Wednesday, 5 February 2025

Spotlight: Natural Gas

Map of Europe showing operational LNG import terminals, pipelines and transmission networks (AFP)
AnalysisBusinessEconomyInfrastructureLiquefied Natural GasNatural GasPoliticsRegulationsTradeTransmissionUtilities

End of Russian gas via Ukraine sparks unease in eastern Europe

Ukraine has halted Russian gas transit to Europe, prompting Moldova's state of emergency and Slovakia's threats of retaliation.

FILE PHOTO: The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/REUTERS PHOTOGRAPHER/File photo
BusinessNatural GasNewsPolitics

Europe’s Russian gas era comes to an end as Ukraine transit stops

Russian gas supplies to Europe via Ukraine will cease on January 1, ending Moscow's dominance in the European gas market.

FILE PHOTO: Valves and pipes are seen at a gas compressor station in the village of Boyarka, outside Kiev, April 22, 2015. REUTERS/Gleb Garanich/File Photo
BusinessEconomyIndustryInfrastructureNatural GasNewsPoliticsTransmission

Ukraine transit operator says Russia has not nominated gas volumes for Jan. 1 so far

Ukraine's gas transit operator said Russia had not nominated any gas flows for Jan. 1 through the Ukrainian pipeline to Europe as of...

U.S. Secretary of Interior Deb Haaland attends a hearing on Capitol Hill in 2021. REUTERS/Joshua Roberts/File Photo
ClimateElectricityEmissionsEnvironmentGeothermalIndigenousNatural GasNewsOilPoliticsRegulations

US agency takes steps to protect Nevada mountains from energy development

Biden moves to shield 264,442 acres in Nevada's Ruby Mountains from oil, gas, and geothermal development for 20 years.

FILE PHOTO: Ukraine's President Volodymyr Zelenskiy looks on as he attends a European Union leaders summit in Brussels, Belgium, December 19, 2024. REUTERS/Johanna Geron/File Photo
BusinessEconomyNatural GasNewsPoliticsRegulations

Ukraine’s Zelenskiy hits back at Slovak PM Fico as gas transit dispute deepens

Zelenskiy accused Slovakia's PM Fico of opening a "second energy front" against Ukraine amid a deepening gas transit dispute.

FILE - A worker does checks on battery storage pods at Orsted's Eleven Mile Solar Center lithium-ion battery storage energy facility, Feb. 29, 2024, in Coolidge, Ariz. (AP Photo/Ross D. Franklin, File)
AnalysisBusinessClimateCoalEfficiencyElectricityEmissionsEnvironmentInfrastructureNatural GasNuclear PowerSolarStorageTransmissionUtilities

Climate-friendly electricity sees big battery projects soar again for 2024

In 2024, U.S. battery storage surged 71 per cent, reaching 24 GWh, offering cleaner energy and reducing reliance on polluting plants.

FILE PHOTO: An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021. Mandatory credit Kyodo/via REUTERS/File Photo
AnalysisBusinessElectricityFuelNatural GasNewsOffshore WindOilSolarWind

Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies are slowing and sometimes reversing their renewables investments.

FILE PHOTO: Traffic is pictured at twilight along 42nd St. in the Manhattan borough of New York, U.S., March 27, 2019.   REUTERS/Carlo Allegri/File Photo
ClimateCoalCourtsEmissionsFuelLegislationNatural GasNewsOilPoliticsResiliency

New York to fine fossil fuel companies $75 billion under new climate law

The law is intended to shift some of the costs of climate change from individual taxpayers to fossil fuel firms.

FILE PHOTO: Russian President Vladimir Putin attends a meeting of the Supreme Eurasian Economic Council at the Igora resort in the Leningrad region, Russia, December 26, 2024. Sputnik/Gavriil Grigorov/Pool via REUTERS/File Photo
EconomyNatural GasNewsPoliticsTrade

Putin says there is no time to sign new Ukraine gas transit deal this year

The current five-year gas transit deal between Russia and Ukraine expires in the end of the year.

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held company Westbrick Energy Ltd. for $1.075 billion. Vermilion Energy Inc. logo is shown in a handout. THE CANADIAN PRESS/HO
BusinessNatural GasNewsOil

Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

Oil and gas producer Vermilion Energy Inc. says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion.

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