Norway, Denmark award exploration licences for onshore and offshore CO2 storage
Gas Strategies
by 18479
1h ago
Norway and Denmark on Thursday awarded licences to several companies to explore for areas suitable for CO2 storage...   ..read more
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BP to buy Bunge’s stake in Brazilian biofuels JV for $1.4bn
Gas Strategies
by 18479
1h ago
BP said it will take full control of BP Bunge Bionenergia upon buying out its partner’s 50% share in the Brazilian joint venture for USD 1.4 billion ..read more
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Is the Asya Energy LNG tanker’s Red Sea crossing a safety test for future voyages?
Gas Strategies
by 18479
1h ago
For the first time in six months, an LNG carrier has sailed through a conflict-riddled Red Sea transit route – raising questions about whether further LNG shipments can be expected through the critical waterway soon.  ..read more
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How politics played a part in Energean's USD 945m asset sale to Carlyle
Gas Strategies
by 18479
1h ago
Energean's exposure to Israel coupled with mixed policy signals from European leaders concerning the future role of gas were decisive factors behind the company's decision to sell its assets in Egypt, Italy and Croatia, CEO Mathios Rigas said during a Q&A with analysts on Thursday ..read more
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Carlyle snaps up Energean’s Mediterranean assets for up to $945m
Gas Strategies
by 18479
5h ago
London and Tel Aviv-listed Energean has sold a portfolio of assets in Egypt, Italy and Croatia to investment firm Carlyle International Energy Partners for up to USD 945 million, of which USD 820 million is firm, the companies announced on Thursday ..read more
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Pricewatch l 20 June 2024 I Gas Matters Today
Gas Strategies
by 18479
5h ago
Natural gas futures in Europe continued their horizontal sawtooth patterns of the past month, with both TTF and NBP climbing for the second consecutive day but remaining rangebound. TTF was up 1.9%, from USD 10.92/MMBtu on Tuesday to USD 11.13/MMBtu on Wednesday while NBP rose by 1.8%, from USD 10.35/MMBtu to USD 10.54/MMBtu. Oil prices softened a little after their recent rally, with Brent down 0.3% to USD 85.07/barrel. Markets in the US were closed yesterday for Juneteenth National Independence Day – a public holiday that celebrates the ending of slavery in the US – so there is no data for H ..read more
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EU agrees Russia sanctions to crack down on LNG transshipments
Gas Strategies
by 18479
5h ago
The European Union has agreed on a package of sanction measures to clamp down on Russia’s shadow fleet of tankers which include LNG transshipments as part of moves to further stymie Moscow’s revenue streams ..read more
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Naturgy drawn into Spanish watchdog's antitrust probe over power market behaviour
Gas Strategies
by 18479
1d ago
Spain’s antitrust watchdog CNMC on Wednesday said it had opened an investigation into Naturgy – Spain’s largest gas company – over possible anticompetitive behaviour in the power market ..read more
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Norway allocates $113m in funding for 'green ships'
Gas Strategies
by 18479
1d ago
The project is expected to “establish demand” according to Enova, which added that for the effort to succeed, hydrogen and ammonia prices should also become competitive with traditional fuels, which its programmes aim to support ..read more
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Azerbaijan strengthens position as key European gas supplier amid rising production
Gas Strategies
by 18479
1d ago
Azerbaijan produced 20.9 Bcm of natural gas in the period January to May this year of which 11.6 bcm came from the BP-operated Shah Deniz field in the Caspian Sea, according to official data released by the energy ministry. That represented an increase of 0.7 Bcm compared with the same period last year... Pictured: Azerbaijan's energy minister Parviz Shahbazov in conversation with EU energy commisioner Kadri Simson earlier this year ..read more
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