Europe
Equinor has no spare oil and gas capacity, CEO says
The U.S.-Israeli attacks on Iran and the latter's retaliatory strikes across the Middle East have disrupted around a fifth of global oil and liquefied natural gas supply along the Strait of Hormuz, a key chokepoint for Gulf state exports.
Italy weighs options as damaged Russian LNG tanker drifts in the Mediterranean
Russia's transport ministry said the Arctic Metagaz, carrying LNG from the Arctic port of Murmansk, was attacked last week by Ukrainian naval drones launched from the Libyan coast. Kyiv has not claimed responsibility.
China receives eighth LNG cargo from Russia's sanctioned Arctic LNG 2 this year
Russia's sanctioned Arctic LNG 2 plant has delivered its eighth cargo this year to China, LSEG data showed on Friday, days after a liquefied natural gas carrier from the project caught fire and was left drifting in the Mediterranean.
Is Europe's gas demand recovery derailed or just dented by Iran crisis?
To help analysts and industries grappling with this issue, here are some key data points and trends on Europe's gas use by utilities and industry that may provide useful guideposts on the region's true demand potential.
Czechs discussing 1.5 Bm3 LNG deal with U.S.
Negotiations are underway with the three largest gas suppliers who operate terminals in the U.S.
EU to soften gas authorization rules to help secure LNG supplies
The Commission plans to issue guidance before March 18 on how to apply rules within the European Union's law to phase out Russian gas.
H2Pro and Doral Hydrogen partner on off-grid solar-to-hydrogen project for gas grid blending
H2Pro and Doral Hydrogen have announced the signing of an agreement to co-develop a solar-powered H2 production project in Extremadura, Spain. The H2 produced onsite will be injected directly into the H2Med H2 backbone.
OX2, Sodra and TES advance e-NG project into pre-FEED
OX2 and Södra, together with the e-NG project development company TES, announced that they are advancing their development plans for an e-NG (electric natural gas) facility at the Värö peninsula in Varberg, Sweden, by entering the Pre-Front-End Engineering Design (Pre-FEED) phase. The decision follo..
Russia gets export boost from Iran war as price of oil to India surges
The Iran conflict, now in its seventh day, has left the Strait of Hormuz, a critical shipping chokepoint, all but shut, cutting countries off from a fifth of global oil and liquefied natural gas (LNG) supplies.
Slovakia amends Gazprom gas contract, seeks to raise Russian imports before EU ban kicks in
EU gas prices have jumped 50% this week after Qatar halted liquefied natural gas exports following U.S. and Israeli strikes on Iran and Tehran's retaliation.
Russia's pipeline gas and LNG exports
Included are some key facts about Russian sea-borne liquefied natural gas and pipeline gas exports.
Russia blames Ukrainian drones for attack on LNG ship in Mediterranean
If confirmed, it would be the first time that Ukraine has attacked a Russian LNG carrier.
Europe's skimpy gas storage under scrutiny as Qatar halts LNG flows
A combination of new gas storage rules, high natural gas prices, above-normal winter temperatures and subdued regional economic activity prompted Europe's gas storage operators to deplete stockpiles to well below normal this winter.
Iran war could reopen EU debate over Russian gas, Norway says
European gas prices have jumped 75% this week, hitting multi-year highs as hostilities in and around Iran have impacted gas exports from the Gulf.
Austria plans to deepen cooperation with Abu Dhabi, minister says
Austria has had to radically overhaul its energy supply after depending for many years on Russian gas, and ended direct imports from Russia at the end of 2024.
Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
AST is engaged in maintenance, inspection, and field services for rotating equipment such as compressors and steam turbines that drive compressors, used in resource and energy development sites, including in the oil and gas sectors.
Russia's LNG exports up 5.8% in January-February
Russian LNG exports have been held back by U.S. sanctions over Ukraine, notably against the Arctic LNG 2 plant, whose operations have been hampered by the difficulty of finding buyers for its output.
European gas prices soar as Qatar halts LNG production
Qatar, soon to cement its role as the world’s second largest LNG exporter after the United States, plays a major role in balancing both Asian and European markets' demand of LNG.
Air Liquide and Holcim sign an agreement to decarbonize cement production with a carbon capture project in Belgium
Air Liquide and Holcim reach a new stage in their collaboration with the signing of an agreement to develop a state-of-the-art carbon capture solution for Holcim’s near-zero cement plant at Obourg in Belgium.
QazaqGaz, Qatar's UCC finish pre-FEED for second gas processing plant at Kashagan
QazaqGaz and Qatar's UCC Holding have completed the pre-FEED (front-end engineering design) stage of a project to build a second gas processing plant (GPP) at the Kashagan field with annual capacity of 2.5 billion cubic meters. "QazaqGaz is working with Qatari company UCC Holding on the constructio..
Eni can now receive oil from Venezuela as payment for gas, CEO says
Chief Executive Claudio Descalzi, who confirmed that Venezuela owes the Italian group around $3 B, was referring to natural gas from the Perla offshore field, the only active offshore gas project in Venezuela, which is operated by Eni and Spain's Repsol.
Naturgy warns $13 B in Russian LNG purchase commitments may be hit by EU ban
This amount represents less than a quarter of its total commitments for energy purchases, which it estimates at roughly €45.13 B.
Ukraine's Naftogaz to deliver U.S. LNG via Klaipeda terminal
Russia has sharply increased the number and intensity of strikes on Ukraine's energy sector, targeting both power plants and gas production facilities, and a partial loss of gas production capacity has forced Kyiv to increase imports.
Greece's Metlen signs LNG supply and trading cooperation deal with Shell
Greek energy companies have been seeking deals to supply central and southern Europe with U.S.-produced LNG as the U.S. works to replace Russian gas in Europe.
U.S. LNG export surge and soft China demand meet record European imports
The absence of China in spot LNG markets has allowed Europe to increase imports to meet winter demand, with Kpler forecasting record arrivals of 14.20 MMt in February.
Ukraine's Naftogaz secures LNG deliveries via Germany and Greece
Ukraine's Naftogaz has secured the supply of U.S. liquefied natural gas (LNG) via a terminal in Germany, the state-run oil and gas company said. The LNG will be sourced from the U.S. and supplied in Germany by TotalEnergies, Naftogaz said. After it is regasified by Deutsche ReGas, it will then be ..
U.S. demands on Europe in the field of energy
This week U.S. Energy Secretary Chris Wright gave the Paris-based International Energy Agency a one-year deadline to abandon its support of goals to reduce planet-warming gas emissions to "net zero" by 2050 or risk losing the United States as a member.
Opinion: China isn’t importing any U.S. LNG, but it's still in the game
Since 2018, Chinese energy companies including PetroChina, CNOOC and Unipec have signed nearly 20 LNG supply contracts with U.S. producers such as Cheniere Energy, Venture Global and NextDecade, totaling around 25 metric MMtpy of supply.
Spain's Naturgy eyes potential ‘force majeure’ with Yamal on impact of EU's Russian gas ban
The Spanish power utility entered into a long-term contract with Yamal in 2013 to import around 3 Bm3y of Russian LNG.
Austria eyes renewables, African gas to cut U.S. LNG dependence
European countries are wrestling with how to keep electricity prices affordable as the European Union phases out Russian gas by 2027 in response to Moscow's 2022 invasion of Ukraine.
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- CB&I awarded EPC contract for two LPG storage spheres in Canada
