Archive for the ‘Gas’ Category

“Averting climate change catastrophe is affordable, says IPCC report.”

April 13, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

Guardian: “Catastrophic climate change can be averted without sacrificing living standards, according to a landmark UN report published on Sunday. It concludes the transformation required to a world of clean energy and the ditching of dirty fossil fuels is eminently affordable.”

“UN urges huge increase in green energy to avert climate disaster.”

April 13, 2014 Clean Energy, Climate, Coal, Finance, Gas, Nuclear, Oil

Guardian: “Mitigation of Climate Change, by the UN’s Intergovernmental Panel on Climate Change (IPCC), a panel of 200 scientists, will make it clear that by far the most realistic option for the future is to triple or even quadruple the use of renewable power plants.” (more…)

Fracking regulations tighten in Ohio as earthquake link is made.

April 11, 2014 Gas

Guardian: “State geologists in Ohio have for the first time linked earthquakes in a geologic formation deep under the Appalachians to gas drilling, leading the state to issue new permit conditions in certain areas that are among the nation’s strictest.”

Putin warns EU he may be about to turn off the gas.

April 11, 2014 Gas

FT: “Vladimir Putin warned that Russia was poised to halt gas supplies to Ukraine – placing European customers in jeopardy – unless immediate action was taken to resolve Kiev’s unpaid bills.”

“We need an apartheid-style boycott to save the planet”: Archbishop Tutu.

April 10, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

Desmond Tutu in the Guardian: “Twenty-five years ago people could be excused for not knowing much, or doing much, about climate change. Today we have no excuse. No more can it be dismissed as science fiction; we are already feeling the effects.”

Idea of US gas exports saving EU from dependency on Russia is “nonsense”.

April 10, 2014 Gas

FT: “The head of Cheniere Energy, which is due to become the US’s first new natural gas exporter next year, said the ability of US energy to save Europe from its dependence on Russian supplies had been overstated.”

Nafeez Ahmed reviews Energy of Nations, Part 2: “Could he be right?”

April 9, 2014 Change for Good, Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Nuclear, Oil

Nafeez Ahmed in the Guardian: “In The Energy of Nations: Risk Blindness and the Road to Renaissance, Dr Jeremy Leggett – a former oil geologist and government adviser on renewable energy – warns of the risk of an imminent global oil crash as early as next year, and no later than 2020. In my first post on Leggett’s new book, I focused on his analysis of our “risk blindness.” But despite his trenchant and uncompromising stance on the potentially catastrophic consequences of business as usual, Leggett is no doomer.”

BT, Shell and other corporates call for trillion tonne carbon cap.

April 8, 2014 Climate, Coal, Gas, Oil

Guardian: “Unilever, Shell, BT, and EDF Energy are among 70 leading companies today calling on governments across the globe to step up efforts to tackle climate change.”

Giant Kashagan oilfield could be out of production for two years.

April 7, 2014 Gas, Oil, Top Ten Signposts to Energy Crisis

Mark Lewis, Kepler Cheuvreux, e-newsflash reproduced with permission (no url): “It has been reported by Quartz overnight that the super-giant  Kashagan oilfield in the northern Caspian sea “will be out of production for at least two years”. The shutdown has been necessitated by leaks of toxic gas from a pipeline, with Quartz reporting that two new pipelines will now be required to replace the two existing oil and gas pipelines.”

“Energy complaints reach highest level ever recorded.”

April 7, 2014 Coal, Gas, Oil

Guardian: “Energy complaints in the first quarter of 2014 more than tripled compared to the same period last year to their highest level ever recorded, the energy sector’s ombudsman said on Monday.”

Fears of new gas war as Ukraine refuses to pay Gazprom for price hike.

April 6, 2014 Gas

Guardian: “The prospect of a new gas war between Russia and Ukraine drew closer at the weekend as the government in Kiev said it would refuse to pay for gas at a new, inflated price set by Gazprom last week. The dispute comes as tensions in eastern Ukraine remain high, with pro-Russian protesters in two cities storming government buildings on Sunday.”

Frackers to drill on old munitions site in UK.

April 4, 2014 Coal, Gas, Oil

Guardian: “A leading fracking firm is to start drilling on the former site of a huge explosive factory, in a decision described as “beyond comprehension” by the local MP.”

“No fool like an old fuel”: latest Leggett column in Recharge.

April 3, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil
Recharge magazine: “Shell’s 2013 annual report includes an interesting statement about the company’s potential death. “Over time, we expect that a growing share of our CO2 emissions will be subject to regulation and result in increasing our costs,” it reads.”

Exxon, dismissing risk of carbon stranded assets, accused of naivety.

April 1, 2014 Climate, Gas, Oil

Mark Lewis of Kepler Cheuvreux (e-mail circular, no url): “Exxon downplays climate-policy risk to its portfolio saying all its hydro-carbon reserves will be needed.”

EPA to assess methane leakage from US gas industry operations.

March 28, 2014 Climate, Gas

Guardian: “The White House on Friday opened the way to cutting emissions of methane from the oil and gas industry, saying it would study the magnitude of leaks of the powerful greenhouse gas.”

Ofgem to launch full investigation into Big 6, possibly leading to breakup.

March 27, 2014 Clean Energy, Coal, Gas, Nuclear

Guardian: “Britain has been warned that it faces an energy investment freeze and a heightened risk of blackouts after the industry watchdog called for the deepest ever investigation into the big six power suppliers.”

EU leaders ask Obama for US “shale gas bonanza” exports.

March 26, 2014 Gas, Oil

Guardian: “European leaders on Wednesday asked Barack Obama to share the US’s shale gas bonanza with Europe by facilitating gas exports to help counter the stranglehold Russia has on the continent’s energy needs.”

Cameron: fracking is “good for UK”, energy independence is “our duty”.

March 26, 2014 Gas

Guardian: “Fracking will be “good for our country”, David Cameron said as he blamed a “lack of understanding” about the process for some of the opposition to shale gas.”

US Congress experts tout LNG exports to punish Putin for Crimea.

March 25, 2014 Gas

Guardian: “Congress moved to punish Vladimir Putin for the annexation of Crimea on Tuesday by expanding America’s exports of natural gas to challenge Russia’s energy dominance. In the first of three hearings on natural gas exports this week, the Senate energy committee was told repeatedly that exporting US gas to Europe – or even Asia – would end Putin’s “energy blackmail” by lowering prices and providing an alternative to Russia as Europe’s big energy supplier.”

Oil & Gas Journal: $35bn writedowns in shale raise “financial questions”.

March 25, 2014 Gas, Oil

Oil & Gas Journal: headline: Financial questions seen for US shale gas, tight-oil plays. “Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the author of a March comment published by the Oxford Institute for Energy Studies (OIES).”