Amid European gas talk, ICE sets out new LNG futures
Intercontinental Exchange (ICE) has launched two new LNG futures: North-West Europe and South-West Europe, as the continent struggles to make sense of tumultuous gas pricing.
France
Nearly half of UK offshore wind capacity owned by foreign governments
Nearly half of UK offshore wind capacity is controlled by state-owned or majority state-owned foreign entities, according to a new report.
Political will and Europe’s energy security challenge
European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.
EDF reports $1.3bn loss as France prepares nationalisation
Electricite de France (EDF) reported a historic loss for the first half of 2022 as it suffered a slump in nuclear output in the midst of a severe European energy crisis.
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.
Technip Energies, NPCC launch MENA-focused energy transition unit
Technip Energies and Abu Dhabi’s National Petroleum Construction Co. (NPCC) have agreed to establish a joint company, aiming to focus on the energy transition.
Adnoc, TotalEnergies to deepen co-operation, with state backing
Adnoc and TotalEnergies have signed a deal to work together, while France and the United Arab Emirates have also made high-level commitments.
Sonatrach tweaks pricing conditions for Engie
Sonatrach has struck a deal to supply France’s Engie with gas via the Medgaz pipeline.
Pouyanné calls for immediate action to reduce energy use
The heads of Engie, EDF and TotalEnergies have called on the French to cut energy consumption as the European energy system comes under strain.
Cash needed to defuse Yemen’s floating oil bomb
The United Nations has begun securing funding commitments to tackle the dangers posed by the FSO Safer, offshore Yemen.
Europe invested £35bn in new wind farms in 2021, ‘well short’ of what is needed
Europe invested almost £35 billion in new wind farms last year, bankrolling 25 gigawatts (GW) of fresh capacity.
TotalEnergies to continue Russian gas purchases, despite criticism
TotalEnergies CEO Patrick Pouyanné has stood up, once more, for the company’s values – but defended the purchases of Russian LNG.
France seizes head of Rosneft’s yacht
French customs agents have seized the Amore Vero yacht, belonging to Rosneft CEO Igor Sechin.
Shell sees $4.5 billion of investment opportunities in France
Shell has identified 4 billion euros ($4.5 billion) of potential investments in France in a bid to support the country’s efforts to develop sustainable sources of energy, Le Figaro reported on Saturday, citing an interview with Chief Executive Officer Ben van Beurden.
Europe power crunch shuts down factories as prices hit record
European power climbed to a fresh record as France faces a winter supply crunch, with heavy industries forced to curb production across the region.
As EACOP FID looms, French court knocks TotalEnergies back
A French court has found against TotalEnergies in a case on the “duty of vigilance” law, with environmental NGOs claiming this as a victory.
Macron oversees slew of French deals on visit to Middle East
French President Emmanuel Macron has overseen a number of commercial deals during his visit to the Middle East.
HMS Trent sets sights on security in Gulf of Guinea
A Royal Navy ship is on its way to the Gulf of Guinea, amid a continued focus on security.
Equinor continues floating wind expansion with new partnership
Equinor is continuing to expand its floating offshore wind operations with plans to roll out the technology in France.
G20 signals support for carbon pricing
The G20 has signalled an increased interest in accepting carbon pricing to tackle climate change.
Waves and seaweed challenge France’s plans for floating wind
Floating wind energy projects could open up vast areas of the world’s oceans to produce carbon-free power.
James Fisher Renewables drafted in to help identify unexploded ordnance off France
James Fisher Renewables has been drafted in to help deal with unexploded ordnance off the coast of France.
Mozambique, Nigeria talk gas at French summit
France held a summit on May 18 for African leaders, with discussions around debt, security and energy.
France preps for economic summit with African states
France is preparing to hold a summit to bolster its economic links with a number of African states.
KBR wins FEED work on Bua Group refinery
Bua Group has contracted KBR to carry out front-end engineering and design (FEED) on its proposed refinery in Nigeria.