The Dunkirk LNG terminal, France. Regasification facilities in Europe are suffering from low utilisation rates. (EDF) LNG

Fresh thinking needed for short-term LNG buyers

The next wave of LNG buyers want short-term contracts with plenty of flexibility. Does the industry have the financial tools to deal with them?

By Chris Noon 25 April 2017
Policy & Regulation

IETA urges UK to stay in the ETS

The International Emissions Trading Association has sent a letter to UK authorities calling for the UK to continue its participation in the EU’s Emissions Trading System after Brexit.

26 April 2017
Exploration & Production

Norway doubles resource estimate for Barents Sea

Undiscovered oil and gas resources in the Barents Sea are twice as large as previously estimated.

26 April 2017
Global Markets

Spanish gas demand grows by 8.4% in Q1

Gas consumption by homes, businesses and SMEs rose by 600 GWh, mainly because of colder weather.

26 April 2017
Policy & Regulation

EC clears Latvian support for renewables and cogeneration

The European Commission has found that support granted to renewable energy and cogeneration power plants built in Latvia between 2007 and 2012 are in line with EU state aid rules.

25 April 2017
Companies & Finance

Spanish gas demand up in Q1

Spanish gas demand increased by 8.4% in Q1 2017 compared with the same period in 2016.

25 April 2017
Gas for Transport

EU earmarks €22.1 mln for energy and transport projects

EU member states have approved a European Commission proposal to invest €22.1 million to help develop transport and energy infrastructure.

25 April 2017
Italian pipeline infrastructure. The country is increasing its international interconnections. (Eni) Pipelines, Storage & Power

Snam eyes reverse-flow transit to Ukraine

The Italian TSO’s international development strategy includes creating an eastern route to ship gas to Ukraine and the Balkans.

25 April 2017
Exploration & Production

Small pools key to relaunching North Sea – Algy Cluff

The estimated 3.4 bboe in small pools in the North Sea could start a “North Sea phase two”, according to oil baron Algy Cluff.

25 April 2017
Pipelines, Storage & Power

Shell, Engie, OMV, Uniper and Wintershall to finance Nord Stream 2

Shell, Engie, OMV, Uniper and Wintershall have signed agreements to fund around half the cost of the Nord Stream 2 pipeline.

24 April 2017
Global Markets

Latvia urges cooperation between Klaipeda and Inčukalns

Lithuania’s LNG terminal at Klaipeda should cooperate with Latvia’s Inčukalns UGS to speed up the development of the Baltic gas market.

24 April 2017
Spring Farm biogas plant, UK. Germany, Italy and the UK produce more than 77% of the EU’s biogas. (Future Biogas) Policy & Regulation

Brussels hopeful on biogas despite slow progress

The EU wants biogas to contribute to energy security and climate targets in Europe, but the industry has a long way to go to unleash its full potential.

24 April 2017
Alternative Fuels

Mercedes-Benz Energy launches home battery system

Mercedes-Benz Energy has launched a domestic energy storage system.

24 April 2017
Exploration & Production

TGS to lead survey in Irish Atlantic Margin

Norwegian geoscience data company TGS will conduct a multi-client survey of a 540,000 hectare area in the Irish Atlantic Margin.

24 April 2017
Global Markets

Italy keen to boost commercial links with Azerbaijan

Italy’s Minister of the Economic Development Carlo Calenda met his Azerbaijani counterpart Elmar Mammadyarov in Rome on Thursday.

21 April 2017
Policy & Regulation

TAP construction works resume after court dismisses appeal

A regional Italian court has dismissed an appeal submitted by the region of Puglia against the country’s Ministry of the Environment regarding the the landfall site for the Trans-Adriatic pipeline.

21 April 2017
Companies & Finance

Saipem sees its future in the renewable sector

Italian oil and gas industry contractor Saipem is ready to open new lines of business beyond the oil sector, which is facing high levels of uncertainties.

21 April 2017
Exploration & Production

Statoil receives consent for Barents Sea exploration

Statoil has received permission from Norway’s Petroleum Safety Authority to drill exploration well 7219/9-2 in the Kayak prospect in the Barents Sea.

21 April 2017
The Datteln 4 coal-fired power plant in Germany. (E.On) Policy & Regulation

Picking winners and losers in EU electricity

Industry is speaking out against proposed regulations that would effectively squeeze coal out of capacity mechanisms, calling for such decisions to be left to the markets.

21 April 2017
Location of the Groningen gas field, the Netherlands. There is little silver lining for the field’s output. (Skitterphoto) Exploration & Production

Groningen, Rough problems will boost gas prices

Continued production cuts at the Groningen gas field are reducing Dutch exports to marginal levels, increasing price volatility as well as Europe’s reliance on imported LNG and Russian gas.

21 April 2017
LNG

New coastal LNG storage to be built in Porto Marghera

A JV has completed the feasibility study for the construction of a 32 Mcm coastal LNG storage site in Porto Marghera, Venice.

20 April 2017

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