Europe
CEZ Abandons Planned Polish LNG Terminal Capacity Over Disputed Conditions
Majority state-owned Czech utility CEZ has shelved a plan to secure capacity for LNG at a new Polish terminal because it was unhappy with the conditions offered, two sources with knowledge of the matter told Reuters.
Global News November 2023
Latest industry developments from around the world!
Serbia Signs Gas Supply Deal with Azerbaijan
Serbia signed a deal with Azerbaijan to purchase 400 million cubic meters of natural gas per year from 2024, Azerbaijan's energy ministry said on Tuesday.
Snam to Invest $1.1 Billion in Ravenna Offshore LNG Terminal
Italian gas grid operator Snam will invest a total of $1.1 billion in a new LNG offshore terminal near Ravenna, the company's CEO said on Tuesday.
TotalEnergies CEO Predicts Continued Gas Market Volatility Until New Supply Emerges
The CEO of French energy giant TotalEnergies said on Tuesday that the LNG market will continue to experience volatility until new supply is available, but prices are reasonable compared to 2022.
BP, Edison, Shell Ask US, EU to Intervene in Venture Global LNG Dispute
BP, Edison and Shell pressed a U.S.-EU energy group to intervene in a dispute with liquefied natural gas exporter Venture Global LNG over the U.S. firm's failure to deliver contract supplies of the fuel.
Snam Explores Acquisition of Edison's Gas Storage, Eyes Bigger Stake in Adriatic LNG
Snam plans to file an offer to buy Edison's gas storage business and is also considering increasing its stake in Adriatic LNG, Italy's biggest LNG terminal, the group's CEO said on Thursday.
Air Products to Build Europe's Largest Blue Hydrogen Plant in Netherlands
Air Products and Chemicals said on Monday it will build, own and operate a carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, Netherlands.
Chevron Pursuing 15-Year LNG Supply Contracts into Europe
Chevron is negotiating contracts to supply LNG into Europe for up to 15 years as buyers expect the region to rely on imports for longer than previously thought, an executive at the U.S. oil and gas company said.
Companies Awarded Storage Licenses in Initial Round of UK Bidding
(P&GJ) – The North Sea Transition Authority (NSTA) announced the list of companies that accepted licenses following the U.K.’s first-ever carbon storage licensing round.
Repsol Freezes Hydrogen Investment in Northern Spain on Regulatory Uncertainty
Spanish oil major Repsol has frozen the investment plan for a hydrogen plant in the Basque country, northern Spain, due to uncertainty about the future of a tax imposed on energy companies, its top regional executive said on Monday.
Equinor, RWE Develop Long-Standing Partnership With New Natural Gas Supply Contract
Earlier this year, RWE and Equinor announced their plan to develop large-scale value chains to ensure security of supply and reduce emissions in response to the German-Norwegian Partnership on Climate, Renewable Energy and Green Industry.
NSTA Awards 27 New Oil, Gas Exploration Licenses, Shell Comes Out on Top
Among the successful bidders to drill for new oil and gas in the British North Sea are Shell - with the most licenses, Equinor, DNO, Aker BP, Ithaca, TotalEnergies and BP.
Repsol Freezes Spanish Hydrogen Investment Plan Due to Tax Uncertainties
Repsol CEO Josu Jon Imaz said the tax favored foreign energy producers over Spanish ones and created uncertainty over returns on investment in the country. He added Repsol had other countries to invest in.
Germany to Complete Gas Pipeline Link While Building Up LNG Import Terminals
Germany's quest to increase LNG import capacity has intensified as it seeks to end reliance on Russian pipeline gas after Russia invaded Ukraine last year.
Chinese Vessel Accused of Finnish Gas Pipeline Damage Also Investigated for Underwater Cable Damage
Early on Oct. 8, a gas pipeline and a telecoms cable connecting Finland and Estonia under the Baltic Sea were broken. Another telecoms cable, between Sweden and Estonia, was also damaged that night.
Column: Italy's LNG Deal with Qatar Shows How Hard It Is to Quit Gas
Italy's ENI SpA signed a deal this week to purchase up to 1 million tonnes of LNG annually from QatarEnergy for the next 27 years, locking in gas flows to Southern Europe's largest economy until at least 2050.
Finland Says Gas Pipeline Likely Broken by Ship Dragging Anchor
Damage to a Baltic Sea gas pipeline earlier this month is believed to have been caused by a ship dragging a large anchor along the seabed, but it was too early to tell if this was an accident or a deliberate act, Finnish police said on Tuesday.
Global News October 2023
Latest industry developments from around the world!
German Gas Grid Operator OGE Joins Hydrogen Pipeline Project
German gas grid operator Open Grid Europe (OGE) is joining its French, Spanish and Portuguese peers working to develop a multibillion-euro hydrogen pipeline connecting the Iberian peninsula to France and on to Central Europe.
Finland Terminal Receives First LNG Cargo After Pipeline Breach
A tanker carrying LNG arrived at Finland's Inkoo terminal on Tuesday, vessel tracking data showed, the first such cargo to appear following the Oct. 8 outage of a Finnish-Estonian gas pipeline.
Seismologists Detected Blast-Like Waves Near Broken Baltic Sea Pipeline
Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved.
Finland to Restrict Access to LNG Port After Gas Pipeline Damage
Finland on Friday was tightening access to key parts of the country's Inkoo port, where a vessel to import LNG was installed last year, as part of efforts in the wider region to intensify security at energy installations.
U.S. Supports Finland, Estonia as It Probes Baltic Gas Pipeline Burst
U.S. Secretary of State Antony Blinken said on Thursday the United States would support Finland and Estonia as they probe damage to a gas pipeline and a telecommunications cable under the Baltic Sea.
Portugal to Launch Pioneering Auction for Piped Green Hydrogen Soon
Portugal will launch a pioneering auction for rights to sell green hydrogen for injection into the national gas grid in the coming weeks, with crucial state aid being discussed with Brussels, energy secretary Ana Fontoura said on Thursday.
QatarEnergy, TotalEnergies Sign 27-Year LNG Supply Agreement
Qatar on Wednesday secured its largest and longest European gas supply deal from Doha's massive production expansion project, providing France with up to 3.5 million metric tons of LNG a year for 27 years.
Nordics, Baltics Tighten Security at Energy Installations After Baltic Sea Pipe Burst
Norway and Lithuania tightened security at onshore energy installations following Sunday's gas pipeline gas leak in the Baltic Sea, while Finland recommended energy operators to be more aware of security.
Orlen Takes Over Polish Segment of Yamal Gas Pipeline, Reducing Gazprom Stake
Orlen is taking over the Polish section of the Yamal gas pipeline, the state-controlled refiner said on Tuesday, meaning Russia's Gazprom will no longer have a stake.
Eni and Partners to Decide on Mozambique LNG Investment by Mid-2024
Italy's Eni SpA hopes to reach a final investment decision on its second floating LNG project in Mozambique by the end of June next year, two sources directly involved with the project said on Tuesday.
'Outside Activity' Likely Damaged Gas Pipeline, Telecoms Cable, Finland Says
A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been a deliberate act, the Finnish government said on Tuesday.
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- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
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- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Russian LNG Unfazed By U.S. Sanctions
