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Regulation & Policy

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Restart of Freeport LNG’s Texas facility on hold until late January 2023
Regulation & Policy

Restart of Freeport LNG’s Texas facility on hold until late January 2023

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

about 3 years ago
FORWARD2030 project illustration (Courtesy of Laborelec)
Regulation & Policy

Final battery order placed for tide-turning FORWARD2030 project

Engie’s Laborelec has placed the final order for a storage solution to Entech Smart Energies as part of the FORWARD2030 project, whose aim is to develop a multi-vector energy system and further advance floating tidal energy technology.

about 3 years ago
BP secures 20-year production sharing contract extension for Indonesian LNG project
Regulation & Policy

BP secures 20-year production sharing contract extension for Indonesian LNG project

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

about 3 years ago
Minesto's Dragon 4 tidal energy device (Courtesy of Minesto)
Regulation & Policy

Minesto sets up O&M hub with port access for large-scale tidal power buildout

Swedish tidal energy company Minesto has signed a long-term lease agreement for strategic port access and onshore operations and maintenance (O&M) work site in the Faroe Islands.

about 3 years ago
Two gas traders fined €4.8 million for failing to comply with LNG unloading programs in Spain
Regulation & Policy

Two gas traders fined €4.8 million for failing to comply with LNG unloading programs in Spain

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

about 3 years ago
EHB studies future demand and supply of hydrogen in Europe
Regulation & Policy

New chairwomen of EHB consortium come from Gasgrid and Enagas

Sara Kärki from transmission system operator (TSO) Gasgrid Finland and Maria Sicilia from TSO Enagás are the two new chairwomen of the European Hydrogen Backbone (EHB) consortium. “Hydrogen is a key technology for diversifying energy supply, improving energy security and resilience of the European e

about 3 years ago
Sempra secures licenses to export LNG from two projects in Mexico
Regulation & Policy

Sempra secures licenses to export LNG from two projects in Mexico

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

about 3 years ago
Nigeria plans bidding round for 7 deepwater offshore blocks
Regulation & Policy

Nigeria plans bidding round for 7 deepwater offshore blocks

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

about 3 years ago
Shell suspends production at Prelude FLNG after fire breaks out
Regulation & Policy

Shell suspends production at Prelude FLNG after fire breaks out

Oil and gas giant Shell has shut down production at its Prelude floating liquefied natural gas (FLNG) facility offshore Australia after a fire broke out on 21 December. “On Wednesday 21 December at 16:25 AWST, there was a small fire detected on board Prelude in a turbine enclosure. The fire was quic

about 3 years ago
Waves4Power's WaveEL wave energy device (Photograph courtesy of Waves4Power AB, Sweden)
Regulation & Policy

Swedish company eyes funding as it targets global wave energy opportunities

Swedish company Waves4Power has opened an equity funding round, looking to secure $25 million, that will support its efforts to unlock opportunities for wave energy developments across the globe.

about 3 years ago
OMV and partners to invest €872 million in new Norwegian gas field
Regulation & Policy

Norwegians to invest €872 million in new gas field

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

about 3 years ago
EC approves €40 billion German measures to recapitalise two energy companies in context of Russia’s war against Ukraine
Regulation & Policy

EC approves €40 billion German measures to recapitalise two energy companies in context of Russia’s war against Ukraine

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

about 3 years ago
NGO
Regulation & Policy

EU axes two Turkish yards from approved shipbreaking list

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

about 3 years ago
Containership
Regulation & Policy

MSC Resilient III crew member dies following onboard incident in Bluff, New Zealand

A crew member of MSC Resilient III, a sub-Panamax containership, has died following an onboard incident earlier today while the vessel was undergoing cargo operations in South Port in Bluff, New Zealand. The incident was confirmed by the Maritime Union of New Zealand adding that the emergency servic

about 3 years ago
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