Grain LNG terminal. The UK’s carbon floor price has helped gas gain market share from coal. (Flickr/National Grid) LNG

ETS price too low for LNG to crowd out coal in power

LNG import prices in Europe have dropped sharply but will still rely on a boost in carbon prices to compete with coal in power generation.

By Andreas Walstad 22 June 2017
Pipelines, Storage & Power

Snam dismisses rumours of Gazprom TAP capacity offer

Italian gas transmission system operator Snam has scotched rumours that it offered Gazprom capacity on a proposed expansion of the Trans-Adriatic Pipeline to ship gas to Europe.

6 June 2017
Pipelines, Storage & Power

Polish and Danish TSOs launch ‘open season’ for Baltic Pipe

Polish transmission system operator Gaz-System and its Danish counterpart Energinet.dk have launched an ‘open season’ for the proposed Baltic Pipe project.

6 June 2017
Exploration & Production

Irish parliament expected to ban fracking this week

The lower house of Ireland’s parliament has approved a law to ban fracking in the country, and the upper house is expected to do the same this week.

5 June 2017
LNG

RWE receives first LNG from Qatargas

RWE Supply & Trading received its first cargo of LNG from Qatargas in May, the company said in a note on Friday.

2 June 2017
Companies & Finance

Snam in talks with Gazprom on cooperation opportunities

Italian transmission system operator Snam and Russian major Gazprom are discussing opportunities to work together, Gazprom said in a note on Friday.

2 June 2017
Companies & Finance

Shell to cut further 90 jobs in its Aberdeen office

Shell will cut an additional 90 jobs at its office in Aberdeen, Scotland. The move follows the sale of the company’s North Sea assets at the beginning of 2017 and the loss of 750 jobs in its North Sea business.

2 June 2017
The FSRU Independence at Klaipeda. Lithuania’s plans to become a gas trading hub have stalled. (Höegh LNG) LNG

Lithuania’s gas hub plans move further away

Although the Klaipeda LNG terminal has been successful for Lithuania, the country’s attempt to become a Baltic gas trading hub is faltering.

2 June 2017
A seismic survey ship at work. Zohr has changed conceptions about the Mediterranean Sea. (Woodside) Exploration & Production

Zohr is just the beginning – Spectrum Geo

Zohr has changed ideas about the geology of the Mediterranean Sea, revealing a shallow-water environment that offers hopes of new gas discoveries, Spectrum Geo’s Karyna Rodriguez says.

31 May 2017
A combined-cycle thermo-solar power plant. Gas should benefit from carbon pricing. (Dana Smillie, World Bank) Policy & Regulation

G20 to debate carbon pricing and subsidy phase-out

The upcoming G20 meeting will provide an opportunity for discussions on a global carbon price, but progress may take time.

31 May 2017
Gas for Transport

Italgas to convert vehicle fleet to run on CNG

Italian gas distributor Italgas will replace its fleet of about 6,000 vehicles over the next three years with ones that run on CNG

31 May 2017
Companies & Finance

Italgas to invest €5 bln during 2017-2023

Italian local gas distribution company Italgas is planning to invest €5.0 billion between 2017 and 2023.

31 May 2017
Romania could be a reliable source of supply to the rest of Europe in the case of emergencies. (Romgaz) Supply & Demand

Romania’s gas reforms worry Brussels

Romania’s proposed regulations to restrict gas exports in times of crisis are setting it against the EU’s plans for energy security.

31 May 2017
Companies & Finance

Higher sales and prices boost PGNiG results in Q1

The Polish state-owned company saw profits boosted by an 11% year-on-year increase in gas sales and higher gas prices.

31 May 2017
Exploration & Production

Eni signs MOU with Fincantieri on LNG and gas-for-transport

Eni has signed a memorandum of understanding with multinational shipbuilder Fincantieri to carry out research and development in the gas sector.

30 May 2017
LNG

Flex LNG to buy six new LNG vessels

Flex LNG will add six new LNG vessels to its fleet by 2019, each with a capacity of 170,000 cubic metres.

30 May 2017
Policy & Regulation

IEA pushes Norway to do more to boost renewables

Norway should collaborate with other countries in the Nordic electricity area to harmonise their renewable energy policies and incentives, the IEA has said.

30 May 2017
Alternative Fuels

Putin and Orban discuss Rosatom role in Paks nuclear plant

Russian President Vladimir Putin spoke to Hungarian Prime Minister Viktor Orban on Friday to discuss Rosatom’s role in two new units at Hungary’s Paks nuclear power plant.

26 May 2017
Companies & Finance

Fortum sells share in Polish Duon Dystrybucja

Fortum will sell its 100% share in Polish distribution company Duon Dystrybucja to Infracapital for an undisclosed price.

26 May 2017
Gas for Transport

Eni and Snam to develop CNG and LNG plants in Italy

Eni has signed a framework agreement with transmission system operator Snam for the development of CNG and LNG stations in Italy.

26 May 2017
MEP José Blanco López has called for a higher target for renewables in the EU’s energy mix. (EP) Policy & Regulation

MEPs face long battle on renewables ambition

Efforts to raise the EU’s renewables target to 35% of energy consumption look set to face significant opposition.

25 May 2017

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