Business & Markets
US Wants NatGas/Power Coordination to Prevent Another Feb Freeze
U.S. power reliability regulators recommended electric grids strengthen cold weather rules and coordinate with the natural gas industry to prevent a recurrence of the February freeze that left millions in Texas without power for days.
Perspective: Stemming Methane Leaks from Pipelines, Landfills Could Quickly Slow Climate Change
Methane, which is more potent than carbon dioxide but has a shorter lifespan, reached record levels in the atmosphere last year, at about 2.5 times above those during the pre-industrial era.
German Regulator's Nord Stream 2 Move May Delay Commissioning to March
A German regulator's decision to suspend licensing of the Nord Stream 2 pipeline from Russia to Germany could delay commissioning of the infrastructure until March next year, government sources said.
Ukraine Sees No Sign of Bigger Russian Gas Supply to Europe
Ukraine's state-run gas transmission system operator said there was no sign that Russian energy giant Gazprom planned to export additional gas to the Europe Union next year, based on the results of pipeline capacity auctions.
Trafigura Warns of Power Outages in Europe This Winter
Europe is at risk of power outages this winter due to insufficient gas reserves and over the long-term, oil could rise above $100 a barrel, the chief executive of commodity trading giant Trafigura said.
Judge Rules Enbridge Line 5 Oil Pipeline Case with Michigan be Heard in Federal Court
A legal battle between Canadian company Enbridge Inc. and Michigan over Enbridge's Line 5 oil pipeline will be heard in federal court, a judge ruled on Tuesday, dismissing Michigan's motion to have the case sent back to state court.
Ironwood Midstream Expanding Footprint in Eagle Ford Region of South Texas
The Ironwood II leadership team assumed management of Nuevo Midstream assets, including about 100 miles of crude oil gathering pipeline in Lavaca, Gonzalez, and Fayette counties.
German Regulator Puts Brake on Nord Stream 2 in Fresh Blow to Gas Pipeline
Germany's energy regulator has suspended the approval process for a major new pipeline bringing Russian gas into Europe, throwing up a new roadblock to the contentious project and driving up regional gas prices.
Scrap UAE Pipeline Deal Over Oil Risks to Red Sea, Israeli Minister Says
Israel's energy minister said on Tuesday a deal with partners from the United Arab Emirates to transport oil from the Gulf to Europe via Israel should be cancelled as it was too much of an environmental risk.
Canada's Trans Mountain Oil Pipeline Shut Down Due to British Columbia Storms
Canada's Trans Mountain oil pipeline has been shut down temporarily because of rainstorms pounding parts of the province of British Columbia, the operating company said in a statement on Monday.
As Energy Prices Soar, Supply Chain Snags Threaten US Oil Output Gains
Firms that convert pipeline compressor stations to run on electric motors instead of natural gas are finding parts in short supply, said energy consultant Spears.
Russian Gas Flows to Germany Rise Despite Belarus Threat
Russian gas flows through a key pipeline to Germany rose on Monday with no sign that Belarus's president had acted on his threat to cut off supplies to the European Union as winter approaches.
Russian Gas Flows Via Yamal Pipeline to Germany Rise Over the Weekend
Russian gas flows towards Germany via the Yamal-Europe pipeline rose over the weekend, preliminary data showed, with no signs of being impacted by a political standoff between Belarus and the European Union.
European Gas Prices Ease as Kremlin Soothes Fears
European spot gas prices eased after the Kremlin said that Belarus had not consulted Moscow before threatening to reduce flows of natural gas to Europe, adding that Gazprom remained a reliable gas exporter.
Russian Gas Flows to Germany via Yamal Pipeline Unchanged
Russian gas continued flowing via the Yamal-Europe pipeline to Germany at Thursday levels, preliminary data from German network operator Gascade showed, below volumes seen earlier in the week when Gazprom started to increase supplies to refill its storage.
Africa Sets Sights on Hydrocarbon Haul Despite Global Shift
Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy shortages, representatives gathered in Dubai said this week in the face of pressure to end fossil fuel extraction to curb global warming.
