The Portuguese energy group Galp has reached an agreement with SER Energia and Casa dos Ventos to acquire upon maturity up to 4.8 GW of solar and wind projects spread through nine Brazilian states.

"Due to the fact that the Nord Stream 2 offshore gas pipeline is currently not in use, and taking into account the implementation of gas supply for consumers in northwest Russia, Gazprom has decided to use the excess onshore gas transmission capacity of Nord Stream 2 for the development of gas supply to the regions of northwest Russia," Gazprom said in a statement.

For the year ended December 31, 2021 profit attributable to the owners of PJSC Gazprom amounted to RUB 2,093,071 million.

According to preliminary data, Gazprom produced 175.4 billion cubic meters of gas in January-April 2022. This is a decrease of 2.5 per cent (or 4.5 billion cubic meters) versus the same period of 2021.

Fennovoima's decision to end the contract is "justified and consistent", Finland's Ministry of Economic Affairs and Employment said.

Speaking about the suitability of Thorium MSRs as an energy source for maritime applications, Jan Emblemsvåg, Professor at the Norwegian University of Science and Technology noted: “MSRs have enormous potential for enabling clean shipping.

ExxonMobil holds a 30% stake in Sakhalin 1. Other partners include Rosneft with 20%, Japan's Sodeco with 30% and India's ONGC Videsh with 20%.

To win the tender for Site VI the bidding parties have to include ecological measures in their concept, whereas Site VII requires investments and innovations which are beneficial for the Dutch Energy System.

Gas distributors in Germany, Austria, Hungary and Slovakia are planning to open rouble accounts at Gazprombank in Switzerland in order to satisfy a Russian requirement for payments in its own currency

"To pay in rubles -- if this is not foreseen in the contract -- is a breach of our sanctions. We have about 97% of all contracts that explicitly stipulate payments in euros or dollars," she said.

Russia's Economy Ministry expects oil and gas production to fall this year, according to a document seen by Reuters, with gas output declining to 702.4-720.9 bcm from 763.5 bcm in 2021.

An oil price cap is one of a number of proposals being discussed as EU ambassadors prepare for talks in coming days about more sanctions on Moscow — the sixth such package since Vladimir Putin ordered the invasion of Ukraine two months ago.

Masdar and Hassan Allam Utilities have signed preliminary agreements with several parastatals in Egypt to set up a strategic platform that targets an electrolyser capacity of 4 GW in Egypt by 2030

The Swiss investment company Smartenergy and the Spanish multinational Grupo Prodiel have closed an agreement to set up Greenfield PV, a joint venture focused on developing more than 4 GW of solar PV projects in Spain.

Technip’s involvement in Arctic LNG 2 is likely to be sharply cut beyond June.