(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Cassim Mangerah, Centrica Energy, Chris O’Shea, decarbonisation, energy optimisation, energy security, energy trading, energy transition, gas optimisation, gas trading, global energy markets, LNG, natural gas, New York, North America, partnership, power markets, Power Systems, sustainability, trading capabilities, US energy market
(IN BRIEF) Centrica plc has finalized an agreement for Spirit Energy to sell a 46.25% stake in the Cygnus gas field to Ithaca Energy for £215 million. The sale includes £116 million in headline consideration and £99 million in decommissioning … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 2P reserves, carbon capture, carbon storage, carbon storage facility, Centrica, Chris O’Shea, CO2 emissions, Cygnus gas field, decommissioning liabilities, Energy Portfolio, energy transition, gas fields, gas production, Ithaca Energy, Morecambe Net Zero, natural gas, North Morecambe gas field, partnership, South Morecambe gas field, Spirit Energy, strategic divestment, sustainability
(IN BRIEF) Eni has successfully launched gas production from the Merakes East field in Indonesia’s Kutei basin, marking a significant milestone in the company’s expansion efforts in Southeast Asia. The field will provide up to 100 MMSCFD of gas, contributing … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged Bontang liquefaction plant, condensate, development, Eni, exploration, gas production, gas supply, Gendalo-Gendang, Indonesia, joint venture, Kutei Basin, LNG, Maha field, Merakes East, natural gas, partnership, PETRONAS, SKK Migas, sustainability, upstream assets
(IN BRIEF) INEOS and Covestro have entered into a long-term natural gas supply agreement lasting up to eight years, ensuring stable and predictable energy for Covestro’s European operations. The agreement, set to begin in 2027, supports both companies’ goals to … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Covestro, David Bucknall, energy challenges, energy costs, energy security, energy supply, energy transition, EU manufacturing, European Industry, feedstock, industrial competitiveness, INEOS, LNG, long-term agreement, natural gas, sustainable energy, Thorsten Dreier
(IN BRIEF) The BW Singapore regasification unit in Ravenna has completed commissioning and will soon begin operations, adding 5 billion cubic meters to Italy’s LNG regasification capacity. This will bring Italy’s total regasification capacity to 28 billion cubic meters annually, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology
Tagged Africa, BW Singapore, energy diversification, energy security, gas supply, infrastructure, Italy, LNG, natural gas, partnership, Piombino, Qatar, Ravenna, regasification, renewable energy, Snam, sustainability, sustainable energy, USA
(IN BRIEF) Gasunie has awarded DNV a multi-year technical services contract to support the maintenance and innovation of energy infrastructure across the Netherlands and northern Germany. The four-year agreement, with options for two two-year extensions, covers critical services like equipment … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway, Technology
Tagged Adriaan den Herder, CO₂ transport, cryogenic systems, DNV, energy infrastructure, energy transition, equipment testing, gas analysis, Gasunie, Germany, Groningen, hydrogen, LNG, maintenance optimization, natural gas, Netherlands, partnership, pipeline maintenance, Prajeev Rasiah, Renewable Energy Infrastructure, sustainability, technical services
(IN BRIEF) EnBW has taken a major stride in its decarbonization journey by commissioning a new H₂-ready fuel-switch power plant at its Stuttgart-Münster site. This power plant replaces older coal-fired components with a modern, natural gas-fired gas turbine facility capable … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged carbon emissions reduction, CHP plant modernization, decarbonization, dispatchable power, district heating, Dr. Andre Baumann, Dr. Frank Nopper, Dr. Georg Stamatelopoulos, Dr.-Ing. Christian Bruch, EnBW, energy transition, fuel-switch power plant, gas turbine, Germany, grid stability, H₂-ready, infrastructure modernization, investment, low-carbon hydrogen, natural gas, power plant modernization, regulatory incentives, renewable energy, Siemens Energy, structural upgrades, Stuttgart-Münster
(IN BRIEF) Equinor has announced that natural gas from its Halten East field will be exported to Europe, a move that significantly strengthens the region’s energy security. The press release details how years of investment and technological advancements have enabled … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged digital innovation, economic recovery, energy security, energy transition, environmental stewardship, Equinor, Europe, Halten East, natural gas, offshore production, Operational Excellence, partnership, sustainability, sustainable energy
(IN BRIEF) The Sines LNG terminal, operated by REN, played a pivotal role in Portugal’s natural gas supply in 2024, delivering 98% of the National Gas System’s requirements. The terminal’s strategic importance continues to grow, with shipments primarily from Nigeria … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Technology
Tagged energy supply, energy transition, gas infrastructure, LNG shipments, National Gas System, natural gas, natural gas consumption, Nigeria, partnership, PORTUGAL, regasification, REN, REN Atlântico, Sines LNG Terminal, sustainability, United States
