Trade and investment agency AICEP, an independent public entity of the government of Portugal, has awarded a Potential National Interest (PIN) status to the GreenH2Atlantic project, which is developing a 100 MW green hydrogen production unit in Sines, Portugal. Martifier Group, one of the developers
US liquefied natural gas (LNG) export company Freeport LNG has updated the timing of the initial restart of its liquefaction facility in Texas which has been shut since June. To remind, the facility has been shut down following the explosion incident that occurred on 8 June. At first, the restart of
UK-based energy giant BP and the Government of Indonesia have concluded a 20-year extension of the Tangguh production sharing contract (Tangguh PSC), enabling BP to further develop the largest gas-producing field in Indonesia. On 23 December, BP announced that the Indonesian government granted the e
Two European gas trading companies have been fined a total of €4.8 million by the Spanish National Markets and Competition Commission (CNMC) for failing to comply with the LNG unloading programs in Spanish regasification companies. On 22 December, the CNMC informed it had sanctioned RWE Supply & Tra
Sempra Infrastructure, a subsidiary of North American energy company Sempra, has received authorisation from the U.S. Department of Energy (DOE) to re-export liquefied natural gas (LNG) from two projects in Mexico. On 22 December, Sempra announced that Energía Costa Azul, S. de R.L. de C.V. (ECA LNG
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on behalf of the Federal Government, is planning to hold a mini-bid round for seven offshore blocks in order to spur new exploration and drilling activities in the country’s deep waters. The seven blocks in the Mini Bid Round cover an ar
OMV Norge and its partners have submitted the plan for development and operation (PDO) for the Berling gas field, previously known as Iris Hades, to Norway’s Ministry of Petroleum and Energy. The Berling field, which stretches across three licenses with aligned ownership interests (PL644, PL644B and
European Commission (EC) has granted approval for Germany’s aid measures to recapitalise energy companies Securing Energy for Europe (SEFE), previously known as Gazprom Germania GmbH, and Uniper in the context of Russia’s war against Ukraine. On 19 December, Uniper and the German Federal Government
Two yards from Turkey have been removed from the EU List of Ship Recycling facilities as they failed to meet the requirements of the union’s ship recycling regulation. The European Commission said that one yard failed to sufficiently protect its employees’ working conditions, and the other was de-li
On 20 December, Massachusetts Governor Charlie Baker and Lt. Governor Karyn Polito announced the award of $180 million in funding for projects supporting offshore wind development, with a part of this earmarked for Prysmian’s high-voltage cable factory in Somerset. The Massachusetts government will
European energy ministers have reached a political agreement under which the price of natural gas in the European Union will be capped in case it reaches excessive levels that do not reflect world market prices. The mechanism will be automatically activated in case the month-ahead price on the Title
Norwegian company Ocean Sun has received a grant from the Research Council of Norway to further develop its floating solar technology.
The governments of Norway and France have signed a letter of intent (LoI) to cooperate on the development and deployment of carbon capture and storage (CCS). The aim of the agreement is to promote the development of CCS by creating a framework for cooperation between the two countries to facilitate
Finland’s largest shipbuilder Meyer Turku is getting an €80 million ($85 million) financial lifeline from the Finnish government to overcome liquidity challenges caused by the ongoing geopolitical situation caused by Russia’s war in Ukraine. The European Commission approved the recapitalization meas
