Tag: gas

Saudi Aramco CEO Says Oil Will Dominate over Renewables for Decades

Demand for oil and gas will continue to grow for the next few decades and any fall in capital investment for the industry will cause "spikes" in prices and affect the global...

Alexey Miller’s Speech about Gazprom Results

Beside wide analysis of 2016. year, Mr Alexey Miller at the end of last year stressed some facts at the internal meeting in Gazprom. Over the course of 2016, the working gas...

Barack Obama Bans Oil and Gas Drilling in Most of Arctic and Atlantic Oceans

Obama uses law that allows presidents to block sale of new offshore drilling and mining rights and makes it difficult for their successors to reverse decision. Barack Obama has permanently banned new oil...

Australia’s Energy Transmission Industry Calls for Carbon Trading

Australia’s electricity and gas transmission industry is calling on the Turnbull government to implement a form of carbon trading in the national electricity market by 2022 and review the scope for economy-wide...

Report: China Risks Wasting $500bn On Unneeded Coal Plants

China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country's pursuit of a lower carbon...

Oil and Gas Companies in North America Less Green Than Those in EU

Oil and gas companies in North America are lagging behind their European counterparts in cleaning up their operations, new research has found, with higher greenhouse gas emissions and less investment in clean...

Program of metrological support for Gazprom’s operations approved for 2017–2021

The Gazprom Management Committee approved the Comprehensive Targeted Program of metrological support for the Company's operations between 2017 and 2021. The Program is aimed at further improving the quality of metering Gazprom's gas...

Holding the line

The issue that currently dominates the outlook for the oil market is the outcome of OPEC’s ministerial meeting in Vienna on 30 November. It has only been two months since OPEC last...

DONG Energy Confirms Sale of Oil and Gas Arm to Focus on Renewables

Danish energy giant DONG Energy has confirmed plans to sell its oil and gas business as part of the company's "strategic transformation" into a global leader in renewable energy. "We have decided to...

Thassalia: France’s First Marine Geothermal Energy Power Plant Inaugurated

French utility Engie has inaugurated the nation’s first self-termed marine geothermal power station on France’s southern coast, in Marseille. The Thassalia power station will pump seawater from the Port of Marseille into...

OGCI Announces $1 Billion Investment to Accelerate Development and Deployment of Innovative Low Emissions Technologies

The Oil and Gas Climate Initiative (OGCI) announced an investment of $1 billion over the next ten years, to develop and accelerate the commercial deployment of innovative low emissions technologies. OGCI Climate Investments...

Dong Energy Considers Sale of Oil and Gas Assets to Focus on Windfarms

The biggest windfarm operator in the UK is considering selling its oil and gas business, four decades after it was set up to manage Denmark’s North Sea oilfields. Dong Energy, which is majority...

More Northeast Natural Gas Pipeline Capacity Brings Questions

Led by the surge in Appalachia’s Marcellus and Utica plays, U.S. natural gas production has increased over 50% since 2005 and related infrastructure to move the gas has become short. This is...

Onshore Windfarms more Popular than Thought, UK Poll Finds

Public support for onshore windfarms is far higher than widely believed, according to a new opinion poll, even in rural areas. Wind turbines are also far more popular than fracking or nuclear power,...

Annual Implementation Report 2016: Contracting Parties Put into Action Energy Union Objectives

The Secretariat’s Annual Implementation Report published today outlines the progress achieved by the Energy Community Contracting Parties in implementing the acquis communautaire under the Energy Community Treaty. The current state of implementation...

Shell Starts Production at Stones in the Gulf of Mexico

Shell announces recently  that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day  when fully ramped...

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