Economy Minister Robert Habeck said Germany has already cut its reliance on Russian oil enough to make a full embargo “manageable,” potentially laying the groundwork for a continent-wide ban that would upend the global trade in petroleum.
Europe has woken up to LNG demand as a means to provide energy security, even while such a move appears out of step with countries’ net zero commitments.
Shell has struck a memorandum of understanding (MoU) to provide LNG to the Brunsbüttel terminal in Germany.
TotalEnergies (LON:TTE) has denied charges of complicity in war crimes and signalled its determination for a “gradual suspension” of its work in Russia.
Germany has struck agreements with Adnoc on securing low-carbon test ammonia cargoes, which will play a key part in the European state’s energy transition.
QatarEnergy (QE) has held talks with German officials in preparation to begin sending LNG to the northern European country.
Sky-high oil prices and extreme volatility have exposed the fragility of the world’s dependence on fossil fuels.
On the 24th February, the first of many Russian tanks rolled into Ukraine. And as Brian Wilson noted last week, some uncomfortable realities have kicked in here and across Europe.
RWE has flagged energy security concerns as driving the need for more green business – although raising the prospect of restarting coal power plants in the near term.
Germany opposes a ban on imports of Russian oil, gas and coal, even as it underlines the urgency to reduce reliance on Moscow for energy supplies.
Germany pledged new support for liquefied natural gas (LNG) terminals, the latest sign it’s willing to retool its energy policy in the wake of Russia’s invasion of Ukraine.
It is unlikely that Europe will agree to cutting gas flows from Russia, but the invasion of Ukraine has had a clear impact on security of supply considerations.
McDermott has been handed its “largest ever” contract for renewables work, courtesy of German utilities firm TenneT.
UK energy prices will be “vulnerable” to the impacts of Russia’s threatened invasion of Ukraine, trade body Oil and Gas UK (OGUK) has warned.
Neptune Energy has kicked off production from its Adorf Z16 well in Germany.
European power climbed to a fresh record as France faces a winter supply crunch, with heavy industries forced to curb production across the region.
With winter fast approaching and a stunning energy price surge pummelling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower.
Germany has agreed to establish a green hydrogen partnership with Namibia, with seawater desalination playing a major role.
Shell, Equinor, RWE and Gasunie are to push ahead with plans for a large-scale offshore hydrogen park off the coast of Germany.
British-Dutch giant Shell has activated Europe’s largest PEM green hydrogen electrolyser at its Energy and Chemicals Park near Cologne, Germany.
German LNG Terminal will apply for permission to build an LNG terminal at the Brunsbüttel site by June 30.
Environmental group Greenpeace has apologised after a daring stunt carried out by one of its activists at the Euros injured “several” fans.
Asia is expected to dominate global new build and expansion of liquefied natural gas (LNG) regasification capacity additions. The region will contribute about 74% of total global capacity additions by 2025, according to GlobalData.
Germany’s KfW Development Bank has set out plans to fund hydrogen projects in South Africa.
Germany plans to pull forward its transition to climate neutrality by five years to 2045, responding to a legal rebuke that its current goals violate the rights of young people and children.