MEP Krišjanis Karinš is steering new legislation related to power reform through the European Parliament. (EP) EU Energy Policy

Gas companies lobby for capacity market reform

A number of gas companies have thrown their weight behind a proposal by the European Commission to exclude coal-fired power plants from capacity payments.

By Andreas Walstad 27 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
Companies & Finance

Brussels clears acquisition of Energhe unit by Duferco

The European Commission has approved Duferco’s proposed acquisition of sole control over a business unit of Energhe.

20 April 2017
Global Markets

Latvian and Lithuanian ministers to discuss energy projects

Latvian Economics Minister Arvils Aseradens will meet Lithuania’s energy and economy ministers on Friday to discuss energy projects.

20 April 2017
Exploration & Production

Dutch government to cut Groningen gas production by 10%

Dutch Minister of Economic Development Henk Kamp is planning to reduce gas production at the Groningen gas field by 10% starting from October 2017.

20 April 2017
A German gas compressor station. TSOs have said transmission tariffs are a problem for trade. (Wintershall) EU Energy Policy

Transmission tariffs remain obstacle to gas trade

A survey has found barriers to trade persist across European gas hubs, with expensive transmission tariffs being the most common obstacle.

20 April 2017
LNG

Lithuanian parliament to discuss reduced port charges for LNG

Lithuania’s parliament will discuss a proposal from the country’s transport minister to calculate port charges for small LNG carriers based on the volume of LNG loaded.

19 April 2017
LNG

Edison to sell 7.4% stake in Rovigo LNG terminal and pipeline

Edison is selling its 7.3% stake in Italy’s Rovigo LNG terminal and the 70 km pipeline that connects it to the national grid

19 April 2017
The Trans Adriatic Pipeline is one of a number of projects that will boost Italy’s transit role. (TAP) Pipelines, Storage & Power

Italy may rival Germany in Central and Eastern Europe

If Italy succeeds in its plan to become a gas transit hub it could compete with Germany to supply Central and Eastern Europe

19 April 2017
Global Markets

EU countries see rise in gas demand

Gas consumption increased in 23 EU countries and Switzerland in 2016 compared with 2015 levels.

19 April 2017
UN soldiers in Nicosia viewed through the barbed wire separating northern and southern Cyprus. (PA) Exploration & Production

Cyprus to continue exploration despite ire of Ankara

Turkish threats will not deter the government of Cyprus from exploring the island’s EEZ. Nicosia wants IOC involvement to bolster its position.

18 April 2017
BP operations in the North Sea. The company has a 50% stake in the Rhum field. (BP) Policy & Regulation

UK puts an end to Rhum gas field saga – BEIS

Iranian Oil Company has received funds related to its share of the output from the Rhum gas field in the North Sea earned while Iran was under international sanctions.

18 April 2017
EU Energy Policy

Brussels signs nuclear safety project with Iran

The European Commission has signed an agreement on the first project for nuclear safety co-operation with Iran.

18 April 2017
Pipelines, Storage & Power

Rough shut for injections until April 2018 – Centrica

Rough, the UK’s largest gas storage facility, will not be available for gas injections until the end of April 2018, operator Centrica Storage has said.

13 April 2017
LNG

Naples interested in building LNG bunkering facility

The port authority of Naples will issue a request for expressions of interest in building a storage site with LNG bunkering facilities on Italy’s Mediterranean coast by 2017.

13 April 2017
Pipelines, Storage & Power

IOG to buy Thames Gas Pipeline in Southern North Sea

Independent Oil and Gas has signed a sales-and-purchase agreement to acquire the Thames Gas Pipeline in the Southern North Sea.

12 April 2017
Pipelines, Storage & Power

Gazprom makes deal with Czech and Slovak TSOs

Gazprom Export has concluded “framework agreements for access” to pipeline systems with Slovakian TSO Eustream and Czech TSO Net4Gas.

12 April 2017
Exploration & Production

Shell to use $2.4 bln vessel to dismantle North Sea rigs

Shell has commissioned the $2.4 billion Pioneering Spirit to dismantle its decommissioned North Sea oil rigs.

12 April 2017

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