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TotalEnergies is embarking on the construction of a major gas plant in Papua New Guinea, despite delays caused by the pandemic and the renegotiation of the contract by the local government.
TotalEnergies is embarking on the construction of a major gas plant in Papua New Guinea, despite delays caused by the pandemic and the renegotiation of the contract by the local government.
The Italian subcontractor Saipem, in charge of the development of the gas project in northern Mozambique for TotalEnergies, expects a possible resumption of operations as early as July despite the jihadist violence that has hit the region.
The Italian subcontractor Saipem, in charge of the development of the gas project in northern Mozambique for TotalEnergies, expects a possible resumption of operations as early as July despite the jihadist violence that has hit the region.
Pemex, Mexico's state-owned oil company, is breaking its promise to stop flaring gas at Ixachi in the state of Veracruz. Satellite data and a visit by journalists to the site revealed an increase in flaring, emitting harmful greenhouse gases and wasting a valuable resource.
Pemex, Mexico's state-owned oil company, is breaking its promise to stop flaring gas at Ixachi in the state of Veracruz. Satellite data and a visit by journalists to the site revealed an increase in flaring, emitting harmful greenhouse gases and wasting a valuable resource.
European imports of liquefied natural gas increased by 63% in 2022, according to an IEA report. This increase is due to the drying up of Russian pipelines and has led the global LNG market to double in value, reaching a record $450 billion.
European imports of liquefied natural gas increased by 63% in 2022, according to an IEA report. This increase is due to the drying up of Russian pipelines and has led the global LNG market to double in value, reaching a record $450 billion.
Copenhagen Infrastructure Partners has announced the acquisition of the Envo Biogas project in Tønder, Denmark, from Anaergia. This transaction marks the first investment by CI Advanced Bioenergy Fund I in the development of projects across Europe and North America that produce green gas and green fuels from organic waste.
Copenhagen Infrastructure Partners has announced the acquisition of the Envo Biogas project in Tønder, Denmark, from Anaergia. This transaction marks the first investment by CI Advanced Bioenergy Fund I in the development of projects across Europe and North America that produce green gas and green fuels from organic waste.
Spanish group Enagas saw its profits fall in 2022 to 375.8 million euros, despite increased gas exports via France and the Iberian peninsula. It has suffered the impact of a new regulatory framework that has reduced its margins in the domestic market. In addition, the Group benefited from asset sales to offset losses.
Spanish group Enagas saw its profits fall in 2022 to 375.8 million euros, despite increased gas exports via France and the Iberian peninsula. It has suffered the impact of a new regulatory framework that has reduced its margins in the domestic market. In addition, the Group benefited from asset sales to offset losses.
The Russian gas giant Gazprom, targeted by international sanctions for the past year, has been at the center of criticism from President Vladimir Putin, who denounced "direct attempts" by the West to "hinder the development" of the company. Despite a 25.1% drop in its gas exports in 2022, Gazprom has launched new projects to cope with the situation, in particular by turning to Asia where energy demand is strong.
The Russian gas giant Gazprom, targeted by international sanctions for the past year, has been at the center of criticism from President Vladimir Putin, who denounced "direct attempts" by the West to "hinder the development" of the company. Despite a 25.1% drop in its gas exports in 2022, Gazprom has launched new projects to cope with the situation, in particular by turning to Asia where energy demand is strong.
Gas prices on the European market are falling for the first time since September 2021, reaching just under 50 euros per megawatt hour on Friday. Fears of winter shortages due to Europe's dependence on Russia as an energy supplier have abated. This price decline is due to abnormally high temperatures and limited competition for liquid natural gas.
Gas prices on the European market are falling for the first time since September 2021, reaching just under 50 euros per megawatt hour on Friday. Fears of winter shortages due to Europe's dependence on Russia as an energy supplier have abated. This price decline is due to abnormally high temperatures and limited competition for liquid natural gas.
Athens and Sofia on Thursday entered into an energy alliance to diversify energy supply sources, after talks initiated by Greek Prime Minister Kyriakos Mitsotakis. The two countries are signing agreements today concerning, among other things, the storage of natural gas and the construction of a new oil pipeline.
Athens and Sofia on Thursday entered into an energy alliance to diversify energy supply sources, after talks initiated by Greek Prime Minister Kyriakos Mitsotakis. The two countries are signing agreements today concerning, among other things, the storage of natural gas and the construction of a new oil pipeline.
Aksa Energy has selected GE's gas turbine technology for its new combined heat and power plant in Kyzylorda, as part of its energy transition to low-carbon technologies and Kazakhstan's net zero carbon goal. This partnership will help modernize the country's aging power infrastructure and meet the growing demand for reliable and flexible electricity.
Aksa Energy has selected GE's gas turbine technology for its new combined heat and power plant in Kyzylorda, as part of its energy transition to low-carbon technologies and Kazakhstan's net zero carbon goal. This partnership will help modernize the country's aging power infrastructure and meet the growing demand for reliable and flexible electricity.