Pipe-laying vessel working on the Turkish Stream pipeline. Pipelines, Storage & Power

IGI Poseidon enters crucial phase

The company behind IGI-Poseidon says Gazprom can use both its pipeline and TAP to send Turkish Stream gas to Europe, but the project must make progress soon.

By Silvia Favasuli 21 November 2017
EU Energy Policy

EU states fail to implement Third Package into national law

Eighteen EU member states – including the UK, the Netherlands and Spain – have so far failed to notify the European Commission that they have fully transposed the directives in the legally binding Third Energy Package into national law, the EC press office confirmed to Interfax on Thursday.

10 November 2011
EU Energy Policy

EC backs down on tightening ETS cap

European Union Commissioner for Climate Issues Connie Hedegaard has downplayed the likelihood of tightening the cap on the bloc’s Emissions Trading System (ETS) or increasing the EU’s emissions reduction targets in the foreseeable future.

10 November 2011
EU Energy Policy

TSOs team up with NGOs for public acceptance

Some of Europe’s biggest electricity grid operators (TSOs) and leading environmental organisations are calling for new EU-wide renewable energy targets for 2030 and 2050.

10 November 2011
Policy & Regulation

The story behind ‘fracking’ earthquakes

Alice Walker, principal seismologist at the British Geological Survey, explains why hydraulic fracturing at Cuadrilla Resources’ Preese-Hall-1 well in Lancashire caused tremors felt by local residents.

9 November 2011
Companies & Finance

E.On returns to profit aided by upstream gas revenue

Dusseldorf-based E.On announced its financial results for the first nine months of the year on Wednesday, revealing a return to profit helped by an increase in revenue from the company’s upstream programme.

9 November 2011
LNG

Belgium’s nuclear exit prompts debate over role of gas

Gas is likely to play an increasingly important role in the Belgian energy mix following a decision in October made by politicians negotiating the country’s next coalition government to phase out nuclear power in line with a 2003 law.

9 November 2011
Supply & Demand

China’s looming energy demand to shake up world markets, says IEA

Although Russia will remain important to the world energy economy in terms of gas, China is emerging as a major importer in the world’s energy market.

9 November 2011
Exploration & Production

Cairn Energy hopes for Greenland finds by December

UK oil and gas explorer Cairn Energy is to continue drilling its last two wells in Greenland’s Atammik block, which may or may not result in a commercial discovery, until the end of November.

8 November 2011
Pipelines, Storage & Power

Nord Stream to initially supply EU with 1 MMcm of gas per hour

Russia's Gazprom will start supplying Europe with gas through the Nord Stream offshore pipeline at midday on Tuesday by delivering 1 million cubic metres (MMcm) per hour, said a director at the Swiss-domiciled Nord Stream AG company.

8 November 2011
Companies & Finance

Endesa reports nine-month losses of 27%

Spanish utility Endesa reported a net income of €2 billion ($2.8 billion) in the first nine months of 2011, down 27% on the same period the previous year, the company said on Monday.

8 November 2011
Exploration & Production

Saras eyes first gas field in Sardinia

Italian oil refining company Saras has identified potential for a significant gas discovery on the island of Sardinia, and plans to start drilling the area in the next few months.

8 November 2011
LNG

Stable long-term outlook for Europe’s gas demand - report

Gas consumption in Europe is expected to remain stable in the next decades as an increase in gas demand for power generation will likely be offset by electrification of the domestic heating sector, according to a report published by the European Climate Foundation (ECF) on Monday.

8 November 2011
LNG

Power firms face carbon capture setbacks

Carbon capture and storage is essential for reducing emissions from gas- and coal-fired power plants, but government cutbacks are reducing funding for this new technology.

7 November 2011
Companies & Finance

German utilities to see Q3 losses

German utilities are expected to report substantial third quarter losses this week partly due to poor margins in the midstream gas business.

7 November 2011
Supply & Demand

Nord Stream gas pipeline to be launched on 8 November

The Nord Stream offshore pipeline, which will deliver Russian gas to the European Union, is due to be officially opened on Tuesday.

7 November 2011
EU Energy Policy

European Parliament earmarks money for shale gas, wind and solar

The European Parliament voted last week to allocate €200,000 ($274,180) to fund shale gas pilot projects. The extra money was part of a series of amendments to the European Council’s draft 2012 budget.

7 November 2011
Exploration & Production

Norway invites companies to nominate blocks in Barents Sea

The Norwegian energy ministry this week invited oil and gas companies to nominate blocks that they want considered for the 22nd licensing round on the Norwegian continental shelf.

4 November 2011
Policy & Regulation

Lithuania to complete gas market unbundling by 2015

Lithuania hopes to complete the unbundling of its gas sector in late 2014 with Germany's E.On Ruhrgas continuing talks on the restructure of national gas utility Lietuvos Dujos.

4 November 2011
Supply & Demand

Italy’s precarious position

The GreenStream pipeline’s full return on Thursday actually had little effect on the already oversupplied Italian gas market. Still, the link’s prolonged closure highlighted the risk Italy runs ev

4 November 2011
EU Energy Policy

ENTSOG to begin work on network codes

The European Network of Transmission System Operators for Gas (ENTSOG) expects to receive the green light from the European Commission this week to start working out EU-wide network codes for gas balancing, the organisation told a workshop in Brussels last week.

3 November 2011

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