(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Air Quality, CNG, energy security, energy transition, gas trading, greenhouse gas emissions, Gregory Joffroy, GSPC, Gujarat, Gujarat State Petroleum Corporation Limited, INDIA, India Energy Week, industrial activities, liquefied natural gas, LNG, Milind Torawane, natural gas, New Delhi, partnership, Sale and Purchase Agreement, sustainability, TotalEnergies, transportation
(IN BRIEF) MAHLE is pioneering sustainable energy practices at its Vaihingen-Enz plant in Germany by introducing a photovoltaic thermal (PVT) system using over 1,000 PVT hybrid modules from Sunmaxx. The system will generate both electricity and thermal energy, reducing the … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Baden-Württemberg, climate goals, climate neutrality, decarbonization, energy costs, energy savings, fossil fuels, geothermal field, heat storage, heating supply, hybrid modules, industrial companies, Jumana Al-Sibai, kilowatt-peak, MAHLE, natural gas, partnership, photovoltaic thermal, PVT system, renewable energy, Sunmaxx, sustainability, Thermal and Fluid Systems, Thermal Energy, Vaihingen-Enz, Wilhelm Stein
(IN BRIEF) Wood has been awarded a substantial contract by Aramco to provide engineering and project management consultancy services for the Southern and Northern Areas gas increments in Saudi Arabia. The seven-year project, involving over one million engineering hours, will … Read the full press release
(IN BRIEF) Apollo Global Management has purchased a non-controlling stake in bp Pipelines TAP Limited, which holds bp’s 20% share in the Trans Adriatic Pipeline (TAP), for approximately $1 billion. While bp remains the controlling shareholder, this partnership allows bp … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged Apollo Global Management, BP, bp Pipelines TAP Limited, energy infrastructure, energy transition, Europe, Gas Projects, Greece, Italy, Leslie Mapondera, low-carbon energy, natural gas, Shah Deniz gas field, Skardon Baker, strategic partnership, TAP, Trans Adriatic Pipeline, William Lin
(IN BRIEF) Valaris has secured a major drilling contract from Equinor, Repsol Sinopec Brasil, and Petrobras for the Raia project in Brazil. The project, located in the pre-salt region of the Campos basin, is expected to begin drilling operations in … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Norway
Tagged Bacalhau field, Baker Hughes, Brazil, Campos basin, drilling and well services, drilling contract, drillship, DS-17, Ensco do Brasil Petróleo e Gás LTDA, Ensco UK Drilling Limited, Equinor, Halliburton, local energy security, Mette H. Ottøy, mobilisation, natural gas, oil, one billion barrels of oil equivalent, Petrobras, pre-salt region, Raia project, Repsol Sinopec Brasil, SLB, ultra-deepwater drillship, Valaris, Veronica Coelho
(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management
Tagged 100th anniversary, Compagnie Française des Pétroles, COP28, decarbonized power, Direct Energie, electricity, Elf-Aquitaine, ENERGY, energy transition, France’s energy supply, hydrocarbons, LNG, Maersk Oil, multi-energy company, natural gas, oil, Petrofina, renewables, Saft, TotalEnergies
(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, KUFPEC Norway, natural gas, Norway, ORLEN Group, partnership, PGNiG, Poland, sustainability
(IN BRIEF) Gasum has successfully delivered its second liquefied natural gas (LNG) cargo to the Inkoo floating storage regasification unit (FSRU) in Finland. The cargo, provided by Gasum’s partner Equinor, arrived on November 5th and is being regasified for integration … Read the full press release
Posted in Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Balticconnector gas pipeline, bunkering vessels, Equinor, Estonia, Finland, floating storage regasification unit, FSRU, gas pipeline grid, Gasum, Inkoo, Inkoo FSRU, Inkoo FSRU terminal, Jouni Liimatta, liquefied natural gas, LNG, LNG cargo, natural gas
(IN BRIEF) Equinor and RWE have signed a new supply agreement for natural gas, covering a period of five years starting in October. The agreement entails the supply of 10 to 15 terrawatt hours (TWh) of natural gas annually, strengthening … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Helge Haugane, natural gas, partnership, RWE, sustainability, transition
(IN KÜRZE) Das Kraftwerk Leipheim bei Ulm in Deutschland hat mit der erstmaligen Netzanbindung nach erfolgreicher Zündung einer Gasturbine einen bedeutenden Meilenstein erreicht. Das Projekt, das von LEAG verwaltet wird und sich im Besitz von Energetický a průmyslový holding („EPH“) … Read the full press release
Posted in Czech Republic, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities
Tagged Amprion, electricity, Energetický a průmyslový holding, Energiesicherheit, energy security, EP Power Europe, EPH, Erdgas, Erneuerbare Energien, gas turbine, Gasturbine, grid, grid stability, hydrogen, Jan Špringl, Kraftwerk Leipheim, LEAG, Leipheim power plant, natural gas, Netz, Netzstabilität, PPF Investments, renewable sources, Strom, Wasserstoff
(IN BRIEF) The Leipheim power plant, located near Ulm in Germany, has achieved a significant milestone by connecting to the grid for the first time after the successful ignition of a gas turbine. The project, managed by LEAG and owned … Read the full press release
Posted in Czech Republic, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities
Tagged Amprion, electricity, Energetický a průmyslový holding, energy security, EP Power Europe, EPH, gas turbine, grid, grid stability, hydrogen, Jan Špringl, LEAG, Leipheim power plant, natural gas, PPF Investments, renewable sources
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