EU committees vote against gas and nuclear in green taxonomy
France – MEPs from the two responsible committees objected to nuclear and gas being included in the list of environmentally sustainable economic activities.
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Tag: gas
Dutch offshore wind-powered gas platform approved
The Netherlands – The Dutch Ministry of Economic Affairs and Climate has given ONE-Dyas permission to develop a gas field whose platform will be powered entirely by electricity generated by the Riffgat offshore wind farm in the German North Sea.
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Russia to cease gas supply to The Netherlands
The Netherlands – GasTerra, a Dutch gas trader, has refused to acknowledge Gazprom’s one-sided payment requirements.
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Norway takes steps to meet Europe’s gas supply demand
Norway – Equinor and its partners, as well as the Norwegian government, are taking new steps to meet Europe’s growing demand for gas supply.
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Europe boosting sustainable energy to reduce dependence on Russian gas
Belgium – In light of Russia’s invasion of Ukraine, the European Commission has proposed an outline of a plan to make Europe independent from Russian fossil fuels by 2030, starting with gas.
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Another European major withdraws Nord Stream 2 financing
Russia – Wintershall Dea has decided not to pursue or implement any additional gas and oil production projects in Russia, and has written off its Nord Stream 2 financing of approximately EUR 1 billion.
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German coal and gas ambition must be maintained across Europe
Germany – The German coalition agreement is a defining moment for the European Union’s climate policies and goals, but ambition must be maintained.
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INEOS Energy sells Norwegian oil and gas business for $615M to PGNiG
United Kingdom – INEOS Energy completed the sale of its oil and gas business in Norway to PGNiG Upstream Norway AS for $615 million. The agreement covers all of INEOS Oil & Gas’s holdings on the Norwegian continental shelf, including production, permits, fields, facilities, and pipelines, and takes effect on 1 January 2021. INEOS E&P […]
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VTTI acquires bio-energy project
The Netherlands – Storage provider VTTI announced its acquisition of a bioenergy project from Re-N Technology Group. Following the acquisition VTTI will construct a new state-of-the-art bioenergy facility of industrial scale and is foreseen to be commissioned in the third quarter of 2023.
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Strong rebound natural gas demand in 2021
Natural gas demand is set to rebound strongly in 2021 and will keep rising further if governments do not implement strong policies to move the world onto a path towards net-zero emissions by mid-century, according to a new report by the International Energy Agency.
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