Thursday, 6 February 2025

Spotlight: Natural Gas

The report was released on Tuesday (Jane Barlow/PA)
BusinessClimateEmissionsNatural GasNewsOil

UK offshore emissions reduction of 50% by 2030 ‘appears within reach’

Report shows cuts to North Sea emissions have continued, on track to meet net zero target for 2050.

Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc. has signed a deal to buy a group of midstream assets from Veren Inc. for $400 million.
PGI is owned by Pembina Pipeline Corp. and private equity firm KKR. THE CANADIAN PRESS/HO
BusinessFuelInfrastructureLiquefied Natural GasNatural GasNews

Pembina Gas Infrastructure signs $400M deal to buy midstream assets from Veren

PGI will acquire four batteries in the Gold Creek and Karr areas, which handle natural gas and liquids.

FILE PHOTO: Gas bubbles from the Nord Stream 2 leak reaching surface of the Baltic Sea in the area shows disturbance of well over one kilometre diameter near Bornholm, Denmark, September 27, 2022.  Danish Defence Command/Handout via REUTERS/File Photo
FuelNatural GasNewsPolitics

Kremlin says Germany is right to investigate Nord Stream blasts

Russia approves as Oalf Scholz announces thorough investigation into Nord Stream explosion.

FILE PHOTO: A view shows an oil pump jack outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File Photo
Natural GasNewsOilTrade

Russia raises forecast for 2024 oil, gas export revenues by $17.4 billion, document shows

Russia's 2024 oil and gas export forecast was raised by $17.4 billion to $239.7 billion, driven by higher price expectations.

Azerbaijan's President Ilham Aliyev speaks at the European House - Ambrosetti Forum, an annual conference that gathers business and political leaders at the end of the summer, in Cernobbio, Italy, September 6, 2024. REUTERS/Claudia Greco
Natural GasNewsPoliticsTrade

Azerbaijani president confident on Ukraine gas route talks

Ilham Aliyev confident over talks between Russia and Ukraine that his country is facilitating to keep gas flowing through Ukraine.

A general view of electric lines as demand for power surges during a period of hot weather in Houston, Texas, U.S. June 27, 2023. REUTERS/Callaghan O’Hare/ File Photo
BusinessFinanceIndustryInfrastructureNatural GasNewsPoliticsRegulations

Texas gas plant proposal rejected from state financing program

Texas energy regulators denied public funding for Aegle Power's 1.3 GW natural gas plant, citing due diligence failures.

BusinessInfrastructureManufacturingNatural GasNewsTransmission

Mountain Valley Pipeline test failure due to manufacturer defect, not corrosion: report

A May rupture of the Mountain Valley Pipeline in Virginia was due to a manufacturer defect, not corrosion, a report says.

FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. REUTERS/Nick Oxford/File Photo
BusinessFuelNatural GasNewsOil

US oil, gas M&A nears 2023 record, focus shifts from Permian – Rystad

Oil megamergers and consolidations have cost $100bn so far this year with $46bn of further assets up for sale, according to analysis.

Russian President Vladimir Putin attends a signing ceremony following a meeting with Mongolian President Ukhnaagiin Khurelsukh in Ulaanbaatar, Mongolia September 3, 2024. Sputnik/Sofia Sandurskaya/Pool via REUTERS/File Photo
Natural GasNewsPoliticsTrade

Putin to discuss gas supply contract with Serbian deputy PM

Russian gas already sent to Serbia but Putin will discuss supply contract with country's Deputy Prime Minister.

FILE PHOTO: A general view of the Equinor's Johan Sverdrup oilfield platforms in the North Sea, Norway December 3, 2019. REUTERS/Ints Kalnins/File Photo
BusinessCourtsFuelNatural GasNewsOilPolitics

Norway seeks to end climate injunction against three oilfields

Norwegian government hopes appeals court will lift injunction on developing fossil fuel projects after ruling was temporarily put on hold.

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