Natural Gas

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Enbridge to Build Pipelines to Service BP’s Kaskida Oil Hub

Oct 3 (Reuters) – Enbridge  said on Thursday it would build and operate crude oil and natural gas pipelines in the U.S. Gulf of Mexico for the recently sanctioned Kaskida oil hub, operated by BP. The pipelines are expected to be operational by 2029 and would cost $700 million, the Canadian firm said. The crude oil …

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Kremlin Says it Cannot Confirm Report on Planned NationaliZation of Energy Companies

(Reuters) – The Kremlin said on Wednesday it could not confirm a report that Russia’s energy minister had put forward a proposal to nationalize the energy sector. Russian authorities have repeatedly said they have no plans to de-privatize large companies, including oil and gas producers. On Tuesday, a Telegram channel called EJ, citing unnamed sources, …

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Permian Gas Starts Flowing on Matterhorn Pipeline in Texas

Pipeline is moving about 0.3 bcf per day into Transco Permian has long struggled with not enough pipeline capacity Matterhorn Express Pipeline has begun transporting natural gas into Williams Cos.’s Transco pipeline, a long-awaited addition to midstream infrastructure serving the Permian Basin. Matterhorn is moving about 0.3 billion cubic feet per day into Transco, an established pipeline …

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California Governor Rejects Health Warnings on Gas Stoves

Similar measures aimed at using labels to inform consumers about the air pollution emissions associated with gas stoves have failed in Illinois and New York. California Gov. Gavin Newsom on Friday vetoed a bill that would have required gas stoves sold in the state to come with warning labels about their air pollution emissions and …

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Russia Seeks to Counter West’s Climate Agenda with Gas, Nuclear Power

(Reuters) – Russia will pursue its own climate-related goals and put forward proposals on tackling global warming as an alternative to the agenda promoted by the West, Deputy Energy Minister Pavel Sorokin said on Friday. His comments could be a precursor for potential clashes at the COP29 U.N. climate summit, which is due to take …

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Russia Ready to Take Nord Stream Blasts Issue to Court

By Reuters MOSCOW, Sept 28 (Reuters) – Russia is ready to take the case of the Nord Stream pipeline explosions to court if the West fails to investigate the matter, its foreign ministry said on Saturday. The multi-billion dollar Nord Stream 1 and 2 pipelines transporting gas under the Baltic Sea were ruptured by a series …

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TotalEnergies Buys More Gas Assets in Texas to Boost Value Chain

France’s TotalEnergies expands its natural gas footprint in the United States through a deal reached with Lewis Energy Group to acquire a 45% stake in some dry gas producing assets in the Eagle Ford basin in Texas, the company said on Friday. WHY IT’S IMPORTANT TotalEnergies’ is one of the top exporters of U.S.-made Liquified …

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U.S. Natgas Prices Hold Near 3-Month High as Helene Batters U.S. Southeast

U.S. natural gas futures held near a three-month high on Friday as Hurricane Helene battered the U.S. Southeast after causing Gulf of Mexico producers to cut output and millions of power outages in Florida, Georgia and the Carolinas. On its first day as the front-month, gas futures for November delivery on the New York Mercantile …

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Why Europe Can’t Give Up Russian Gas Despite Sanctions Over Ukraine

Three years ago, Russia was the world’s biggest exporter of natural gas and Europe was its top customer. For the continent’s leaders, access to all that cheap Russian energy outweighed any misgivings over doing business with President Vladimir Putin. Then Russia launched its full-scale invasion of Ukraine, and this overwhelming reliance on a single supplier suddenly …

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Powering AI Leapfrogs Climate Concerns

It’s become clear there’s not enough low-carbon energy to satisfy data centers’ needs, and natural gas will be key.   It’s Climate Week in New York, and dominating the conversation has been the apparently insatiable appetite of artificial intelligence for power. The subject has been much in the news. Just last week, we learned that the infamous Three Mile …

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