Coming on the heels of Russia's announcement that it is prepared to divert gas supplies from Europe if punitive sanctions are imposed on its economy and leaders, Luca Schieppati, the Managing Director of the 870-km long Trans-Adriatic Pipeline (TAP), said that TAP is ready to expand its capacity one year in advance if needed to meet market demand.
Energy Transfer LP, on Thursday, February 17, joined the race to build the next gas pipeline to transport natural gas from the Permian Basin—the largest shale basin in eastern New Mexico and West Texas, to export hubs located on the Gulf Coast.
In the event of war in the Ukraine and the imposition of sanctions on the Russian economy and its leaders by the United States and its NATO allies, et al., Russia would be ready to re-route gas supplies to other markets, Russian Finance Minister Anton Siluanov said this past week.
A German firm, RWE, has signed a partnership deal with Neptune Energy to establish a clean hydrogen-based demonstration project targeting an electrolyzer capacity of about 00 to 500 megawatts in the Dutch North Sea, the company said in a statement on Tuesday, February 15 explained.
Russia has agreed to a 30-year contract to supply gas to China via Power of Siberia 2, a new 2600-km pipeline originating in the Bovanenkovo and Kharasavey gas fields in Yamal, bolstering an energy alliance with Beijing amid Moscow's strained ties with the West over Ukraine and other issues.
The Israel-based award-wining deep-tech company, Prisma Photonic, announced on Wednesday, February 9, 2022, it had raised a whopping $20 million in a Series B round led by venture capital firm Insight Partners, a New York-based global private equity.
With the prospect of war looming over the European continent, the US Government has begun asking Eni, TotalEnergies and other energy companies operating in Algeria to see if more gas can be sourced from the country, sources familiar with the matter said.
Azerbaijan`s Minister of Energy, Parviz Shahbazov, and European Commissioner for Energy, Kadri Simson, have issued a joint press statement reaffirming their commitment to a strategic energy partnership between the European Union and Azerbaijan.
Carbon capture and sequestration pipelines could cause a potential risk to many US communities if carbon capture sequestration technology is widely deployed, Dan Zegart, CIC senior investigator and report author, told the Journal last week.
DESFA, the Hellenic Gas Transmission System Operator, on Thursday, February 3, awarded Corinth Pipework’s contract for the construction of a 163km long West Macedonia pipeline in Greece, the company said in a press release.
Jan Lipavsky, the Czech Foreign Minister, said yesterday that Russian President Vladimir Putin gave Europe a great Christmas gift this past year as the ongoing gas crisis showed that alternatives exist.
At the beginning of this month the United States withdrew its support for the EastMed gas pipeline, a major developmental pipeline project that would have connected significant gas deposits in the territorial waters of Cyprus, Egypt and Israel to markets in Europe. Ultimately the EastMed would have integrated these countries electricity grids with those of Europe.
Tanzania and Uganda signed a deal with French and Chinese oil firms last week, finalizing a $10 billion pipeline and drilling project. While the project supporters say the pipeline project will boost the two countries economic growth, Ugandan activists said the complaints from the families affected by the government's project hadn't been taken into consideration.
ExxonMobil Cyprus arm said Tuesday, February 1, 2022, the country could transport the vas natural gas reserves found off the east Mediterranean island nation to the markets through pipelines or as liquefied natural gas (LNG) as natural gas remains an important source of energy through 2050.
Natural gas flows from Russia to Germany via the Yamal pipeline came to a halt on Wednesday, data from the German network operator Gascade showed, dashing expectations it was about to pump gas west for the first time since December.
Gas through the Yamal pipeline, which typically flows west into Germany, has been in reverse mode, flowing east to Poland, since Dec. 21.
