The Danish Energy Agency has asked the Gazprom-owned developer of the planned 55 Bcm/year Nord Stream 2 gas pipeline from Russia to Germany to consider a third route option, a spokesman for the agency said
Chinese President Xi Jinping and French President Emmanuel Macron discussed common goals for nuclear power and the fight against climate change in bilateral talks held on 25 March during Xi’s three-day state visit to France. Macron's statement specifically mentioned the long-awaited project for cooperation to build a plant to reprocess China's used nuclear fuel.
EnBW on Thursday unveiled a 12-billion euro ($13.5 billion) investment plan and said it was close to acquiring French renewable group Valeco, as the German utility continues its strategy of moving away from fossil fuels.
Consolidated financial highlights Revenues: 75,672 million euros (74,639 million euros in 2017, +1.4%) EBITDA: 16,351 million euros (15,653 million euros in 2017, +4.5%) Group net income: 4,789 million euros (3,779 million euros in 2017; +26.7%)
Enel acquired 650 MW of renewable capacity from its U.S. joint venture EGPNA REP
In 2018, Hungary increased its gas imports from Gazprom by 9.3 per cent, up to 7.6 billion cubic meters. Gazprom’s gas supplies to Hungary continued to grow in early 2019. According to preliminary data, Gazprom supplied the country with 1.3 billion cubic meters of gas between January 1 and March 20, which is 12.1 per cent more than in the same period last year.
The parallel construction of the Nord Stream 2 natural gas pipeline and a sea terminal for liquefied natural gas (LNG) will reduce Germany’s dependence on individual countries for gas, economy and energy minister Peter Altmaier said
Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan and Chancellor of Austria Sebastian Kurz attended the signing ceremony of Memorandum of Understanding (MoU) between Abu Dhabi National Oil Company (ADNOC) and OMV and Borealis to explore new opportunities for collaboration in the downstream sector.
Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).
Germany's Wintershall -- which is set to complete its merger with upstream company DEA by the end of June -- plans to expand its projects in Russia, which will remain its core production region post-merger, its CEO Mario Mehren said Thursday.
The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects.
IEA - At the moment, Russia is sending record volumes to Europe while LNG utilisation rates remain relatively low. Limits to European production capacity and import infrastructure (with over half of pipelines operating at monthly peaks above 80%) may contribute to market tightness over the coming years, particularly if Asia continues to absorb the ramp up in global LNG liquefaction capacity.
In 2018, Gazprom increased gas exports to France by 5.4 per cent as compared to 2017 – up to 12.9 billion cubic meters. This upward trend has remained throughout early 2019: according to provisional estimates, Gazprom exported 2.5 billion cubic meters of gas from January 1 to March 14, 2019, showing a 1.9 per cent increase compared to the same period of 2018.
NPD - Preliminary production figures for February 2019 show an average daily production of 1 745 000 barrels of oil, NGL and condensate, which is a decrease of 75 000 barrels per day compared to January.