Europe
Germany, South Africa agree to cooperate on green hydrogen projects
Germany and South Africa y agreed to cooperate on green hydrogen projects in the latest bid by Europe to tap into Africa's huge renewable resource potential to meet 2050 net zero targets.
Petronas, TotalEnergies and Mitsui ink carbon capture and storage project deal
Petronas said it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd., to collaborate on a carbon capture and storage project in Malaysia.
Copenhagen Infrastructure Partners and Wega form strategic partnership in Finland
Copenhagen Infrastructure Partners through its CI Advanced Bioenergy Fund I announced that it has signed an agreement with Wega Group OY to establish an advanced bioenergy platform in Finland
INEOS Energy charters two LNG carriers to create virtual LNG pipeline from the U.S. to Europe
INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines for two new build LNG carriers, to be used for the import of LNG into Germany from the United States.
Yara postpones clean ammonia IPO after weak valuation
Norway's Yara has postponed a planned initial public offering of its Yara Clean Ammonia business by one or two years due to an unsatisfactory market valuation, the fertilizer maker said in a strategy update.
Wood and Centrica Storage explore low-carbon hydrogen production hub
Wood is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal to a low-carbon production hub.
Shell resumes maintenance at key Norway gas terminal
Shell has resumed maintenance work at Norway's Nyhamna gas processing plant, which had been postponed last week due to a problem with the facility's cooling systems, the company said in a statement.
Netherlands to end Groningen gas production by Oct 1
Gas production at the Netherlands' Groningen field will end by Oct. 1, the government said, as it kept its promise to rapidly cease already minimal extraction to limit seismic risks in the region.
Eni sees synergies of up to $1 B from Neptune acquisition
Italian energy group Eni said that synergies from the $4.9-B acquisition of private-equity backed Neptune Energy could reach $1 B as the two groups integrate their operations across key geographies.
Netherlands increases subsidies for green hydrogen production
The Dutch government said it will increase subsidies for the production of hydrogen from renewable sources of energy, known as 'green hydrogen', by €1 B next year and another €3.9 B in the years after.
Venture Global LNG signs 20-year contract with German energy firm
U.S. liquefied natural gas developer Venture Global LNG said it had signed a 20-year deal to provide Germany's Securing Energy for Europe GmbH with 2.25 mpta of LNG.
Portugal's grid ready to transport 10% hydrogen this year
Portugal's REN has started adapting its high-pressure natural gas grid to allow it to carry an up to 10% share of green hydrogen as early this year, the company said.
Germany builds up LNG import terminals
Deutsche ReGas has sub-chartered a second floating storage and reception unit for liquefied natural gas for the Mukran terminal project in the Baltic Sea, with its LNG to flow to onshore grids via the nearby port of Lubmin from next winter.
Russia gas flows through Ukraine could stop next year
Russia could shut off one of the last arteries carrying Russian gas to Europe by the end of next year when Ukraine's supply contract with Gazprom expires citing an interview with Ukraine energy minister German Galushchenko.
Engie bets on Korean demand with $7-B Oman green ammonia project
French energy company Engie was awarded a land parcel in Oman, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
OMV Petrom greenlights Neptun Deep Black Sea gas project
Romania's OMV Petrom will develop the long-awaited Neptun Deep Black Sea gas project and expects first output by 2027, it said on Wednesday as it announced its final investment decision.
Japan's Mitsui says no plans to exit Russia's Sakhalin-2 LNG project
Japanese trading house Mitsui & Co has no plans to withdraw from the Sakhalin-2 liquefied natural gas project in Russia, a senior executive said, adding the operation was continuing super-chilled fuel exports to Japan.
South Africa partners with Dutch, Danish governments on green hydrogen fund
South Africa and the governments of the Netherlands and Denmark launched a $1-B green hydrogen fund to help kick-start an industry seen as critical to the country's decarbonization efforts.
Russia's Novatek seeks rights for gas export from planned Murmansk LNG plant
The head of Russia's largest liquefied natural gas producer Novatek said the company is pushing for changes to the gas export law so that its future Murmansk LNG plant will be able to sell LNG abroad, TASS news agency reported.
Norway May gas output declines more than expected
Norway's crude oil and gas output fell in May from the previous month, with gas production lagging official forecast while oil exceeded expectations, Norwegian Petroleum Directorate said.
Asia thermal coal prices get the blues from Europe and LNG
Seaborne thermal coal prices in Asia have slumped to the lowest in two years as weakening demand in Europe and falling liquefied natural gas prices outweigh strong demand in the top-importing region.
Cyprus changes tack with plan for Mediterranean gas link to Israel
Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters.
thyssenkrupp pulls trigger on long-awaited IPO of hydrogen division Nucera
thyssenkrupp launched the long-awaited listing of its hydrogen division Nucera, suggesting its new chief executive intends to waste no time in reviving the fortunes of the embattled conglomerate.
Norway gas output lower than planned due to Shell outage, Gassco says
Norway's overall gas production will be lower than planned in the coming weeks due to an extended outage at Shell's Nyhamna processing plant, gas infrastructure operator Gassco said.
Edison opens 'strategic' hydrogen-ready power plant near Venice
Italian energy group Edison inaugurated a new lower-emissions gas power station near Venice which in the future should also run on a hydrogen-gas mix that should be even less pollutant.
Asian spot LNG prices rise to at 3-month high tracking European prices
Asian spot LNG prices reversed their multi-week downward trend and rose to a three-month high this week, tracking European gas gains and as high temperatures in north-east Asia increased cooling demand.
Varo Energy acquires second biogas firm in 2023
European refiner and trader Varo Energy is acquiring biogas supplier Renewable Energy Services, its second deal this year in a sector which is expected to grow rapidly as economies seek to reduce carbon emissions.
Spain's energy firms look to central Europe markets for green hydrogen deals
Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step.
Pakistan approves LNG purchase deal with Azerbaijan
Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.
TotalEnergies buys $219-MM stake in LNG developer NextDecade
TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 MM, the French group said, part of a broader deal to enable the Texas company's Rio Grande LNG export project to proceed.
- Japan's Mitsubishi to acquire stake in Petronas LNG plant
- McDermott awarded Rovuma LNG Phase 1 FEED contract in Mozambique
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Wood leads industry project to accelerate CCUS with guidelines for CO2 specifications
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Picarro launches handheld solution for natural gas leak investigation and closed-loop leak management
- Fincantieri LNG-powered Star Princess launched in Monfalcone
- Sonatrach, Saudi Aramco raise prices for LPG by 3%–4% in October
- Amarinth secures $1-MM order of API 610 pumps for Coral North FLNG project in Mozambique
