Europe

Exxon Mobil May Completely Withdraw from Russia by June 24 — Sources

Exxon Mobil is considering a complete withdrawal from Russia by June 24, following the U.S. group's decision back in March to exit from its oil and gas operations in the country.

Gas Interconnection Poland-Lithuania Pipeline Project Completed

The construction of the 508-km (315 mile) Gas Interconnection Poland-Lithuania (GIPL) pipeline has been completed, and partial capacity will be available beginning May 1, according to operator Amber Grid Corp.

European Markets Looking to Canada, but More Pipe Needed First

When Justin Trudeau became Canada’s prime minister in 2015, the Syrian civil war had reached its violent peak and refugees were streaming across the Atlantic.

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating LNG gas terminals and is considering getting a fourth to more quickly reduce dependence on Russia for gas supplies, a government source said.

Italy Clinches Gas Deal with Algeria to Temper Russian Reliance

Algeria is Italy's second-biggest gas supplier. The Transmed pipeline has a daily capacity of more than 110 million cubic meters but currently transports only around 60 million cubic meters.

Shell, Uniper Partner on UK Low-Carbon Hydrogen Facility

The project will include a blue hydrogen production facility with a capacity of up to 720 megawatts using gas reformation technology with carbon capture and storage.

BASF Reports Q1 Profit Slump Due to Nord Stream 2 Impairments

Germany halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

OGE Plans Pipeline Link for Wilhelmshaven LNG Terminal

Germany's biggest pipeline network operator Open Grid Europe (OGE) plans to build a 30 km (18 miles) LNG link from a planned terminal at the North Sea port of Wilhelmshaven by the end of the year.

Spain to Open Idle Liquid Gas Facility as European Storage Base

Spain plans to open a never-before-used LNG plant on its northern coast and dedicate it to receiving and re-exporting fuel to other European countries struggling to break their dependence on gas piped from Russia.

US Diplomat: Proposed EastMed Gas Pipeline Is Not Viable

Europe needs to swiftly find alternative sources of energy following Russia's invasion of Ukraine but a proposed pipeline taking east Mediterranean gas to the continent via Israel, Cyprus and Greece is not viable, a senior U.S. diplomat said.

Greece, Cyprus, Israel Continue Work on Natgas Pipeline Projects Amid Ukraine War

Greece, Cyprus and Israel will continue working together on natural gas pipeline projects with European energy dependency a new focus because of the war in Ukraine.

ClassNK Approves J-DeEP’s Design for Floating Hydrogen Production Plant Offshore Scotland

ClassNK, a Tokyo-based ship classification society, issued an Approval in Principle (AiP) for the design of a floating offshore hydrogen production plant developed by Japan Offshore Design & Engineering Platform Technology & Engineering Research Association (J-DeEP).

Russian Gas Flows on Key Pipelines to Europe Remain Steady

Russian gas deliveries via three key pipelines into Europe were little changed on Tuesday morning, with physical flows on the Yamal-Europe pipeline at the German border point of Mallnow at zero for a third day.

Gas Flows Via Yamal-Europe Pipeline Resume Eastwards; Other Flows Steady

Russian gas via the Yamal-Europe pipeline has resumed eastward flows from Germany to Poland, while flows via other major Russian supply routes were steady despite President Vladimir Putin's vow to cut off flows unless customers pay in rubles.

Europe's Appetite for US Gas Fast-Tracks Two New LNG Projects

Two U.S. LNG projects took major steps toward launching this week as Russia's threats to cut energy supplies to Europe drives up demand and prices for the super-chilled fuel.

Baker Hughes to Provide Hydrogen-Ready Compressor Upgrade for Greece Pipeline

Baker Hughes has been awarded a contract to supply gas turbines and compressors that can run on a blend of natural gas and hydrogen for a new compression station of the Greek Natural Gas Transmission System.

Turkey Says Gas Pipeline with Israel Not Possible in Short Term

A potential gas pipeline project between Turkey and Israel is not possible in the short-term and building an alternative system to cut dependence on Russia will not happen quickly, Turkish Foreign Minister Mevlut Cavusoglu said.

Italy's Draghi Discussed Idea of Italy-Spain Pipeline with Sanchez

Italian Prime Minister Mario Draghi said he had discussed the idea of building a gas pipeline to Spain with his Spanish counterpart as part of plans to wean Europe off Russian gas.

Greece Will Review Plans on Additional LNG Cargoes If Russian Gas Flows Stop

The Greek gas grid operator will review its plans on additional cargoes of LNG that Greece might need if Russia stops gas supplies to the country, the energy ministry said.

Russian Gas Supplies to Europe Ease as Westward Yamal Flows Stop Again

Russian gas deliveries to Europe on three key pipeline routes eased slightly as flows on the Yamal-Europe pipeline to Germany stopped after a brief resumption on Wednesday.

Gas Flows Via Yamal-Europe Pipeline Fall to Zero, Other Flows Steady

Physical gas flows through the Yamal-Europe pipeline at Germany's Mallnow point fell to zero on Tuesday, while Russian gas deliveries to Europe on the other two key pipeline routes were broadly steady.

Israel-Turkey Gas Pipeline an Option for Russia-Wary Europe — Sources

A Turkey-Israel gas pipeline is being discussed behind the scenes as one of Europe's alternatives to Russian energy supplies, but it will take complicated maneuvering to reach any deal.

US, German Officials to Meet This Week on LNG, Hydrogen Supplies

U.S. and German government officials will meet with energy executives in Berlin to discuss ways to boost Germany's energy supplies, as Russia's war in Ukraine ratchets up pressure on Europe to find alternate sources of energy.

US Oil Exports Surge, Drawing Crude Away from Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub are instead being exported via the Gulf Coast.

Russian Gas Flows to Europe Remain Stable

Russian gas deliveries to Europe on three main pipeline routes were stable on Monday, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.

France Wants to Build Floating LNG Terminal at Le Havre

The French government is in talks with energy company TotalEnergies to build a floating LNG terminal in the northern port of Le Havre.

US, EU Strike LNG Deal as Europe Seeks to Cut Russian Gas

The United States will work to supply 15 billion cubic meters (Bcm) of LNG to European Union markets this year, as Europe seeks to wean itself off Russian gas supplies.

Chevron 'Assessing' Status of Russian Terminal, Says Oil Pipeline Operating

Chevron holds a 15% stake in the Caspian Pipeline Consortium (CPC), which owns a 1,510-km (938 miles) pipeline that carries about 1.2% of the world's oil from oilfields in Kazakhstan to an export terminal in Russia.

Sanctions on Russian Oil, Gas Will Hammer Global Market, Novak Says

Germany halted the Nord Stream 2 gas pipeline project, which was designed to double the flow of Russian gas heading direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.

Shell Signs Deal to Receive LNG at Future German Brunsbuettel Terminal

Shell has committed to booking a substantial part of a yet-to-be built landing terminal for LNG at the North Sea port of Brunsbuettel, as companies strive to lower their dependency on Russian pipeline gas.