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Official: Two Mini-Gas Plants to Be Built on Sakhalin
(Wednesday, June 19, 2013) There are plans to build two mini gas processing plants on Sakhalin Island in the next few years, the head of the Sakhalin Region gasification and infrastructure development agency, Vera Tikhonkikh told Interfax.
Spain Faces Flaring After Low Demand for LNG
(Tuesday, June 18, 2013) Spain's natural gas TSO and its energy regulator are seeking to reduce the amount of boil-off gas flared in the country.
Plan Mulled to Boost Montoir LNG Deliveries
(Tuesday, June 18, 2013) French LNG terminal Elengy and transmission system operator (TSO) GRTgaz have proposed a scheme to entice shippers to deliver LNG into the northwestern port of Montoir.
Jacobs to Provide EPCM Services for Versalis Plant Expansion
(Tuesday, June 18, 2013) Jacobs Engineering Group has been awarded a contract by Polimeri Europa UK Limited (Versalis group), to provide EPCM services to support a major expansion at Polimeri Europa UK's plant in Grangemouth, Scotland.
U.S., EU Agree to Start Talks on Free-Trade Agreement
(Monday, June 17, 2013) The U.S. and the European Union on Monday said they would start talks to build a free-trade agreement to boost growth and create jobs across the Atlantic--a deal that officials hope will strengthen the world's biggest two-way economic relationship.
Gazprom: Foreign Firms Must Order Gas for Stake in Vladivostok LNG
(Friday, June 14, 2013) Japanese and other foreign companies must sign a major contract to buy liquefied gas from the future Vladivostok LNG plant in order to acquire a stake of up to 49% in the project, according to a Gazprom executive.
Centrica Confirms Bowland Shale Deal
(Thursday, June 13, 2013) Centrica buys 25-percent stake in Cuadrilla Resources’ Bowland shale gas license in Lancashire, northern England.
Study: Logging Offsets Green Efforts Made by Wood for Biofuel
(Thursday, June 13, 2013) A new study regarding using wood for biofuel found that carbon dioxide released from logging offsets the green efforts made by using the clean fuel.
Merkel Calls for Cutting Subsidies for Green Energy
(Wednesday, June 12, 2013) Germany urgently needs to scale back its financial support for the development of renewable energy to contain the spiralling costs of its move to a low-carbon economy, Chancellor Angela Merkel said Wednesday.
Rising Refinery Capacity Could Pressure Oil Supply, IEA Says
(Wednesday, June 12, 2013) A rapid increase in the amount of oil processed by refineries means crude oil supply could struggle to meet demand in the coming months, the IEA said Wednesday.
Chevron Phillips Exec: Innovation Can Help Europe Stay Competitive
(Wednesday, June 12, 2013) If the European petrochemical industry hopes to remain competitive, it must continue to capitalize on its historic advantage in innovation and further develop its specialty products portfolio, Benny Mermans of Chevron Phillips Chemical said.
Moscow, Brussels to Continue Talks on Germany's OPAL Pipeline
(Tuesday, June 11, 2013) Moscow and Brussels will continue negotiations of the status of Germany's OPAL gas pipeline on June 24, the Russian ministry of energy said in a release on Tuesday after another round of talks.
Phillips 66 Puts Ireland Refinery Up for Sale
(Monday, June 10, 2013) Phillips 66 has appointed Deutsche Bank to handle the sale of the strategic assets at Whitegate and Bantry, in West Cork, with a target to complete the sale by the end of the year.
Elengy, GRTgaz Float Plan to Boost Montoir LNG Terminal Deliveries
(Monday, June 10, 2013) French LNG terminal owner-operator Elengy and transmission system operator (TSO) GRTgaz have proposed a scheme to entice shippers to deliver LNG into the north-western port of Montoir.
German Energy Industry: Low-Carbon Economy Too Expensive
(Monday, June 10, 2013) The costs of Germany's shift to a low-carbon economy are getting out of control, the country's biggest energy lobby group said Monday, urging the next government to make energy policy a top priority.
Lawmaker Calls E.U.'s LIBOR Supervision Plan 'Intrusive'
(Friday, June 07, 2013) European Union plans to wrest from London the supervision of LIBOR and other benchmarks, such as those covering oil and commodities, are "intrusive" and likely to be changed, a top E.U. lawmaker said Thursday.
Fiat to End Hydrogen Fuel Vehicle Development Program
(Friday, June 07, 2013) Fiat has decided to end the development of hydrogen-fuelled vehicles to focus its attention on natural gas-powered vehicles, reports Autocar.
UK Lawmakers Reject 2030 Power Sector Carbon Target
(Wednesday, June 05, 2013) An amendment to the U.K. government's Energy Bill was narrowly defeated Tuesday, after lawmakers rejected a move to commit the country to near carbon emissions-free electricity generation by 2030.
European Investment Bank Boosts Lithuania's New LNG Terminal
(Wednesday, June 05, 2013) The European Investment Bank (EIB) Tuesday announced that it will provide an EUR87-million loan to Klaip dos Nafta, the operator of Lithuania's planned floating LNG terminal, according to Baltic News Service.
E.ON Confirms Canada LNG Deal, Denies Plan to Cancel Gazprom Contracts
(Monday, June 03, 2013) E.ON SE said Monday it has reached an agreement with Canada's Pieridae Energy involving the delivery of liquefied natural gas, or LNG.