Perspective: Moving Away from Fossil Fuels Could Put Canada's Energy Security at Risk
An oil-price drop, coupled with a global economic slowdown, has had adverse effects on other industries, global financial stability and non-oil-producing economies. In other words, no industry or economy is immune to these shocks.
Belarusian Leader's Warning Causes New Concern in Europe About Gas Flows
A warning by Belarusian President Alexander Lukashenko that he could halt Russian gas flows through his country to Europe in a dispute with the European Union posed a new threat to already tight European supplies on Thursday.
Enchanted Rock Announces Net-Zero Carbon Electrical Resiliency Microgrids Using RNG
Enchanted Rock, a provider of electrical resiliency microgrids, announced its customers now have the option to choose Renewable Natural Gas to achieve net-zero or negative carbon emissions.
Blackout Fears Amid Energy Crunch Boosts Gas Cooker, Lantern Sales in Spain
A surge in electricity prices, driven by shortages in Asia and Europe, and a switch in pipelines bringing gas from Algeria have fueled the public's concerns.
Russian Gas Flows Via Yamal-Europe Pipeline Continue Westbound
Russian gas flows via the Yamal-Europe pipeline continued running westbound towards Germany on Thursday, as Gazprom refills its European storage, preliminary data from German network operator Gascade showed.
Blinken Meets Ukraine Official, Warns Russia on NatGas Supplies
The United States is watching for signs that Russia may be using energy as a political tool in Europe's energy crunch, Secretary of State Antony Blinken said, adding that Washington was committed to taking appropriate action if Moscow were to take that path.
GTI’s Hydrogen Technology Center to Research Clean Energy Distribution
Recently, Kristine Wiley was named vice president of GTI’s Hydrogen Technology Center, which will facilitate increased use of hydrogen in an integrated energy system to meet the challenges of decarbonization.
US Natural Gas Consumption to Fall Through 2022, Data Shows
The EIA Short-Term Energy Outlook shows U.S. consumption of natural gas is expected to decline from 2020 levels in all end-use sectors except in the industrial sector and among non-specific users, such as lease and plant fuel, pipeline and distribution use, and vehicle use.
World Energy Use Projected to Grow 50% by 2050
In its International Energy Outlook 2021, the U.S. Energy Information Administration projects that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years.
US Republicans Renew Push to Sanction Nord Stream 2 Pipeline
A group of U.S. Senate Republicans said they introduced legislation that would impose mandatory sanctions on Nord Stream 2, a Russian-backed natural gas pipeline that opponents believe would be harmful to U.S. allies in Europe.
Nigeria's Aiteo Reports 'Extremely High Order' Oil Spill from Well
Nigeria's Aiteo Eastern E&P has reported an "extremely high order" oil spill from a jointly-owned well in the Niger Delta and has had to abort immediate efforts to control the leak due to the pressure emanating from the well head.
Russia Increases Gas Flows to Europe, and Prices Fall
Russia increased its flow of gas to Europe via Poland and Belarus as well as Ukraine on Wednesday, easing some of Europe's concerns about tight supplies before winter and pushing down wholesale prices.
Oil Prices Rise, With Few US Government Brakes Available
Oil prices have soared to seven-year highs as the global economy has recovered, and driven the U.S. retail gasoline cost to $3.42 a gallon, also the highest in seven years.
Perspective: Would US Oil Reserve Sales Affect Prices Much?
Speculation is growing the Biden administration could order the release of crude from the Strategic Petroleum Reserve to lower oil prices after OPEC+ last week rejected calls to accelerate its output increases.
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- New Alternatives for Noise Reduction in Gas Pipelines
- EIG’s MidOcean Energy Acquires 20% Stake in Peru LNG, Including 254-Mile Pipeline
- Construction Begins on Ghana's $12 Billion Petroleum Hub, But Not Without Doubts
- DOE Considers Cutting Over $1.2 Billion in Carbon Capture Project Funding
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
