European electrolysis producers aim to increase production tenfold
The 20 largest electrolysis producers in the EU have pledged to increase their production tenfold by 2025. In return, the EU Commission is promising them state aid relief and money from the EU Innovation Fund for Carbon Difference Contracts (CCfD). …
Start of construction for Wintershall-Dea's Cuxhaven hydrogen project
In Cuxhaven, gas and oil producer Wintershall Dea is building a plant to generate green hydrogen. Construction has now begun on the project, called "H2Move," which will produce enough H2 to enable emissions-neutral supply to Germany's largest oil…
China is largest LNG importer
China imported more liquefied natural gas (LNG) than any other country last year, according to a report from the U.S. Energy Information Administration. That's according to data from the Global Trade Tracker. According to the report, China's LNG…
Sale of OMV service stations in Germany completed - AVIA takes over 46 stations
Austrian energy and chemicals group OMV has completed the sale of its service station business in Germany effective May 1, 2022. In February, the German Federal Cartel Office had approved the planned acquisition of the service station network of OMV…
Graichen: "The time of cheap fossils is over".
Without cheap gas from Russia, industry may have to switch to H2 instead of natural gas as a bridging technology, emphasized Climate State Secretary Graichen at the Berlin Energy Days. "Many certainties that have applied for decades no longer apply.…
Oil industry prepares for oil embargo
The EU has presented another - the sixth - package of sanctions aimed at Russia. The most important component - in addition to the exclusion of Russia's largest bank, Sberbank, from the international banking system Swift, a ban on broadcasting by…
First pipeline between Poland and Lithuania put into service
A new operational pipeline between Poland and Lithuania is to cover 10 percent of Poland's gas demand. Russia had turned off Poland's gas tap because it was not paying its gas bill in rubles. That is why the interconnection is important, said EU…
Wintershall Dea plans H2 production and CO2 capture in Wilhelmshaven
With its BlueHyNow project, gas and oil producer Wintershall Dea wants to produce hydrogen on a large scale in Germany and store CO2 in deep geological layers under the North Sea. Production is to take place at the Wilhelmshaven site, where a…
One third of German crude oil imports came from Russia in February
Germany is in the process of reducing its energy dependence on Russia at a rapid pace, as Federal Economics Minister Robert Habeck (Greens) just said on the occasion of the second Energy Security Progress Report presented at the beginning of May. For…
Germany further reduces dependence on Russian energy
Germany's dependence on gas, coal and oil supplies from Russia continues to decline. This is the result of the second progress report on energy security in Germany, which has now been presented by Robert Habeck, Germany's Minister of Economics. With…
After supply stop for Poland: Gas now flows in west-east direction in Mallnow
Seit Mittwoch, 27. April morgens, liefert Gazprom Export kein Erdgas mehr an die polnische staatliche Gasgesellschaft PGNiG und die bulgarische Staatsgesellschaft Bulgargaz. Die Einstellung der Lieferungen war schon am Dienstag gegen 17 Uhr bekannt…
Russian gas: Von der Leyen warns against payments in rubles
In response to the cessation of gas supplies by Russia to Poland and Bulgaria, representatives of the 27 EU member states met in the Gas Coordination Group. Poland and Bulgaria will receive natural gas from their neighbors in the future, according to…
BASF discontinues business in Russia and Belarus
Chemical company BASF plans to cease its activities in Russia and Belarus by the beginning of July 2022 in response to Russia's attack on Ukraine. The company had already announced at the beginning of March that it would no longer conclude any new…
Egypt prepares hydrogen production for Europe
Masdar, the state-owned renewable energy company from the United Arab Emirates, has declared its intention to realize up to 4 GW of green hydrogen electrolyzer capacity in Egypt by 2030. Close to Europe, the country offers good conditions for…
More Austrian service stations
Not only in Germany, but also in Austria, the number of service stations open to the public has recently risen slightly, as shown by the industry data recently published by the Fachverband der Mineralölindustrie (FVMI). The association's service…
End of Russian business leads to billion-euro write-downs at Shell
Shell's announcement on March 8 that it was pulling out of its oil and gas business in Russia has led to write-downs of billions of euros at the energy company. Shell said in an updated outlook for the first quarter of 2022 that the withdrawal from…
OMV withdraws from Russia
Austrian oil, gas and chemicals group OMV has announced that it will no longer pursue investments in Russia in the future. It said the situation in Ukraine as a result of Russia's war of aggression necessitated a reassessment of its business with the…
LNG can only help to a limited extent in the current gas crisis
"If there are tough sanctions, we will try to divert LNG volumes to Europe as much as possible," Shell managers Hill and Sawan said at the recent presentation of the "Shell LNG Outlook." However, this is currently an "incredibly tight market...
LNG terminal Stade to start at the end of 2026 at the earliest
The war in Ukraine does not bode well for energy markets. In the medium term, the main aim is to reduce dependence on natural gas from Russia. Liquefied natural gas could make a contribution to this...
Russia is the most important gas supplier for Europe
Russia, Norway, the USA and Qatar were the most important gas suppliers to the 27 EU states and the UK in 2021. Russia accounts for just under 41 percent of gas imports...
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