Europe
Europe Remains Top Destination for U.S. LNG for Third Month
Europe's call for U.S. LNG continues to run hot in February and is poised to remain the top destination for U.S. shipments for the third month in a row, according to mid-month Refinitiv vessel tracking data on Tuesday.
EU Likely to Intensify Fact-Finding on Gazprom - Source
EU antitrust regulators are likely to intensify information gathering on Gazprom's European businesses, said a person familiar with the regulator's thinking, amid Europe's gas supply crisis.
Austria Resists Including Nord Stream 2 in EU Package of Russia Sanctions
Austria is sticking with its opposition to including the Nord Stream 2 gas pipeline in a package of sanctions against Moscow that the European Union is preparing in the event Russia invades Ukraine, Foreign Minister Alexander Schallenberg said.
How German Fund Set Out to Help Russia Dodge Pipeline Sanctions
A German politician set up a state-backed foundation with Russian energy company Gazprom last year to help Moscow avoid U.S. sanctions on a pipeline due to carry Russian gas to Europe.
Czech Minister: Putin Gave Europe 'Gift' as Gas Crisis Showed Alternatives Exist
LNG shipments to Europe late last year showed Russia could not use gas as great leverage over Europe, and the gas shortfall supported efforts to build more LNG capacity on European shores, Czech Foreign Minister Jan Lipavsky said on Wednesday.
EU Carbon Price Falls After Lawmaker Suggests Market Tweaks to Prevent Spikes
The Benchmark European carbon contract fell more than 5% on Wednesday afternoon after a key European lawmaker suggested changes could be made to the EU's carbon market to allow the European Commission to act swiftly if prices rose too quickly.
U.S. Reaches Out to Foreign Producers in Algeria on Gas Options
The U.S. government has asked to meet Eni, TotalEnergies and other energy companies operating in Algeria to see if more gas can be sourced from the country, as Washington ramps up efforts to find alternative gas supplies for Europe.
Japan to Divert LNG to Europe Amid Russia-Ukraine Tensions
Japan will divert some LNG cargoes to Europe after requests from the United States and the European Union, the industry minister said on Wednesday, a step that aligns the country with the West as tensions flare with Russia.
Italy Expects EU Carbon Price Around 80 Euros per Tonne in 2022
Italy expects the price of permits on the European Union's carbon market to trade at an average of 80 euros ($91) per tonne this year, giving the government more funds to curb soaring energy bills.
Baltic States 'Working Closely Together' to Prepare for Russian Gas Cut
Energy companies and governments in the Baltic states are cooperating to prepare for a possible cut in Russian natural gas supplies amid tensions over Ukraine and concerns about gas supplies to Europe.
Morocco Seeks Medium-Term Gas Supply Contracts
Morocco is in talks with Spanish and other gas traders to secure a medium-term LNG supply deals, as it seeks to decarbonize its economy, Energy Minister Leila Benali said.
EU Eyes More Azeri Gas Amid High Bills and Tight Russian Supplies
The European Union is seeking more natural gas from Azerbaijan, an EU official said on Friday, as Europe grapples with high energy bills and tight deliveries from Russia, its main supplier of fuel, which has been at loggerheads with the West over Ukraine.
Eastbound Gas Flows Resume on Russian Yamal-Europe Pipeline
Gas flows from Germany to Poland resumed on Wednesday evening via the Russian Yamal-Europe pipeline, which usually sends Russian gas westwards into Europe, data from German network operator Gascade showed.
Qatar Has Not Approached Asian Buyers Over Gas Diversions to Europe
Qatar's energy chief said it has not approached its Asian customers over diverting gas to Europe, adding that one country can't fill the gap if Russia stops piping gas to the region
Blow to Gazprom Critics as EU Court Upholds Antitrust Settlement
Gazprom's critics suffered a blow on Wednesday when an EU court upheld a 2018 decision that let the Russian gas giant settle an antitrust investigation without paying a fine.
EU Proposes Rules to Label Some Gas and Nuclear investments as Green
Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split countries and investors.
Norway Approves Development of Equinor's Kristin South Project
Norway approved plans to develop several Equinor-operated gas and condensate discoveries in the Norwegian Sea, with gas to be exported to Europe via an existing offshore pipeline system
Yamal Pipeline Gas Halts After Hints of Westbound Flows
Natural gas supplies between Poland and Germany via the Russian Yamal-Europe pipeline came to a halt on Wednesday, dashing expectations it was about to pump gas west for the first time since December.
Natural Gas Futures Jump over 15% on Output Drop, Colder Forecasts
U.S. natural gas futures jumped over 15% on Wednesday as frigid weather cut output to its lowest level since July 2021 and as winter storms threatened while LNG exports were at near-record levels.
Yamal Gas Pipeline Set to Resume Westbound Flows to Germany
Russian gas giant Gazprom was set to resume westbound gas flows from Poland to Germany on Tuesday via the Yamal pipeline, restoring the normal flows after the route was reversed in December and sent gas prices in Europe to all-time highs.
Denmark's CIP to Lead Giant Green Hydrogen Project in Spain
Danish renewable company Copenhagen Infrastructure Partners will lead a project in Spain to build a giant hydrogen plant, it said on Tuesday, as part of the Spanish government's efforts to use EU funds to become a top producer of the gas.
EU to Propose 'Green' Investment Label for Natural Gas, Nuclear Energy
The European Commission is set to propose rules on Wednesday to allow some gas and nuclear power plants to be labelled as green investments, with minor changes to a previous draft proposal.
Shell Re-Routes Oil Supplies after Cyberattack on German Firm
Shell said on Tuesday it was re-routing oil supplies to other depots following a cyberattack on two subsidiaries of German logistics firm Marquard & Bahls that disrupted IT systems and supply chain.
EU Says Russia's Nord Stream 2 Pipeline on Hold for Compliance Review
European Commission Vice President Valdis Dombrovskis said Nord Stream 2 gas pipeline has been put on hold and the Commission is looking into the project's compliance with Europe's energy policy.
Eastward Yamal Gas Flows from Germany to Poland Steady
Gas flows from Germany to Poland via the Yamal-Europe pipeline were steady over the weekend and on Monday morning, data showed.
IEA: European Gas Demand Seen Falling This Year Due to Cheaper Coal
European gas demand is expected to decline this year as continued high prices make coal more competitive for power generation, the International Energy Agency said.
Eastward Yamal Gas Flows from Germany to Poland Increase
Gas flows from Germany to Poland via the Yamal-Europe pipeline, which usually sends Russian gas westward into Europe, increased on Friday.
Greece's Gastrade Says LNG Terminal on Track with Final Investment Decision
Greece's Gastrade said a final investment decision had been made on developing a Greek LNG terminal, the last step before building the project begins.
Nothing Off the Table, EU Responds to Question on Halting Nord Stream 2
The gas pipeline Nord Stream 2 could be halted should Russia invade Ukraine, EU Commission chief Ursula von der Leyen signaled.
Eastward Yamal Gas Flows from Germany to Poland Decline Further
Gas flows from Germany to Poland via the Yamal-Europe pipeline, which usually sends Russian gas westward into Europe, fell on Thursday morning, data showed.
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Kinder Morgan Declares Force Majeure on West Texas Gas Pipeline After Fire
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
- Pipeline Hydro Test Pressure Determination
- Venezuela Proposes Alternative Payment Plan as Weak Bids Surface in Citgo Auction
- Baker Hughes Wins Contract for Huge Aramco Gas Expansion Project
- Japan Looks at Developing Domestic Pipelines Sector
- Enbridge Picks Contractors for Great Lakes Tunnel Project, Securing Line 5 Pipeline Route
