Europe
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.
Technip Energies and GE Vernova drive UK's net-zero with gas power and carbon capture project
Technip Energies, leader of a consortium with GE Vernova, and construction partner, Balfour Beatty, received a Letter of Intent from bp, on behalf of NZT Power Limited for the execution phase of the Net Zero Teesside Power in the UK.
Europe gas prices set to fall amid high storage levels throughout 2024
Gas prices in Europe could fall as low as US$6.70 per MMbtu in the summer as the mild winter will see storage levels remain above 55% according to a new report by Wood Mackenzie.
Europe's record gas stocks amid mild winter raise energy security, policy questions
Europe is expected to end the winter with a record amount of gas in storage due to mild weather and increased wind generation, impacting energy prices and highlighting the importance of policy measures for future supply security.
Shell publishes Energy Transition Strategy 2024
Shell has published its first energy transition update since the launch of its Powering Progress strategy in 2021 and with this energy transition update, Shell is focusing on how the same strategy delivers “less emissions”.
Technip Energies, JGC, and NPCC got limited approval for ADNOC’s Ruwais LNG Project in the UAE
Technip Energies, leader of a joint venture with JGC and NPCC, have received a Limited Notice To Proceed from ADNOC to commence early engineering, procurement and construction activities at the Ruwais low-carbon LNG project, located in Al Ruwais Industrial City, Abu Dhabi.
Ukraine starts checking LPG from EU, fearing Russian supply
Ukrainian energy customs have started inspections of imported LPG produced in the EU by blending components, fearing that some of them may have come from Russia.
Major European energy companies ask U.S. regulators to deny Venture Global LNG's permit extension
Top European energy companies asked U.S. regulators to reject Venture Global LNG's request for a one-year construction permit extension to its Louisiana (U.S.) export plant.
Shell's LNG, gas and power trading boss Hill to move on
Shell's head of LNG, natural gas and power trading Steve Hill is leaving the company.
EU energy regulator adds to pressure on Germany over gas tariff
European Union energy regulators added to growing pressure on Germany over Berlin's levy on cross-border gas trading, which some countries say puts the EU's energy solidarity at risk and hurts efforts to cut reliance on Russia.
Global Project Data
A snapshot of the global gas processing and LNG project landscape.
Europe's mild winter leaves gas stocks at record high
Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures prices back to pre-crisis levels once inflation is taken into account.
Germany could start refilling gas storage caverns from mid-March
Germany may be able to start filling gas storage facilities ahead of the 2024-25 winter as early as next week, operators group INES said, a task made easier as high levels of gas remain from the heating season that ends this month.
Netherlands won't permit gas drilling in sensitive Wadden Sea, government says
The Netherlands will not permit companies to drill for gas in the Dutch part of the protected Wadden Sea, the Dutch government said, in a move that will block planned exploration by Shell and ExxonMobil joint venture NAM.
Vitol close to buying Exxon, QatarEnergy stakes in Italy LNG terminal
Vitol-backed energy storage company VTTI is close to acquiring a majority stake in Italy's biggest LNG import terminal from Exxon Mobil, opens new tab and QatarEnergy.
Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation
The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.
NextChem expands its low carbon portfolio with the acquisition of Gascontec, gaining innovative patents in hydrogen, ammonia, and methanol
MAIRE announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh, an innovative company specialized in technology development and process engineering founded in 2017 and based in Bad Homburg, Germany.
bp awards Kent a five-year global commissioning framework agreement
Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.
CycleØ acquires Biogasclean to increase fully circular green gas production
CycleØ Group Limited announced its acquisition of Biogasclean, a Danish supplier of biological methanation and desulphurization systems.
EU's Russian gas exit should be written into law, says Lithuania
Lithuania is calling for the European Union to legislate its commitment to cease dependence on Russian gas by 2027, with the proposal set for discussion among EU energy ministers next week.
Sugar maker Cristal Union takes stake in TotalEnergies biogas unit
French sugar maker Cristal Union will take a 10% stake in TotalEnergies's biogas unit BioNorrois due to be launched later this year, which will use sugar beet residue from one of Cristal Union's factories, the companies said.
The U.S. remained the largest liquefied natural gas supplier to Europe in 2023
The U.S. was again the largest supplier of LNG to Europe in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ.
OQEMA and BASF collaborate on amines in the UK and Ireland
BASF has strengthened its partnership with OQEMA, one of Europe’s leading chemical distributors, with regard to BASF’s standard amines portfolio excluding ethanolamines in the UK and Ireland, effective January 1, 2024.
Global LNG demand seen rising in 2024 from China, Europe
Global LNG demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising.
Weak gas prices primed to trigger coal-to-gas switch in Germany
A more than 25% slump this year in northwest Europe's benchmark natural gas price has helped push the price of gas-fired power generation below the cost of coal-fired generation and sets the stage for fuel switching by key regional power producers.
MAMII expands membership with Chevron, Seapeak, and TotalEnergies joining the initiative
Leading energy companies TotalEnergies and Chevron, and major gas carrier Seapeak, have joined the Methane Abatement in Maritime Innovation Initiative, led by SafetyTech Accelerator.
U.S. takes lead as top supplier to Europe for crude, diesel and LNG
The United States has taken the top spot as Europe's supplier of crude oil, diesel, and LNG in recent months, capitalizing on reduced imports from east of Suez caused by shipping disruptions in the Red Sea.
Japan’s bloated gas stocks add to worldwide surplus
Japan’s gas inventories are well above normal for the time of year, part of a worldwide surplus in response to the period of exceptionally high prices stemming from Russia’s invasion of Ukraine in 2022.
Qatar plans new gas output boost amid global price collapse
Qatar will raise natural gas production despite a recent steep drop in global prices, in a long-term bet on rising demand for the less polluting fuel in Europe and Asia.
- Credit Agricole says it will not fund two major LNG projects
- 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
- Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects
- 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
