Europe
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.
Explainer: What Is Stopping the Iraq-Turkey Oil Pipeline Restarting?
A crude oil export pipeline from Iraq to Turkey is ready to resume operations, which have been suspended for the past six months, but flows have yet to restart.
Repairing Finland-Estonia Gas Pipeline May Take Months, Operator Says
Repairing a subsea gas pipeline connecting Finland and Estonia that was shut on Sunday due to a suspected leak could take months or more if a puncture is confirmed, Finnish gas system operator Gasgrid said.
Iraq Awaits Formal Notification from Turkey on Oil Pipeline, Baghdad Says
Iraq has not received formal notification from Turkey on whether the oil exports pipeline is ready to begin operations, two senior Iraqi oil officials said on Sunday.
Gas Pipeline Between Finland and Estonia Shut After Suspected Leak
A subsea gas pipeline connecting Finland and Estonia was shut early on Sunday after an unusual drop in pressure probably caused by a leak, Finnish gas system company Gasgrid and Estonian operator Elering said.
UAE's ADNOC Awards $17 Billion of Contracts for Gas Project, Including Subsea Pipelines
Abu Dhabi National Oil Company (ADNOC) said on Thursday it had awarded contracts worth about $16.94 billion for a gas project that aims to operate with net zero carbon dioxide emissions, adding it would be the first in the world to do so.
Trafigura Secures $400 Million Loan Facility to Purchase LNG from US Exporters
Commodity trader Trafigura on Wednesday said it has secured two revolving credit facilities totaling $400 million, supported by insurance from the Export-Import Bank of the United States.
Exxon Mobil to Sell Majority Stake in Italy LNG Terminal to BlackRock
Exxon Mobil Corp. chose BlackRock as the potential buyer for its majority stake in Italy's main LNG import terminal, the U.S. oil producer said in a statement.
Global News September 2023
Latest industry developments from around the world!
Turkey to Resume Operations of Iraq Oil Pipeline This Week
Turkey will restart operations this week on a crude oil pipeline from Iraq that has been suspended for about six months, Turkey's Energy Minister Alparslan Bayraktar said on Monday.
Oil Pipeline Rupture in Western Ukraine Injures Nine, Triggers Fire
An oil pipeline ruptured in western Ukraine on Saturday, injuring nine people, including four children, and triggering a large fire, the regional governor said.
Turkey's BOTAS to Supply 2 Million Cubic Meters of Gas to Moldova Starting in October
Turkey's state gas grid operator BOTAS said on Thursday it had signed a deal to supply Moldova with 2 million cubic meters of natural gas per day from October, in the second such agreement announced by the operator in as many days.
CEPS Secures Deal for Net4Gas; Adds 2,485 Miles of Gas Pipelines to Portfolio
The Czech government approved a plan for state-controlled electricity transmission grid operator CEPS to acquire natural gas transmission system operator Net4Gas, which operates nearly 4,000 km (2,485 miles) of pipelines shipping gas to and from Germany and Slovakia and for domestic consumption.
Norway's Equinor Signs 5-Year Gas Supply Deal with Austria's OMV
Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria's OMV as part of the latter's supply diversification strategy, the companies said on Wednesday.
Italy in Talks with Bavaria for Gas and Hydrogen Exports
Italy is in preliminary talks with Bavaria's government to supply gas and hydrogen to the southern German state, and also aims to sell energy to Austria and Hungary, four Italian and German industry and political sources told Reuters.
UK and Germany Sign Hydrogen Energy Collaboration Agreement
Britain said it would work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support its net zero targets and bolster energy security.
Sources: Sinopec Buys Over 30 LNG Cargoes for Winter Demand, Trading
China's Sinopec Corp has bought more than 30 cargoes of LNG via a tender for October 2023 to the end of 2024 to cover Chinese winter demand and boost the supply pool for trading, traders said.
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Texas Oil Pipelines Near Max Capacity, Threatening Future Export Limits
- Williams Seeks Emergency Certificate to Operate $1 Billion Mid-Atlantic Gas Pipeline After Court Reversal
- U.S. Court Overturns FERC Approval for NextDecade’s $18 Billion Rio Grande LNG Project
- Saudi Arabia Looking to Expand Pipeline to Reduce Oil Exports via Gulf
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Puerto Bahia, Gasco to Build Liquefied Petroleum Gas Facility in Cartagena, Colombia
- Sempra's Costa Azul LNG Project Delayed by Labor Issues
