Nord Stream 2 pipe segments in Finland. Policy & Regulation

MEPs challenge extension of EU gas laws

MEPs have voiced their disquiet over the proposed extension of the EU Gas Directive to pipelines from third countries.

By Andreas Walstad 19 January 2018
Companies & Finance

Nordic Investment Bank to fund Finnish power plan

The Nordic Investment Bank (NIB) has agreed an €18 million ($23.7 million) loan with bioenergy company Vaskiluodon Voima Oy to build a gasification plant in Vaasa, Finland a statement released this

3 February 2012
LNG

LNG vessel firm issues private shares

Norwegian shipping company Hoegh LNG has raised NOK1.2 billion ($206 million) through a private placement share issue to help fund a new floating, storage and regasification vessel (FSRU) being constr

3 February 2012
Exploration & Production

NIS, RAG drill first exploration well in Hungary

Petroleum Industry of Serbia (Naftna Industrija Srbije: NIS), which is controlled by Gazprom Neft, and Hungary’s RAG, a subsidiary of Austria’s Rohol-Aufsuchungs Aktiengesellschaft, have begun dri

3 February 2012
LNG

Höegh building FSRU in Korea

Norway’s Höegh LNG has exercised its option to have a new floating, storage and regasification unit (FSRU) built at Hyunday Heavy Industries in Korea and completed in the second quarter of 2014, Höegh announced on Friday.

3 February 2012
EU Energy Policy

Price spike tests EU market liberalisation

The recent surge in European gas prices is a sharp reminder of why the EU is concerned about over-dependency on Russian gas and why it battles with Gazprom over market liberalisation.

3 February 2012
Exploration & Production

Shell pledges long-term focus on gas production

Royal Dutch Shell Chief Executive Peter Voser has said that the likelihood of the company’s gas production overtaking that of liquids output by 2013 was dependent on investment levels, but reaffirme

2 February 2012
Exploration & Production

Eastern Europe’s shale gas future takes a knock

Eastern Europe's great hopes for shale gas exploration have faced a series of negative headlines over recent weeks, indicating that the future may not be as bright as first thought.

2 February 2012
Exploration & Production

Mediterranean Oil & Gas raises estimates for Guendalina

Mediterranean Oil & Gas has raised its estimates for proven and probable gas reserves in the Guendalina field by 42%, to 883.6 MMcm, according to a statement released on Monday.

2 February 2012
Supply & Demand

EU complains of Russian supply shortfall

Four EU member states have confirmed a fall in Russian gas supplies as the cold weather across Europe increases demand

2 February 2012
EU Energy Policy

Market coupling is not silver bullet for making power markets function

National energy regulators in Central and Eastern Europe are struggling to reach a much-delayed compromise on how to integrate national power markets in line with EU laws.

2 February 2012
EU Energy Policy

EC tables cost calculations for 30% GHG emissions reduction

The European Commission said a 20% reduction in greenhouse gas (GHG) emissions by 2020 will be less costly in monetary terms for member states than was estimated at the time of adoption of the energy

2 February 2012
Pipelines, Storage & Power

The need for a common EU nuclear policy

Frank Umbach, of the European Centre for Energy and Resource Security, spoke to Interfax about the EU’s sanctions on Iran, relations with Russia and the lack of an EU-wide nuclear policy.

1 February 2012
Exploration & Production

Eni and Mediterranean Oil & Gas raise recoverable reserves

Eni and Mediterranean Oil & Gas (MOG) have raised the proven and probable recoverable reserves in their Italian offshore Guendalina gas field by 42% to 31.2 bcf (883.6 MMcm), MOG announced in a London Stock Exchange filing on Wednesday.

1 February 2012
Exploration & Production

UK launches 27th oil and gas licensing round

UK Minister of State for Energy and Climate Change Charles Hendry launched the 27th offshore oil and gas licensing round on Wednesday and said that an increase in field approvals is expected this year

1 February 2012
Exploration & Production

Northern Ireland gas found

There could be enough gas trapped within shale rock in County Fermanagh to supply all of Northern Ireland’s gas needs for decades to come, according to a BBC report on Wednesday.

1 February 2012
Supply & Demand

UK gas demand expected to increase

UK gas demand was expected to increase to 359.6 million cubic metres (Mcm) on Tuesday, 8% (or 26.7 Mcm) above the seasonal norm, according to a Reuters.

31 January 2012
Companies & Finance

Gas Natural subsidary prices bond

A subsidiary of Spanish gas company Gas Natural on Monday priced a €750 million ($980 million), six-year bond, according to a Dow Jones report.

31 January 2012
Pipelines, Storage & Power

Scottish and Southern Energy to take two stations out of service

UK utility Scottish and Southern Energy is to take two gas-fired power stations out of service in late March 2012 for a period of extended maintenance to prepare the plants for “more flexible operations”.

31 January 2012
Policy & Regulation

Hungarian prosecutors drop MOL bribery case

Hungary’s Chief Prosecutor’s Office has closed the investigation into alleged bribery at Hungarian oil and gas company MOL due to a lack of evidence, although the Croatian side of the inquiry will

31 January 2012
Supply & Demand

PGNiG to increase gas production buoyed by Norwegian growth

Polish state-owned gas monopoly PGNiG has revealed that it expects gas production to rise to up to 4.7 billion cubic metres during 2012, with a further increase in 2013 buoyed by a doubling in production at its Norwegian reserves.

31 January 2012

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