Europe

Nordics, Baltics Tighten Security at Energy Installations After Baltic Sea Pipe Burst

Norway and Lithuania tightened security at onshore energy installations following Sunday's gas pipeline gas leak in the Baltic Sea, while Finland recommended energy operators to be more aware of security.

Orlen Takes Over Polish Segment of Yamal Gas Pipeline, Reducing Gazprom Stake

Orlen is taking over the Polish section of the Yamal gas pipeline, the state-controlled refiner said on Tuesday, meaning Russia's Gazprom will no longer have a stake.

Eni and Partners to Decide on Mozambique LNG Investment by Mid-2024

Italy's Eni SpA hopes to reach a final investment decision on its second floating LNG project in Mozambique by the end of June next year, two sources directly involved with the project said on Tuesday.

'Outside Activity' Likely Damaged Gas Pipeline, Telecoms Cable, Finland Says

A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in what may have been a deliberate act, the Finnish government said on Tuesday.

Explainer: What Is Stopping the Iraq-Turkey Oil Pipeline Restarting?

A crude oil export pipeline from Iraq to Turkey is ready to resume operations, which have been suspended for the past six months, but flows have yet to restart.

Repairing Finland-Estonia Gas Pipeline May Take Months, Operator Says

Repairing a subsea gas pipeline connecting Finland and Estonia that was shut on Sunday due to a suspected leak could take months or more if a puncture is confirmed, Finnish gas system operator Gasgrid said.

Iraq Awaits Formal Notification from Turkey on Oil Pipeline, Baghdad Says

Iraq has not received formal notification from Turkey on whether the oil exports pipeline is ready to begin operations, two senior Iraqi oil officials said on Sunday.

Gas Pipeline Between Finland and Estonia Shut After Suspected Leak

A subsea gas pipeline connecting Finland and Estonia was shut early on Sunday after an unusual drop in pressure probably caused by a leak, Finnish gas system company Gasgrid and Estonian operator Elering said.

UAE's ADNOC Awards $17 Billion of Contracts for Gas Project, Including Subsea Pipelines

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had awarded contracts worth about $16.94 billion for a gas project that aims to operate with net zero carbon dioxide emissions, adding it would be the first in the world to do so.

Trafigura Secures $400 Million Loan Facility to Purchase LNG from US Exporters

Commodity trader Trafigura on Wednesday said it has secured two revolving credit facilities totaling $400 million, supported by insurance from the Export-Import Bank of the United States.

Exxon Mobil to Sell Majority Stake in Italy LNG Terminal to BlackRock

Exxon Mobil Corp. chose BlackRock as the potential buyer for its majority stake in Italy's main LNG import terminal, the U.S. oil producer said in a statement.

Global News September 2023

Latest industry developments from around the world!

Turkey to Resume Operations of Iraq Oil Pipeline This Week

Turkey will restart operations this week on a crude oil pipeline from Iraq that has been suspended for about six months, Turkey's Energy Minister Alparslan Bayraktar said on Monday.

Oil Pipeline Rupture in Western Ukraine Injures Nine, Triggers Fire

An oil pipeline ruptured in western Ukraine on Saturday, injuring nine people, including four children, and triggering a large fire, the regional governor said.

Turkey's BOTAS to Supply 2 Million Cubic Meters of Gas to Moldova Starting in October

Turkey's state gas grid operator BOTAS said on Thursday it had signed a deal to supply Moldova with 2 million cubic meters of natural gas per day from October, in the second such agreement announced by the operator in as many days.

CEPS Secures Deal for Net4Gas; Adds 2,485 Miles of Gas Pipelines to Portfolio

The Czech government approved a plan for state-controlled electricity transmission grid operator CEPS to acquire natural gas transmission system operator Net4Gas, which operates nearly 4,000 km (2,485 miles) of pipelines shipping gas to and from Germany and Slovakia and for domestic consumption.

Norway's Equinor Signs 5-Year Gas Supply Deal with Austria's OMV

Norwegian energy group Equinor has signed a five-year agreement to supply gas to Austria's OMV as part of the latter's supply diversification strategy, the companies said on Wednesday.

Italy in Talks with Bavaria for Gas and Hydrogen Exports

Italy is in preliminary talks with Bavaria's government to supply gas and hydrogen to the southern German state, and also aims to sell energy to Austria and Hungary, four Italian and German industry and political sources told Reuters.

UK and Germany Sign Hydrogen Energy Collaboration Agreement

Britain said it would work closely with Germany to underpin the international trade in hydrogen under a new partnership, which the government hopes will support its net zero targets and bolster energy security.

Sources: Sinopec Buys Over 30 LNG Cargoes for Winter Demand, Trading

China's Sinopec Corp has bought more than 30 cargoes of LNG via a tender for October 2023 to the end of 2024 to cover Chinese winter demand and boost the supply pool for trading, traders said.

Explosion at Gas Pipeline Near Construction Site in Romania Kills Four

An explosion killed four people and injured five more at a gas pipeline on a motorway construction site in the eastern Romanian county of Vrancea early on Thursday, a government emergency response unit said.

Germany Expands LNG Regasification Capacity with New Terminals

A new LNG terminal at Mukran on Ruegen Island in the German Baltic Sea should be operational from the first quarter of 2024, Gascade, the pipeline firm building its onshore connection, said.

Latest Pipeline Security Initiatives Inside, Outside of NATO

(P&GJ) — Following the attack on the Nord Stream 2 Pipeline a year ago, NATO’s Secretary General Jens Stoltenberg discussed the protection of critical infrastructure with NATO’s members. He made a special point of reaching out to German leaders and to Denmark’s defense minister, since this is the country closest to the damage.

P&GJ’s Europe 500 Report of Top Pipelines

(P&GJ) — Following is a listing of some of the longest transportation routes on the continent of Europe as of July 2023. This third such report will be broken down into two sections, gas and liquids (oil and products), which will be updated in each of our September issues going forward.

Germany's SEFE Studying Hydrogen Production, WIGA Stake Hike

Nationalized German gas importer and trader SEFE on Tuesday said it was interested in clean hydrogen production under its remit to help spearhead the green energy transition.

DNO Makes Norway Gas Condensate Discovery

Norwegian oil company DNO said on Tuesday it had discovered gas condensate at its Norma prospect in the North Sea and that it would continue to drill for more resources nearby.

Greenpeace Blocks Arrival of New LNG Unit at French Port

A new LNG floating storage regasification unit (FSRU) arrived in western France on Monday morning, a TotalEnergies' spokesperson said, as activist group Greenpeace tried to prevent it from entering port.

Irish Planning Body Rejects Major LNG Terminal, Cites Climate Plan

Ireland's top planning body has refused permission for a major new LNG terminal, citing the government's greenhouse gas reduction targets, a possibly fatal blow to a project supporters say is essential to the country's energy security.

Turkish Minister: Iraq-Turkey Oil Pipeline Ready to Resume Operations Soon

Iraq's northern oil export route through Turkey will soon be ready to resume operation after checks on pipeline maintenance and repairs to flood damage, the Turkish energy minister said.

ConocoPhillips Signs 15-Year LNG Deal at Gate Terminal in Netherlands

ConocoPhillips has signed a 15-year LNG throughput deal in the Netherlands, starting in 2031, to secure additional regasification capacity in Europe.