Thursday, February 21, 2019

European Union News

EIA: Azerbaijan Surges in Natural Gas

Graphics: U.S. Energy Information Administration

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The…

Norway's Snow Crab Ruling Boosts Oil Claim

© Suvorov Aleksey / Adobe Stock

A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control…

Uniper: EU Decision on Nord Stream 2 Won't Affect Construction

Uniper said on Thursday it will stick to its contractual obligations concerning Russian gas export pipeline Nord Stream 2, adding that the outcome of an upcoming EU meeting would not…

BSOG to Go Ahead with Midia Offshore Project

Drilling at the Iulia-1 well (Photo: BSOG)

Romanian-based Black Sea Oil & Gas, controlled by private equity firm Carlyle Group LP, said on Thursday it has decided to go ahead with its $400 million offshore gas project in Romania…

Tankers with Venezuelan Oil Collect off US

© Igor Groshev / Adobe Stock

A flotilla loaded with about 7 million barrels of Venezuelan oil has formed in the Gulf of Mexico, some holding cargoes bought ahead of the latest U.S. sanctions on Venezuela and others whose buyers are weighing who to pay…

LNG REPORT: LNG Bunkering Vessels Rise to Nine, 30 More to Come

Image: SEA\LNG

The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt LNG.According to SEA\LNG…

Ingeteam Joins Spain's First Offshore Wind Turbine

Image: Esteyco

Spanish power technology giant Ingeteam is participating in the first bottom-fixed foundation offshore wind turbine prototype to be installed in Spain and the first of its kind in southern Europe.At the request of Estyco…

Alexandroupolis FSRU Delivery Delayed by Six Months

File Image: Gastrade

Greek utility company Gastrade has extended the timeline for completion of its Greek LNG development by six months to allow more time for the delivery of offshore floating, storage…

Poland and Lithuania Agree to Build Undersea Power Cable

Polish and Lithuanian power grid operators said on Friday they had agreed to build a high voltage direct current (HVDC) underwater cable by 2025 as part of a plan to connect the electricity grids of the Baltic states with tho

Tilting at Windmills: Spain Strains to Meet Record Renewables Goal

© AA+W / Photo: Adobe Stock

Wind turbine maker Siemens Gamesa is booking 14 colossal specialized cranes, has hired new staff and boosted capacity by up to 80 percent at its Spanish factories as developers strain…

Spain Strains to Meet Record Renewables Goal

© David Prado / Adobe Stock

Wind turbine maker Siemens Gamesa is booking 14 colossal specialized cranes, has hired new staff and boosted capacity by up to 80 percent at its Spanish factories as developers strain…

UKCS Still Worth Investment Despite Brexit -Equinor

(Photo: Jamie Baikie / Equinor)

Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told…

Croatia's HEP to Invest $1.85 bln in Renewable Energy by 2030

© Petkov / Adobe Stock

Croatia's state-run power utility HEP aims to boost renewable energy to 50 percent of its total capacity from the current 35 percent, investing 1 billion Croatian kuna ($153.96 million) a year on average until 2030…

German Conservative Questions Future of Russian Gas Pipeline

A key ally of German Chancellor Angela Merkel on Monday raised questions about the future of the Nord Stream 2 gas pipeline amid growing concern about Russia's seizure of three Ukrainian…

Tank Storage Association Cautious on EU's Approval of Brexit

Image: Tank Storage Association (TSA)

European Union (EU) leaders approved the agreement on the UK’s withdrawal and future relations with the EU.Tank Storage Association (TSA) recognises that the agreement still needs to…

​Most of Nord Stream 2 Project to be Paid for by 2019 - OMV CEO

Rainer Seele  (Photo: OMV)

The Nord Stream 2 gas pipeline project connecting Russia to Germany will be 70 percent paid for by next year, the chief executive of Austrian oil and gas company OMV said on Friday.The project partners will likely make anothe

EU Lawmakers Set Energy Efficiency, Renewables Targets

© vencav / Adobe Stock

European Union lawmakers on Tuesday targeted energy savings of 32.5 percent and a renewable energy uplift of 32 percent by 2030, in a push to meet the bloc's pledge under the Paris…

US warns sanctions still an option against Nord Stream 2

Pipelay of the Nord Stream 2 Pipeline has started in Finland (Photo: Allseas)

The United States could yet impose new sanctions to try to block construction of the Russian Nord Stream 2 gas pipeline across the Baltic Sea to the European Union, the U.S. ambassador…

Cano Limon Pipeline Hit by More Bombings

Colombian state-run oil company Ecopetrol said on Tuesday that three new bombings of the Cano Limon pipeline have caused contamination in several waterways in the country's northeastern…

HH Ferries Launches Battery-powered Passenger Vessels

Pic: HH Ferries Group

Swedish HH Ferries Group has inaugurated the two ferries Aurora and Tycho Brahe as the world’s largest battery-powered passenger ferries on the route between Helsingborg, Sweden and Helsingör…