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Tag Archives: natural gas
Troubled Gas Firm Drops Request to Dodge Drilling Limits Near New Mexico’s Methane Hot Spot
Troubled Gas Firm Drops Request to Dodge Drilling Limits Near New Mexico’s Methane Hot Spot Today, one of New Mexico’s largest oil and gas producers, Hilcorp Energy, dropped its recently filed request to increase the number of wells it can drill or frack in the San Juan Basin, already home to tens of thousands of gas […]
Permian Growth Is Reaching Its Limits
Permian Growth Is Reaching Its Limits The Permian isn’t just suffering from a bottleneck for oil, but also for natural gas. In 2016, for instance, gas flows leaving the Permian typically clocked in at about 3.6 billion cubic feet per day (Bcf/d), according to S&P Global Platts. That number has ballooned to 6.3 Bcf/d as […]
Stunning drops in solar, wind costs mean economic case for coal, gas is ‘crumbling’
Stunning drops in solar, wind costs mean economic case for coal, gas is ‘crumbling’ Things are only going to get tougher for gas and coal compared to renewables. SOLAR POWER PRICES ARE DROPPING AT RECORD RATES. CREDIT: ACERA. Prices for solar, wind, and battery storage are dropping so rapidly that renewables are increasingly squeezing out […]
Europe’s Biggest Gas Field To Close Over Quake Risk
Europe’s Biggest Gas Field To Close Over Quake Risk Europe’s biggest gas field–Groningen in the north of the Netherlands–has been pumping gas for more than half a century and supplies gas to 98 percent of the Dutch population. But the field has been causing earthquakes that have become a growing concern for residents and authorities. […]
Germany Approves Russia-Led Nord Stream 2 Gas Pipeline
Germany Approves Russia-Led Nord Stream 2 Gas Pipeline Germany approved on Tuesday the construction and operation of the Russia-led Nord Stream 2 gas pipeline in its territorial waters, thus issuing all necessary permits for the German section of the project that has torn Europe and EU member states over the implications of Russia’s gas giant […]
Aliso Canyon Disaster Highlights Risks, Inadequate Safety Rules Governing Natural Gas Storage
Aliso Canyon Disaster Highlights Risks, Inadequate Safety Rules Governing Natural Gas Storage A recent report spearheaded by researchers at the University of Southern California blames the largest greenhouse gas leak in U.S. history on dysfunctional management and poor regulatory oversight. Southern California Gas (SoCalGas) is the company that operates the Aliso Canyon natural gas storage facility near the Los […]
Why Natural Gas Prices Will Rise This Summer
Why Natural Gas Prices Will Rise This Summer Record production of natural gas is snuffing out any price rally that might have occurred from the bout of cold weather this winter. The gas market saw a jolt at the end of December and in early January due to extremely cold temperatures across much of the […]
Energy Externalities Day 2: Gas-fired-CCGT
Energy Externalities Day 2: Gas-fired-CCGT Day 2 of The Energy Externality Game and we are assessing gas fired power generation using a combined cycle gas turbine (CCGT). In scoring gas we need to take into account the whole of the gas exploration and supply side of the business (which is complex, see below), transportation of gas […]
Natural Gas Is Under Attack
Natural Gas Is Under Attack Natural gas has been billed as the key “bridge fuel” that will help the energy transition, replacing coal while buying time for renewable energy to scale up. However, even as gas is triumphing over coal in the U.S., it is increasingly under attack by policymakers. Gas claims a carbon emissions […]
UK Gas Crisis: Out Of The Frying Pan Into The Fire
UK Gas Crisis: Out Of The Frying Pan Into The Fire For the ministers and officials assembled, it was an embarrassment all around. Late last week, as we were at the annual Windsor Energy Consultation (WEC) just outside London, British Gas Plc confirmed that the nation was facing a natural gas shortage as freezing temperatures grip the country. […]
Dr. Charles Hall: The Laws Of Nature Trump Economics
Dr. Charles Hall: The Laws Of Nature Trump Economics It’s all about Energy Retun On Energy Invested (EROEI) Dr. Charles Hall may not be a name you instantly recognize, but it should be. Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is a rigorous researcher of energy, oil, biophysical […]
Ukraine Freezes After Russia Halts Gas Deliveries
Ukraine Freezes After Russia Halts Gas Deliveries Last week, Russia’s state-run gas giant and quasi-monopolist when it comes to European natgas supplies, Gazprom, announced it would not restart shipments of natural gas to Ukraine’s Naftogaz starting March 1 after the two sides failed to reach an agreement, Gazprom deputy chairman, Alexander Medvedev, told journalists. Russian […]
Momentous Shift in US Natural Gas, with Global Consequences
Momentous Shift in US Natural Gas, with Global Consequences And this is just the beginning. The year 2017 was when the US became a net exporter of natural gas for the first year in history. The production of natural gas has been surging since 2007, when fracking turned into a boom, whittling away at the […]
Natural gas sets the stage for an armed conflict in the East Mediterranean
Natural gas sets the stage for an armed conflict in the East Mediterranean The efforts of individual countries to access the gas fields in the south-eastern part of the Mediterranean make the area very vulnerable to new conflicts and war and can also lead to a dispute within NATO and affect Europe’s energy security, putting […]
China Is Erasing The Gas Glut
China Is Erasing The Gas Glut China and other countries in Southeast Asia are helping erase the LNG glut, which was thought to last well into the next decade. China is in the midst of a radical overhaul of how many of its citizens heat their homes. The government has made an aggressive push to […]
