Natural Gas

Gazprom facing political, market challenges

Source: 
The New York Times

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.

EU opens antitrust case against Russia's Gazprom gas giant

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.

52 jobs to go as Linn Energy closes Denver office

Source: 
Denver Business Journal

Two years after merging with Denver-based Berry Petroleium Corp., Linn Energy is shutting its office in Colorado’s capital, Denver Business Journal reports.

High court: Energy companies must face price fixing claims

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.

Oil

Employers cut jobs in 31 US states as growth slows

WASHINGTON (AP) — Employers in 31 U.S. states cut jobs last month as weak economic growth weighed on hiring and a slowdown in oil and gas drilling caused big job losses in some states.

The Labor Department said Tuesday that unemployment rates rose or were unchanged in 27 states and fell in 23 states. Eighteen states gained jobs, while employment was unchanged in Idaho.

Study links swarm of quakes in Texas to natural gas drilling

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.

More drilling meant more emissions in Pennsylvania, but methane declines

Source: 
Pittsburgh Post-Gazette

Emissions from Pennsylvania’s growing natural gas industry increased in 2013 in most categories, although methane emissions declined, according to the state’s Department of Environmental Protection.

Utility: No leaks found in California gas line that exploded

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.

Routine flaring to end at thousands of sites by 2030

Source: 
The Wall Street Journal

Routine flaring of natural gas will end by 2030 under a pledge by 25 major oil companies, oil-producing countries and international institutions, The Wall Street Journal reports.

Adam Sieminski/EnergyGuardian Photo
Oil

EIA: U.S. becoming net energy exporter, emissions staying below 2005 levels

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.

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