No Guarantee of Gas Supply for European Countries
In a statement dated Thursday, July 14th, Russia said that it has retroactively declared force majeure on gas supplies since June the 14th.
Europe
First Container Ship Link from Scotland to China Launched
Intro of new direct connection from Scotland to China and vice versa is expected to benefit Scottish industries like food and drink.
Hydrogen Supply Chain from Portugal to Netherlands in Place
Study of green hydrogen supply network between Portugal & NL to be led by a consortium of Anthony Veder, Engie, Vopak, and Shell New Energies NL.
Wartsilä Moves to Italy Resulting in 450 Face Layoffs
Wärtsilä announced plans to cut down manufacturing in Italy while it centralizes its European 4-stroke engine building business to Finland.
Green Hydrogen Plant To Be Developed in Amsterdam Port
Hydrogen company HyCC launched a project called Project H2era that plans to construct a 500MW green hydrogen plant in the Amsterdam port.
Ukrainian Grain Starts Shipping Through Danube Rivermouth
Despite Black Sea port blockade by Russia, Ukraine gave foreign markets hope as ships passed through mouth of the Danube to increase grain export
Euronav & Frontline Merge in an All-Stock Deal
Belgian Euronav NV & Norwegian Frontline sign definitive combination agreement to merge aiming to create a global independent oil tanker operator
No More Strike for Offshore Oil and Gas Workers in Norway
Union leader & labor ministry say Norwegian government stepped in to end the strike in the petroleum sector that interrupted oil & gas output.