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.
Data from the European Union shows Algerian gas flows to Italy up 41% year on year in the third quarter of 2022.
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.
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.
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 PJSCโs exports to its key foreign markets almost halved in 2022 โ reaching the lowest since at least the start of the century โ as flows to Europe were slashed following the invasion of Ukraine.
Germany agreed to reduce its stake in Uniper to 25% plus one share by 2028 at the latest.
President Putin said Kovykta and Chayandinskoye could produce 50 bcm per year.
Swedish prosecutors have concluded that sabotage caused the Nord Stream explosions, in September.
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.
The Nord Stream pipelines appear to have stopped leaking, according to the Danish Energy Agency, while accusations are thrown over responsibility.
Nord Stream 1 and 2 have sprung a number of leaks simultaneously, releasing gas into the environment.
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.
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 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 and partners are keen to increase gas exports to Israelโs neighbours and have made a bid to secure all capacity in a proposed pipeline to Egypt.
Uniper has been hard hit by reduced Russian gas deliveries, posting major losses and with better times only coming in 2024, it has said.
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 will supply a marine loading arm to TotalEnergies at the planned FSRU project in France.
Spanish transmission operator Enagas has shrugged off disruption to Algerian gas flows via the Medgaz link.
Russia started sending gas through its biggest pipeline to Europe after a 10-day maintenance period.
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 (MI:SPM) shares have plunged around 70% from July 11 after the company acknowledged demand for additional shares was less than expected.
Russiaโs 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 EUโs energy market-opening requirements, after the blocโs top court said its appeal can be heard.
Sonatrach has struck a deal to supply Franceโs Engie with gas via the Medgaz pipeline.
An explosion this morning at Kazakstanโs Tengiz oilfield has killed at least two workers, according to local reports.