TECHNOLOGIE & TRANSFORMATION VON FOSSILEN UND GRÜNEN ENERGIETRÄGERN TECHNOLOGY & TRANSFORMATION OF FOSSIL AND GREEN ENERGIES

DE | EN

News

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's invasion of Ukraine takes Wintershall Dea by surprise - Annual press conference canceled

The military operation of the Russian President against Ukraine has caused the oil and gas company Wintershall Dea to cancel its annual press conference, at which the company wanted to take stock of the past fiscal year, at short notice....

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...

New Head of Communications for OMV

A new head of communications will be appointed at OMV on April 1, 2022. As Senior Vice President, Sylvia Shin will then be responsible for communications at the Austrian oil, gas and chemicals company, and in her ...

Uniper still hopes for start of Nord Stream 2

The German energy group Uniper, which is involved in the Nord Stream 2 pipeline as a financial investor, is "deeply unsettled" by the current political situation on the Russian-Ukrainian border. This was stated by group CEO Klaus-Dieter ...

Green hydrogen from Uniper for Salzgitter steel production

The energy group Uniper and the steel producer Salzgitter AG have concluded a cooperation agreement to supply the SALCOS project of Germany's second largest steel producer with green hydrogen at the production site in Salzgitter...

Planned shutdown work in Heide

Planned maintenance work will take place at the Heide refinery for a month from the end of February. The production facilities affected by the TÜV inspections will be shut down for this purpose, and oil processing will ...

Gas import price rushes from record to record

There is nothing surprising about the preliminary data from the German Federal Office of Economics and Export Control (BAFA) on German natural gas import volumes and prices. The gas import price reached a new high for another month in a row in December. Compared with November, it rose by another 1,886 € – and thus by 20.5% – to 14,791 € per TJ (equivalent to around 5.32 cents per kWh). Compared to December 2020 ...

Saudi Arabia announces increase in oil and gas production capacity

At the opening of the International Petroleum Technology Conference (IPTC) 2022, which will be held in Riyadh from February 20-23, the Saudi energy minister announced a continuation of investment in oil and gas production - coupled with an increase in production capacity ...

Russia remains most important oil supplier, USA catching up

In view of the current conflict between Russia and Ukraine, the crude oil import data of the German Federal Office of Economics and Export Control (BAFA) recently attracted particular attention. This is because they prove Russia's role as the most important oil supplier ...

OMV commissions PV plant at Lobau tank farm

OMV has installed a photovoltaic system at its Lobau tank farm site in eastern Austria, where the oil, gas and chemicals company stores around 1.63 million cubic meters of crude oils, petroleum products and additives ...

bp refinery in Lingen starts kerosene production from waste cooking oil

Since mid-February, the oil and gas group bp has been producing sustainable aviation fuel - SAF for short - from used cooking oil in a so-called co-processing process at its refinery in Lingen for the first time. The plant is said to be the first industrial production nationwide ...

Can’t or won’t OPEC meet its production targets?

The White House sent two staffers to Saudi Arabia in mid-February to urge the kingdom to produce more oil. The background is fears that energy prices could rise further in the event of a Russian invasion of Ukraine. President Joe Biden had warned of such a price increase scenario...

IEA Gas Market Report Q1 2022 - China for the first time the world's largest LNG importer

According to the latest gas market report from the International Energy Agency (IEA), supply in international markets in 2021 failed to keep pace with the 4.6 percent increase in global demand for natural gas compared to 2020. This has led to shortages ...

Profit jump ensures record result at OMV

It was a very successful 2021 for Austria's OMV, which ended with a doubling of sales and a striking increase in profits that led to a record result. The oil, gas and chemicals group ...

Expansion of H2 refueling infrastructure progresses

It is the 14th annual evaluation of H2stations.org, a website of Ludwig-Bölkow-Systemtechnik (LBST), and it reports another record. However, the 'record number' is very modest: in 2021, there are ...

U.S. promises EU more LNG supplies.

The U.S. wants to help secure gas supplies to the EU with more LNG if Russia stops or further reduces its gas supplies to the EU. This is according to the conclusions of the US-EU Energy Council, to which EU Energy Commissioner Kadri Simson ...

Weaker utilization of refineries in 2021 compared with the previous year

At 86.9 percent, capacity utilization at oil-processing plants in Germany at the end of the year was significantly higher than the previous year's figure (75.5 percent). This is the result of an evaluation by the en2x Fuels and Energy Business Association. The general market situation at the end of ...

Deep geothermal energy to tap huge heat potentials

Around 56 percent of Germany's energy needs are met by the heating sector. However, only 15 percent of this is based on renewable energy sources. In a joint roadmap, researchers from the Fraunhofer-Gesellschaft and the Helmholtz Association have developed deep geothermal ...