Europe
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.
Shell signs agreement to acquire Pavilion Energy
Shell Eastern Trading Pte. Ltd. has reached an agreement to acquire 100% of the shares in Pavilion Energy Pte. Ltd. Pavilion Energy includes a global LNG trading business with a contracted supply volume comprising about 6.5 MMtpy.
Kazakhstan to invest heavily in new gas processing plant capacity
The Ministry of Energy of Kazakhstan has initiated 60 investment projects valued at 17 trillion tenge (approximately $38 B) under the Nationwide Pool of Investment Projects.
Russia's LNG industry and a possible EU ban on re-exports
The European Union is considering imposing a ban on re-exporting Russian liquefied natural gas (LNG) via EU ports, saying it would help to reduce Moscow's revenues.
EU and Ukraine ask Azerbaijan to facilitate Russian gas transit
The European Union and Ukraine have asked Azerbaijan to facilitate discussions with Russia regarding a gas transit deal that is set to expire at the end of this year.
Ukraine agrees on first U.S. LNG supply deal with Venture Global
Ukraine has signed its first liquefied natural gas (LNG) deal with a U.S. company to help to avert an energy supply crunch amid a war with its bigger neighbor Russia.
CPGC and BASF sign framework agreement on carbon capture technology onboard LNG carriers
CSSC Power (Group) Corp. Ltd. (CPGC) will install its advanced Onboard Carbon Capture System (OCCS) on multiple LNG carriers and utilize BASF’s OASE® blue technology.
CO2next project achieves important milestones for developing a liquid CO2 terminal in Rotterdam
CO2next aims to build a liquid CO2 terminal at the Maasvlakte in the port of Rotterdam, that can be used by customers not connected to a CO2 pipeline to ship liquid CO2.
Norway eyes faster ramp-up of gas export to Britain
The resumption on Friday of Norwegian gas exports to Britain via the Langeled pipeline will progress at a faster pace than initially planned, Norwegian system operator Gassco said.
FSRU Toscana: First maintenance phase has been completed
OLT Offshore LNG Toscana announced that the first phase of maintenance intervention at the FSRU Toscana terminal has been successfully completed and on time.
TotalEnergies increases LNG deliveries to Asia with two new contracts
In line with its strategy to grow its LNG business, TotalEnergies announced the signing of two new LNG medium- and long-term contracts in Asia with Indian Oil and Korea South-East Power.
- 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
- ExxonMobil selects Chart Industries’ IPSMR® liquefaction technology for Mozambique LNG project
- 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
- U.S. LNG exports primed to jump as price arb to Europe opens wide
