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Russia Considers AI Data Centers as Collapsing Gas Sales Create Glut

OilPrice

Russia could use its excess natural gas to power AI data centers or crypto mining operations, Russian officials have said, as Moscow’s pipeline gas exports to Europe have collapsed and led to an oversupply at home. Previously, half a billion cubic meters per day went through the gas pipelines

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EU to require EU firms to disclose details of Russian gas contracts

Oil & Gas 360º

(Oil Price) – As part of the European Union’s efforts to halt imports of Russian natural gas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters. By Charles Kennedy for Oilprice.com

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US Overtakes Russia as EU No2 Gas Source

Rigzone

Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest natural gas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported. volumes comprised 24 percent or 16.6

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Germany and France Seek More Flexible EU Gas Refill Targets

OilPrice

In the wake of the 2022 Russian invasion of Ukraine and the halt to Russian pipeline Germany and France are pushing for a lower or at least a more flexible target, as part of ongoing EU talks on extending the storage filling goals through 2027, sources with knowledge of the matter told Bloomberg.

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EU Has Slashed Natural Gas Imports by 18% Since 2021

OilPrice

The European Union reduced its combined pipeline gas and LNG imports by 18% between 2021 and 2024, as consumption slumped by 20%, a gas flow tracking tool of the Institute for Energy Economics and Financial Analysis (IEEFA) showed on Wednesday. European energy-intensive

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Permitting Reform Has the Power to Save Lives

American Gas Association

Natural gas utilities are well equipped to rise to the occasion and our nation boasts more than 100 years of recoverable natural gas supply to meet rising demand. During peak demand (often in the harsh winters), natural gas can supply as much as 81% of the energy consumed in the Northeast.

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Holmdel, NJ Loses Years-Long Fight to Block NJNG Gas Regulator Stn

Marcellus Drilling News

In December 2022, the New Jersey Board of Public Utilities (BPU) approved permission for New Jersey Natural Gas (NJNG) to build a pipeline regulator station in Holmdel, New Jersey. It reduces pressure on the existing underground natural gas pipelines in the area, which run underneath Holmdel Township and throughout.

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