Environment
New York Pension Fund to Divest Half its Shale Companies
New York's state pension fund will sell $238 million worth of stock and debt it holds across 21 shale oil and gas companies including Chesapeake Energy Corp, Hess Corp and Pioneer Natural Resources, saying they have not shown they are ready to move to a low-emissions economy.
Oil Company Directors Decline to Testify in U.S. House Climate Panel
Board members of four major oil companies declined to appear at a U.S. House oversight panel hearing scheduled for Feb. 8 to answer questions about their companies' climate change plans, the committee said on Thursday.
Peru Facing Fuel Shortage after Suspending Repsol Operations
Peru is facing a fuel shortage after the government banned Repsol SA from unloading any new oil into a local refinery after a large oil spill last month, its new prime minister said Thursday.
EU Proposes Rules to Label Some Gas and Nuclear investments as Green
Investments in some gas and nuclear power plants would be labelled as sustainable under rules proposed by European Commission on Wednesday, a plan that has split countries and investors.
EU to Propose 'Green' Investment Label for Natural Gas, Nuclear Energy
The European Commission is set to propose rules on Wednesday to allow some gas and nuclear power plants to be labelled as green investments, with minor changes to a previous draft proposal.
US Unveils $1.15 Billion for Abandoned Oil and Gas Well Cleanup
The Biden administration said it would make $1.15 billion available to states to clean up abandoned oil and gas wells as part of a broad effort to reduce U.S. climate warming emissions.
Ecuador Oil Spill Affected Protected Area in Amazon, Government Says
A burst pipeline in Ecuador caused an oil spill within a protected area of the country's Amazon rainforest, the environment ministry said, adding that the pipeline operator will face legal consequences.
Pipe Burst Leads Ecuador Pipeline Operator to Suspend Pumping Crude
OCP Ecuador, the operator of Ecuador's privately held heavy crude pipeline, suspended pumping crude as a preventative measure after it ruptured in the Amazon.
Forced Electrification Could Cost Maryland Consumers $26,000+ per Household, CEA Report Finds
Removing natural gas service and usage could cost Baltimore households more than $26,000 each, a Consumer Energy Alliance analysis found.
Thai Oil Spill Cleanup to Take 5 More Days, Navy Says
An oil spill caused by a leak from an undersea pipeline 20 km (12.4 miles) off Thailand's eastern coast will take at least five more days to clear, its navy said on Thursday.
Peru Reports Small New Oil Leak During Clean-Up of Prior Spill
Spain's Repsol SA, which was removing remnant crude oil from a pipeline 18 meters (59 feet) under the surface of the sea, said the escaped oil was an expected part of the process and contained.
Carbon+Intel: Top US Oil States Vie for Carbon Capture Oversight to Speed Up Permits
Companies are proposing carbon capture and storage hubs to sequester greenhouse gas emissions from refineries, chemical and natural gas plants, a move that could help slow global warming.
US Court Vacates Federal Permit for Mountain Valley Natural Gas Pipeline
Analysts at ClearView Energy Partners LLC said the loss of the permit likely means "completion of the pipeline this calendar year now looks unlikely."
Linde Debuts Plant for Extracting Hydrogen from Natural Gas Pipelines Using Membrane Technology
Linde Engineering started a full-scale pilot plant in Germany to showcase how its HISELECT powered by Evonik membrane technology can extract hydrogen from natural gas pipelines.
Analysts Raise EU Carbon Price Forecasts as Gas Rally Persists
Analysts have raised their European carbon market average price forecasts in response to persistently high gas prices that encourage electricity generators to use more polluting coal-fired power.
Perspective: Canada Praised for Climate Leadership Despite Scathing Watchdog Report
The report said federal investment of $12.6 billion in the Trans Mountain pipeline expansion is an example of policy incoherence in relation to moving forward on climate commitments.
Aerial Surveys Detect Dozens of Methane 'Super-Emitters' in Permian
The facilities, which include pipelines, were observed as "persistently" emitting large volumes of methane over the three years of aerial surveys.
Energy Transfer to Supply Gas to Texas Power Plants in Feb Freeze Dispute
Energy Transfer will continue providing natural gas to Vistra Corp's power plants in Texas, it said after Vistra complained to state regulators that Energy Transfer threatened to stop supplying fuel.
DNV Evaluating Hydrogen Readiness of Hungarian Gas Pipeline
FGSZ Ltd. commissioned DNV to assess the suitability for partial to full hydrogen transport of one of FGSZ’s natural gas pipelines in Hungary.
Texas Cold Snap Arrives as Industry Says NatGas Infrastructure is Ready
To avoid a repeat of last February's energy emergencies after power plants and gas pipes froze, state agencies have imposed several weatherization and other rules to ensure that power and gas supplies keep flowing.
Ensuring Resilient Infrastructure and Climate Balance
America’s energy security must be balanced with environmental stewardship while accounting for the needs and impacts of current and future generations.
Methane Leak Detection Moving to Higher Plateaus
The U.S. government continues to look at rules or fees requiring companies to track and limit volumes of methane released into the atmosphere. Investment companies such as BlackRock are also keeping a close eye on sustainability practices such as methane reduction.
MVP Preparing to Weld Final 20 Miles, Targeting Summer 2022 In-Service Date
The total project work for Mountain Valley Pipeline (MVP) is nearly 94% complete, and on track for a summer startup after state agencies approved construction permits last month.
Canada's Trans Mountain Oil Pipeline Returns to Normal Operating Pressure
Canada's Trans Mountain pipeline returned to normal operating pressure on Saturday, it said in a statement, after functioning at reduced pressure for over a month.
Canary Project Explores “Responsibly Sourced Gas” Possibilities
PureWest Energy LLC took bids on 7% of its Wyoming natural gas output that was certified as coming from net-zero wells that are also certified as being responsibly sourced. PureWest was testing the market.
American Petroleum Institute Wants Recognition for Methane Reductions
The American Petroleum Institute lobby group is seeking recognition of reductions in methane emissions by oil and gas producers as the Biden administration moves to regulate the greenhouse gas.
Climate-Fueled Permafrost Thaw Threatens Up to Half of Arctic Infrastructure
From satellite imagery, scientists estimate at least 120,000 buildings, 40,000 km (24,850 miles) of roads, and 9,500 km (5,900 miles) of pipelines could be at risk.
New England Power Prices Jump to 4-Year High as Region Freezes
Power prices in New England jumped to their highest since January 2018 as homes and businesses cranked up their heaters to escape the region's coldest day of the winter.
Worrying About Moving More Swiftly than Usual
In January 2020, Russia’s government approved a number of acts concerned with rendering new economic benefits and subsidies to businesses or investors willing to engage in projects in the country’s High North.
Russia Making Moves Affecting the Arctic’s Hydrocarbon Future
This is Part 2 of PGJ's article on Russia’s moves under its Strategic Development Act. The strategy gives particular significance to Murmansk Oblast, emphasizing a broad range of complex and multifaceted transformative measures targeting this province.
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
