Europe

Norway's DNV GL Suspends Nord Stream 2 Work over U.S. Sanctions Fear

Norway's risk management and quality assurance firm DNV GL said it has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States.

Belarus Plans to Raise Pipeline Tariff on Russian Oil by 25%

Belarus has proposed to increase a tariff it charges Russia for oil transit to Europe by a quarter, raising the stakes in oil supply talks complicated by political upheaval in Minsk, three oil industry sources told Reuters on Thursday.

Russia's Novatek Starts LNG Ship-to-Ship Operations in Murmansk

Russian gas producer Novatek has started ship-to-ship loadings of LNG near the northern port of Murmansk, following U.S. pressure to stop terminal deliveries in Norway.

EU Denies Gas Plants a Green Finance Tag

The European Commission on Friday proposed that power plants fueled by natural gas would not be not classed as a sustainable investment in Europe, although plants could possibly gain a green label by burning some hydrogen.

Russia's Payments to Belarus for Contaminated Oil Still Unresolved

Russia and Belarus have yet to resolve differences over compensation for contaminated oil supplies last year, with the issue linked to a broader dispute between the ex-Soviet republics, industry sources said.

New CO2 Tax Hikes Price of Natural Gas in Germany

Millions of German households will see their gas heating bills rise at the start of 2021 because of a new carbon dioxide tax, price comparison portal Verivox said on Tuesday, citing 7.1% average increases planned by 104 suppliers it surveyed.

First LNG Trains Delivered to Calcasieu Pass from Italy

Venture Global LNG moved a step closer to startup of its Calcasieu Pass LNG export facility with Baker Hughes’ delivery of the first two pre-built liquefaction trains to the project site in Cameron Parish, La.

Italy Drafts Guidelines for National Hydrogen Strategy

Italy has set out guidelines for a national hydrogen strategy to help de-carbonize the economy as it phases out coal and boosts renewables, a change that would rely on existing pipeline infrastructure.

Tech Notes: Neptune Energy, Eserv Partner on Digitization of Cygnus Platform

Neptune Energy announced a new partnership with 3-D technology specialist, Eserv, as part of the ongoing digitalization of Neptune’s assets, including its operated Cygnus gas platform in the southern North Sea in the U.K.

Global News

OPEC Predicts Oil Demand to Plateau in Late 2030s World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits.  ..

Nord Stream 2 Sanctions Included in U.S. Defense Bill

Sanctions that could hinder one of Moscow's most important projects in Europe, the Nord Stream 2 natural gas pipeline, have been included in the annual U.S. defense policy bill, two congressional aides said on Wednesday.

Russia's Gazprom Proposes Gas Price Rise for Poland

Poland's dominant gas company PGNiG said its biggest supplier, Russia's Gazprom , had proposed increasing prices for its gas in an existing long-term delivery deal, at a time of heightened tensions between Moscow and Warsaw.

Plans for LNG Terminal at German Port Being Reconsidered

A German company said it is re-evaluating plans for a liquefied natural gas terminal in the North Sea port of Wilhelmshaven after failing to receive sufficient commitments from potential customers.

Italy's Snam Takes First Steps into India with Hydrogen, Gas Deals

Italian gas group Snam has taken its first steps into India by signing a series of deals involving hydrogen and low-carbon mobility projects, the company said.

Azerbaijan to Proceed with Gas Pipeline Extension, Despite War

Azerbaijan will press ahead with plans to feed natural gas into an extended pipeline network to southern Europe, a senior official said, even as conflict rages for a sixth week in the enclave of Nagorno-Karabakh.

Gazprom Files Appeal in Poland Against Hefty Nord Stream 2 Fine

Gazprom filed an appeal in a court in Poland on Wednesday to challenge a hefty fine imposed on it for its part in the Nord Stream 2 pipeline, the Russian gas producer said.

U.S. Senator Warns France's Macron over Gas Exports Deal Delay

Any French involvement in holding up a multi-billion natural gas deal over environmental concerns could damage the country's trade ties with the United States, a Republican Senator has warned in a letter to French President Emmanuel Macron.

French Power Utility Engie Pulls Out of U.S. LNG Deal

French gas and power utility Engie has pulled out of a major U.S. LNG import deal after government concerns about its environmental implications.

EU Set to Deny Gas Power Plants a Green Investment Label

Power plants fueled by natural gas will not be classed as a sustainable investment in Europe, unless they meet an emissions limit that none currently comply with, according to draft European Union regulations.

Norway Wealth Fund Says It's Hard to Find Green Energy Investments

Norway's $1.1 trillion sovereign wealth fund, the world's largest, is having trouble finding suitable unlisted renewable- energy projects to invest in due to the paucity of projects and strong competition for stakes in them, its new CEO said.

Russia's Gazprom Seeks More Capacity to Transport Gas Through Ukraine — Naftogaz

The head of Ukraine's state natural gas firm Naftogaz said Russia's Gazprom has approached them seeking to book more transport capacity on its natural gas pipelines to Europe.

Nord Stream 2 Pipe-Laying Vessel Nears Project Hub

A Russian pipe-laying vessel, expected to help complete the $11 billion Nord Stream 2 pipeline, is heading towards a pipeline storage yard for the project in Germany, according to ship-tracking data.

Belarus Resumes Pipeline Transit of Russian Oil to Poland

Belarus resumed transit of Russian oil to Poland, after pipeline operator PERN said it had to temporarily suspend flows due to local power-supply issues.

TechnipFMC Awarded EPCI Contract for Equinor Breidablikk Pipelay and Subsea Installation

Oil and gas services frim Technip FMC has been awarded an Engineering, Procurement, Construction and Installation contract for Equinor's Breidablikk subsea pipelaying project.

EU Considers Binding Methane Emissions Standards for LNG

The European Union has released a new draft of proposed standards on natural gas within the bloc in an effort to limit methane emissions.

DNV GL Leads Hydrogen Readiness Study for Italian Gas Network

Oil and gas research firm DNV GL has been hired by Italian utility company SGI to assess the feasibility of switching the company's gas distribution network to hydrogen.

Gazprom Sees European Gas Glut in 2021

Gazprom said on Monday that it expects oversupply of the European gas market to continue into 2021.

Polish Regulator Fines Gazprom $7.6 Billion Over Nord Stream 2 Pipeline

Polish energy regulators have fined Gazprom $7.6 billion for building the Nord Stream 2 natural gas pipeline without approval from Warsaw, the country's watchdog said on Wednesday.

New Gas Pipeline Could Heat up Azeri-Russian Rivalry

Strained Azeri-Russian ties are facing further pressure from the launch of a major gas pipeline this year that could squeeze Moscow's gas sales to Europe.

Ukraine Could Export Gas to Europe This Winter

Ukraine has collected a record volume of natural gas in storage this year and says it is open to exporting some of its stores to the European market if conditions are right.