During the short week that followed the Easter holiday, all eyes were on Shell as it sought to overturn the court ruling from 2021, which ordered the major to slash emissions by 45% by 2030, by arguing in The Hague District Court that there is no legal basis for it under Dutch law.
In Italy, gas grid and storage operator Snam exercised its pre-emption right to increase its stake in Adriatic LNG – Italy’s largest regas terminal – from 7.3% to 30%, following a deal signed by Dutch energy storage player VTTI and German asset manager IKAV to acquire a 70% stake in the terminal from ExxonMobil and QatarEnergy.
Elsewhere, with final investment decision (FID) on the Emirates’ new Ruwais LNG facility expected later this year, ADNOC Gas outlined a USD 13 billion investment plan over the next five years, with a focus on expanding LNG production, while Senegal’s new president, Bassirou Diomaye Faye, told the West African nation that exploitation of the country’s oil and gas resources will receive particular attention from his government and announced an audit of the sector.
Shell climate case – day 3: Milieudefensie says 45% CO2 cut by 2030 achievable
Shell argues court order conflicts with international law in climate appeal case
Why all eyes are on Shell as Hague appeal against climate ruling begins
Snam to increase share in Adriatic LNG terminal to 30% following VTTI-IKAV deal
ADNOC Gas outlines investment plan as FID on Ruwais LNG gets closer
Senegal’s new president Faye announces oil and gas audit in televised address
US gas sector watching Biden administration's moves over LNG export pause
EXPLAINER: UK guidance on CO2 measurement for storage, carbon credits trading
Canada's gas producers set for water shortage battle – Deloitte
Cyprus claims sticking point with Chevron over Aphrodite field ‘has been overcome’
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