Europe

Tracking Data Shows Russian Pipe-Laying Vessels Head toward Nord Stream 2 Work Site

Russian pipe-laying and other vessels are heading to Nord Stream 2 pipeline construction sites in the Baltic Sea amid U.S. pressure to scrap the project that aims to pump more Russian gas to Europe.

European Lawmakers Call to Block Nord Stream 2

As expected, European Union lawmakers passed a resolution calling for the bloc to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny.

Germany's Merkel Plans to Discuss Nord Stream 2 with US

In general, Merkel said that "there is simply a much broader political overlap with President Biden" than with predecessor Donald Trump.

EU Lawmakers Expected to Vote to Block Nord Stream 2

European Union lawmakers are expected to support a resolution to stop the completion of the Nord Stream 2 gas pipeline to take Russian natural gas to Europe, in response to the arrest of Kremlin critic Alexei Navalny.

German Regulator Awaits Detailed Complaints Against Nord Stream 2

Opponents still need to give detailed reasons to justify a halt on Nord Stream 2's construction in German waters.

Future Looks Bright for LNG in Post-COVID-19 Era

The onset of COVID-19 caused a decline in gas demand of around 4% with a similar decline in the LNG trade. Most forecasts expect gas demand to recover in 2021 to pre-pandemic levels. But what happens thereafter?

Projects

Open Grid Europe Looks to Operate Gas Pipeline in March   Source: Zeelink Open Grid Europe is testing the recently completed $705 million (600 million euro) Zeelink gas pipeline with plans to make it operational, possibly as early as March 2021.   The 134..

Max Midstream Announces Agreement with Major European Tank Storage Company

Texas-based energy company Max Midstream announced it has formed two new subsidiaries in Europe to trade its Texas Crude and Condensate and products throughout Europe.

Global News

Missile Attack on Saudi Distribution Plant Has Little Impact   Iran-aligned Houthi forces fired a missile that struck Aramco’s North Jeddah Bulk Plant, authorities said, but Saudi Aramco said its domestic fuel supplies were not affected.    Abdullah al-Ghamdi, manager of the North Jeddah plant, sa..

Report Indicates Germany's Bilfinger Drops Out of Nord Stream 2 Project

The news comes as the U.S. Treasury Department on Tuesday slapped sanctions on a vessel helping to build the pipeline to take Russian natural gas to Europe via Germany.

Russia’s Gazprom Acknowledges Risks About Nord Stream 2 Project

It is not immediately clear how Russian gas producer Gazprom plans to complete construction. Should Nord Stream 2 be suspended or cancelled, Gazprom may face financial claims from contractors, it said in a prospectus.

Germany Responds to U.S. Decision to Sanction Russian Vessel Involved in Nord Stream 2

The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany.

Zurich Insurance Reportedly Dropping Out of Nord Stream 2 Project

Zurich Insurance Group will drop out of Russia's Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two sources familiar with the situation said.

Nord Stream 2 Resuming Work in Danish Waters This Week, TASS reports

Russia said on Wednesday it was confident of completing the project, although two sources said the U.S. State Department had this month told European companies suspected of helping to build the pipeline that they faced possible sanctions.

U.S. State Department Warns of Sanctions Risk on Nord Stream 2 Pipeline

The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions.

German Orgs Plan Pipeline Infrastructure to Cut Steel Plant Emissions

The idea is for OGE and Equinor to supply initially gas and then hydrogen to Thyssenkrupp steel plant via pipelines, and transport CO2 sequestered from the steelmaking process away to storage underneath the Dutch or Norwegian North Sea via pipelines or ships.

No injuries or interruption after Ukraine pipeline explosion

The accident occurred at a section of the Urengoy-Pomary-Uzhgorod gas pipeline in the Poltava region, the Ukrainian Gas Transportation System Operator said.

German State to Create Foundation to Facilitate Nord Stream 2 Pipeline Completion

Mecklenburg-Vorpommern plans to set up a foundation to facilitate the completion of Nord Stream 2 pipeline, which will bring Russian gas to Germany.

Croatia Kicks Off LNG Terminal in North Adriatic

Croatia's LNG terminal on the northern Adriatic island of Krk began operations amid the first delivery of gas, said the company which runs the unit.

Nord Stream 2 Completes Section in German Waters

The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 1.6-mile (2.6-km) portion of the pipeline, which had been stalled by the threat of U.S. sanctions.

US Preparing New Sanctions to Impede Nord Stream 2 Pipeline

The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday.

North Sea Could Shift from Oil Reservoir to CO2 Storage - Total CEO

The North Sea could be switched from a depleting oil and gas basin to a site for storing carbon dioxide under the seabed, Total CEO Patrick Pouyanne said on Tuesday.

EU Proposes Funding Shift Away From Natural Gas

The European Commission on Tuesday proposed rules to restrict funding for natural gas projects and instead funnel cash into low-carbon technologies to meet climate goals.

Britain to End State Support for Fossil Fuel Sector Exports

Britain said it is ending state support for fossil fuel industry exports, and shifting government assistance to low-carbon and renewable energy projects abroad.

Eni Looking to Sell Assets in Pakistan - Sources

Italian energy group Eni is looking to sell assets in Pakistan as part of moves to refocus its oil and gas portfolio following a strategic re-shake this year, sources close to the matter said.

EU Leaders Clinch Deal on Tougher 2030 Climate Goal

European Union countries agreed to a new climate change target for the bloc on Friday after haggling through the night in Brussels, pulling the political trigger on a policy revamp to make every sector greener.

Why Green Hydrogen is Getting its Day in the Sun

Hydrogen has taken off this year as the future green fuel of choice, with governments and businesses betting big that the universe's most abundant element can help fight climate change.

Russia Restarts Nord Stream 2 Pipeline Construction Despite U.S. Sanctions

Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions.

EU May Restrict Support for Natural Gas Projects, Citing Climate Goals

The European Union is planning to restrict its funding for natural gas projects because of the risk they pose to the bloc's climate goals, according to draft rules seen by Reuters.

Trans Adriatic Pipeline Explores Feasibility of Blending Hydrogen

Developers of the Trans Adriatic Pipeline (TAP) have started feasibility studies on blending hydrogen with the natural gas the pipeline will bring in from Azerbaijan, the TAP head said.