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Geopolitical

The Nord Stream Pipeline Could Be Repaired Within A Year

January 22, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, The Nord Stream pipeline can be repaired within a year, but it’s unclear whether Germany would want to receive Russian natural gas at all, said Klaus-Dieter Maubach, the outgoing […]

Pipeline
Energy Crisis

Critical Leg Of Russian Pipeline Into China Complete The Daily Financial Trends

December 9, 2022 Mariel Alumit

According to a new release from construction company PipeChina, the East Route natural gas pipeline leading from Russia to China has seen a critical leg of its construction completed. The section will allow gas transit […]

Germany
Crude Oil News

Germany to take full ownership of key gas player SEFE after EC approval

November 14, 2022 Mariel Alumit

Germany is to take full ownership of key gas market player SEFE — formerly Gazprom Germania — to ensure German gas supply security, the economy ministry said Nov. 14, following EU approval of a state […]

New England
Natural Gas

Eversource asks US President Biden to intervene to avoid New England gas shortage

November 1, 2022 Mariel Alumit

The top executive of the largest New England utility urged US President Joe Biden to use emergency authority to protect against a potential natural gas shortage in the region this winter. The plea by Eversource […]

Geopolitical

First Images Of Blown Up Nord Stream Reveals 50 Meter Missing Section Of Pipeline

October 18, 2022 Allen Santos

Two subsea pipelines connecting Russia and Germany were blown up last month. The explosions were so powerful that Swedish and Danish authorities said seismic devices in the Baltic Sea region recorded the magnitude of those […]

Natural Gas
Natural Gas

Natural Gas Pipelines Would Ease New England’s Chronic Energy Woes

September 13, 2022 Mariel Alumit

Federal regulators convened to discuss New England’s historic energy reliability problems as the winter months approach, but New York politicians have repeatedly blocked pipelines that would safely carry affordable and reliable natural gas from neighboring Pennsylvania and […]

Europe
Geopolitical

Pipeline Networks in Southeastern Europe

September 9, 2022 Mariel Alumit

Europe has seen record prices for natural gas and electricity in recent months, due largely to the invasion of Ukraine by Russia, a major supplier of energy to the Continent. Southeastern Europe is particularly vulnerable […]

Pipeline
Crude Oil News

Permian Highway Pipeline Announces Final Investment Decision for Expansion Project

June 30, 2022 Mariel Alumit

HOUSTON–(BUSINESS WIRE)–Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity. “In addition, approximately 30 of Kinetik’s […]

M & A

Sources: Tug Hill Explores Sale of Natural Gas Producer THQ Appalachia, Pipeline Firm XcL Midstream

June 20, 2022 Mariel Alumit

(Reuters) — The owners of THQ Appalachia I LLC are exploring a sale of the U.S. natural gas producer that could value it at more than $5 billion, including debt, sources told Reuters on Friday. Potential bidders […]

Russia
Geopolitical

GlobalData: Western sanctions weaken oil and gas construction pipeline in Russia, Eastern Europe

June 16, 2022 Mariel Alumit

The sanctions placed on Russia because of the Russia-Ukraine conflict have led to a $237.5 billion decline in the Eastern Europe oil and gas project pipeline as restricted access to intermediate goods and international capital […]

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Tesla
Electric Vehicles

Tesla ‘spontaneously’ caught fire on highway in Sacramento County: officials

January 30, 2023

SACRAMENTO, Calif. (KRON) — A Tesla was in flames after the car’s battery compartment “spontaneously” caught fire on Highway 50, the Sacramento Metropolitan Fire District said on Twitter. Crews used approximately 6,000 gallons of water to […]

Energy Storage

Zinc8 gets $9-million grant to establish zinc-air battery production facility in New York State

January 29, 2023

​Canada’s zinc-air battery developer Zinc8 Energy Solutions (CSE: ZAIR, OTC: ZAIRF) has been approved for a grant from Empire State Development of up to $9 million as an incentive for the company to establish its […]

Big Oil Companies

White House Kicks Around Big Oil Stock Buybacks Again as Chevron Profits Double – Windfal Profits Taxes Will Cost Consumers

January 29, 2023

WASHINGTON, Jan 27 (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using profits to pay shareholders instead of boosting supply, after Chevron Corp (CVX.N) said […]

Big Oil Companies

Chevron Falls After Posting Disappointing Quarterly Result

January 29, 2023

Chevron Corp. posted disappointing fourth-quarter results, just days after surprising investors with a mammoth $75 billion share-buyback program, as the oil giat disclosed a surprise jump in corporate costs.Profit excluding one-time items was $4.09 a […]

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