Europe
Turkey to sign long-term LNG purchase contracts
Turkey is set to finalise long-term contracts for LNG to cover the 2027-2037 period, aimed at securing approximately 5-6 billion cubic meters of LNG annually, will meet 12-13% of Turkey's energy needs.
German government signs off on hydrogen import strategy
Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.
Cleanova acquires Sidco Filter Co. and Shawndra Products
Cleanova has successfully Sidco Filter Co. and Shawndra Products Inc., two leading clean tech filtration companies based in the U.S. These strategic acquisitions align with Cleanova’s vision to expand its global footprint and strengthen its presence in the filtration industry.
Spain's Enagas shares fall as it warns of loss after U.S. asset sale
Shares in Spanish gas grid operator Enagas fell on Tuesday after it warned of a loss for the year after booking a capital hit resulting from the sale of an asset in the United States.
EIA: Less natural gas consumption in Europe is keeping storage full
Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption.
Azerbaijan says it will raise gas exports to Europe to 13 Bm3 in 2024
Azerbaijani President Ilham Aliyev said the country will raise natural gas exports to Europe this year to 13 Bm3 as it moves towards a target to help the European Union (EU) replace Russian energy imports.
Russian pipeline gas exports to EU up 24% y/y in January–June
Russian natural gas exports via pipelines to the European Union countries have jumped by 24% in the first half of the year from the same period in 2023.
Europe gas: Prices edge lower on strong wind power output
Dutch and British gas prices edged lower on Monday morning as expectations of strong output from wind farms curbed gas demand from gas-fired power plants.
SNAM making progress on Ravenna FLNG project (Italy)
Works are proceeding according to schedule on Ravenna's offshore regasifier, which will land 8.5 km from Punta Marina at the end of the year, and become operational in the first quarter of 2025.
bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth
bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.
Global LNG trade increased more than 1.6 Bcf/d in 2023
LNG trade increased 3.1% globally in 2023 to average 52.9 Bcft/d, an increase of 1.6 Bcf/d from 2022, according to a report from the International Group of Liquefied Natural Gas Importers (GIIGNL).
ANGI expands its biomethane business into Europe
ANGI Energy Systems, a Vontier business and a leading provider of sustainable biogas and biomethane compression and decompression solutions, is expanding into Europe.
Austria appoints commission to try to ditch Russian gas contract
Austria's energy minister has appointed a commission of experts to examine whether Austria can scrap a gas-supply contract between OMV and Gazprom to reduce its dependence on Russia.
Energy trader MET Group signs 10-yr U.S. LNG supply deal with Shell
Switzerland-based energy trader MET Group has struck a 10-yr deal for Shell to supply it with liquefied natural gas (LNG) from the U.S. on a free-on-board (FOB) basis.
EnviTec Biogas announces market entry in Sweden
The EnviThan gas upgrading system from EnviTec Biogas AG is a tried and tested technology that can now demonstrate all its advantages in Sweden for the first time.
Norway keen to explore hydropower, CCS projects in Indonesia
Norway is seeking to form a stronger partnership with Indonesia and explore investment opportunities in renewable energy such as hydropower, and carbon capture and storage (CCS).
ADNOC's Ruwais LNG to earmark 40% stake to Shell, Total, bp, Mitsui
Abu Dhabi National Oil Co. (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors: Shell, TotalEnergies, bp and Japan's Mitsui.
BASF and ENGIE sign long-term biomethane purchase agreement in Europe
BASF and ENGIE signed a 7-yr biomethane purchase agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7-3 terawatt hours of biomethane throughout the term of the agreement.
UECC chooses Titan for major liquefied biomethane deliveries
United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of major liquefied biomethane (LBM) bunkering operations in the Port of Zeebrugge.
Vitol invests in future of LNG bunkering by securing three LNG bunkering vessels
Vitol has secured three LNG bunkering vessels. The vessels were secured via a 7 yr-10 yr time charter agreement with Avenir LNG Limited and CIMC Sinopacific Offshore & Engineering Co. Ltd shipyard in Nantong, China.
Europe gas prices tread water in lackluster market
Dutch and British wholesale gas prices were little changed on Tuesday amid tepid demand, stable supply of pipeline and liquefied natural gas (LNG) and plentiful storage levels.
Norway's Vaar Energi extends gas delivery deal with ENI by 12 yr
Vaar Energi has extended an agreement to supply natural gas to Italy's ENI by 12 years. Vaar Energi will under the new deal deliver up to 5 Bm3 of natural gas between 2024 and 2036.
Construction of Germany's first land-based LNG terminal begins
The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027.
Russian court orders Italy's UniCredit to pay $480 MM over aborted gas project
A Russian court has ordered Italian bank UniCredit to pay €448.2 MM ($479.44 MM) in a lawsuit over an aborted gas project brought by St. Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazprom.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
Equinor's Arctic Hammerfest LNG plant restarts after power outage
Equinor's Arctic Hammerfest LNG plant has resumed operation as planned following a weekend power outage that halted production.
Finland's Gasum to end Russian LNG imports in line with EU sanctions
Finland's Gasum, a key gas supplier to the Nordic region, will stop buying and importing Russian liquefied natural gas (LNG) in July in line with fresh European Union sanctions.
China's Wison New Energies to quit Russian projects in blow to Arctic LNG 2
Chinese engineering firm Wison New Energies has decided to discontinue all of its ongoing Russian projects, and will immediately and indefinitely stop taking any new Russian business.
Air Liquide, Dunkerque LNG CO₂ infrastructure project receives support from the EU
Air Liquide and Dunkerque LNG have announced they welcome the decision of the European Commission to support the D'Artagnan project. This carbon dioxide (CO₂) transportation and exportation infrastructure is part of the “Cap Décarbonation” initiative, which aims to reduce CO₂ emissions by 1.5 metric MMtpy in the industrial basin of Dunkirk and its surroundings.
Gasunie, Vopak to explore possibilities for LNG, H2 and CO2 at EemsEnergyTerminal in Eemshaven
In partnership with the Ministry of Economic Affairs and Climate Policy, Gasunie and Vopak are exploring options to utilize the EemsEnergyTerminal for longer than initially planned at the port of Eemshaven.
- Woodfibre LNG receives BCEAO order to move floatel to site to house non-local workforce
- QatarEnergy, Exxon seek to remove contractor from Texas gas project
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Congo Brazzaville becomes an LNG exporting country
- Fulcrum LNG to pair with McDermott, Baker Hughes for Guyana gas project
- EU approves law to hit gas imports with methane emissions limit
- Veolia, Waga Energy and ENGIE collaborate to develop renewable natural gas industry in France
- Hawai'i Gas selects Eurus Energy America, Bana Pacific for hydrogen and renewable natural gas projects
- TotalEnergies increases LNG deliveries to Asia with two new contracts
- Desert Mountain Energy Corp. initiates helium production
