Italy wheels out top politicians for North African energy push
Data from the European Union shows Algerian gas flows to Italy up 41% year on year in the third quarter of 2022.
Pipelines
Spain’s Enagas buys into key UK-Dutch gas pipeline
Enagas is to acquire a 20% stake in the Dutch BBL Company, which operates a 150-mile gas interconnection linking the UK and the Netherlands.
Eni, Snam complete Algeria pipeline carve up
It also noted that there was scope to develop hydrogen resources within the venture. There was discussion in December, during talks between Algeria and Germany, about the possibility of transporting green hydrogen via Italian links.
Nord stream 2 gas pipeline firm given stay of bankruptcy
A Swiss court has granted a six-month "stay of bankruptcy" to the operating company for the never-opened Nord Stream 2 pipeline, which was built to bring Russian gas to Germany but put on ice shortly before Russia invaded Ukraine in February.
Gazprom exports at lowest this century on capped flows to EU
Gazprom PJSC’s exports to its key foreign markets almost halved in 2022 — reaching the lowest since at least the start of the century — as flows to Europe were slashed following the invasion of Ukraine.
Germany takes over Uniper as FSRU starts up
Germany agreed to reduce its stake in Uniper to 25% plus one share by 2028 at the latest.
Gazprom starts up ex-BP gas field with exports to China
President Putin said Kovykta and Chayandinskoye could produce 50 bcm per year.
Sweden confirms sabotage behind Nord Stream explosion
Swedish prosecutors have concluded that sabotage caused the Nord Stream explosions, in September.
Shell, Aramco heads warn of gas, oil supply squeeze
The lack of fungibility of the gas market is set to pose a major challenge for Europe in the near term, the heads of Saudi Aramco and Shell agreed today.
Nord Stream leaks end, as Russia and US butt heads at UN
The Nord Stream pipelines appear to have stopped leaking, according to the Danish Energy Agency, while accusations are thrown over responsibility.
Nord Stream springs leaks amid talk of sabotage
Nord Stream 1 and 2 have sprung a number of leaks simultaneously, releasing gas into the environment.
Fitch warns of tough 2023 amid markedly higher gas prices
Fitch Ratings has increased its short and medium term gas price assumptions, based on an assumption of no further Russian supplies into the European Union.
Finding only negligence, OMV opts out of suing former CEO
OMV has cleared former CEO Rainer Seele of misconduct. It did find evidence of negligence in some of his actions, it said in a report.
Europe braces for rationing risks in Russian gas showdown
Europe faces the risk of blackouts, rationing and a severe recession if Russia further slashes gas deliveries, and the next reality check is at hand.
Chevron, NewMed work on gas export options from Israel
Chevron and partners are keen to increase gas exports to Israel’s neighbours and have made a bid to secure all capacity in a proposed pipeline to Egypt.
Uniper posts mega loss on Russian gas squeeze
Uniper has been hard hit by reduced Russian gas deliveries, posting major losses and with better times only coming in 2024, it has said.
Gas pipeline part is ready for Russia, says German leader
German Chancellor Olaf Scholz has inspected a mechanical turbine at the centre of a natural gas dispute and declared "there are no problems" with the part besides information from Russia's state-controlled gas company.
Technip Energies signs up to work on Total’s Le Havre FSRU
Technip Energies will supply a marine loading arm to TotalEnergies at the planned FSRU project in France.
Panic over as Enagas denies Medgaz stoppage
Spanish transmission operator Enagas has shrugged off disruption to Algerian gas flows via the Medgaz link.
Nord Stream says Russian gas shipments resumed on Thursday
Russia started sending gas through its biggest pipeline to Europe after a 10-day maintenance period.
Russia snubs gas transit bookings, keeping buyers guessing on supplies
Moscow again rejected additional gas-pipeline space offered by Ukraine, keeping European buyers guessing as future flows on the key Nord Stream route also remain uncertain.
Saipem stock plunges, banks to step in as underwriters
Saipem (MI:SPM) shares have plunged around 70% from July 11 after the company acknowledged demand for additional shares was less than expected.
Gazprom’s shunned Nord Stream 2 wins spat over EU pipeline rules
Russia’s shunned Nord Stream 2 gas pipeline won a legal boost in its pre-war challenge against European Union rules that subjected all new and existing pipelines involving foreign suppliers to the EU’s energy market-opening requirements, after the bloc’s top court said its appeal can be heard.
Sonatrach tweaks pricing conditions for Engie
Sonatrach has struck a deal to supply France’s Engie with gas via the Medgaz pipeline.
Tengiz explosion kills two
An explosion this morning at Kazakstan’s Tengiz oilfield has killed at least two workers, according to local reports.