Greece-Bulgaria Pipeline Begins Operations
In an effort to reduce southeast Europe's dependence on Russian gas and boost energy security, Greece and Bulgaria started commercial operation of a long-delayed gas pipeline, Reuters reported.
News / International
Torgrim Reitan Appointed as Equinor’s New Chief Financial Officer
Effective as of October 6, 2022, Torgrim Reitan has been named executive vice president and chief financial officer of Equinor.
Satish Pai Becomes bp’s New Non-Executive Director
Satish Pai has been appointed as a non-executive director on bp's board. His appointment will begin on March 1, 2023. Upon appointment, Satish will take a seat on the Safety and Sustainability Committee.
European Commission Warns EU That Gas Price Cap Poses Risks
In response to appeals from several nations for Brussels to act to control skyrocketing gasoline costs, the European Commission has issued a warning to EU member states that a broad cap on gas prices could be difficult to implement and present dangers to energy security.
Swedish Coast Guard Finds Fourth Leak on Nord Stream Pipelines
According to a spokesman who talked to the newspaper Svenska Dagbladet, Sweden's coast guard spotted a fourth gas leak on the damaged Nord Stream pipelines earlier this week.
PETRONAS Inks Agreements with Japan to Pursue Carbon Neutrality by 2050
In order to jointly achieve the sustainability goal of becoming carbon neutral by 2050, PETRONAS has inked memorandum of cooperation (MoC) with the Ministry of Economy, Trade and Industry of Japan (METI) and a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC).
CINEA Selects “Be Charge” to Build Major High-Speed Charging Network
For the construction of one of the biggest high-speed charging networks in Europe, the European Climate, Infrastructure and Environment Executive Agency (CINEA), which oversees the European Commission's programs for decarbonization and sustainable growth, has chosen a project by Be Charge, a subsidiary of Plenitude (Eni).
Some EU Member States Push for Bloc-Wide Gas Price Cap
A number of EU nations are urging Brussels to present proposals this week for a natural gas price cap that would apply to the entire EU, according to a letter seen by Reuters.
ADNOC Awards Field Maintenance Services Contract Extension to Petrofac
Petrofac, a top service provider to the global energy sector, has been given a two-year extension on its field maintenance services contract with Al Dhafra Petroleum of the Abu Dhabi National Oil Company (ADNOC) Group in the United Arab Emirates.
Shell Expects 2024 Global Aviation Fuel Demand to Return to Pre-Pandemic Levels
The head of aviation at Shell (SHEL.L) said on that the demand for aviation fuel will reach its pre-pandemic levels of 300 million tons annually within the next one to two years.
