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Europe
Liquefied Natural Gas , Policy & Regulations , International
Chesapeake CEO, Commonwealth LNG Chair Say Europe Must Prepare for Next Winter
In 2022, Europe raced to fill gas storage with LNG imports; now its focus must turn to next year’s winter, top executives at Commonwealth LNG and Chesapeake Energy said Feb. 1 during a panel discussion at the NAPE summit in Houston.
February 2, 2023
Natural Gas
EU Must Extend Gas Demand Curbs to Prepare for Next Winter
Policymakers should underpin future demand reduction targets by encouraging a structural shift away from gas, says Bruegel.
February 2, 2023
Crude Oil , Policy & Regulations
TotalEnergies, Iraq See Further Delays to $27 Billion Energy Deal
Amid differences with Baghdad, TotalEnergies has asked its foreign employees in Iraq to leave the country and local staff to work from home.
February 2, 2023
Markets , Liquefied Natural Gas , Natural Gas
European Gas Prices Mixed on Cold Weather Forecast, Strong LNG Flows
British and Dutch wholesale gas prices were mixed on Feb. 2 on cold weather forecasts, reduction in gas storage and Norway outage, although strong flows of LNG were lending some support.
February 2, 2023
Energy Transition , Pipelines
EU Funds Could Finance 30%-50% of France-Spain Hydrogen Pipeline: Enagás CEO
Spain and France have agreed to explore the possibility to build a pipeline to ship green hydrogen between Barcelona and Marseille.
February 2, 2023
Earnings , Liquefied Natural Gas , Crude Oil , Energy Transition
Shell 2022 Profit More Than Doubles To Record $40 Billion
The British company's record earnings, which more than doubled from a year earlier, mirror those reported by U.S. rivals earlier this week and are certain to intensify pressure on governments to further raise taxes on the sector.
February 2, 2023
Policy & Regulations , Energy Transition
Activist Group Accuses Shell of Misleading Investors on Renewables
Like other leading European energy companies, Shell is aiming for rapid expansion of its low-carbon and renewables business as part of efforts to reduce greenhouse gas emissions over the coming decades.
February 1, 2023
Natural Gas , Crude Oil , International , Energy Transition
BP: Ukraine War Likely to Speed Decline in Fossil Fuel Use
The fallout from Russia’s invasion of Ukraine includes a global movement away from imported fossil fuels toward domestically produced renewables, BP said in its annual Energy Outlook.
February 1, 2023
Liquefied Natural Gas , Exports
Russia Boosts LNG Exports to Europe by 20% in 2022
According to Refinitiv data, Russian gas exports to Europe dropped to a new post-Soviet low in 2022, but its total LNG exports rose to approximately 33 million tonnes, with more than half of it going to Europe.
January 31, 2023
Investment , Energy Transition
UniCredit Sets Emission Goals for Carbon Intensive Sectors
UniCredit will strengthen its advisory services for companies in carbon-intensive sectors, as well as boost sustainable lending.
January 31, 2023