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Keyword: methane

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  • Biden expected to announce stronger proposed methane regulations for oil and gas at climate conference

    11/11/2022 5:59:55 AM PST · by ChicagoConservative27 · 21 replies
    The Hill ^ | 11/11/2022 | RACHEL FRAZIN
    President Biden is expected to announce a proposal for stronger regulations on the oil and gas sector aimed at controlling emissions of a planet warming gas called methane. The stronger methane regulations are part of a slew of climate-related actions that Biden is expected to announce during his trip to the COP27 global climate summit in Egypt. The Environmental Protection Agency (EPA) projects that in 2030, the requirements would cut 87 percent of methane emissions from the pollution sources that it regulates when compared to 2005 levels. The proposal strengthens a Biden administration proposal from last year that was expected...
  • Biden tightens methane emissions rule amid push for more oil

    11/11/2022 5:01:11 AM PST · by Oldeconomybuyer · 10 replies
    The Associated Press ^ | November 11, 2022 | By MATTHEW DALY and SETH BORENSTEIN
    SHARM EL-SHEIKH, Egypt (AP) — The Biden administration is ramping up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil drilling to lower prices at the gasoline pump. The new rule by the Environmental Protection Agency follows up on a methane rule Biden announced last year at a United Nations climate summit in Scotland. The 2021 rule targets emissions from existing oil and gas wells nationwide, rather than focusing only on new wells as previous EPA regulations have done. The...
  • Current European Natural Gas Storage Data (09-NOV-2022)

    11/10/2022 9:38:13 AM PST · by SpeedyInTexas · 10 replies
    Celsius Energy ^ | 09-NOV-2022 | Celsius Energy
    European natural gas inventories rose by +16 BCF over past week. EU nat gas storage 96% full. Current inventories at 3667 BCF.
  • Report: War-triggered gas boom threatens world climate goal

    11/10/2022 7:01:02 AM PST · by Oldeconomybuyer · 16 replies
    The Associated Press ^ | November 10, 2022 | By SETH BORENSTEIN (D-AP)
    SHARM EL-SHEIKH, Egypt (AP) — The war-inspired natural gas boom is undermining already insufficient efforts to limit future warming to just a few more tenths of a degree, a new report says. Planning and build-up of liquified and other natural gas — due to an energy crisis triggered by Russian’s invasion of Ukraine — would add 2 billion tons of carbon dioxide equivalent (1.9 billion metric tons) a year to the air by 2030. The sheer amount of liquified natural gas projects in the pipeline for construction shocked the analysts, Hare said. The report calculates that if everything planned goes...
  • Ahead Of Midterm Elections, Biden Snaps At Rally: ‘No More Drilling! There Is No More Drilling!’

    11/07/2022 5:44:09 AM PST · by Red Badger · 52 replies
    Daily Wire ^ | NOVEMBER 7, 2022 | Staff
    President Joe Biden (D) snapped at a young woman who attended a political rally that he hosted on Sunday at Sarah Lawrence College in New York for gubernatorial candidate Kathy Hochul. “No more drilling. There is no more drilling,” Biden snapped at a young woman in the crowd. “I haven’t formed any new drilling.” “There are at least five more years of offshore drilling,” the woman shouted back. “— in the Atlantic or the Pacific but in the Antarctic and off the gulf of New Mexico.” “That was before I was president,” Biden responded. “We’re trying to work on that...
  • Germany Could Run Out of Gas by February, Must Cut Consumption by Up to 30 Per Cent

    10/21/2022 6:40:00 AM PDT · by ChicagoConservative27 · 43 replies
    Breitbart ^ | 10/21/2022 | Peter Caddle
    Germany could be completely out of gas by February, the country’s gas agency has said, with some experts saying that the country needs to cut consumption by 30 per cent to make it through the crisis intact. A reduction in gas consumption of up to 30 per cent may be required if Germany wants to make it through the coming winter intact, some experts have claimed, while the country’s gas agency has expressed concern that the nation could run out of the hydrocarbon by February.
  • Rising Star Trillion Energy Ready to Supply Much Needed European Gas

