liquefied natural gas (LNG) production to 100 million tonnes per year over the next seven years by expanding the list of gas fields permitted to export LNG.

Ukraine to jointly buy gas with EU countries

Ukraine will take part in the European Union scheme to jointly buy gas in global markets, to procure 2 billion cubic metres of the fuel ahead of next winter.