Europe

VTTI to control Italy's biggest LNG terminal, Snam to get 30%

Energy storage group VTTI will get a 70% stake in Italy's biggest LNG terminal, with grid operator Snam owning the rest, the Milan-listed group said late on Wednesday, announcing a deal to be finalized by year-end.

Russia's Novatek may scale back Arctic LNG 2, focus on Murmansk

Russia's Novatek is being forced to scale back its huge Arctic LNG 2 project after Western sanctions curbed its access to ice-class tankers and will focus instead on developing its project at the ice-free port of Murmansk.

Henkel closes acquisition of specialized supplier for protective coating and sealing solutions

Henkel has successfully completed the acquisition of the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.

NextChem and Vallourec to merge green ammonia tech with hydrogen storage for "Power-To-X" projects

Maire announces that NextChem, through its subsidiary NextChem Tech, and Vallourec, agreed to cooperate on the integration of NextChem’s proprietary green ammonia technology with Vallourec’s Delphy hydrogen storage technology and its subsequent commercialization.

SIAD Americas LLC established by SIAD Macchine Impianti S.p.A.

SIAD Macchine Impianti S.p.A., a wholly owned subsidiary of SIAD S.p.A., has announced the formation of SIAD Americas LLC which will be headquartered in The Woodlands north of Houston, Texas (U.S.).

Dutch Senate delays Groningen gas field shutdown

The Dutch Senate has postponed a vote on a law to close permanently the Groningen gas field, angering the government that has said production would never resume because of the risk of earthquakes.

New retractable submerged pumps from Vanzetti Engineering

Vanzetti Engineering presents the new ESK-IMO series of retractable submerged pumps, which are used in Small-Scale LNG Terminals and as Emergency pumps or Cargo/Stripping pumps in the marine sector.

Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers

Novatek, Russia's largest producer of LNG, has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers.

U.S. March LNG exports flat as Freeport plant woes continue

U.S. exports of LNG fell slightly in March to 7.61 MMt from 7.73 MMt in February as production of the superchilled gas from the country's second largest exporter remained constrained, preliminary data from financial firm LSEG showed.

Russian pipeline gas exports to Europe rise 4.5% in March m/m

Russian energy giant Gazprom's average daily natural gas supplies to Europe rose 4.5% in March from February levels and by almost 26% from the same month of 2023.

Moldova to buy U.S.-origin LNG from Greece for consumers

Moldova's domestic gas supplier Energocom said it will supply its consumers with test volumes of U.S.-origin LNG for the first time.

Credit Agricole says it will not fund two major LNG projects

Credit Agricole said that it would not provide financing to two major LNG projects, citing commitments to refrain from new fossil fuel developments.

Challenges in LNG delivery amidst Russia's energy market stability

Deputy Prime Minister Alexander Novak addresses challenges in LNG delivery, particularly concerning the Arctic LNG 2 project, amidst Russia's stable energy market despite drone attacks and sanctions.

Greece's DEPA files for arbitration over prices in Gazprom deal

Greek gas supplier DEPA Commercial has filed for arbitration to seek a price revision on its gas supply contract with Gazprom.

UK's greenhouse gas emissions fell 5.4% in 2023 on lower gas use

Britain's greenhouse gas emissions fell by 5.4% in 2023, government data showed, with less gas used to generate electricity and heat homes.

IKAV, VTTI buy majority stake in Italy's biggest LNG terminal

Dutch infrastructure group VTTI and German asset manager IKAV have teamed up to buy a majority stake in Italy's biggest LNG terminal.

Europe’s gas stocks point to healthy supply next winter

The European Union will have plenty of gas in stock next winter and the remaining buyers of Russian pipeline gas in central Europe are working on alternative imports in case transit via Ukraine stops from January.

Gazprom's unit buys former Shell stake in Sakhalin Energy for $1 B

Kremlin-controlled energy giant Gazprom has acquired a 27.5% stake, formerly owned by Shell, in Russian LNG producer Sakhalin Energy for around $1 B, according to a government order.

SEFE to become sole shareholder of gas grid operator WIGA

German nationalized energy firm SEFE will take full ownership of gas transmission network WIGA by buying around half of it from joint venture partner Wintershall, in the latest sign of Berlin tightening its grip on energy infrastructure.

Russia's Gazprom ships first LNG cargo from Portovaya to Spain

Russia's Gazprom shipped a cargo of LNG from its small-scale Portovaya LNG plant on the Baltic Sea to Spain for the first time.

ExxonMobil ahead of schedule on doubling LNG portfolio, exec says

ExxonMobil is ahead of schedule with its plan to double the size of its LNG portfolio to 40 MMtpy by 2030 and will focus on selling its own gas rather than trading that of third parties.

Ukraine's Naftogaz says its facilities damaged in overnight Russian strikes

Ukraine's state-owned oil and gas company Naftogaz said its facilities had been damaged in overnight Russian strikes on Ukraine's energy system.

Global LNG market will 'be tight' until 2026 - TotalEnergies CEO

The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.

European coal-to-gas fuel switching set to continue this year

The fall of European wholesale gas prices to levels from before the Ukraine war and greater use of renewable energy is encouraging more electricity utilities to ditch heavily polluting coal, further pushing coal out of the power mix.

Europe requires greater infrastructure to cut reliance on Russian gas

Europe will need to come up with more infrastructure if it is to replace Russian gas as thoroughly has it has crude oil, oil and gas executives said at an energy conference.

Methane to become key criteria for future EU energy imports

The EU will increasingly use methane emissions as a criteria for deciding who it buys energy from in the future, an official said at a U.N. methane conference, urging other major importers to do the same.

TES partners with 7 large international companies to create a global e-NG coalition

TES has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively dedicated to electric natural gas (e-NG or e-natural gas), also referred to as e-methane.

Ukraine has no plan to extend Russian gas transit deal

Ukraine said it does not plan to prolong a five-year deal with Russia's Gazprom on the transit of Russian gas to Europe or to sign another one.

Germany's Stade LNG terminal to receive first vessel

Germany's LNG terminal in the Elbe river port of Stade expects its first floating regasification vessel to arrive, the state-appointed manager of regasification terminals said.

Germany builds up LNG import terminals

Germany's Elbe river LNG port at Stade expects its first floating regasification vessel to arrive, shortly after the first arrival of LNG at the Baltic Sea terminal of Mukran.