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
Exploration & Production

Greek drilling unit for African project

Greek rig owner Ocean Rig has tied up one of its drilling units with London-listed junior Ophir Energy for a three-well programme off West Africa, Upstream Online said in a report on Monday The three wells are off Equatorial Guinea, with the first well near the Fortuna gas discovery, the report added.

23 January 2012
LNG

Hoegh chosen for LNG imports

Lithuanian state-owned oil terminal operator Klaipedos Nafta has chosen Norway's Hoegh LNG to provide an offshore platform for LNG imports, according to a Reuters report on Monday. Operations are expected to start at the end of 2014.

23 January 2012
Companies & Finance

Gaupe production prediction

Swedish oil and gas company Lundin Petroleum predicts it will have a production rate of between 32,000 and 38,000 boe/d in 2012 as production starts at the Gaupe field, according to a report in Upstream Online on Monday.

23 January 2012
Pipelines, Storage & Power

EU sees electric demand growth

Electricity demand in Europe has already reached pre-financial crisis levels and will continue to increase because of shifting demand patterns, the head of trade association Eurelectric’s Energy Pol

23 January 2012
Companies & Finance

Eni stake sale to boost new investments

Italian oil major Eni has indicated that it is interested in making new investments after it sells its €5.9 billion ($7.6 billion) stake in gas distribution network Snam Rete Gas.

23 January 2012
EU Energy Policy

ETS slammed for failing to drive energy market investments

Green technology investors have long argued that a unilateral move by the EU to boost the bloc’s emissions target could help flagging carbon prices.

23 January 2012
EU Energy Policy

EU calls for even distribution of emissions reduction costs

A more ambitious European Union approach to limiting climate change this decade would cost less than originally estimated, but poorer member states stand to bear more of the extra burden, according to

23 January 2012
Exploration & Production

Norway rolls out biggest ever licensing round

A total of 60 production licenses have been awarded in what represents the biggest ever licensing round on the Norwegian continental shelf, raising expectations further that Norway’s oil and gas sec

20 January 2012
Supply & Demand

A tale of two demand growth patterns

Two main factors stand out when looking at BP’s Energy Outlook 2030, which was released this week.

20 January 2012
Pipelines, Storage & Power

Gassco pipeline

A Gassco-operated $4.2 billion pipeline into Norway's Arctic, that would bring natural gas to European markets, must be funded by the private sector and the government does not intend to take a financial role, the Norwegian Minister of Petroleum and Energy Ola Borten Moe was quoted as saying in a Reuters report on Friday.

20 January 2012
Companies & Finance

Bank mandated for UK CCS

French lender BNP Paribas has been appointed as financial adviser on a joint 650 megawatt power station and carbon, capture and storage (CCS) project in the UK called the Don Valley scheme.

20 January 2012
Companies & Finance

EIB considers Italian network debt

The European Investment Bank (EIB) is considering an application to supply up to €125 million ($161 million) in debt for the upgrade and expansion of gas and power distribution networks in central I

20 January 2012
EU Energy Policy

Member states await EC’s nuclear verdict

The third and final phase of the European Commission’s nuclear stress tests is underway, and the outcome of the report could put pressure on member states to partially or fully phase out nuclear power for good.

20 January 2012
Exploration & Production

Bulgaria bans fracking days after government releases public survey

The Bulgarian parliament has voted almost unanimously to implement a ban on shale gas drilling.

19 January 2012
EU Energy Policy

EC to apply for second negotiating mandate in energy

The European Commission is expected to officially apply in February for its second international negotiating mandate in the field of energy, this time between Estonia, Latvia and Lithuania (Baltic states) and Russia/Belarus, an unnamed EU source has told Energy Monitor.

19 January 2012
EU Energy Policy

EC scrutinises Hungary’s free CO2 allocation plan

The European Commission has asked Hungary to provide additional justification for, what the EU executive sees as a very narrow interpretation of the rules on who should benefit from possible free allocation of carbon emission credits in the energy sector as of next year, according to a government paper seen by Energy Monitor.

19 January 2012
LNG

Uncertainty undermining Croatian LNG options

Croatia is due to host the southern LNG terminal of the EU's energy security initiative on the island of Krk, but doubt still hangs over the development's prospects

19 January 2012
Supply & Demand

UK’s dependence on Qatari LNG a risk

The UK’s growing dependence on Qatari LNG imports has been called into question, with fears that deliveries will plummet in coming years as the country begins to supply Malaysia, Taiwan and Japan

18 January 2012
Companies & Finance

Corporate credit ratings affirmed

Ratings agency, Standard & Poor’s, has affirmed its AA-/A-1+ long and short-term corporate credit ratings on Dutch Gasunie, reflecting their opinion that the Dutch state is highly likely to provide timely and sufficient support to the company in the event of financial distress.

18 January 2012
Supply & Demand

Global energy demand may triple by 2030

Global energy demand is likely to grow by 39% by 2030, or 1.6% annually, almost entirely in non-OECD countries, BP said in its report Energy Outlook 2030, published today.

18 January 2012

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