German NGV filling station Gas for Transport

New German scheme may boost gas in transport – Iveco

The new measure will mean gas will be more competitive than petrol or diesel as a transport fuel in Germany.

By Silvia Favasuli 12 December 2017
EU Energy Policy

EC to push through transparency rules on IGAs by 2012

The European Commission aims to have put into force new rules that increase transparency on energy-related, intergovernmental agreements (IGA) between member states and third countries by the first half of next year.

3 November 2011
LNG

Romania will support fifth partner for Black Sea AGRI LNG

Following a bilateral summit between Serbian President Boris Tadic and his Romanian counterpart Traian Basescu in Belgrade this week it has emerged that the former may be about to join the Azerbaijan- Georgia-Romania-Interconnection (AGRI) LNG project.

3 November 2011
LNG

Ukraine’s LNG project seeks investors

Ukraine is looking for new investors for its planned LNG import terminal, which is facing a number of challenges due the country’s uncertain investment climate.

2 November 2011
Exploration & Production

Fracking likely cause of UK tremors

Hydraulic fracturing likely caused the tremors reported in Lancashire, UK, earlier this year, an independent report published on Wednesday concluded.

2 November 2011
Pipelines, Storage & Power

IEA urges Greece to invest in storage facilities

Greece should continue to encourage the development of gas storage capacity to add more flexibility to its gas system in case of a supply crisis, the International Energy Agency (IEA) said in a report, Energy Policies of IEA Countries: Greece 2011 Review, published last week.

1 November 2011
EU Energy Policy

Commission to weigh in the European CRM debate

The European Commission will act next year to prevent any setback to the creation of the EU internal energy market caused by the diverging capacity remuneration mechanisms (CRMs) that some member states are planning to introduce in their electricity markets, a senior Commission official said Monday.

31 October 2011
Exploration & Production

Ireland’s Corrib project muddles through despite protests

Royal Dutch Shell’s Corrib project will be able to meet half of Ireland’s gas demand - albeit nearly 10 years behind schedule.

31 October 2011
Exploration & Production

GDF Suez signs two deals with China

French energy major GDF Suez said on Monday that it had signed deals with China Investment Corporation (CIC) and China National Offshore Oil Corp. (CNOOC), as part of its strategy to bolster its position in China and the Asia-Pacific region.

31 October 2011
Companies & Finance

Nord Stream agrees re-pricing arrangements with banks

Nord Stream has agreed re-pricing arrangements with the 24 banks lending to the €3.9 billion ($5.5 billion) Phase I project finance facilities originally closed in March 2010.

28 October 2011
Companies & Finance

European Investment Bank considers $567.9 mln loan for Italian projects

The European Investment Bank (EIB) is mulling over a €400 million ($567.9 million) loan for the construction of two gas pipelines and an interconnector terminal in Italy.

28 October 2011
Exploration & Production

Polish GTL refinery could be in place by 2020

Polish state gas firm PGNiG is seeking a partner to help develop a new multi-billion dollar gas processing facility to refine production from the country's huge projected unconventional reserves.

28 October 2011
Companies & Finance

Total posts Q3 net income rise of 24%

French oil major Total said on Friday that its net income rose 24% in the third quarter of 2011 on the back of higher oil prices and improved operational performance in refining.

28 October 2011
Companies & Finance

Majors weather storm amid uncertainty

In a busy week for company earnings results, Shell came out as one of the winners after beating analysts’ expectations with a juicy $7.2 billion quarterly net profit – a 106% increase on the same quarter last year.

28 October 2011
Exploration & Production

Libya’s return to full oil and gas production could take a year

Although international oil firms are starting to move back into Libya, it could take up to a year for oil and gas production to reach pre-crisis levels.

27 October 2011
Companies & Finance

Statoil's net profit drops below expectations

Statoil’s third quarter financial results came out below expectations on Thursday due to disappointing international gas output and a higher effective tax rate.

27 October 2011
Companies & Finance

Shell's profits climb, despite lower production

Anglo-Dutch Royal Dutch Shell saw oil and gas production fall by 2% year-on-year in the third quarter of 2011, but the company’s net profit for the period surpassed analysts’ expectations.

27 October 2011
Companies & Finance

Strong E&P, LNG sales push GDF EBITDA up 10%

French energy company GDF Suez reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of €12.1 billion ($17 billion) in the first nine months of 2011, up 10.2% compared with the same period last year, the company said on Thursday.

27 October 2011
LNG

Europe ‘like a bond’ for global LNG market

Europe cannot offer the same prices as Asia for LNG cargoes, but it offers a stability of supply that won’t be found anywhere else, OMV’s head of global gas sourcing Luca Della Gatta told the North Africa Oil & Gas Summit on Thursday.

27 October 2011
EU Energy Policy

EC expected to impose new rules on offshore oil and gas drilling

The European Commission is expected to propose on 27 October new rules to establish minimum standards for the authorisation and oversight of offshore oil and gas activities across the EU.

27 October 2011
Companies & Finance

EDF eyes majority stake in Edison by end of October

EDF is expected to take a majority stake in Italian gas company Edison by the end of the month, a deal which will give the French power company direct access to upstream gas assets in North Africa and the Middle East.

26 October 2011

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