Europe
World’s Top LNG Players Push for More, But Greener, Gas Investments
Current investments in gas infrastructure are falling short of what is needed, officials at an industry conference in Japan said on Wednesday, citing the role they say the fuel has to play in both global energy security and the transition to net zero.
Tuscan LNG Terminal to Be Moved Offshore by 2026
An LNG vessel moored in the Tuscan port of Piombino will be moved off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria, the president of Liguria said on Tuesday.
EU Considers Gas Imports from Argentina, Document Shows
The European Union is considering possible gas imports from Argentina, a net gas importer that plans to expand domestic production, a draft document showed.
Brent Oil Hovers Above $81 After Supply Disruptions
Global benchmark Brent crude hovered above $81 a barrel on Friday, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and Nigeria.
German Oil Refinery Wants $448 Million in State Aid for Pipeline Upgrade
German oil refinery PCK Schwedt has applied to the economy ministry for $448.2 million in state aid to help it upgrade the Rostock-Schwedt pipeline, the local authority in Brandenburg said on Tuesday following a meeting at the facility.
Gas Operator DESFA Looking to Build 336-Mile Hydrogen Pipeline for $1.12 Billion
DESFA said that the 540-km (336-mile) pipeline will be part of a European corridor connecting regions with high potential for hydrogen production with central Europe and southern Germany, where significant demand is expected by 2030.
Uniper Chief Says Flexible Duration LNG Contracts Key for Europe
Shorter-duration contracts for LNG purchases will be important for Europe's diversifying supply given uncertainty about long-term gas demand, the new chief executive of German utility Uniper said on Monday.
Poland Wants NATO Pipelines to Reach Further East, President Says
Poland wants NATO to discuss extending its Cold War era oil pipeline system further east, President Andrzej Duda said on Monday before leaving for Vilnius for a NATO summit that will start on Tuesday.
Edison CEO: 1,242-Mile EastMed Pipeline Project Still Viable
A project to build a 2,000-km (1,242-mile) pipeline to bring natural gas from East Mediterranean fields to Europe is still alive, the CEO of Italian energy group Edison said on Friday.
German Parliament Backs Fast-Track Plans for LNG Terminals
Germany's lower house of parliament on Friday passed a legal reform to speed up the construction of LNG terminals off the Baltic Sea coast, defying resistance from local governments and environmental groups.
Portugal Doubles 2030 Goals for Solar and Hydrogen Capacity
Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolyzers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by 2040 and possibly become carbon neutral by 2045.
Leviathan Partners in Israel to Invest $568 Million in Third Gas Pipeline
Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports.
Germany, South Africa Agree to Cooperate on Green Hydrogen Projects
Germany and South Africa on Tuesday agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa's huge renewable resource potential to meet 2050 net-zero targets.
Greek Gas Grid Says 27 Companies Interested in Booking Future Capacity
Greece has become a key transit route for gas in Europe thanks to a liquefied gas facility off Athens, which saw increased traffic from around the world after the war in Ukraine cut flows of Russian gas to the continent.
Italy Energy Minister Sees LNG Terminals Covering 50% of Gas Needs
Italy's Environment and Energy Minister Gilberto Pichetto Fratin said on Wednesday that deliveries by ship of LNG were a reliable source of energy that could cover 50% of the country's gas needs.
Portugal's Grid Ready to Transport 10% Hydrogen This Year
Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry up to 10% share of green hydrogen as early this year, the company said on Thursday.
Venture Global LNG Signs 20-Year Contract with German Energy Firm
U.S LNG developer Venture Global LNG on Thursday said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 MTPA of LNG.
Shell Resumes Maintenance at Key Norway Gas Terminal
Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement late on Thursday.
Romania Could Be Net Gas Exporter in Coming Years with Neptun Project
Romania could become a net exporter of gas in the coming years as the Neptun Deep Black Sea gas project, expected to begin production by 2027, comes online, the heads of the companies running the project said on Thursday.
DNV Grants Safety Certification to Project Greensand's CO2 Storage in the North Sea
(P&GJ) — The project is the first in the world to demonstrate that CO2 can be transported across national borders and stored offshore to mitigate climate change. The safety verification covers everything from the fabrication by the individual subcontractors to the actual offshore installation.
OMV Petrom Makes Largest Crude Oil Discovery in Decades
The deposits are the largest crude oil discovery OMV Petrom has made in decades, it said, and were found in southern Romania holding over 30 million barrels of oil equivalent of recoverable resources.
Germany Welcomes Construction of Hydrogen-Ready Pipeline with Italy
The 3,300-km (2,050-mile) project is led by four major European transmission system operators (TSOs): Snam, Trans Austria Gasleitung (TAG), Gas Connect Austria (GCA) and bayernets in Germany.
Explainer: Black Sea Grain Deal Could Hinge on Ammonia Pipeline
The pipeline used by Russia to pump up to 2.5 million tonnes of ammonia annually for global export to Ukraine's Pivdennyi port on the Black Sea from Togliatti on the Volga River in western Russia has been shut down since Moscow's invasion of Ukraine.
Europe's Biggest Gas Supplier Says All Clear from Pipeline Security Checks
Inspections of Norway's offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy major Equinor told Reuters, in the first official word on the security sweep.
Hyphen and Namibia Agree Next Phase of $10 Billion Green Hydrogen Project
Hyphen Hydrogen Energy has agreed a deal with the government of Namibia for the next phase of a $10 billion green hydrogen project that will export to Europe once complete, the two parties said on Wednesday.
Sources: Four Bidders Vie for Stake in Exxon LNG Terminal in Italy
Four international groups are competing to buy Exxon Mobil Corp.'s majority stake in an LNG terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around $881 million.
PetroChina, BP Awarded 20-Year Access to Europe's Gate LNG Terminal
PetroChina International and energy giant BP have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.
Air Products Signs $1 Billion Deal for Gas Processing Facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said on Thursday it had signed a $1 billion deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Finland's Gasum Terminates Gazprom Pipeline Gas Contract
Gasum has terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia. Gazprom ceased pipeline-based natural gas deliveries to Gasum in May 2022 in a dispute over payments, and the two sides had been in talks to resolve the matter.
Greece's Alexandroupolis Port Gets $26 Million in EU Funding
The port is expected to become an important entry point for energy to Europe. Greece and Bulgaria have also been looking to revive a pipeline project to transport crude oil from the port to Bulgaria's Black Sea port of Burgas.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- 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
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
