Acorn backers explore route to ship and store CO2 with Uniper
Developers of the Acorn CCS project have signed a deal with Uniper that could see emissions from a UK power station captured and shipped north for storage.
Uniper
Europe needs more LNG to ease tight market, Uniper CEO says
“The ultimate goal is to get off gas and move to hydrogen,” Lewis said. He noted that Europe’s gas demand remains uncertain in the short term.
Germany seeks to lock In LNG supply to avoid trader diversions
Germany wants to lock in contracts for liquefied natural gas with a delivery obligation, an effort to deter profit-chasing traders from diverting shipments elsewhere as the nation boosts its commitment to the fuel.
Equinor board member to step down after taking top job at Uniper
Equnior board member, Michael Lewis, will step down from his position this week after accepting the chief executive job at German energy company Uniper.
Spain’s Enagas buys into key UK-Dutch gas pipeline
Enagas is to acquire a 20% stake in the Dutch BBL Company, which operates a 150-mile gas interconnection linking the UK and the Netherlands.
Germany welcomes first LNG cargo, as FSRUs kick in
Germany has reduced its imports of Russian energy to zero and imported its first full cargo of LNG to Uniper’s new terminal at Wilhelmshaven.
Germany takes over Uniper as FSRU starts up
Germany agreed to reduce its stake in Uniper to 25% plus one share by 2028 at the latest.
NewMed signs up to supply Uniper with Israeli LNG
NewMed Energy has signed a non-binding memorandum of understanding (MoU) to supply natural gas, and develop blue hydrogen, for delivery into Europe with Uniper.
Uniper posts €40 billion loss as Russia throttles gas supply
Uniper reported one of the biggest losses in German corporate history, with Russia’s stranglehold on gas supplies leaving the giant utility struggling to survive.
OQ emissions rise, but with aims for change at Block 60
Oman’s OQ has set out a number of stratagems for the energy transition, but for 2021 emissions increased.
Germany nationalises gas giant Uniper to avert winter energy collapse
Germany will nationalise Uniper in a historic move to rescue the country’s largest gas importer and avert a collapse of the energy sector in Europe’s biggest economy this winter.
Germany considers nationalising Uniper
Talks are under way over Germany buying a major stake in Uniper, amid “increased uncertainties”, the company has said.
Woodside to supply LNG to Europe in Uniper deal
Australia’s Woodside Energy (ASX:WDS) will supply liquefied natural gas (LNG) from its global portfolio to Europe, including Germany, starting in January 2023 after signing a flexible long-term deal with Uniper.
JERA, Uniper target LNG supplies, then ammonia
Japan’s JERA and Germany’s Uniper have teamed up to back an ammonia project in the US Gulf Coast, with a focus on exports to Germany. In the near term, it should also secure new LNG supplies.
German-Canada hydrogen plans set the marker for progress
Germany has been on the hunt for new LNG supplies in order to stave off the near term crisis of stuttering Russian gas supplies. Chancellor Olaf Scholz’s visit to Canada did not come through on the LNG front, but he did seal an ambitious deal on hydrogen.
Uniper posts mega loss on Russian gas squeeze
Uniper has been hard hit by reduced Russian gas deliveries, posting major losses and with better times only coming in 2024, it has said.
Political will and Europe’s energy security challenge
European energy security faces a seemingly impossible task of meeting short-term demand with longer-term decarbonisation. Society does not have the luxury of declaring this to be impossible, though, so must take steps now to meet the challenges.
Germany bails out Uniper with multi-billion euro package
Germany has agreed to buy a stake in Uniper and also provide multi-billion euro in various instruments.
Uniper hits cash crunch, calls for German government assistance
Uniper has retracted its financial guidance for 2022 as spiralling gas prices have driven it to seek support from the German government.
Wilhelmshaven takes centre stage for LNG imports and more
Germany has officially launched construction of an LNG terminal at Wilhelmshaven, while signing up preliminary agreements for four FSRUs.
Uniper takes big hit with eyes on gas storage prize
Uniper has warned a “significant earnings decline” for the first quarter as it shifts its strategy to releasing gas later in the year.
Shell and Uniper agree to progress blue hydrogen production facility in UK
Shell (LON: SHEL) has penned a co-operation agreement with Uniper (ETR: UN01) to progress plans for low-carbon hydrogen production in the UK.
UK coal-power generation rises to one-month high as wind fades
UK coal-fired power generation jumped to the highest in a month, with wind generation slumping just as morning demand picked up.
Plans for green hydrogen facility at Flotta terminal could yield hundreds of jobs
Hundreds of jobs could be created in Orkney as part of ambitious plans to create a green hydrogen hub on the island.
Petrofac eyes Russian expansion via Gazprom deal
Petrofac has signed up to a strategic partnership with Gazprom, with the aim of establishing itself in Russia.