2020-12-03 11:50:00
RUSSIA'S GAS FOR GERMANY
PLATTS - 02 Dec 2020 - Gazprom Export has begun to supply gas to the trading arm of Austria's OMV for delivery into the German market under a new long-term contract, the Russian company said Dec. 2.
OMV already has a long-term Russian gas import contract with Gazprom for 6 Bcm/year for deliveries to Austria that is set to run until 2040.
The new agreement for Russian gas supply into Germany was signed at the end of October, Gazprom Export said in a short statement.
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Earlier:
2020, November, 30, 11:50:00
NORD STREAM 2 RESUMPTION
Construction work on the Nord Stream 2 gas pipeline in the Baltic Sea will resume this week, despite U.S. sanctions designed to end the pipeline that will bring Russian gas to Germany.
2020, November, 27, 11:45:00
NORD STREAM 2 SANCTIONS
The DNV GL spokesman said: "Under these new guidelines, we find DNV GL's verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable."
2020, November, 26, 12:15:00
RUSSIAN GAZPROM'S BENEFIT
"The macroeconomic situation has had a negative impact on the long-term development prospects of the LNG industry," Gazprom said, adding that so far in 2020 only one final investment decision had been made for a new LNG production project.
2020, November, 24, 12:35:00
NORD STREAM 2 WILL BE COMPLETED
Wintershall Dea is one of five European energy companies -- along with France's Engie, Austria 's OMV, Anglo-Dutch Shell and Germany's Uniper -- that have co-financed the project, each committing to invest Eur950 million.
2020, November, 12, 13:55:00
NORD STREAM 2 SANCTIONS ANEW
Gazprom and Germany say Nord Stream 2 is purely a commercial project. Gas demand in Germany is growing as it cuts dependence on nuclear and coal power.
2020, November, 10, 11:25:00
NORD STREAM 2 AGAINST PENALTY $7.7 BLN
UOKiK on Oct. 7 imposed a fine of more than Zloty 29 billion ($7.62 billion, Eur6.48 billion) on Russian gas giant Gazprom for building Nord Stream 2 without its approval, as well as a fine totaling Zloty 234 million on five European companies that helped finance the project.
2020, November, 10, 11:20:00
GERMANY WITHOUT NORD STREAM 2
The almost complete Nord Stream 2 was meant to come online at the end of 2019, but the threat of US sanctions against companies working on laying the pipeline saw main contractor Allseas halt work in December last year.
Chronicle:
2021, January, 20, 14:24:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
2021, January, 20, 14:20:00
UAE HYDROGEN ENERGY
Abu Dhabi National Oil Co (Adnoc) formed an alliance with Mubadala Investment Co and ADQ to produce hydrogen from renewable energy, known as green hydrogen,
2021, January, 20, 14:15:00
SOLAR MARKET EXPANDING
The expanding solar market could also provide a needed source of employment for the recession-stricken nation. Renewable energy employs 11.5 million people worldwide, and solar power accounts for 33% of that
2021, January, 20, 14:10:00
TOTAL SUBORDINATED BONDS €3 BLN
Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion
2021, January, 19, 14:00:00
OIL PRICE: ABOVE $55 YET
Brent rose 46 cents to $55.21 a barrel. WTI was at $52.40 a barrel, up 4 cents.
2021, January, 19, 13:55:00
GLOBAL INDEXES UP ANEW
S&P 500 futures rising 0.6% and Nasdaq futures up 0.9% after the long holiday weekend.
2021, January, 19, 13:50:00
EU GAS MARKETS ARE CHANGING
The European Commission is planning to issue new proposals for gas legislation in the last quarter of 2021. EU gas markets are on the cusp of dramatic changes.