Europe
Water treatment specialist SurfCleaner supplies Norwegian energy giant Equinor
Swedish firm SurfCleaner has delivered a full ATEX SCO 1000 system to Eqinor’s Kårstø processing plant in Nord-Rogaland, the largest of its kind in Europe.
Gazprom plunges to first annual loss in 20 yr as trade with Europe hit
Kremlin-owned gas giant Gazprom revealed that it plunged to a net loss of 629 B roubles ($6.9 B) in 2023, its first annual loss in more than 20 yr, amid dwindling gas trade with Europe, once its main sales market.
Ukraine hopes to boost winter gas storage for Europe by 60%
Ukraine hopes to store around 4 Bm3 of gas for foreign companies and traders this winter, up 60% from last year, despite Russian airstrikes on the country's energy infrastructure.
IEEFA: Tidal wave of new LNG supply to flood market amid demand uncertainty
Sluggish demand growth for liquefied natural gas (LNG), combined with a record increase in global export capacity through 2028, will likely thrust markets into an extended period of oversupply, according to the latest Global LNG Outlook from the Institute for Energy Economics and Financial Analysis (IEEFA).
Turkey in talks with ExxonMobil over multibillion-dollar LNG deal
Turkey is in talks with U.S. energy giant ExxonMobil over a multi-billion-dollar deal to buy LNG, in an effort to curb its dependence on Russian energy.
bp signs long-term LNG agreement with Korea Gas Corp
bp has entered into a long term LNG sale and purchase agreement with South Korea's state run Korea Gas Corp.
Equinor's Hammerfest LNG plant outage extended
The planned restart of Equinor's Hammerfest LNG plant, which was evacuated and shut earlier this week due to a gas leak, has been postponed until Saturday, transparency data showed.
TotalEnergies chief calls potential EU sanctions on Russian LNG a financial boon
Sanctions on Russian gas from the Yamal LNG project would cause prices to spike and profit global gas sellers including TotalEnergies, chief executive Patrick Pouyanne said, in response to an analyst question about the impact of potential EU sanctions.
Shareholders’ Resolution: MOL to pay $668-MM dividend
At the Annual General Meeting of MOL Plc, shareholders approved the Board of Directors' financial performance report for 2023 and adopted the parent company- and consolidated financial statements.
European Commission expected to propose new sanctions on Russian LNG
The European Commission's next sanctions package is expected to propose restrictions on Russian LNG for the first time, including a ban on trans-shipments in the EU and measures on three Russian LNG projects.
Equinor to expand LNG trading, eyes deals in Europe, Asia, senior exec says
Norwegian energy group Equinor plans to expand its LNG trading business and is in talks with a number of potential buyers in Europe and Southeast Asia.
Steep discounts, new vessels spur demand for LNG to power ships
Demand for LNG to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet, industry executives said.
Russia does not rule out LNG exports stagnating in next 4 years
Russia's LNG exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios - a sign that Western sanctions might be cramping Moscow's energy plans.
Spain's gas use falls again despite recovery in industrial demand
Spain's gas demand fell 4% in the first quarter of the year as a drop in use to produce electricity and keep homes warm during a mild winter offset a higher industry requirement.
Russia's Gazprom ships first LNG cargo this year from Portovaya to Asia around Africa
Russia's Gazprom is shipping its first cargo of LNG to Asia this year from its Portovaya plant on the Baltic Sea, travelling around the southern tip of Africa in order to avoid the Red Sea.
Technip Energies OQ’s Marsa LNG project in Oman
Technip Energies has been awarded a substantial contract by TotalEnergies and OQ for the Marsa LNG bunkering project located in Sohar, Oman.
TotalEnergies launches the Marsa LNG project and deploys it's multi-energy strategy in the Sultanate of Oman
During a visit in Muscat, Patrick Pouyanné, Chairman and CEO of TotalEnergies met with His Majesty Sultan Haitham bin Tariq Al Saidand His Excellency Eng. Salim bin Nasser Al Aufi, Minister of Energy & Minerals, to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman.
TotalEnergies signs an agreement to acquire the remaining 50% of SapuraOMV
TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd to acquire its 50% interest in Malaysian independent gas producer and SapuraOMV for a consideration of $530 MM, subject to closing adjustments.
Russia's Q1 LPG exports to China by rail up 51%, calculations show
Russia's exports of LPG to China by rail, the main supply route, rose 51% in the first quarter from a year earlier to 72,300 metric tons.
Asia spot LNG at fresh three-month high on supply concerns
Asian spot LNG prices rose this week to a new three-month high due to supply concerns amid tensions in the Middle East and a drop in feedgas deliveries to two LNG terminals in the U.S.
EU expected to sue Germany over gas tariff
The European Commission is expected to sue Germany for charging its neighbors an extra fee for buying gas from its storage, seen as flouting the EU's single market rules.
Balticconnector gas pipeline will be in commercial use again, Gasgrid says
The damaged Balticconnector gas pipeline between Finland and Estonia will be in commercial use again on April 2024, Finnish gas system operator Gasgrid executive Janne Gronlund told an industry conference.
Global Projects Data
A quick look at total project numbers by region.
Engie buys two Dutch biogas sites, hunts for more
French energy company Engie has acquired two biomethane production sites in the Netherlands it hopes to expand, in line with plans to produce 10 terawatt hours of the gas and sell 30 TWh annually in Europe by 2030.
VNG plans investments in green gases, turned to profits in 2023
VNG, an east German gas subsidiary of power utility EnBW, said it will invest up to $5.31 B by 2035, mostly in green gases.
Norway's Nyhamna gas plant ramps up output after Sleipner repair
Norway's Nyhamna gas processing plant gradually ramped up exports following successful repairs of a faulty valve on the North Sea gas transportation hub Sleipner Riser.
Trafigura to commercially deploy Daphne technology's PureMetrics on LNG carrier
Daphne Technology reached a significant milestone as Trafigura, a global commodities industry leader, selected them for the first commercial deployment of PureMetrics, slated for the summer of 2024.
Russia's Gazprom ships second LNG cargo from Portovaya to Spain
Russia's Gazprom shipped a second cargo of LNG from its small-scale Portovaya LNG plant on the Baltic Sea to Spain.
Uzbekistan aims to achieve a chemical hub status with the help of Chinese polymer tech
Uzbekistan is embarking on a significant economic transformation with the help of Chinese technology, aiming to capitalize on its natural gas reserves by producing value-added products rather than solely relying on energy consumption.
EU Parliament approves legal option to block Russian LNG imports
The European Parliament voted to pass rules allowing European governments to ban Russian LNG imports, by preventing Russian firms from booking gas infrastructure capacity.
- Credit Agricole says it will not fund two major LNG projects
- Shareholders’ Resolution: MOL to pay $668-MM dividend
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Japan's JERA suspends output at 4 gas-fired power plants to secure LNG stocks
- TotalEnergies: Papua LNG project requires 'more work' to reach final investment decision
- Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
- Shell publishes Energy Transition Strategy 2024
- QatarEnergy to charter 19 new LNG vessels expanding fleet further
- Aramco awards $7.7-B contracts to add 1.5 Bscfd of raw gas to Fadhili Gas Plant
- Mabanaft announces successful acquisition of WESTFA Energy GmbH
