Europe

Record warmth leaves world with too much gas

The northern hemisphere experienced its warmest October and November in records dating back to the 1880s – pushing the gas market into a large surplus and triggering a slump in prices.

DNV to support UK National Gas Transmission with world first hydrogen pipeline research facility

DNV is the lead partner for National Gas Transmission in further expanding a world first hydrogen pipeline research facility FutureGrid.

Equinor buys Shell's stake in the Linnorm gas discovery

Norway's Equinor said it has agreed to buy Shell's stake in the Linnorm gas discovery in the Norwegian Sea, raising its ownership to 50%.

Latvia utility buys LNG from Equinor

Latvian state-owned utility Latvenergo said it had agreed to purchase six cargoes of LNG from Equinor for delivery via Lithuania's Klaipeda terminal.

Afghanistan doubles Russian LPG fuel imports, industry data shows

Afghanistan's Taliban government doubled purchases of Russian LPG in the January-November period, according to industry data, as Russia redirects supplies away from Europe amid political fallout from the Ukraine conflict.

Germany's Stade LNG project expects floating terminal in February

Germany's emerging LNG terminal in the Elbe river port of Stade expects its floating regasification vessel to arrive in February, allowing seaborne gas cargoes to be fed into local pipeline grids.

Moscow says EU will not succeed in curbing Russian gas imports

The European Union's plans to give its member states the power to halt gas imports from Russia will not succeed and won't hurt the Russian economy.

Serbia launches interconnector to gas pipeline in Bulgaria

Serbia completed the interconnector to a pipeline in Bulgaria which would allow the Balkan country to diversify its gas supplies and reduce its dependence on Russia.

Asia-Europe LNG spread at widest level in almost two years

The Asia-Europe LNG spread has hit its widest level in about two years, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.

Moldovan natgas chief offers to take over Ukraine transit of Russian gas

The head of Moldova's national gas company proposed that it take over the transport of Russian giant Gazprom's supplies through Ukraine if Kyiv decides against renewing a transit contract that runs out next year.

EU to give member states authority to halt Russian gas imports

The European Union is poised to give its member states the power to halt gas imports from Russia and Belarus.

Four suitors offer more than €600 MM for Edison gas storage

Edison's gas storage assets have attracted offers from four Italian and international suitors, setting the stage for a transaction that could be worth more than €600 MM.

Italy's Saipem has completed exit from Russia's Arctic-2 LNG project

Italian energy engineering and construction group Saipem is no longer involved in Arctic-2 LNG, a massive Russian project to build a LNG production site in the Arctic, which was targeted by U.S. sanctions last month.

Asia-Europe LNG spread at widest level in almost a year

The Asia-Europe LNG spread has hit its widest level in about a year, data from S&P Global Commodity Insights showed, as congestion at Panama makes sending U.S. LNG to Asia via alternative routes a bit more expensive than normal.

"Leave no stone unturned" in gas exploration, Norway tells industry

Norway still has vast proven natural gas resources without development plans urging exploration companies to find ways of producing it despite technological challenges.

Countries in the Middle East and North Africa supply about one-third of global LNG

Exporting countries in the Middle East and North Africa region supplied nearly one-third (29%) of global LNG exports in 2022, according to data from the International Group of Liquefied Natural Gas Importers.

Outokumpu and Alfa Laval join forces to reduce emissions in stainless steel production

Outokumpu and Alfa Laval have entered into a contract regarding the delivery of Outokumpu Circle Green stainless steel.

ADNOC and SOCAR to collaborate on hydrogen, carbon management and geothermal technologies

ADNOC and the State Oil Company of Azerbaijan Republic announced the signing of a strategic collaboration agreement that sets out their intention to collaborate on the potential development of low carbon energy technologies.

EnerMech’s fast track expertise safely supports progress of vital LNG projects

EnerMech, and its alliance partner Offshore Technical Services, have been instrumental in helping fast track the first phase of a major project to import LNG to Germany as the country races to reduce its dependence on Russian energy.

Russia's LNG supplies to Europe hit monthly record high in November

Supplies of Russian LNG to Europe reached a monthly high of 1.75 Mmt, while deliveries to China declined.

OMV and Cheniere sign long-term LNG supply agreement

OMV announced the signing of a long-term sale and purchase agreement with US-based company Cheniere Energy, Inc. covering the supply of up to 850,000 tpy of LNG beginning in late 2029.

Russian pipeline gas exports to Europe down 4.3% in November

Average daily natural gas supplies to Europe by Russian energy giant Gazprom were down 4.3% in November from their October levels.

Kyiv proposes reversing Trans-Balkan gas pipeline flows through Ukraine

Ukraine's state gas transit operator proposed reversing gas flows through the Trans-Balkan pipeline, which would allow gas to be pumped from the Balkans to Central and Eastern European countries through Ukraine.

Topsoe and Standard Gas sign MoU to collaborate on UK-based renewable natural gas and methanol project

Topsoe announces it has signed an MoU with Standard Gas, a decarbonization technology company, to collaborate on a UK-based project to produce renewable natural gas and methanol from residual waste feedstocks.

Centrica pumps gas from Rough storage into UK grid as demand rises

British Gas owner Centrica has released stored gas from its largest storage facility into the national grid for the first time this winter, it said on Tuesday, seeking to manage rising heating demand and contain prices.

Delfin signs 15-year LNG supply agreement with Gunvor

Delfin Midstream Inc said it had entered into a long-term LNG supply agreement with global commodity trader Gunvor.

Russia's monthly gas output up in Oct, down in Jan-Oct

Russia's gas output rose for the third month in row in October but overall gas production in the first 10 months of the year fell.

OPEC head accuses IEA of vilifying fossil fuel industry

OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.

Russia expects to reach agreement on gas hub project with Turkey soon

Moscow and Ankara are set to reach agreement on the creation of a natural gas hub in Turkey in the nearest future.

Moody's lifts Czech Republic outlook on lower Russian gas reliance

Ratings agency Moody's upgraded its outlook on the Czech Republic to "stable" from "negative", citing significant reduction in risks related to the country's dependence on Russian gas supply.