Natural Gas

Ukraine: Rebels control Debaltseve, natural gas an issue

DEBALTSEVE, Ukraine (AP) — Rebel fighters, many of them Cossacks, roamed the streets of Debaltseve on Thursday, a day after Ukrainian forces began withdrawing from the besieged town. The mood was celebratory, with fighters laughing, hugging each other and posing for photos.

Associated Press journalists drove Thursday around about half of the key rail hub that has been the focus of weeks of fighting in eastern Ukraine between Russia-backed separatists and government troops. They found all its neighborhoods under the control of rebel fighters.

Ukraine raised the pressure on the separatists Thursday by cutting off shipments of natural gas to the area. The national gas company Naftogaz said the cutoff was due to significant damage to gas transit infrastructure.

Quicksilver talking to creditors, eyeing Chapter 11


Quicksilver Resources, a gas exploration and production company based in Fort Worth, says it hasn’t made a $13.6 million interest payment due on its debt, and will seek Chapter 11 bankruptcy protection if it can’t reach an agreement with creditors, Platts reports.

New EU antitrust chief preparing action against giants including Gazprom

The Wall Street Journal

The EU’s antitrust division has been investigating a case involving Russia’s Gazprom for two and a-half years, and its new chief, Margrethe Vestager, is about ready to move against the Russian gas giant, she told The Wall Street Journal in an interview.

Rush to pile into LNG projects may be over

The Wall Street Journal

Lower prices may have dried up interest in financing new LNG export projects that would take billions to get up and running, panelists said at an event in New York this week, The Wall Street Journal reports.


US factory output rose a modest 0.2 percent in January

WASHINGTON (AP) — U.S. factory production edged up last month as manufacturers cranked out more computers, clothing and steel and other metals, offsetting declines in autos and aerospace.

Factory production increased 0.2 percent in January after a flat reading in December, the Federal Reserve said Wednesday. December's reading was revised down from a 0.3 percent gain. The data suggests manufacturing is still supporting the economy, even though it is growing at a weaker pace than last year.

Dutch report: Authorities put gas revenue ahead of safety

THE HAGUE, Netherlands (AP) — An independent report into natural gas drilling that has triggered a rash of small earthquakes in the northern Netherlands says energy companies and the government put production ahead of people's safety in their decision making.

The Dutch Safety Board came to the conclusion in a report published Wednesday that was prompted by dozens of small but damaging earthquakes caused by gas drilling that have rocked the northern province of Groningen for years, causing structural damage to buildings across the region.

Hungary says agreement reached on new gas deal with Russia

BUDAPEST, Hungary (AP) — Hungary on Tuesday reached a "political agreement" with Moscow on a new gas deal, Prime Minister Viktor Orban's main objective while hosting Russian President Vladimir Putin.

Orban, who said only "technical" details needed to be finalized on the deal after his meeting with Putin, also advocated vigorously for "cooperation and good relations" between Europe and Russia.

Texas propane should hit Belgium Sunday: Report


The Nederland export terminal in Texas – the Mariner South project that’s a joint effort by Sunoco Logistics and Lonestar NGL – should see its first propane exports arrive in Belgium on Sunday, as the ship that is carrying the cargo left port more than a week ago, sources told Platts.

Chesapeake Energy sues founder, former CEO McClendon

OKLAHOMA CITY (AP) — Oklahoma City-based Chesapeake Energy Corp. is suing its founder and former CEO Aubrey McClendon and his new company for allegedly taking sensitive trade secrets when he resigned from Chesapeake two years ago.

McClendon and his new company — American Energy Partners — call the allegation meritless and say McClendon left Chesapeake with an agreement that he would receive "extensive" information on land, wells and other matters.

Court upholds Ohio's power to regulate oil and gas drilling

COLUMBUS, Ohio (AP) — Certain local zoning laws aimed at limiting fracking can't be used to circumvent the state's authority over oil and gas drilling, a fiercely divided Ohio Supreme Court ruled Tuesday.

In a 4-3 decision with three written dissents, the high court said that the home rule clause of Ohio's constitution doesn't allow a municipality to block drilling activities otherwise permitted by the state.


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