Europe

Ørsted Plans Large-Scale Green Hydrogen Project in Denmark

Renewable energy firm Orsted on Tuesday said it intends to invest in a large-scale facility in Denmark to produce green hydrogen, considered a cornerstone of the shift to cleaner energy. The first stage of the investment in the so-called Power-to-X facility is estimated at somewhere between $141-$705 million.

Sempra Energy Strikes 15-Year LNG Supply Deal with France's ENGIE

Sempra Energy said on Tuesday it would supply about 0.875 MTPA of LNG to French power company ENGIE for 15 years from its proposed Port Arthur LNG project in Texas.

Trafigura Enters $3 Billion Loan to Supply Germany's Sefe with Gas

Commodities trading firm Trafigura on Monday said it has entered into a $3 billion four-year loan to supply gas to German gas trader Sefe, formerly known as Gazprom Germania, and help Europe's largest economy secure volumes long-term.

Moldovagaz to Buy Gas from Energocom, Russia’s Gazprom

Moldova's natural gas company Moldovagaz will start buying gas from domestic supplier Energocom while continuing to buy it from Russia's Gazprom, the head of Moldovagaz said late on Saturday.

Greece, Bulgaria, Romania, Hungary Agree to Boost Gas Grid Interconnections

Greece, Bulgaria, Romania and Hungary agreed on Thursday to upgrade the interconnection and transport capacity of their gas grids, part of their long-standing efforts to diversify gas sources and boost their role in Europe's energy supply chain.

Germany Plans 1,118-Mile Hydrogen Pipeline Network by 2027

Germany plans to develop a 1,800-km (1,118-mile) hydrogen energy pipeline network by 2027 with state participation, according to an economy ministry draft strategy paper seen by Reuters on Friday.

TAL Approves Pipeline Upgrade to Help Czechs Ditch Russian Crude

Owners of the Transalpine Pipeline (TAL) shipping crude from the Mediterranean to central Europe approved a plan on Wednesday to upgrade the link, which is key for the Czech Republic to wean itself off Russian oil, the Czech Finance Ministry said.

Gazprom Rejects Uniper's Claims for Billions in Compensation Over Undelivered Gas

The export arm of Russia's Gazprom on Wednesday denied it was in breach of contract regarding gas supplies to Germany's Uniper, after Uniper launched arbitration proceedings in a bid to claim back billions of extra costs over undelivered gas supplies.

Spain's Cepsa to Invest $3.1 Billion in Green Hydrogen Project

Spanish oil company Cepsa plans to invest $3.1 billion in a green hydrogen project in Andalusia, southern Spain, CEO Maarten Wetselaar said on Thursday. The project will consist of two electrolyzers of 1 gigawatt each in the port cities of Algeciras and Huelva.

Greece Expected to Nearly Quadruple Gas Export Capacity by 2025

Greece is becoming a European gas corridor and can nearly quadruple its gas export capacity to neighboring countries in the coming years thanks to new infrastructure under development, Maria Rita Galli, the CEO of the country's gas grid operator DESFA said on Wednesday.

ConocoPhillips, QatarEnergy to Supply Germany with LNG Starting in 2026

Germany is set to receive new flows of Qatari LNG from 2026 after QatarEnergy and ConocoPhillips on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period.

Russia Says It Foiled Sabotage at 'South Stream' Gas Pipeline

Russia's Federal Security Service said on Thursday that it had prevented Ukrainian special services from carrying out what it said was sabotage on the "South Stream" gas pipeline.

Israel's NewMed Energy Leaning Towards Floating LNG Expansion

Israel's NewMed Energy said on Thursday it was leaning towards building a floating liquefied national gas terminal to further develop its Leviathan gas field off Israel's Mediterranean coast.

Italian City of Piombino Challenges LNG Terminal Project

The Italian city of Piombino has launched a legal challenge against a government-backed project for a new LNG terminal in the Tuscan port that is seen as key to helping wean Italy off Russian gas.

