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G7 backs liquified gas as ‘temporary’ solution, to dismay of climate activists
The Group of Seven rich nations put support for gas investments back into their communiqué on Saturday (20 May), calling it a “temporary” step as they try to de-couple from Russian energy, in a move climate activists say may hurt climate goals.
read more... 22/05/2023
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Equinor, Shell and Exxon agree LNG project with Tanzania
Equinor , Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the East African country, the two sides said on Friday.
read more... 22/05/2023
EU matches 10.9bcm in first round of joint gas sales
The EU’s new joint gas buying platform has matched 10.9bcm of sales offers with potential buyers in its first tendering round, European Commission vice-president Maros Sefcovic said on Tuesday.
read more... 17/05/2023
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EU watchdog sees concentration, liquidity risks in gas derivatives
Europe's $4.5 trillion natural gas derivatives market has become less transparent since Russia's invasion of Ukraine and faces risks due to a small number of market players and low liquidity, the European Union's securities watchdog said on Friday.
read more... 15/05/2023
EU launches first round of tenders to jointly buy gas
The European Commission on Wednesday (10 May) launched the first round of tenders for gas sellers to link with EU buyers on the joint gas purchasing platform to help maintain security of supply and tackle high energy prices.
read more... 11/05/2023