Archive for the ‘Gas’ Category

IPCC 1990 – 2014: a quarter century of The Carbon War.

October 31, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil

Jeremy Leggett on the Greenpeace Energy Desk: “When the Intergovernmental Panel on Climate Change completed its First Assessment Report in 1990, almost a quarter of a century ago, I worked for Greenpeace as a climate campaigner.”
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US study finds dangerous airborne pollution at fracking sites.

October 31, 2014 Gas, Oil

Grist: “….we’ve started to suspect that fracking impacts the air, too, and a new study published this week in the journal of Environmental Health adds one more piece of evidence to the pile.”
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Russia, Ukraine, EU agree new gas supply deal.

October 30, 2014 Gas

Guardian: “Ukraine, Russia and the European Union signed a deal on Thursday on the resumption of Russian natural gas supplies to Ukraine for winter after several months of delay during the conflict in Ukraine.”
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Lobbyists advice to oil and gas: play “ugly” if you want to keep drilling.

October 30, 2014 Climate, Coal, Gas, Oil

NY Times: “If the oil and gas industry wants to prevent its opponents from slowing its efforts to drill in more places, it must be prepared to employ tactics like digging up embarrassing tidbits about environmentalists and liberal celebrities, a veteran Washington political consultant told a room full of industry executives in a speech that was secretly recorded.”
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Opec says 50% of US shale oil production is at risk at $85.

October 29, 2014 Gas, Oil

FT: “Opec expects a sharp reduction in higher cost production such as US shale if the price of crude oil remains around $85 a barrel.
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Shell asks US for 5 more years permission to drill Arctic Alaska.

October 28, 2014 Gas, Oil

Bloomberg: “Shell is asking the Obama administration for five more years to explore for oil off Alaska’s coast, saying set backs and legal delays may push the start of drilling past the 2017 expiration of some leases.”
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Shale begins to feature as a toxic issue for US voters.

October 28, 2014 Gas, Oil

FT: “….Passions over fracking are on the rise in America. ….the rush to extract more shale energy is bringing industrialisation to picturesque ruraltowns and densely built city suburbs, where horrified residents say fracking is anything but clean.”
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BHP to sell one of its US shale gas assets.

October 27, 2014 Gas

SMH: “BHP Billiton’s patience with the most gassy parts of its US shale business appears to be waning, with the company indicating it may soon sell one of the assets it bought during its $US20 billion ($22.7 billion) buying spree in 2011.”
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Doubt in U.S. Government forecasts for a lasting tight oil & shale gas boom.

October 27, 2014 Gas, Oil

Post Carbon Institute: “A new report from the analyst who predicted the vast downgrade of available oil resources in California’s Monterey Shale calls into question optimistic government forecasts and industry claims about U.S. energy independence and the viability of oil and natural gas exports.”
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“15 Big Oil sell signals that warn of a 50% stock crash.”

October 24, 2014 Climate, Finance, Gas, Oil

Paul B. Farrell, MarketWatch: “Big Oil investors beware: “The day of the huge international oil company is drawing to a close,” warned the Economist last year. Since then, Big Oil sell signals have gotten louder, more frequent, confirming fears of a crash in Big Oil, in the entire energy industry, rippling through Wall Street stocks, the global economy.”
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EU leaders agree to cut greenhouse gas emissions by 40% by 2030.

October 24, 2014 Clean Energy, Climate, Coal, Gas, Oil

Guardian: “European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global climate talks in Paris next year were left vague or voluntary, raising questions as to how the aims would be realised.”
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Eastern Europe contemplates prospect of winter without gas.

October 24, 2014 Gas

Bloomberg: “As winter approaches, former Soviet satellite nations from Poland to Bulgaria are watching Russia and Ukraine’s stalled gas negotiations with growing trepidation.” (more…)

Climate and clean energy now in top 3 US electoral ad issues.

October 23, 2014 Clean Energy, Climate, Coal, Gas, Oil

Tree Alerts (no url): “Climate and energy issues now rank in the top three issues mentioned in electoral ads as the midterm elections near in the US.”
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Norway’s Arctic oil ambitions threatened by oil price-slump.

October 23, 2014 Gas, Oil

Bloomberg: “Norway’s push to exploit Arctic waters for oil, already denounced by environmentalists, is now under threat from the slump in crude prices.”
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Gas boss calls for “reconciliation” between gas and renewables industries.

October 23, 2014 Gas, Oil

FT: “Natural gas demand in Europe is likely to remain weak for almost two decades, according to the chief economist at the International Energy Agency, casting doubt on the continent’s ability to diversify its energy supplies and achieve climate change goals at an affordable cost.”
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“Shale boom’s allure to Wall Street tested by bear market.”

October 23, 2014 Gas, Oil

Bloomberg: “Falling oil prices are testing investors’ commitment to the Wall Street-funded shale boom.”
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Oil producers cramming wells in risky push to extend shale boom.

October 22, 2014 Gas, Oil

Bloomberg: “U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.”
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US shale drillers are using benzine in fracking liquids.

October 22, 2014 Gas, Oil

Bloomberg: “Some oil and gas drillers are using benzene, which can cause cancer, in the mix of water and chemicals they shoot underground to free trapped hydrocarbons from shale rock, an environmental watchdog group said today.”
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New Yorkers support fracking moratorium & clean energy: poll.

October 22, 2014 Gas, Oil

REW.com: “Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.”
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$80 oil muffles forecasts for U.S. shale boom.

October 21, 2014 Gas, Oil

Bloomberg: The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth. The U.S. benchmark price dropped to $79.78 a barrel on Oct. 16, the lowest since June 2012.”
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