Friday, May 20, 2022

CHEAPER COAL MAY FORCE EUROPEAN GAS DEMAND DOWN THIS YEAR –...

EUROPEAN GAS DEMAND SEEN FALLING THIS YEAR DUE TO CHEAPER COAL-IEA
 European gas demand is expected to decline this year as continued high prices make coal more competitive for power generation, while...

QATAR WANTS EU EMERGENCY GAS TO STAY WITHIN EU

QATAR SEEKS EU GUARANTEES EMERGENCY GAS STAYS WITHIN EU- SOURCE
Top gas producer Qatar is asking the European Union to restrict resales of gas outside the bloc if it wants Qatar and...

EQUINOR SAYS NORWAY LNG PLANT FACES FURTHER RESTART DELAY

NORWAY LNG PLANT RESTART FACES NEW DELAY IN BLOW TO EUROPE'S GAS SUPPLY
Norway’s Hammerfest LNG plant faces a further delay to restarting production after a fire in 2020, operator Equinor said on Monday,...

FREE CASH FLOW OF BRITAIN’S GENEL ENERGY MAY DOUBLE IN 2022

FREE CASH FLOW OF BRITAIN’S GENEL ENERGY MAY DOUBLE IN 2022
Britain’s Genel Energy on Tuesday forecast its free cash flow to more than double in 2022, helped by an increase in global...

NORWAY OIL AND GAS OUTPUT TO RISE BY 9% IN 2024...

Norway oil and gas output to rise 9% by 2024, regulator says
Norway is set to boost its petroleum output by more than 9% by 2024 buoyed by a jump in investment in the country’s biggest export sector, data from the Norwegian Petroleum Directorate (NPD) showed on Thursday.

DAY 2, RUSSIAN GAS FLOWS IN REVERSE VIA YAMAL-EUROPE PIPELINE

Russian gas flows via Yamal pipeline run in reverse for second day
Russian gas flows via the Yamal-Europe pipeline to Germany continued to flow in reverse mode for a second day on Tuesday, data...

ISS backs shareholders support Shell move to UK

SHELL DIVESTS MORE ONSHORE ASSEST IN NIGERIA ..DEAL TO FETCH $3BN
The Institutional Shareholder Service (ISS), a Proxy advisory firm, has recommended shareholders support Royal Dutch Shell’s plan to move its head...

Norway oil firms raise 2022 investment forecasts

Oil and gas firms in Norway have increased their 2022 investment forecasts during the last three months as the industry prepares to...

OGA to Investigate Suspected Breach

The UK Oil and Gas Authority (OGA) has announced that it has opened an investigation into a possible breach of field production consents.

European gas prices rise over Russian supply uncertainty

European gas futures jumped, extending their rebound from last week’s slump, as shipments from Russia dropped. While Europe’s...

Shell CEO Talks Shell Break Up at Web Summit

shell
That was the Royal Dutch Shell plc chief executive officer Ben van Beurden during an on-stage interview at the Web Summit...

Eni strengthens its presence in the UK offshore wind market

UK OFFSHORE
Eni acquires a 20% stake in the UK Dogger Bank C project, the third phase of the world largest offshore wind farm...

Air Liquide, Eni partner on hydrogen mobility development

Air liquide
Eni and Air Liquide join forces to support hydrogen mobility as one of the solutions to decarbonize the transport segment. The two...

Europe’s gas prices surge as Russian pipeline switches to flow east

Europe’s gas prices surge as Russian pipeline switches to flow east
A major pipeline that normally brings Russian gas from Poland into Germany has been switched to flow east, further boosting Europe’s sky-high...

Equinor increases gas exports, sacrificing some oil output

Equinor ASA is boosting natural gas exports to ease Europe’s supply crunch, sacrificing some oil production in the process. 

Prosafe To Work On Elgin Field For TotalEnergies

Offshore accommodation services provider Prosafe has won a deal from TotalEnergies to provide accommodation support in the UK sector of the North...

Europe faces possible energy blockades as winter gas crisis worsens

Europe is heading into winter facing an unprecedented energy squeeze, and politicians are trying to figure out how to stop their citizens...

TotalEnergies’ UK offshore wind hub to help staff transit to renewables

OFFSHORE
TotalEnergies has opened the company’s UK Offshore Wind Hub in Aberdeen as part of the Company’s existing offshore operations centre to enable...

France eyes petrol vouchers to ease energy price squeeze

France Eyes Petrol Vouchers To Ease Energy Price Spike
French ministers floated the possibility of petrol vouchers for low-income households on Monday, as President Emmanuel Macron’s government seeks to limit the...

UK’s Shell Energy to take on customers of failed supplies GOTO...

The call comes after coal, oil and gas prices surged to all-time or multi-year highs in recent weeks hammering utilities and consumers from Europe to China, raising inflationary pressures and putting at risk a global recovery from the COVID-19 pandemic. Globally buyers and consumers are advocating for higher investment in energy assets for continued and affordable supplies.
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