MOL Group signs acquisition of Szarvas Biogas Plant

MOL Group has agreed on a deal with BayWa AG on the purchase of Szarvas Biogas Plant, a waste processing plant using organic wastes to produce electricity and heat through cogeneration with a peak electric power capacity of around 4 megawatts.

PetroChina, bp awarded 20 year access to Europe's Gate LNG terminal

PetroChina International and energy giant bp have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.

Dutch benchmark wholesale gas falls to two-year low

The Dutch wholesale natural gas price for the month ahead fell to a two-year low morning, which could offer some relief to consumers and some businesses who have been paying high energy bills over the past year.

Four bidders vie for stake in Exxon LNG terminal in Italy

Four international groups are competing to buy ExxonMobil Corp's majority stake in a liquefied natural gas terminal offshore Italy.

Finland's LNG import terminal fully booked for Q2 and Q3

Finland’s floating storage and regasification unit is fully booked for liquefied natural gas imports in the second and third quarters this year.

Finland's Gasgrid, Sweden's Nordion plan 1,000 km hydrogen network

Finland’s Gasgrid aims to establish a hydrogen pipeline network around the Bothnian Bay measuring 1,000 km by 2030.

German cabinet approves legal framework for hydrogen core network

The German cabinet on Wednesday passed a draft law to create a framework for a hydrogen core network scheduled to go into operation by 2032, as Berlin aims to move away from fossil fuels and become climate-neutral by 2045.

China's main import gas pipelines

China, the world's third-largest gas buyer, imports the fuel in gaseous form via long-distance pipelines from three sources - central Asia, predominantly Turkmenistan, as well as Russia and Myanmar.

China prioritizing Turkmenistan over Russia in next big pipeline project

China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy security needs with diplomatic priorities.

German gas group SEFE on track for 30% of LNG in 2023 supply portfolio

German gas importer and trader SEFE said liquefied natural gas was likely to make up 30% of its source of supply as the state-controlled company moves away from pipeline gas which Russia used to supply.

Ukraine has collected 9.3 bcm of gas for 2023/24 heating season so far

Ukraine is continuing to pump natural gas into underground storage facilities, collecting 9.3 billion cubic meters (bcm) for the 2023/24 heating season, Ukrainian energy ministry said.

TotalEnergies prepares for Mozambique LNG restart

French energy company TotalEnergies will relaunch its Mozambique LNG project once it has followed the recommendations of a commissioned human rights report that was published.

BASF’s gas treatment technology to be used by Linde and Heidelberg Materials’ large-scale CO2-capture plant

A CO₂ capture process will be used for the first time at a large-scale CO2-capture facility operated by Capture-to-Use – a new joint venture established by Heidelberg Materials and Linde.

Germany cannot be relaxed about Baltic LNG capacity, senior official says

Germany cannot be relaxed about the need for LNG terminals in the Baltic Sea, a high-ranking economy ministry official said, a week after plans emerged to scale down the region's Mukran project after local resistance.

Finland's Gasum terminates Gazprom pipeline gas contract

Finnish state-owned gas wholesaler Gasum said it had terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia.

Bosnian Serb leader Dodik and Putin may discuss gas prices, pipeline

Bosnian Serb leader Milorad Dodik may discuss gas prices and a new pipeline with Russian President Vladimir Putin during a visit to Moscow.

Johnson Matthey ties up with Hystar to boost green hydrogen output

Johnson Matthey said it has signed a three-year supply agreement with Norwegian firm Hystar AS to ramp up green hydrogen production as the British company shifts focus to a sector that is drawing big investments.

Asian spot LNG prices slip to 2-year low on tepid demand

Asian spot LNG prices slipped to their lowest level in two years on weak demand and high inventories, while European LNG prices also fell below the $10 mark amid healthy stock build and limited need for additional supply.

Helleniq Energy says close to final decision on green hydrogen investment

Helleniq Energy, Greece's biggest oil refiner, said it is close to a final decision on a pilot green hydrogen investment at its Elefsina refinery.

Russia's Gazprom plans record domestic winter gas storage capacity

Russian energy giant Gazprom plans to boost natural gas reserves in domestic storage to a record-high next winter as its output and exports fall.

The EU will ban Russian LNG 'sooner than later,' Spain’s energy minister says

European Union countries will agree sooner rather than later to ban import of LNG from Russia.

Germany's LNG import terminals tackle challenges

A German government-backed LNG terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering into the mainland port of Lubmin, will be downsized.

Kazakhstan, Russia map out gas pipeline to China

Kazakhstan and Russia have established the route for a future gas pipeline to support shipments between the two countries and to China, Kazakhstan's energy minister said.

Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy

Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.

German gas storage levy set at €1.45/MWh from July

A charge to help fund gas imports into Germany will more than double from July, according to Trading Hub Europe, which was tasked by Berlin with ensuring national stocks get Europe’s top economy through the winter.

Germany scales down LNG terminal plans as supply crisis eases

Germany will almost halve planned capacity for LNG terminals in the Baltic Sea as Berlin revaluates its LNG needs given local resistance and an easing of energy bottlenecks.

Ørsted awarded contract which will capture and store 430,000 tons of biogenic CO2

The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for its carbon capture and storage project ‘Ørsted Kalundborg Hub’.

EU watchdog sees concentration and liquidity risks in gas derivatives

Europe's $4.5-T natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity.

Finland's Gasum not taking LNG from Russia's Kryogaz

Finnish energy provider Gasum has not been taking cargoes of liquefied natural gas for about a month from the Russian Kryogaz-Vysotsk plant controlled by Novatek citing data from analytics group Kpler.

Europe’s gas prices slide on swollen inventories

Europe has made a relatively slow start to rebuilding gas inventories but stocks were so high at the end of last winter that storage sites are still on course to be full well before summer ends, putting downward pressure on prices.