Natural Gas
Wholesale Gas Prices Ease in Europe as Russian Gas Flows Resume
Wholesale gas prices fell in Europe on Tuesday after Russian gas flows resumed to Germany, raising hopes that Moscow is carrying out a pledge to increase supplies and ease concerns about shortages before winter.
Carbon+Intel: Indonesia Carbon Capture Storage Deal Could Need $500 Million
Deployment of carbon capture storage in Indonesia by American energy giant Exxon Mobil Corp could cost about $500 million, a senior official at Indonesia's state oil firm Pertamina said on Monday.
New Financing for 2 Key EU Pipeline Projects
In November 2019, European Investment Bank (EIB) adopted a new energy lending policy which agreed to phase out the financing of traditional fossil fuel energy projects by the end of 2021. Among the final pipelines that EIB will finance are two notable projects.
Jitters in Europe as Russia Shows No Sign of Increasing Gas Supplies
Russia showed no sign on Monday of carrying out an order by President Vladimir Putin to pump more gas to Europe, deepening European concerns about tight supplies, high prices and energy dependence on Moscow as winter looms.
Russian Gas Flows Via Yamal-Europe Pipeline to Germany Halted Again
The reversal of gas flows through one of the three major pipelines carrying Russian gas into western Europe is the second time the situation has developed in a matter of days.
Magellan Raises Forecast for Refined Products Shipments on Jet Fuel Demand
The pipeline operator said it expected the shipments to rise 14% from 2020, compared with 13% earlier, as volumes from expansion projects in Texas overcome the lingering impact of the COVID-19 pandemic.
Uniper CFO: Nord Stream 2 Completion Not Cure-All for Gas Market Woes
The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there are other factors at play.
Canadian Pipeline Companies Enbridge, TC Energy Report Higher Profits
Canada's largest pipeline companies Enbridge Inc. and TC Energy Corp. reported a rise in third quarter profits on Friday, helped by rising demand for oil and gas that boosted pipeline volumes.
Morocco's Options After Algeria Ends Gas Supply
Morocco says the immediate impact of Algeria ending gas supplies through a pipeline is "insignificant,” but it has not said how it will make up any shortfall while it adopts long-term plans to boost renewables and import LNG.
Russian Gas Flows to Germany Through Yamal Restart, Sending Prices Lower
Gas flows from Russia to Germany via the Yamal pipeline started up again on Thursday afternoon, finally sending European gas prices lower since Russian gas has not flowed to Germany via the pipeline since Saturday.
California Looks to Natural Gas to Keep Lights on This Winter
After years of restricting the growth of fossil fuel infrastructure, California is looking to natural gas for power generation this coming winter after drought and wildfires leave the state with few options to keep the lights on.
Algeria Aims for Over 30% Share of European Gas Market
Algerian Energy Minister Mohamed Arkab said his country was seeking to increase its share of the European gas market to over the current 30%, state news agency APS reported.
Russian Gas Pipeline Stuck in Reverse in Europe
A major Russian pipeline that supplies natural gas to Europe remains stuck in reverse after requests to transport gas westwards through it into Germany were abruptly withdrawn, data on the website of its German operator showed.
Interstate Natural Gas Association of America Releases Inaugural Climate Report
The report shows INGAA members are making significant progress on innovative methods to drive down CO2 emissions from their own operations and across the global economy.
Russia's Yamal-Europe Pipeline in Reverse Flow Mode for 4th Day
The reversal, which neither Russia's Gazprom, Poland nor Germany have fully explained, has added to market nerves at a time when gas prices have skyrocketed in Europe.
Enterprise Products Oil Pipeline Volume Up 18% as Demand Recovers
Volumes on its natural gas liquids, crude oil, refined products and petrochemical pipelines have substantially recovered to near pre-pandemic levels despite temporary shut-ins from Hurricane Ida, the company said.
US Unveils Crackdown on Methane from Oil and Gas Industry
The Biden administration unveiled a plan to slash emissions of the greenhouse gas methane from oil and gas operations, drawing cautious support from both environmental groups and drillers.
Taliban Assure Turkmenistan of Gas Pipeline Commitment, Security
Afghanistan's Taliban-appointed government has told Turkmenistan it would ensure the completion and security of the TAPI gas pipeline which Ashgabat is building in hope of opening up new markets.
Biden Pushes G20 Energy Producing Countries to Boost Production
With oil and gas prices surging, some energy-producing countries such as Russia and Saudi Arabia have not boosted output enough to satisfy countries that are largely energy consumers and worry about energy shortages and inflation.
Europe's Gas Prices Surge as Russian Pipeline Switches to Flow East
A major pipeline that normally brings Russian gas from Poland into Germany has been switched to flow east, further boosting Europe's sky-high gas prices on Monday.
Pipeline Rupture Halts Gas Flows from Bulgaria to Serbia
Bulgaria's gas network operator Bulgartransgaz halted the transport of natural gas to Serbia and Hungary early Monday following a pipeline rupture in the gas network near the northeastern village of Vetrino.
Carbon+Intel: Atlanta Boy Scouts, Georgia Natural Gas to Reduce Carbon Emissions
The Atlanta Area Council, Boy Scouts of America is signing onto a program where Georgia Natural Gas purchases and retires carbon offsets on customers’ behalf to make emissions from their natural gas use carbon neutral.
Ida Reduced US NatGas Production More Than Any Hurricane in Past Decade
The hurricane caused more natural gas production shut-ins than any other hurricane in the past ten years, and the impacts continue today.
Australia's Macquarie Buys German Gas Pipeline Firm Thyssengas
Australian investment bank Macquarie Asset Management has agreed to buy Germany's second-largest gas pipeline operator, Thyssengas, to use the company's grid network to transport climate-friendly gases.
TWI Working With Joint Industry Project to Evaluate Gas Pipelines for Hydrogen Transport
TWI has joined forces with C-FER Technologies and the Sumitomo Corporation to launch a new Joint Industry Project with pipeline operators and manufacturers to evaluate the suitability of natural gas pipeline networks for transporting hydrogen.
Syria and Jordan Reach Deal Over Electricity Transfer to Lebanon
Lebanon, Syria and Jordan have reached a deal to transfer electricity to Lebanon which is suffering an acute energy crisis, ministers from the three neighboring countries said.
EIG Shortlisted as Possible Buyer for Aramco Gas Pipelines
United States-based energy investor EIG has been shortlisted as a potential buyer of Saudi Aramco's gas pipelines, part of a sale that could exceed $17 billion and is likely to be completed later this year.
Russia Using Gas to Bully Moldova, Says EU
The European Union's top diplomat said on Thursday that Moscow was using natural gas to bully Moldova, as the prime minister of the ex-Soviet republic said the country could not afford the prices Russia was now offering.
Democrats Scramble to Salvage US Methane Fee Proposal
Democrats are considering paring down a proposed methane fee on United States oil and gas producers as a way to pacify opposition to the idea from within its own ranks.
China's Winter Natural Gas Demand to Rise 10% from Year Earlier
China's demand for natural gas is expected to rise to 180 billion cubic meters (bcm) this winter, up 10% from a year earlier, an official at PetroChina said.
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