Poland Seeking German Support to Sanction Russian Druzhba Oil Pipeline

Poland is seeking German support to slap EU sanctions on the Polish-German section of the Druzhba crude pipeline so Warsaw can abandon a deal to buy Russian oil next year without paying penalties, two sources familiar with the talks said.

Linde Starts Green Hydrogen Production in Greece

Linde, the world's largest industrial gases company, said on Tuesday it has started producing green hydrogen at its facilities in Greece. The U.S.-German company, which supplies gases such as oxygen, nitrogen and hydrogen to factories and hospitals, said it was the first green hydrogen production in Greece.

Germany's LNG Terminals to Cost More Than Double Earlier Estimate

The purchase and maintenance of floating LNG terminals to help Germany secure energy supplies and diversify away from Russian gas, will cost more than 3 billion euros ($3.10 billion) more than planned, the economy ministry said on Sunday.

Nord Stream Leaks Confirmed as Sabotage, Sweden Says

Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken place, a Swedish prosecutor said on Friday.

Putin Discussed Idea of Turkish 'Gas Hub' with Erdogan, Kremlin Says

Russian President Vladimir Putin discussed the idea of creating a Turkish "gas hub" with Turkish President Tayyip Erdogan during a phone call, the Kremlin said on Friday.

Germany Completes Construction of Wilhelmshaven Floating LNG Terminal

Germany on Tuesday completed construction of its first floating terminal for LNG at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas.

Oil Prices Settle Higher on Druzhba Oil Pipeline Disruption

Oil prices rose on Tuesday and settled higher after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a fall in pressure. Russia's state-owned pipeline monopoly Transneft has been notified by Ukraine of the pipeline disruption, the RIA news agency quoted Transneft as saying on Tuesday.

Poland Gains Control of Gazprom’s Local Gas Pipeline Assets

Poland will take over Gazprom's Polish assets, a minister said on Monday, adding the move concerned the Russian company's 48% stake in Europolgaz, which owns the Polish section of the Yamal gas pipeline.

Norway's Aker BP Wants "Price Floor" in European Gas Supply Deals

European buyers of Norwegian natural gas should commit to paying a minimum price if they want to obtain long-term supply deals that prevent price spikes like those seen this year, the chair of Norwegian producer Aker BP told Reuters.

Portugal Seeks to Become Major Exporter of Green Hydrogen

Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10 billion euros ($10.2 billion), the environment minister said on Thursday.

Snam to Invest $3.8 Billion in Italy's Gas Network, Including Proposed Adriatic Pipeline

Snam will invest $3.76 billion in Italy's gas network - including the proposed Adriatic pipeline project - to improve transport facilities from the south to the north of the country and boost supply from Africa, it said on Thursday.

UK to Announce US Gas Deal After Climate Change Summit

Britain hopes the United States will promise about 10 billion cubic meters of LNG over the coming year, the Telegraph newspaper reported, adding that discussions about the deal are in their final stages and an announcement could come in a week or two.

Italy's Emilia Romagna Region Backs $1 Billion Floating LNG Project in Adriatic Sea

Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic Sea, it said on Monday, part of the country's broader efforts to replace dwindling Russian gas supplies.

Forty Countries Expected to Unveil Methane Plans at UN Climate Summit

Some forty of the 119 countries that pledged last year to slash emissions of the powerful greenhouse gas methane will unveil their plans to do so at the UN climate summit next week, according to a senior U.S. official.

IEA: Europe Must Act Now to Avoid Winter 2023 Gas Shortages

Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International Energy Agency said on Thursday.

German Navy Helping Norway Protect Oil Rigs, Pipelines

The German navy is helping Norway to protect critical maritime infrastructure such as oil rigs, undersea cables and pipelines, is ready to do the same off the Danish and Swedish coasts, its head said on Thursday.