Top stories: China needs more gas units, QatarEnergy bolsters LNG, Saipem and Uniper results, Energy Week in London

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The start of spring is here, and with it the last of the results trickle in. Alongside that, International Energy Week in London saw executives at the sector’s top firms take to the stage to discuss, and disagree, on the way to net zero. 

Pragmatism is needed, according to Engie’s CEO, who was quite frank and open at London Energy Week about the costly effort required to ensure renewables are a success. At the same event (which protesters did grace, with body-slamming to raise awareness of the Gaza atrocities) BP and Shell economists suggested it wasn't fair to put unrealistic pressure on developing countries to combat climate change.

Other highlights include Saipem’s thoughts on moving ahead with Mozambique LNG work amid another spark of insurgence which drove out locals, while China indicates it would likely need more gas peaking units. 

All this and more in your weekly catch up bulletin below. 

China’s state planner recommends more gas peaking units to support renewables 

Saipem CEO hopeful on Mozambique LNG: ‘We are gearing up ... for the restart’ 

Engie CEO says firm is realistic on renewables: ‘Not everything can be electrified’ 

Woodside competitive on cost despite more Qatari LNG hitting markets – CEO 

LNG industry mulls Qatar's expansion plans amid Biden export pause 

BP, Shell economists hit back at unrealistic climate pressure on developing nations 

Uniper to appeal EUR 563 million arbitration award over LNG pricing in LT contract 

Why the Panama Canal could become a chokepoint for US LNG 

Petrobras, ICE, Seatrium executives weigh up CBAM, carbon tax  

China’s gas demand, imports increase in 2023, official statistics bureau reports 

Equinor, Ørsted secure rights to advance New York offshore wind projects despite cost concerns 

Arctic LNG 2 sanctions 'too late and not sufficient' says Columbia energy academic 

Two years on from Ukraine invasion, gas markets are still adapting to new realities 


Contact the editor:

Penny Sukhraj
[email protected]

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