Total and Shell back out of carbon storage project in the Netherlands
AMSTERDAM (25 April) - After TotalEnergies & Shell retracted part of their planned investment, the Dutch government announced on Friday that it would invest 639 million euro…
Enagas' chief executive says that Spain's national hydro network plan is ahead of schedule
The chief of Spanish gas grid operator Enagas announced on Friday that plans to build a 2,600 km (1.615 mile) network of hydrogen in Spain were progressing ahead of schedule.
Italy pays gas incentive for meeting 90% storage target
Gas grid operator Snam announced that Italy will introduce an incentive program at the beginning of this month in order to encourage companies to inject gas into storage following…
Portugal imports more US and Nigerian LNG in order to stop Russian supplies
The Portuguese government plans to buy more liquefied gas (LNG), mainly from the United States, and Nigeria to replace its already diminishing Russian supplies. This was announced…
Zara founder Ortega triples investment in energy assets
Amancio Ortega, founder of Zara and his investment company Pontegadea, almost tripled their investments in renewable energy last year. They are continuing to expand the efforts…
Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas
Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens…
Poland and Denmark to Build Baltic Gas Pipeline
Poland's gas grid operator Gaz-System and its Danish counterpart have given the final go-ahead to invest in building a gas pipeline linking Poland with Norway's deposits via the Baltic Sea and Denmark…
Greece Gets Two Binding Bids in Gas Grid Sale
Greece has received two binding bids for a 66 percent stake in its gas grid operator DESFA, whose privatisation is a key term of its international bailout, the Greek privatisation agency (HRADF) said on Friday.
Greece Sets Deadline for DESFA Gas Grid Sale
Greece's privatisation agency (HRADF) has pushed back to Feb. 16 the deadline to submit binding offers for a 66 percent stake in natural gas grid operator DESFA, sources close to the process said on Wednesday.
Hellenic Petroleum Expects Final Bids
Hellenic Petroleum expects to get binding bids for Greece's gas grid operator next month, its deputy chief executive officer said on Thursday. "We expect to get financial offers in December…
Greece Fails to Reach Deal on Gas Grid Sale to Azerbaijan's SOCAR
Greece said on Wednesday that talks to sell a 66 percent stake in gas grid operator DESFA to Azerbaijan's OSCAR did not conclude successfully. The country's energy ministry…
Azerbaijan's SOCAR Still Looking to Divest Greek Gas Grid Stake
Azerbaijan's state energy firm SOCAR is still looking for an investor to divest a stake in Greece's natural gas grid operator DESFA, a key condition to conclude the acquisition of the Greek company…
Azerbaijan's SOCAR Expects Talks with Greece Over Gas Grid
Azerbaijan's state energy company SOCAR expects to resume talks over acquiring a stake in Greek gas grid operator DESFA in December, SOCAR's president said on Monday. The potential deal…
EIB in Talks to Lend $500 mln to PGE
The European Investment Bank (EIB) is in advanced talks to lend more than 2 billion zlotys ($526 million) to Poland's biggest power producer PGE to help finance its investments…
Gazprom, Gasunie to Cooperate on Small-scale LNG
Russian state gas company Gazprom and Dutch gas grid operator Gasunie have signed an agreement to cooperate on the small-scale liquefied natural gas (LNG) market in Europe, Gazprom said in a statement on Thursday.
Global LNG Prices Hold Steady, Eastern Demand Muted
Asian spot liquefied natural gas (LNG) prices for June delivery were steady this week as demand from end users remained subdued, traders said. The price of Asian spot cargoes…
Russia Doubles Gas Flows to Ukraine, Ramps up Europe Deliveries
Russian natural gas deliveries to Ukraine doubled at the start of this month after the countries extended a temporary agreement over pricing, while supplies to European countries also ramped higher, data showed.
Snam Sets Terms of Reserved Cash Call to Buy TAG Gas Pipeline
Italian gas grid operator Snam said its board had approved the conditions of a reserved capital increase of 502 million euros to buy the Trans Austria Gasleitung GmbH (TAG) pipeline carrying Russian gas into Italy.
French LNG Winter Supply Issues Unlikely
French gas storage levels at three-year highs make shortages this winter unlikely, grid operator GRTGaz said in a report on Wednesday but urged companies to be ready to raise…
Estonia Sidesteps Russia with Lithuanian Gas
Estonia imported its first natural gas from Lithuania, via Latvia, last week in a move which reduces its energy dependence on Russia, Latvia's gas grid operator Latvijas Gaze said on Monday.
