Tag Archives: Europe

The United States became the first largest supplier of liquefied natural gas (LNG) to the European market in the first quarter of 2021, overtaking Qatar, according to the latest report by Russia’s energy giant Gazprom published on Monday. “Thanks to a significant increase in associated gas production and the construction …

Hydrogen, produced without carbon emissions, will find use in many sectors of a future ‘hydrogen economy.’ Its high energy intensity can make it the basis of fuels that reduce carbon emissions in the ‘hard to abate’ transportation and industrial sectors. Its unmatched capacity to store energy long term and seasonally …

The European Parliament suggests halting oil and gas purchases from Russia and disconnecting it from SWIFT in case of “invasion in Ukraine.” Such statements are contained in the final draft resolution on Russia posted by the European Parliament on Thursday. The European Parliament “underscores if such a military build-up were …

Europe’s largest oil and gas companies are leaving US rivals further and further behind in the race to cut their reliance on fossil-fuel sales. Total SE, Galp Energia SGPS SA, Equinor ASA, Royal Dutch Shell Plc and Eni SpA are leading the pack, while Exxon Mobil Corp and Chevron Corp …

With oil prices making steady gains earlier this year, OPEC and other producers had hoped to ease output cuts, but industry sources say a fresh wave of lockdowns around the world threatens to tear up those plans. The OPEC+ group of producers, which are holding back millions of barrels of …

Most of Europe’s natural gas industry has announced an ambition to become climate neutral by mid-century at the latest. But a study shows how difficult it will be to turn the goals into reality. A survey of companies revealed none could definitively measure their methane emissions, relying instead on estimates, …

Royal Dutch Shell and Russian state-controlled oil and gas company Gazprom concluded the first carbon-neutral LNG delivery in Europe, they said. It was also Gazprom’s first foray into the emerging carbon-neutral LNG segment. The LNG was delivered to Shell’s Dragon LNG import terminal at Waterston, Wales. The move follows various …

Russian energy giant Gazprom said on Monday it had delivered its first carbon-neutral shipment of liquefied natural gas (LNG) to Europe. Gazprom said its shipment of Russian LNG, which it said was made carbon neutral by offsetting emissions resulting from its production and transport, had been delivered to Royal Dutch …

Wind power produced 21.9% of the country’s electricity consumed last year.

Oil demand may never recover from the blow dealt to it by Covid-19, according to BP’s 2020 Energy Outlook. In two of the report’s three modelled scenarios, ambitious climate policies mean that global oil consumption already peaked at 100m barrels per day in 2019. Even under a “business-as-usual” case, demand …