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Russia could use its excess naturalgas 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…
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
(Oil Price) – As part of the European Union’s efforts to halt imports of Russian naturalgas 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
Naturalgas utilities are well equipped to rise to the occasion and our nation boasts more than 100 years of recoverable naturalgas supply to meet rising demand. During peak demand (often in the harsh winters), naturalgas can supply as much as 81% of the energy consumed in the Northeast.
Hexagon Agility has received an order for Mobile Pipeline TITAN modules from RenewGas Transportation, a provider of complete turnkey transportation solutions for renewable naturalgas (RNG). million for delivery in Q4 2022 thru […]. The order represents an estimated value of $5.5
Nowhere is this truer or more urgent – than in New York and New England where serious naturalgas infrastructure constraints have driven up energy prices and driven out industry and jobs. New England relies on naturalgas. Supply constraints in the northeast come with serious risks.
In December 2022, the New Jersey Board of Public Utilities (BPU) approved permission for New Jersey NaturalGas (NJNG) to build a pipeline regulator station in Holmdel, New Jersey. It reduces pressure on the existing underground naturalgaspipelines in the area, which run underneath Holmdel Township and throughout.
s Westcoast naturalgaspipeline 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 naturalgaspipeline.
(BOE Report) – Global imports of liquefied naturalgas (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
Pennsylvanias economy moves on naturalgas 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 naturalgas industry has been a transformative force in Pennsylvania.
The European Union has a non-binding goal to phase out imports of Russian naturalgas 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.
Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest naturalgas 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. Bcm and 39 percent year-on-year.
(BOE Report) – Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. naturalgas production and 500 barrels per day of U.S. naturalgas liquids production in the first quarter in response to weak prices. to be $2 per thousand cubic feet (Mcf) and $4.15
What exactly does renewable naturalgas (RNG) look like? The concept of producing naturalgas 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.
The gas is likely to reach Europe via the Trans Adriatic Pipeline, according to two people familiar with the matter, who asked not to be named because the information is private. The region increasingly depends on global flows after losing most of its Russian pipelinegas in 2022. billion ($7.2
(Investing) –BRUSSELS -The European Commission will next month propose legal measures to phase out the EUs imports of all Russian gas and liquefied naturalgas by the end of 2027, it said on Tuesday. Others, including Poland and the Baltic states, already stopped buying Russian gas. WHAT HAPPENS NEXT?
Greece has been looking to boost its domestic energy supply by installing renewables and boosting offshore gas exploration after the energy crisis of 2022 and the halt of Russian pipelinegas supply to most EU countries.
This trend reflects a cautious industry response to sustained price volatility, investor pressure, and a strategic pivot toward naturalgas. 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.
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 naturalgas exports to Europe via the TurkStream pipeline dropped 19.4%
9/20/2022). Specifically, the defendants argued that neither the NaturalGas Act nor any regulation or regulatory policy, such as the Shipper-Must-Have-Title policy, creates a private right of action. The Court’s analysis began by explaining the history that led to Congress passing the NaturalGas Act in 1938.
Army Corps of Engineers to Driftwood LNG – a liquefied naturalgas (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 NaturalGas Act (15 U.S.C.
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.
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 pipelinenaturalgas.
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.
.’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 naturalgas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No.
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).
The rapid growth of naturalgas 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 naturalgas.
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. April 14, 2025 The U.S. According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480.
The Company first considered these early production concepts in 2022 and, cognisant of today’s backdrop, has seen significant renewed interest from third parties related to this approach.
While Oklahoma, New Mexico, and several other key states held steady in drilling activity, the national rig count dipped againdriven largely by a sharp decline in naturalgas rigs. The Permian Basin, in particular, saw a notable drop, reaching its lowest rig total since February 2022.
In contrast, models from companies like OpenAI are known for consuming vast amounts of energy for data processing, which in turn increases the demand for fossil fuels , especially naturalgas , to power global data centers.
Locational Importance: Staying Close to the Core The transferred sites are strategically located within the heart of the Barnett Shale , one of the most mature naturalgas plays in North America. Energy Development Corporation in 2022 to drill 12 new horizontals and expand cryogenic gas processing capacity.
HtA industries are sectors with high energy requirements that face significant challenges in reducing their carbon emissions due to the nature of their processes. Mtpa, COD 2022). 1 Indirect and induced gross value added (GVA) or employment are not considered, though they would amplify these industriesâ impact on the economy.
In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new naturalgaspipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. All was fine, said the Attorney General.
In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new naturalgaspipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. All was fine, said the Attorney General.
naturalgas prices fell Thursday, dropping from record levels as spring conditions approach and amid talk of a hefty increase in U.S. At 09:30 ET (14:30 GMT), naturalgas prices fell 1.8% to $4.368 per million British thermal units, or MMBtu, after earlier this week climbing to its highest levels since December 2022.
liquefied naturalgas supplies to Europe will continue to rise, U.S. The United States is the worlds largest exporter of LNG and has played a major role in supplying Europe since Russias full-scale invasion of Ukraine in 2022 significantly reduced the amount of Russian gas piped to Europe. (BOE Report) – U.S.
Climate policy advocates want homeowners to switch from naturalgas and propane appliances to heat pumps and other electric appliances. In 2019, Berkeley, California became the first city to prohibit naturalgas in new residential construction. Plug-in EV sales grew from zero two decades ago to 8 percent last year.
Read more US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says Summary : U.S. energy firms added one oil and gas rig this week, marking the fifth consecutive weekly increase, the longest streak since May 2022, bringing the total count to 593, according to Baker Hughes. per barrel, down 3.8% Read more U.S.
we developed an analytical measure of geopolitical position, using votes in the UN General Assembly between 2005 and 2022 as a proxy for alignment on global issues. 2 Specifically, trade barriers are assumed to stay constant at 2022 levels. 3 For granular corridor analysis, we use 2022 as the base year and all growth rates are real.
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