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Ukraine, Russia Attempt Contract Settlement
Ukraine's and Russia's state-owned gas enterprises are to battle out their gas contract differences on neutral ground or face a final decision by the Arbitration Institute…
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Swedegas to Invest in LNG Bunkering
Swedish gas grid operator Swedegas said July 3 it will invest in Gothenburg's first LNG bunkering facility which it expects to be fully operational in 2018. It is being built in…
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E.ON Sets Up Central Marketing Unit
E.ON has set up its own centralised energy procurement and marketing unit for the German, UK and Swedish markets as of July 1, 2017. Its former energy trading business was…
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Gasum to Increase Skangas Stake
Finnish gas utility Gasum is to increase its interest in leading European small-scale LNG supplier Skangas to 70%, stating that the increase from its previous 51% stake will…
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Naftogaz Prepares Ground for Arbitration Awards
Interfax Ukraine has reported that the commercial arbitration between Ukraine and Gazprom in Stockholm will next month release Ukraine from the take-or-pay clause – a…
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Lundin Reports Barents Duster
Swedish independent Lundin Petroleum reported a dry appraisal well inside the Arctic Circle on May 3 with its 1Q results. Lundin's net 1Q profit from continuing operations…
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EU OKs Funds For Cyprus, Other Studies
The European Commission said April 24 that its proposal to invest €22.1mn ($24mn) in seven studies to promote energy infrastructure had been approved by EU member states. …
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Skangas Appoints New CEO
Skangas, the leading player in the Nordic LNG market, said April 19 it has appointed a new CEO to replace Tor Morten Osmundsen starting May 15. He is Kimmo Rahkamo (pictured,…
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Nord Stream 2 Submits German Plans
The Gazprom-owned Nord Stream 2 company has formally applied to build the 85km section of that pipeline in German territorial waters, it said April 6. It also added on…
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UECC Names 2nd LNG-Fuelled Car Carrier
The world’s second dual-fuel LNG pure car and truck carrier Auto Energy had her formal naming ceremony at Malmo port, Sweden earlier this week. In a February 10 release,…
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Gasum Becomes Nordic Biogas Leader
Finnish gas utility Gasum announced earlier this week that it has become the biggest producer of biogas in the Nordic region, after completing the acquisition of Swedish Biogas…
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Lithuania Exports 1st Small LNG Cargo
Lithuania’s floating LNG import terminal on January 2 began reloading, for the first time, a small-scale LNG carrier. The ship and cargo have since set sail. The floating…
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Swedish Obstacle Hits Nord Stream 2
The Swedish island of Gotland has reconsidered a plan to lease a port to Russian gas pipeline project Nord Stream 2, after the Swedish government expressed disapproval. The…
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German Court's Nuclear Ruling Means Payouts: E.ON
E.ON has welcomed a ruling by Germany's Federal Constitutional Court December 6 according to which at least partial compensation will have to be awarded for the early nuclear…
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EC Clears Vattenfall Sale to EPH
The EU Commission cleared the acquisition September 22 of Vattenfall’s lignite business in eastern Germany, including 7,595 MW net of lignite-fired power plants, by…
