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Russia could use its excess natural gas to power AI data centers or crypto mining operations, Russian officials have said, as Moscow’s pipelinegas exports to Europe have collapsed and led to an oversupply at home. Previously, half a billion cubic meters per day went through the gaspipelines…
(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
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 pipelinegas via Ukraine at the start of the year, the European Commission has reported. volumes comprised 24 percent or 16.6
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.
The European Union reduced its combined pipelinegas 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
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.
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 gaspipelines in the area, which run underneath Holmdel Township and throughout.
Hexagon Agility has received an order for Mobile Pipeline TITAN modules from RenewGas Transportation, a provider of complete turnkey transportation solutions for renewable natural gas (RNG). million for delivery in Q4 2022 thru […]. These modules will be used to transport and deliver RNG derived from agricultural waste.
Nowhere is this truer or more urgent – than in New York and New England where serious natural gas infrastructure constraints have driven up energy prices and driven out industry and jobs. New England relies on natural gas. At times of peak demand, natural gas can supply as much as 81% of the energy consumed in the Northeast.
The European Union has a non-binding goal to phase out imports of Russian natural gas by 2027, but its unlikely to resort to a ban to achieve that indicative target. The EU is set to unveil on Tuesday a roadmap for phasing out Russian gasa pledge the bloc made in the aftermath of the Russian invasion of Ukraine in 2022.
The Millennium Pipeline, which stretches 263 miles from Corning, NY, to just outside New York City, delivers Pennsylvania Marcellus and Utica gas to utility and power plant markets across New York State and New England. Several companies jointly own the pipeline, which operates under its own corporate structure.
Image by saiko3p via iStock Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s Socar, a move that will help diversify supplies in Europe’s tight market. of the European Union’s gas consumption in 2024. That’s equivalent to about 1.5 billion cubic meters per year, or about 0.5%
s Westcoast natural gaspipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gaspipeline.
(BOE Report) – Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia. Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of this year, up 1.7% from the 205.11
(Investing) –BRUSSELS -The European Commission will next month propose legal measures to phase out the EUs imports of all Russian gas and liquefied natural gas by the end of 2027, it said on Tuesday. Others, including Poland and the Baltic states, already stopped buying Russian gas. WHAT HAPPENS NEXT?
The podcast The Disconnect has begun Season Three, about the role of gas producers and pipelines in the Big Freeze of 2022., Mose has done a great job making the complex Texas grid understandable and calling out those responsible for the 2022 blackout. The first two episodes are out, and you can listen here.
Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021.
One of the most methane emitting events ever recorded, the Nord Stream pipeline explosions in 2022, released a huge amount of this very potent greenhouse gas into the atmosphere. What is striking, though: Normal oil and gas operations globally emit the same amount of methane as the explosion every single day.
(BOE Report) – Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. natural gas production and 500 barrels per day of U.S. natural gas liquids production in the first quarter in response to weak prices. to be $2 per thousand cubic feet (Mcf) and $4.15 per Mcf worldwide.
Business and Technical Views On The Market At The Transportation Oil and Gas Congress 2022 A strategic look at the pipelines industry for both managing and technical solutions is essential for market development.
Originally posted here and co-authored by Calvin Triems After the outlook for European gas-supply security improved significantly in May 2022, current developments are worrying. In this article, the energy market.
Pennsylvanias economy moves on natural gas and lawmakers must consider the fundamental role of this home-grown energy resource in policies going forward. Heres what he has shared: A Catalyst for Economic Growth Over the past decade, the natural gas industry has been a transformative force in Pennsylvania.
What exactly does renewable natural gas (RNG) look like? The concept of producing natural gas in a renewable, emissions-reducing fashion is exciting, and something that the industry is talking about more and more, but what it looks like in practice can vary from operation to operation.
supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greeces Ministry of Energy and Environment said on Wednesday. supermajor, ExxonMobil, is already exploring for oil and gas. (Oil Price) –U.S.
This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward natural gas. The rig count is down 44% from its 2022 peak of 780 , reflecting both post-pandemic normalization and broader market hesitancy. Producers may be pivoting to gas due to: Stronger gas prices.
The Kremlin said on Thursday that Russia is not holding talks with Europe or the United States about Russian gas supplies via Ukraine. Russian gas supplies to Europe have collapsed since the start of the military conflict in Ukraine in February 2022 and blasts at the subsea Nord Stream pipelines.
