A pipeline bringing natural gas from Central Asia to eastern cities—including Hong Kong—was shut down after a landslide in Shenzen Sunday, but China National Petroleum Corp., denied reports there had been an explosion, The Wall Street Journal reports.
BRUSSELS (AP) — European Union leaders raised objections on Friday to a massive new pipeline project that would pump natural gas directly from Russia to Germany, claiming that the scheme would break EU laws.
The Nord Stream 2 project would expand the current Nord Stream pipeline under the Baltic Sea which directly links Germany to natural gas reserves in Siberia.
Disagreement over Nord Stream 2, a pipeline proposed to bring Russian gas into Germany through the Baltic Sea, is expected to surface at Thursday’s summit of European Union leaders, The Wall Street Journal reports.
HARTFORD, Conn. (AP) — Kinder Morgan Inc., the energy giant proposing gas pipelines in Northeast that have drawn opposition, is weathering another challenge — financial woes linked to falling energy prices and a steep drop in its stock price forcing it to find new sources of capital.
The Houston-based company announced Tuesday a 75 percent cut in its quarterly dividend to 12.5 cents per share to conserve cash for financing portions of its expansion projects. In addition to a $3.3 billion pipeline through western Massachusetts and southern New Hampshire sought by a Kinder Morgan subsidiary, it's also proposing a Northeast pipeline network in Connecticut, Massachusetts, New Hampshire, New York and Pennsylvania.
ASHGABAT, Turkmenistan (AP) — Leaders from Afghanistan, India and Pakistan have joined the president of Turkmenistan in breaking ground on a new pipeline intended to deliver natural gas from the energy-rich former Soviet republic to their three countries.
Turkmenistan is believed to have the world's fourth-largest gas reserves, but currently exports mainly to China.
BAKU, Azerbaijan (AP) — Turkey and Azerbaijan say they may speed up building a new natural gas pipeline, a statement that comes amid Turkey's bitter rift with Russia.
Turkish Prime Minister Ahmet Davutoglu said Thursday after talks in Baku with Azerbaijan's President Ilham Aliyev that the TANAP gas project could be completed before its original target, 2018. Aliyev said it would also serve to export Azerbaijan's gas further on to Europe.
New Hampshire's Republican Sen. Kelly Ayotte and Democratic Rep. Ann McLane Kuster are opposing Kinder Morgan’s proposed Northeast Energy Direct pipeline project, with Ayotte promising to keep saying no unless she gets answers to what she describes as unanswered questions, the Union Leader reports.
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.
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.
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.