A day after Kinder Morgan moved to take half ownership of debt-ridden Natural Gas Pipeline Company of America, its credit outlook was shifted to negative by Moody’s, signaling a possible future downgrade, FuelFix reports.
MOSCOW (AP) — Tensions between Russia and Ukraine escalated further on Wednesday as Ukraine decided to stop buying Russian natural gas — hoping to rely on supplies from other countries — and closed its airspace to its eastern neighbor.
Russia's annexation of Crimea from Ukraine in March 2014 and its support for separatist rebels in the east brought relations between the two countries to a post-Soviet low. The fighting between Russia-backed rebels and government forces in eastern Ukraine killed more than 8,000 people and left parts of Ukraine's industrial heartland in ruins. Ukraine still has no access to the territories under rebel control as well as hundreds of kilometers of the Ukrainian border with Russia.
LOS ANGELES (AP) — A utility trying to stop a monthlong leak at a massive natural gas storage facility near a Los Angeles neighborhood said it planned to use a mist to mask the sickening stench as work continues — possibly for three more months — to plug the well.
Southern California Gas Company officials told county supervisors Tuesday that the substance is safe and would neutralize the rotten-egg smell that has led to more than 660 complaints by residents to the air board about nausea, headaches and dizziness.
The paperwork for the Northeast Energy Direct project—Kinder Morgan's $5 billion pipeline to move natural gas from the Marcellus Shale to the Northeast—has advanced from pre-filing to full application status at the Federal Energy Regulatory Commission, E&E reports.
LOS ANGELES (AP) — Dozens of Los Angeles County residents who say an uncontrolled leak from a massive natural gas storage field is making them sick plan to speak at a county Board of Supervisors meeting Tuesday and demand a full investigation of the leak, its causes and possible solutions.
The planned testimony comes as the leak near Porter Ranch has persisted for a month.
NICOSIA, Cyprus (AP) — A move by British oil and gas company BG International to buy a stake in Cyprus' offshore mineral deposits is an important step forward for the country's plans to supply Egypt with natural gas, the east Mediterranean island's energy minister said Monday.
Yiorgos Lakkotrypis said U.S. company Noble Energy has cut a deal with BG International for a 35 percent stake in an area, or block, where a field estimated to contain more than 4 trillion cubic feet of gas has been found.
Pioneer Natural Resources is the second U.S. firm, after Enterprise Products, to begin exploring how to take advantage of the end of the U.S. oil export ban and could begin shipments by the middle of next year, The Hill reports.
Two competing initiatives designed to give Florida residents a constitutional right to rooftop solar energy are running out of time without enough signatures yet to make next November's ballot, the Naples Daily News reports.
SolarCity CEO Lyndon Rive joined Sen. Charles E. Schumer in Buffalo this week to call the five-year extension of a federal tax subsidy "super important" to the continued growth of the solar power industry, The Buffalo News reports.
Continued concerns about oversupply forced oil prices downward early Wednesday, nearing an 11-year low already reached once this week. London Brent fell 31 cents to $37.05 a barrel while U.S. crude remained unchanged at $37.50, Reuters reports.
A group of researchers at MIT, the University of California-Berkeley, and the University of Colorado have developed a new computer microchip that uses optical technology and creates the potential to make future computer data centers more energy efficient, the journal Science reports.
A Japanese court on Thursday rejected safety concerns and approved letting Kansai Electric Power, the country's second biggest utility, restart four nuclear reactors shuttered since the 2011 Fukushima disaster, Reuters reports.