Gas-fired power plant in Germany Alternative Fuels

German coal phase-out brings gas back into frame

Germany is sticking to its plan to end coal-fired generation in a move that bodes well for gas-fired plant operators.

By Silvia Favasuli 15 February 2018
The Brigg gas-fired power station. Policy & Regulation

Gas faces competition from low-tech energy storage

Gas will face challenges from energy storage technologies as it seeks to provide a backup for renewables over the coming years.

8 February 2018
Companies & Finance

Statoil Q4 results beats analysts consensus

Norway’s Statoil reported $4.0 billion in pre-tax adjusted earnings for Q4 2017 on Wednesday, beating the analyst consensus of $3.8 billion.

7 February 2018
Companies & Finance

Brussels OKs Edison’s acquisition of Gas Natural Vendita Italia

The European Commission has approved Edison’s acquisition of gas and power supplier Gas Natural Vendita Italia from Gas Natural Fenosa.

7 February 2018
Global Markets

Gas trade groups up pressure to phase out regulated power prices

A number of Brussels-based energy industry groups issued a joint statement warning against the negative effects of regulated retail electricity prices.

7 February 2018
EU Energy Policy

Brussels approves capacity payments in six countries

The European Commission has approved capacity remuneration mechanisms in six EU member states to ensure security of supply.

7 February 2018
EU Energy Policy

EIB lends €1.5 bln to help finance TAP

The European Investment Bank has approved €1.5 billion in financing for the Trans-Adriatic Pipeline.

7 February 2018
LNG tanker at Gate LNG terminal LNG

German LNG terminal plans draw mixed response

Companies have responded warmly to the prospect of booking capacity at Germany’s proposed LNG terminal, according to one of the project sponsors, but industry-watchers are sceptical.

7 February 2018
LNG

Total to charter LNG bunker vessel in 2020

A subsidiary of French major Total, has signed a long-term charter contract with Mitsui OSK Lines for an LNG bunker vessel.

6 February 2018
EU Energy Policy

European Parliament approves ETS reform in plenary vote

MEPs in the European Parliament voted to make key reforms to the EU Emissions Trading System post-2020 in a plenary vote in Strasbourg on Tuesday.

6 February 2018
Companies & Finance

BP beats analyst forecasts in Q4 2017 thanks to higher production

BP reported $2.1 billion of underlying replacement cost profit for Q4 2017, beating the average analyst forecast of $1.9 billion.

6 February 2018
Exploration & Production

Gas found in Cyprus's Block 6

A gas field has been located in Block 6, offshore Cyprus.

5 February 2018
Exploration & Production

NAM shuts five clusters at Groningen

NAM¸ the joint venture operating the Groningen gas field in the Netherlands, has stopped production at the five clusters of the Loppersum area.

5 February 2018
Companies & Finance

Gazprom to up stake in South Stream Serbia

The board of Russia’s Gazprom will meet next week to discuss the purchase of further interest in South Stream Serbia.

5 February 2018
An artist’s impression of the Hinkley Point C nuclear power station, UK. Policy & Regulation

Brexit transition could buy time for nuclear industry

A Brexit transition deal may give the European nuclear industry enough time to agree on the supply of uranium, materials and skilled labour to the UK.

5 February 2018
Exploration & Production

Dutch government to cap Groningen output at 12 bcm/y

The Dutch government will try to cap gas production at the Groningen field at 12 bcm/y as soon as possible, almost halving the field’s annual production.

2 February 2018
LNG

Port of Gothenburg to build small-scale LNG facility

Construction of a new small-scale LNG facility began at the Port of Gothenburg in Sweden on Thursday and will be completed this year.

2 February 2018
MEPs and environmental campaigners at the European Parliament. EU Energy Policy

Voices grow louder in disapproval of gas

The voices of campaigners against increased investment in European gas infrastructure are getting louder, but will they be heard?

2 February 2018
LNG

Croatia to pass law to speed up construction of LNG terminal

Croatia’s government intends to pass a law that will accelerate the installation of an FRSU off the coast of Krk, Croatian Prime Minister Andrej Plenkovic has said.

1 February 2018
Exploration & Production

Eni and Novatek investing €80 mln in Montenegro

Russia’s Novatek and Italy’s Eni are each investing about €40 million in an exploration project in the Adriatic Sea off the coast of Montenegro.

1 February 2018
Companies & Finance

Shell beats analyst forecasts for Q4 CCS earnings

Anglo-Dutch major Shell has narrowly beaten analysts’ predictions for its Q4 2017 earnings.

1 February 2018

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