Europe

Germany Loses Gazprom Pipeline Appeal as Court Sides with Poland

Berlin lost its fight against a ruling limiting Gazprom's access to the OPAL pipeline that links the Russian gas producer's Nord Stream pipeline to Germany after Europe's top court sided with Poland.

Global News July 2021

11 EU Countries Oppose Plan to Continue Gas Project Funding, FERC Approves Enable’s Proposed Louisiana Pipeline and more

Ukraine Seeks Energy 'Security Guarantees' From Biden-Merkel Meeting

Ukrainian President Volodymyr Zelenskiy is pinning hopes on the United States and Germany to come up with energy "security guarantees" for Ukraine amid fears over Russia's Nord Stream 2 gas pipeline to Europe.

Merkel, Biden Face Tough Talks on Russian Gas Pipeline, China

Chancellor Angela Merkel and President Joe Biden will hold talks at the White House on Thursday that experts say are unlikely to yield major breakthroughs on divisive issues like a Russian gas pipeline to Germany.

Merkel Reassures Ukraine on Gas Transit Before Talks with Biden

Ukraine can be confident that Germany and the European Union will guarantee its status as a transit country for Russian gas even after the Nord Stream 2 pipeline has opened, German Chancellor Angela Merkel said on Monday.

Linden Energy Acquiring 50% Stake in Bulgaria's Largest Private Gas Company

Linden Energy, a U.S.-based energy development company, today announced it has signed an agreement to acquire 50% of Overgas Inc. AD, the first independent Bulgarian gas trader, as well as the largest privately owned gas company in the country.

Norway’s Pipeline Sector Continues to Grow

Norway has benefited from North Sea oil and gas for over half a century. At the start of 2021, Norway was the world’s third-largest gas exporter and fifteenth biggest oil producer after Qatar, reported the BP “Statistical Review of World Energy 2020.”

Record-Breaking Summer European Gas Prices Signal an Expensive Winter

European gas prices vaulted to record highs this summer, driven by factors ranging from low inventories and outages to an Asian buying spree, and signaling further rises in coming months that could mean higher household bills this winter.

U.S. House Panel Passes Amendment to Stop Sanctions Waiver on Nord Stream 2

The Biden administration could face pressure to block Russia's Nord Stream 2 natural gas pipeline after a House of Representatives panel this week passed an amendment seeking to repeal the U.S. State Department's ability to waive sanctions on the project.

Shell Opens 10 MW German Hydrogen Electrolyzer to Boost Green Fuel Output

Royal Dutch Shell launched Europe's biggest hydrogen electrolysis plant at the Wesseling site of its Rheinland refinery after two years of construction, as it expands further into alternative energies.

Gazprom Holds Back Exports via Ukraine, Pressing Case for Nord Stream 2

Kremlin-controlled gas giant Gazprom has held off from booking additional capacity for gas supplies via Ukraine to meet surging demand in recent months, sending a clear sign it is waiting for the Nord Stream 2 pipeline to be commissioned, analysts said.

EBRD Stops Investing in Upstream Oil and Gas to Align with Paris Goals

The European Bank for Reconstruction and Development will stop investing in upstream oil and gas projects as part of plans to align its activities with the goals of the Paris Agreement, but will continue to finance select projects in the midstream and downstream sectors.

EU Countries Approve Landmark Climate Change Law

European Union countries on Monday gave the final seal of approval to a law to make the bloc's greenhouse gas emissions targets legally binding, as EU policymakers prepare a huge new package of policies to fight climate change.

European Commission Approves French Support for Natural Gas Storage

France's system of financial support for natural gas storage, set up in 2017 to shore up the country's energy supplies, complies with European Union state aid rules, the European Commission said.

Germany, U.S. Seek to Resolve Nord Stream 2 Dispute by End August

German Economy Minister Peter Altmaier on Friday said he had a productive meeting with U.S. Energy Secretary Jennifer Granholm, and both countries were committed to resolving a dispute over the Nord Stream 2 pipeline by the end of August.

Brussels Region to Ban Diesel Cars by 2030, Petrol Cars by 2035

The ban will also apply to vehicles running on compressed-natural gas, liquefied natural gas and hybrids from 2035 in an effort to meet the European Union's carbon neutrality goal by 2050.

Blinken Says Nord Stream 2 is Russian Project That Undermines Ukraine

U.S. Secretary of State Antony Blinken on Wednesday described the Nord Stream 2 gas pipeline as a Russian geopolitical project that undermines the security of Ukraine, adding the United States wants to ensure Russia does not use energy as a coercive tool against any European state.

Ukraine Prepared to Act Against Gazprom Over Central Asian Gas

Ukraine is prepared to take legal action against Gazprom to unblock natural gas supplies from central Asia, the Financial Times reported on Monday.

EU Countries Meet to Tussle Over Gas Project Funding

European Union energy ministers meet in Luxembourg on Friday to debate prolonging EU support for some cross-border natural gas projects, despite the European Commission saying such funding should end to meet climate change goals.

Turkey Turns to U.S. Firms while Planning Black Sea Gas Extraction, Official Says

Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.

Nord Stream 2 to Start Work on Filling Pipeline on Friday

Russia's Nord Stream 2 gas project will start preparations on Friday to fill the first of two pipelines with natural gas, the Gazprom-led project said on Thursday.

Timeline of Nord Stream 2: The Difficult Birth of Russia's Gas Link to Germany

The Nord Stream 2 pipeline looks set for completion after U.S. Secretary of State Antony Blinken on Monday called it a "fait accompli" and said United States was working with Germany to mitigate its effects.

Transneft Halting Oil Supplies to Poland Due to Pipeline Maintenance

Russian oil pipeline monopoly Transneft said on Wednesday it will halt oil shipments to Poland via the Druzhba pipeline for four days to carry out maintenance work, the Interfax news agency reported.

U.S. to Insist on 'Real Steps' to Mitigate Russian Pipeline Impact

U.S. Secretary of State Antony Blinken said on Tuesday that Washington was working with Germany to try to mitigate any effects of the completion of the Russian Nord Stream 2 natural gas pipeline.

Blinken: U.S. Able to Mitigate Nord Stream 2 Pipeline Effects

Secretary of State Antony Blinken said on Monday the completion of the Russian Nord Stream 2 natural gas pipeline was a "fait accompli,” defending the U.S. decision to waive some sanctions and vowing a response if Moscow tries to use gas as a weapon.

Norway's Equinor Books Capacity at Lithuanian LNG Terminal

Norwegian oil and gas company Equinor booked capacity for the first time to import LNG to Baltic States via Lithuania's Klaipeda LNG terminal.

Germany: Ukraine Must Remain Gas Transit Country After New Pipeline

Germany said Ukraine should remain a transit country for Russian gas, the Frankfurter Allgemeine newspaper reported, after President Vladimir Putin said it would depend on the former Soviet republic showing "goodwill" towards Moscow.

Turkey Discovered 135 BCM Additional Natural Gas in Black Sea

Turkey has discovered 135 billion cubic meters of additional natural gas in the southern Black Sea, President Tayyip Erdogan said, raising the total discovery in the region to 540 billion cubic meters.

Nord Stream 2 to Be Completed as US Wants Good Ties With EU, Putin Says

Russia's Nord Stream 2 gas pipeline to Germany should be completed as new U.S. administration wants good relations with Europe, Russian President Vladimir Putin told an economic forum.

Hungary Agrees to 15-year Gas Deal with Gazprom

Although the Shell deal was its first with a Western supplier, Hungary has relied on Russia for most of its natural gas imports via a pipeline through Ukraine. That will change with the inauguration of a new southern pipeline across the Balkans.