WASHINGTON (AP) — Congress sent President Barack Obama a bill on Tuesday to provide $1 billion in loan guarantees to cash-poor Ukraine and punish Russia for its bold annexation of part of the former Soviet republic.
Russia's incursion into Crimea caused a deep rift between Moscow and Washington and the bill, passed with bipartisan support, was a way for Congress to denounce Russia's move and express support for Kiev.
The House voted 378 to 34 for the bill, which also is aimed at discouraging any further actions that President Vladimir Putin might be contemplating in the region.
Gazprom CEO Alexei Miller met with European Union Energy Chief Günther Oettinger to discuss the security of the EU's natural gas supply amid increased tensions stemming from the crisis in Ukraine, The Wall Street Journal reports.
Dow Chemical, one of the most outspoken opponents of exporting natural gas, indirectly owns a stake in an export terminal under development in Texas, through Freeport LNG Development, according to E&E, a stake analysts theorize lets the company hedge its bets in a rapidly changing sector.
RALEIGH, N.C. (AP) — Duke Energy Corp. and Piedmont Natural Gas Company Inc. said Tuesday they want to invest in a new natural gas pipeline into North Carolina that can deliver more of the cheap fuel to customers and especially to new power plants run by the country's largest electricity company.
The two Charlotte-based companies said they are shopping for proposals to build a pipeline that could start delivering fuel to Duke's electric power plants and other businesses beginning in late 2018. The companies expect to select a proposal by late this year.
A large explosion rocked a natural gas processing plant on the Washington-Oregon border Monday, injuring five workers, causing about 400 people to evacuate from nearby farms and homes, and emitting a mushroom cloud of black smoke that was visible for more than a mile.
The 8:20 a.m. blast at the Williams Northwest Pipeline facility near the Washington town of Plymouth, along the Columbia River, sparked a fire and punctured one of the facility's two giant storage tanks for liquefied natural gas.
Oil and gas drillers in Texas, Colorado and Pennsylvania are faced with a shortage of sand they need for their fracking operations, caused by the frigid winter in Wisconsin, the source of it, The Wall Street Journal reports.
ONEONTA, N.Y. (AP) — The Federal Energy Regulatory Commission is holding public meetings this week to gather feedback on the draft Environmental Impact Statement for the proposed Constitution Pipeline.
The 124-mile-long underground pipeline would carry natural gas from northern Pennsylvania across New York's Southern Tier to connect with other pipelines in Schoharie County serving Northeast markets.
MOSCOW (AP) — Russia on Tuesday sharply hiked the price for natural gas to Ukraine, raising the heat on its cash-strapped government, while Ukrainian police moved to disarm members of a radical nationalist group after a shooting spree in the capital.
Alexei Miller, the head of Russia's state-controlled Gazprom natural gas giant, said Tuesday that the company has withdrawn December's discount that put the price of gas at $268.50 per 1,000 cubic meters and set the price at $385.50 per 1,000 cubic meters for the second quarter.
CHEYENNE, Wyo. (AP) — Wyoming Oil and Gas Supervisor Grant Black announced his resignation Monday after less than a year on the job, and the state Oil and Gas Conservation Commission named an interim oil and gas supervisor to replace him.
What prompted Black's resignation wasn't clear. He didn't return messages seeking comment, and commission officials declined to comment on any reasons he might have given.
In an Environment and Public Works Committee hearing Wednesday, Republican Sens. John Barrasso of Wyoming and David Vitter of Louisiana criticized Environmental Protection Agency Administrator Gina McCarthy over charges that the Natural Resources Defense Council was the driving force behind the EPA’s rule limiting carbon emissions from existing power plants, but McCarthy replied that was a “discredit” to the hard work of her staff, E&E reports.
Madelyn Creedon, formerly assistant secretary of Defense, has received Senate confirmation to become the principal deputy administrator in the Energy Department’s National Nuclear Security Administration, the number two post in the NNSA, National Journal reports.
It’s unlikely any legislation to get states like Louisiana a bigger share of oil and gas revenue will be moving through the Senate anytime soon, and Energy and Natural Resources Committee chair Sen. Mary Landrieu, D-La., was realistic about the hurdles when she spoke about the issue Tuesday, E&E reports.
Freeport-McMoRan Inc. considers its best prospects for growth to be in deep water oil and gas fields in the Gulf of Mexico, vice chairman Jim Flores said Wednesday, adding that the company will likely sell off up to $5 billion worth of land-based assets to help pay for it, Bloomberg reports.
Looking back on the failed attempt to repeal the renewable portfolio standard in the state legislature’s recent session, Gov. Sam Brownback, R-Kan., on Wednesday reaffirmed his support for wind energy and urged a compromise between supporters and opponents of renewables, The Wichita Eagle reports.
Southern Company CEO Tom Fanning told reporters Wednesday that his company –- which is already building two new nuclear reactors in Georgia -– hopes to announce plans before the end of 2014 for more nuclear construction using the same AP1000 reactor design, Platts reports.
A Harris poll conducted for the American Petroleum Institute found 68 percent of those surveyed support offshore drilling, and Americans likewise back an increase in oil and gas production, FuelFix reports.
The Department of Energy loan program designed to encourage advanced technologies has around a 2 percent default rate and has used only 10 percent of a mandated reserve fund, Energy Secretary Ernest Moniz said Wednesday, The Hill reports.