Thursday, 6 February 2025

Spotlight: Natural Gas

Russian President Vladimir Putin takes part in a welcoming ceremony upon his arrival at an airport in Ulaanbaatar, Mongolia September 2, 2024. Sputnik/Natalia Gubernatorova/Pool via REUTERS
FuelNatural GasNewsPolitics

Putin arrives in Mongolia, key link in planned gas pipeline to China

Russian president, unfazed by international arrest warrant over Ukraine invasion, visits site for natural gas pipeline to China.

A proposed increase in the Energy Profits Levy would cost the sector about £13 billion, an trade body has warned (Andrew Milligan/PA)
EconomyNatural GasNewsOilTrade

Oil and gas windfall tax rise would cost the economy £13bn, UK trade body warns

Increased windfall taxes on the UK’s offshore oil and gas industries would cost the economy about £13 billion.

Azerbaijan is among the 20 biggest net oil exporters and the 12th largest for gas, according to 2022 figures (AFP)
AnalysisCoalElectionsNatural GasOil

Azerbaijan: a country steeped in hydrocarbons

Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account...

FILE - A long exposure image shows the recorded temperature on a thermostat at the Furnace Creek Visitors Center, after 10:00 p.m. July 7, 2024, in Death Valley National Park, Calif. (AP Photo/Ty ONeil, File)
ClimateElectionsElectric Vehicles (EVs)ElectricityEmissionsFuelIndustryNatural GasNewsOilPolitics

Harris and Trump offer starkly different visions on climate and energy

"The freedom to breathe" versus "drill, baby, drill" — presidential contenders Harris and Trump's division over climate change is wider than ever.

FILE PHOTO: Michael Nelson, a coal miner,shakes hands with then-U.S. President Donald Trump as Trump prepares to sign Resolution 38, which nullfies the "stream protection rule", at the White House in Washington, U.S., February 16, 2017. REUTERS/Carlos Barria/File Photo
ClimateCoalElectionsElectric Vehicles (EVs)EmissionsNatural GasOilPolitics

Trump campaign targets Biden’s green policies, promises revival of fossil fuels and deregulation

Trump's energy plan aims to boost U.S. fossil fuel output by rolling back Biden's climate rules and EV subsidies.

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
BusinessFinanceNatural GasNews

Texas narrows gas plant projects vying for $5.4 billion in funding

Texas selected 17 projects for $5.38 billion in funding to develop gas-fired power plants, advancing nearly 10,000 MW in capacity.

Shares of Parex Resources Inc. were down in early trading after the company cut its production guidance for the year and said its chief financial officer was leaving to pursue another opportunity. The Parex Resources logo is seen in an undated handout image. THE CANADIAN PRESS/HO, *MANDATORY CREDIT*
BusinessNatural GasNewsOil

Shares of Parex Resources drop after company cuts production forecast

Parex Resources shares fell 28% after cutting 2024 production guidance and announcing CFO Sanjay Bishnoi's departure.

The Rosebank and Jackdaw fields have sparked protest from environmental campaigners (PA)
BusinessCourtsNatural GasNewsOilPolitics

UK drops legal defence for Rosebank and Jackdaw oil and gas fields

UK Government will not challenge judicial reviews brought against fossil fuel developments in order to “save the taxpayer money”.

Ontario is looking to add some 5,000 megawatts to the grid as new energy minister Stephen Lecce lays out his plan to meet demand in the coming decades. Hydro workers perform maintenance on power lines in Renfrew County, Ont., July 8, 2024. THE CANADIAN PRESS/Sean Kilpatrick
AgricultureElectricityHydropowerNatural GasNewsNuclear PowerPoliticsSolar

Prime Ontario agricultural land to be protected amid energy expansion, minister says

'Energy agnostic' government will add 5,000 megawatts to the grid with gas, renewables and nuclear, but solar farms banned from prime agricultural land.

FILE PHOTO: A Gazprom worker walks next to pipelines at a gas measuring station at the Russian-Ukrainian border in Sudzha near Kursk, some 500 km (311 miles) south of Moscow, December 5, 2008.   REUTERS/Denis Sinyakov//File Photo
Liquefied Natural GasNatural GasNewsPoliticsTrade

Kremlin says Europe will pay more unless gas deal extended

Ukraine gas transit deal will not be renewed, says Kyiv, as Russia warns of higher prices from other sellers.

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