Europe
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.
Factbox: Germany's LNG Import Project Plans
Germany is acquiring LNG terminals as part of its efforts to diversify away from Russian gas. Here is a snapshot of known LNG project activity in Germany.
Israel, Lebanon Set Maritime Boundaries on Path to Offshore Production
Lebanon and Israel have finalized a U.S.-brokered deal that sets maritime boundaries for the first time, clearing a path for more offshore gas production and infrastructure development in the Eastern Mediterranean.
Nord Stream Operator Surveys Pipeline Blast Site
Nord Stream AG, the operator of the leaking Nord Stream 1 gas pipeline, has sent a chartered ship to waters off the coast of Sweden to survey the damage for the first time, the company said on Thursday.
Denmark's Orsted Signs Deal for Norwegian Gas via Baltic Pipe
Orsted AS has signed a supply deal for Norwegian gas from Equinor to be delivered via the newly constructed Baltic Pipe, cushioning the impact of Russian gas cuts on Danish energy markets.
Europe's Natural Gas Demand Falls on Industrial Cutbacks
Europe slashed its natural gas use in August and September as industries cut production in response to soaring prices and scarce Russian supply, although the cuts were unevenly spread between countries.
Serbia's New Government Makes Energy Infrastructure Top Priority
The Serbian parliament appointed a new government on Wednesday whose main priorities are EU membership and investment in oil and gas pipelines and other energy infrastructure.
Factbox: Why European Gas Prices Have Been Falling
Despite dwindling Russian gas pipeline supplies, Dutch front-month gas, the European benchmark, has fallen 67% since hitting an all-time high in August to around 100 euros per megawatt hour and is at the lowest level since mid-June.
LNG Ships Wait off Spain's Coast as Higher Prices Eyed
Several ships carrying LNG anchored off Spain's Bay of Cadiz are likely to stay there until late November in anticipation of a rise in European gas prices, industry sources said.
EU Energy Chief Says Gas Price Cap Possible This Winter
The European Union could introduce a gas price cap this winter to limit excessive price spikes, but only if countries give Brussels a mandate to propose the measure, the bloc's energy chief said on Wednesday.
Serbia Plans Nearly $12 Billion in Pipeline, Energy Projects
Serbia's new government plans to invest 12 billion euros ($11.83 billion) in energy projects, including oil and gas pipelines and increased power production capacity, prime minister designate Ana Brnabic told parliament on Tuesday.
How Germany is Replacing Russian Gas
Germany, Europe's biggest economy and historically a major importer of Russian gas, is scrambling to secure alternative supplies following a plunge in flows from Russia since its invasion of Ukraine.
Analysis-Pipeline Blasts Leave Nord Stream in Insurance Limbo
With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1's insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars in potential claims.
Mozambique to Ship First Batch of LNG Exports to Europe by Early November
Mozambique expects to ship its first LNG exports to Europe from the Eni-operated Coral Sul floating plant later this month or early November, petroleum regulator INP said on Friday in a supply boost for the energy-starved region.
Spain: Barcelona-Marseille Pipeline Could Take 4-5 Years to Build
The planned underwater pipeline connecting the ports of Barcelona and Marseille is unlikely to help ease Europe's energy crisis in the short term, with Spain saying on Friday it could take at least four to five years to become fully operational.
Italy Aims for 'Miracle' with LNG Project in Energy Crunch
Italy is invoking the need for energy security in the face of Russian supply cuts to rush through in a matter of months a new LNG terminal – a process that would normally take years due to local objections and permitting.
France, Spain and Portugal Agree to Build Barcelona-Marseille Gas Pipeline
Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline across the Pyrenees that France opposed.
Dozens of LNG-Laden Ships Queue Off Europe's Coasts Unable to Unload
Dozens of ships carrying LNG circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation".
QatarEnergy Expanding in LNG, Won't Divert Supplies to Europe
QatarEnergy is working to expand its gas production and trading operations as global demand surges and will not divert LNG contracted with Asian buyers to Europe this winter, CEO Saad al-Kaabi said on Tuesday.
Gazprom CEO: Big Part of Nord Stream May Need to Be Replaced
Gazprom CEO Alexei Miller told Russia's State TV Channel One late on Thursday that a big section of the damaged Nord Stream pipelines might need to be replaced, while Russia plans boosting gas exports via the Black Sea and Turkey.
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
