Everyone may be back to watching the daily number of coronavirus cases as the omicron variant spreads through Europe, but the energy market is focusing on a more traditional gauge of worry: the temperature. Prices soared to new records this week because of the…
Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have fell again on the 19th December after rising briefly from the previous day’s levels, data from German network operator Gascade showed. By midday, flows at the Mallnow metering point on the German-Polish border were down to an hourly…
China ramped up its buying of cheap Iranian crude last month after independent refiners were granted additional import quotas for 2021. The nation imported almost 18 million barrels in November, equivalent to about 600,000 barrels a day, according to market intelligence firm Kpler. That’s…
Norwegian oilfield services provider Aker Solutions and its compatriot AF Gruppen have terminated their previously announced process to merge the two companies’ existing offshore decommissioning operations. In a statement released on the 17th December, the two companies said that, although the strategic rationale is…
DEME Offshore has won an EPCI contract for the inter-array cables for the 1.2-GW Dogger Bank C wind farm in the UK North Sea. Dogger Bank C is the third phase of the 3.6-GW Dogger Bank wind farm, which is currently the world’s largest…
Rolls-Royce will ensure a climate-neutral energy supply at the container terminal currently under construction at the Port of Duisburg. Rolls-Royce’s Power Systems business unit is supplying its latest mtu hydrogen technology for this purpose, to supply the future terminal with electrical energy and heat…
The German energy regulator’s eagerly-awaited decision on fully certifying the Nord Stream 2 gas pipeline won’t come in the first half of next year, it said on the 16th December, in a setback for the Russian project which has sparked global political tensions. “There will be no…
Lloyd’s Insurance Company appoints de Calbiac as Luxembourg representative Lloyd’s European subsidiary Lloyd’s Insurance Company has appointed Martial de Calbiac as general representative for Luxembourg.
Trucks in Germany could soon be running on fuel that’s made partly from manure at one of Europe’s biggest oil refineries. Royal Dutch Shell Plc is aiming to produce liquefied natural gas with a bio-component for use in heavy vehicles within about two years….
Oil major BP is increasing its stake in a field located on the UKCS through a deal signed with Viaro Energy’s subsidiary, RockRose Energy, which is looking to divest itself of its non-operated interest in this field to pursue further growth in the UK offshore…
