Regulatory pressure from the EU and international sanctions aren’t the only worries for Gazprom – the Russian state-controlled natural gas giant also faces increasing competition in the marketplace, in particular from Qatar, The New York Times reports.
BRUSSELS (AP) — The European Union on Wednesday opened an antitrust case against Russia's state-controlled Gazprom energy giant amid worsening relations between Brussels and Moscow.
EU Competition Commissioner Margrethe Vestager said that Gazprom's behavior in central and eastern European member states, where it sometimes almost fully controls the gas market, could amount to an abuse of its dominant position.
WASHINGTON (AP) — The Supreme Court ruled Tuesday that energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California's energy crisis.
The justices on Tuesday ruled 7-2 against American Electric Power Co., Duke Energy Co. and other natural gas traders arguing that federal law precludes state law claims.
WASHINGTON (AP) — With real-time monitors, scientists have linked a swarm of small earthquakes west of Fort Worth, Texas, to nearby natural gas wells and wastewater injection.
In 84 days from November 2013 to January 2014, the area around Azle, Texas, shook with 27 magnitude 2 or greater earthquakes, while scientists at Southern Methodist University and the U.S. Geological Survey monitored the shaking. It's an area that had no recorded quakes for 150 years on faults that "have been inactive for hundreds of millions of years," said SMU geophysicist Matthew Hornbach.
FRESNO, Calif. (AP) — A gas pipeline that exploded at a sheriff's gun range in Central California, injuring 11 people, had been inspected twice in April for gas leaks, and no leaks were found, Pacific Gas & Electric Co. said Sunday.
PG&E said its crews did a ground survey of the pipe on April 1 and an aerial survey on April 16.
The United States is on track to become a net energy exporter by 2030 while keeping its energy-related carbon emissions below 2005 levels - even without new regulations on power plant emissions, a new report says.
The Energy Information Administration's 2015 Annual Energy Outlook, which forecasts trends through 2040, projected that under several scenarios the U.S. would become a net natural gas exporter within the next two years.
The Interior Department is opposing legislation that would create pathways for natural gas pipelines across federal lands in the eastern United States, saying the move would limit public input on such projects, The Hill reports.
The Environmental Protection Agency is planning to release within days the controversial Waters of the U.S. rule, which is intended to clarify the agency's jurisdiction over bodies of water, The Hill reports. The rule is facing strong opposition from farm groups and Republicans.
Neither South Carolina nor Nevada appears to want nuclear waste stockpiled inside its borders, posing a challenge for Republican presidential candidates who may need to take a position on the issue while competing in those early primary states, National Journal reports.
North Dakota regulators says the clean-up of a Tesoro Corp. pipeline spill that left oil covering more than 7 acres of land in the northwest part of the state will take at least two and a-half more years, The Associated Press reports.
A smaller decline in last week’s rig count and a prediction from Goldman Sachs that U.S. producers would start ramping up production at current price levels was pressuring oil early Tuesday. West Texas Intermediate crude lost 43 cents to $59.29 a barrel in electronic trading on the Nymex, while in London Brent fell 45 cents to $65.07, Reuters reports.
Republicans and Democrats are continuing to battle in Maine over creation of a new state Department of Energy, as well as whether GOP Gov. Paul LePage should be able to appoint the head of the Efficiency Maine Trust, the Sun Journal reports.
Experts are offering fresh assessments that failures by the U.S. Army Corps of Engineers are primarily responsible for the flooding disaster that devastated New Orleans after Hurricane Katrina, The New York Times reports.
Hoping to raise more than $2 billion, China National Nuclear Power Corp. is planning to sell nearly 3.9 billion new shares in an initial public offering, the country’s biggest domestic IPO since 2010, The Wall Street Journal reports.