A photo of Germany’s Reichstag in Berlin. Policy & Regulation

Germany puts energy debate on hold

German parties are split over their future energy plans but seem to be avoiding discussing it until after the election.

By Annemarie Botzki 22 September 2017
Pipelines, Storage & Power

Nabucco shareholders optimistic on 2017 start-up

The proposed 31 billion cubic metres per year Nabucco gas pipeline that could link Austria with the eastern borders of Turkey is likely to be developed according to its new timeframe despite supply agreements not being in place yet, Christian Dolezal, Nabucco’s head of communications told Interfax on Thursday.

16 June 2011
Supply & Demand

Gas captures increasing market share

Gas demand is set to increase by 500 billion cubic metres over the next five years — an average growth rate of 2.4% a year — as it captures an increasing share of the global energy supply mix, the International Energy Agency (IEA) said today.

16 June 2011
LNG

No rush for CCGT investment in Germany

The nuclear phase out in Germany and Switzerland seems unlikely to trigger any large-scale investments in gas-fired power stations anytime soon, according to industry experts.

16 June 2011
Pipelines, Storage & Power

Eni agrees price for TAG sale

Italy’s Eni has sold an 89% stake in Trans Gasleitung Austria — the company owning transport rights for Austria’s section of the Trans Austria Gas (TAG) pipeline — to Cassa depositi e prestiti Spa (CDP) for €483 million ($700 million).

10 June 2011
Companies & Finance

DNO International elects new chairman

The chief executive of Rak Petroleum, Bijan Mossavar-Rahmani, was elected the new chairman of Norwegian independent DNO International at the company’s annual general meeting on Thursday, ousting the long-running chairman Berge Gerdt Larsen.

10 June 2011
Exploration & Production

Mitsui buys stake in European shale project

Japan’s Mitsui has agreed to buy a 9% interest in 10 of Marathon Oil Corporation's Paleozoic shale gas exploration concessions in Poland.

9 June 2011
Supply & Demand

BP stats show “exceptional” growth in global gas production and consumption

Gas production and consumption showed “exceptional” growth in 2010, as the global economy rebounded from the 2008 credit crisis and emerging economies such as China continued their strong demand for the fuel, BP’s chief economist Christof Rühl said today.

8 June 2011
Companies & Finance

Total sells stake in Norwegian transportation system

French major Total has sold its entire 6.4% stake in the Gassled gas transportation system offshore Norway to Silex Gas, a wholly owned subsidiary of Allianz, it said on Wednesday.

8 June 2011
Pipelines, Storage & Power

Statoil, SSE agree long-term gas supply contract

Norwegian state-owned oil and gas company Statoil has entered into a 10-year agreement to supply Scottish and Southern Energy’s Peterhead power station with 0.5 billion cubic metres per year, the company said on Tuesday.

7 June 2011
Companies & Finance

Statoil agrees to sell Gassled stake for $3.2 billion

Norway’s Statoil is to sell a 24.1% stake in the Gassled joint venture for 17.35 billion Norwegian kroner ($3.2 billion) to Solveig Gas Norway – a joint venture including pension funds and the Abu Dhabi Investment Authority (Adia).

6 June 2011
Policy & Regulation

Market plays down Centrica’s response to tax hikes

UK gas traders on Thursday played down Centrica’s announcement that it would operate its 20 thousand cubic metres per day Morecambe South gas fields on a more intermittent basis in future, due to the tax increases for offshore production.

2 June 2011
LNG

Iberdrola, BP sign LNG supply agreement

Spanish utility Iberdrola has signed a 10-year LNG supply contract with British Petroleum (BP) starting in 2012, Iberdrola said on Wednesday.

1 June 2011
Pipelines, Storage & Power

Nabucco transit countries to sign project support agreements

The five transit countries of the planned 31 billion cubic metres per year Nabucco gas pipeline will sign project support agreements (PSAs) for the project on 8 June, Vienna-based Nabucco Gas Pipeline International GmbH (NIC) said on Wednesday.

1 June 2011
LNG

Hyundai Heavy to deliver two LNG tankers to Dynagas

Hyundai Heavy Industries, the world’s largest shipbuilder, has won a $600 million order to build two, 155 cubic metre LNG carriers for Greece-based Dynagas, it said on Tuesday.

31 May 2011
Supply & Demand

German nuclear phase out to boost gas imports - SocGen

Germany’s natural gas imports will increase by around 11% on the current levels to 89 billion cubic metres per year by 2022, following the decision to phase out nuclear power generation, French bank Société Générale said in a report on Monday.

31 May 2011
Supply & Demand

Germany may need 6 GW of additional CCGTs – Deutsche Bank

Germany may need to build an additional 6 gigawatts (GW) of gas-fired power plant capacity between 2011 and 2015 if it starts phasing out nuclear power plants following the incident at the Fukushima plant in Japan, analysts at Deutsche Bank said in a report on Friday.

27 May 2011
Companies & Finance

Tullow buys Nuon’s exploration and production arm

London-based Tullow Oil has agreed to buy Nuon Exploration and Production for €300 million ($427 million), increasing its North Sea gas production by over 60%.

27 May 2011
Supply & Demand

French gas outlook: Rising demand in a well-supplied market

French consumption of natural gas is expected to increase steadily over the coming years, due to increased demand from power generators and industrial producers, but supplies look ample at least for the near future, experts say.

26 May 2011
Policy & Regulation

Interview: David Sharp, senior consultant at INDECS

David Sharp, senior consultant at energy insurance consultancy, INDECS discusses the impact the BP oil spill in the Gulf of Mexico has had on the insurance market, the key insurance risks of drilling in environmentally sensitive areas and how insurers are coping with the spate of global natural disasters that have taken place over the past few mont

25 May 2011
EU Energy Policy

Gas industry needs a voice

The gas industry in Europe is failing to effectively put its case across to politicians, policymakers and the general public, and has fallen well behind a more organised and publicity-savvy renewables

25 May 2011

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