March 29, 2025 Chart of the Day: EU Record LNG Imports from the US and Imports from Russia Decline Reuters: Exports of Russian PipelineGas to Europe Down 19% in March Month-on-Month, Data Shows Summary In March 2025, Gazprom's daily natural gas exports to Europe via the TurkStream pipeline dropped 19.4% in February.
(AP) An oil spill in a creek in northeastern Kansas shut down a major pipeline that carries oil from Canada to the Texas Gulf Coast, briefly causing oil prices to rise Thursday. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural Washington County, Kansas, Dec.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend.
Nevertheless, the Grayson plaintiffs sued the defendants claiming they “…violated a federal policy – the shipper-must-have-title rule – while transporting their gas and deducted the costs of that ‘unlawful’ transportation from Plaintiffs’ revenue shares.” 9/20/2022). 9/20/2022). 9/20/2022). 9/20/2022).
Volumes have nearly tripled since July 2022, reaching 136 Mb/d by March 2025, driven largely by EAP and a few other producers. Without a dedicated gathering network, the product is typically trucked from well pads to rail, marine, or pipeline terminals.
.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No. In fact, the No.
The two bureaus stated their focus for fiscal year (FY) 2022 would be on the development of regulations to address the IIJA requirement; accordingly, both BOEM and BSEE have budgeted funds for FY 2023 to develop such a framework. total CO 2 emissions.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Beginning operations in early October, the pipeline can transport up to 2.5 Bcf/d of natural gas.
oil and gas sector faced a notable setback this week as the national rig count dropped by seven, bringing the total to 583 active rigsthe lowest level since early 2022. oil and gas rig activity , based on the Baker Hughes rig count for the week ending April 11, 2025: National Rig Count Summary Total U.S. April 14, 2025 The U.S.
2022 is proving to be a year of change for the LNG business. The Ukraine crisis has added to the demand for LNG as Europe implements policies to reduce and eventually end the import of pipeline natural gas.
Representatives from the Association of the Petroleum Industry of Kurdistan (APIKUR) member companies met with officials from the Government of Iraq (GoI) and the Kurdistan Regional Government (KRG) on March 6 to discuss the resumption of oil exports through the Iraq-Trkiye Pipeline. Additional meetings are required to finalize agreements.
Army Corps of Engineers to Driftwood LNG – a liquefied natural gas (LNG) export terminal under construction near Lake Charles. 1] The petition was filed – and the suit will proceed – in the United States Court of Appeals for the Fifth Circuit, which has jurisdiction over such matters pursuant to The Natural Gas Act (15 U.S.C.
Pipelines LLC , No. filed) was whether South Texas Pipelines LLC (“STX”), a subsidiary of Enterprise Products Partners L.P., had the power of eminent domain to condemn an easement across the appellants’ (“Landowners”) land for a new pipeline to transport polymer grade propylene (PGP).
Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. billion of adjusted EBITDA, up 5% over 2022.* Our 2022 Corporate Responsibility Report can be found on our website.
In 2022, in a case decided by the Corpus Christi Court of Appeals , the issue was who owns the right to use underground salt caverns: the mineral owner or the surface owner? Underground Services Markham, LLC and United Brine Pipeline Co., 3d , 2022 WL 2163857 (Tex.Civ.App.Corpus ChristiEdinburgh 2022), pet. granted (Aug.
oil and gas rig count dipped slightly this week, falling by one to a total of 592 active rigs, according to the latest data from Baker Hughes. Notably, the Permian BasinAmericas top oil-producing regionsaw a drop of three rigs, bringing its total to the lowest level since February 2022. March 31, 2025 The U.S.
The Bureau of Ocean Energy Management (BOEM) held its third Gulf of Mexico (GOM) Intergovernmental Renewable Energy Task Force meeting on July 27, 2022 (3 rd Meeting). The first two meetings were held on June 15, 2021 , and February 2, 2022 , respectively.
DeepSeek, the Chinese start-up that has recently sent shockwaves through the US tech industry , is poised to influence the oil and gas sector in the long term as well. This efficiency has led to a sharp decline in stock prices for companies involved in natural gas production , pipeline operations, and power generation.
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