    10/05/2022 9:21:24 AM PDT · by Roman_War_Criminal · 12 replies ^ | 9/27/22 | Investor Wire
    Trillion Energy International Inc. (CSE: TCF) (OTC: TRLEF) (Frankfurt: Z62) is a company in the right place at the right time as it is poised to bring on desperately needed natural gas production within weeks to the European market. With energy prices going parabolic, gas supplies cut off and the Ukraine War drags on with no end in sight, Europe is facing a long cold winter and a decade of sky-high energy pricing. Russia has indefinitely shuttered the Nord Stream Pipeline, thereby cutting off much of Europe’s natural gas supply, in retaliation for Western sanctions. The pipeline won’t flow again...
  • Protests have stymied gas production in the Netherlands that could replace most of Russia's supply to Germany

    10/17/2022 3:52:33 PM PDT · by SeekAndFind · 13 replies
    American Thinker ^ | 10/06/2022 | Thomas Lifson
    This winter may see Europeans freezing to death, unable to heat their homes as natural gas supplies dwindle. Unemployment and bankruptcies will soar, as companies find themselves unable to cover their costs due to high energy prices. Germany’s vaunted chemical industry, heavily dependent on natural gas feedstock, is likely to wither on the vine. An economic and social disaster reminiscent of the 1930s is possible. The word “deindustrialization” is becoming real.And yet, as Bloomberg reports:Beneath the windmill-dotted marshlands of the Netherlands lies Europe’s largest natural gas reserve. The sprawling Groningen field has enough untapped capacity to replace, as soon as...
  • China has stopped sales of LNG to Europe to make sure its own households have enough gas for the winter, report says

    10/17/2022 8:04:49 AM PDT · by EBH · 21 replies
    Market Insider ^ | 10/17/22
    China told state-owned natural gas importers like Sinopec and CNOOC to halt LNG sales to Europe, per Bloomberg. The order to halt resales comes as Beijing looks to protect domestic gas supplies for the winter. China has been a crucial supplier of gas to Europe as the region faces a Russia-driven energy crisis. Beijing has reportedly told state-owned natural gas importers to halt resales of cargoes to buyers in Europe and Asia, to make sure China has enough supply for domestic needs this winter. The National Development and Reform Commission has spoken to Chinese energy giants PetroChina, Sinopec and CNOOC...
  • Germany´s failing ´stored´ nat-gas & LNG experiment

    10/16/2022 1:37:53 PM PDT · by delta7 · 42 replies
    The Saker ^ | 15 Oct 22 | Jorge Vilches
    The sitting US Secretary of State very recently declared in an official press conference that the NS1 and NS2 pipeline sabotage will have “no impact on European energy resilience”… We should assume that Secretary Antony Blinken was referring to the timely supply of US LNG substitute equivalent to pipeline nat-gas now theoretically available (not) which would save the European day. With a clear smile, Blinken considered it to be a “tremendous opportunity” for the US to help Europe wean off of Russian energy… with the USA ready to be “the leading supplier (of dirty fracked seaborne LNG) to Europe”. And...
  • Europe Failed Its First Winter Energy Savings Test

    10/05/2022 9:00:14 PM PDT · by MinorityRepublican · 46 replies
    The Washington Post ^ | October 3, 2022 | Javier Blas
    If Europe was a school student, last week it sat its first exam in Energy Savings 101. It failed. And that doesn’t bode well for much tougher tests to come in January. Despite strong imports of liquefied natural gas to replace Russian shipments, Europe needs to reduce gas consumption — by a lot — if it’s going to make it through the winter. Extra supply won’t be enough. Conservation is absolutely paramount. The exact amount varies from country to country, but on average, the European Commission has suggested a 10%-15% demand reduction. Germany and a few other nations, which in...
  • Russia has shut off the gas supply to Germany indefinitely: Be Prepared for a Freezing Winter

    09/03/2022 10:12:26 PM PDT · by SeekAndFind · 134 replies
    Hotair ^ | 09/03/2022 | John Sexton
    Russia has been playing this game for months and now it seems to have reached its inevitable outcome. The gas supply flowing through the Nord Stream 1 pipeline has been completely shut off. Russia claimed this week that it was shutting the gas supply off temporarily in order to do maintenance on the line. Then it claimed it had discovered a problem which prevented it from resuming the supply. No one is being fooled by any of this anymore. Even the German company that built the machines used to pump gas through the pipeline has said Russia’s explanation makes no...
  • Dozens of LNG-laden ships queue off Europe's coasts unable to unload

    10/18/2022 7:15:00 AM PDT · by Oldeconomybuyer · 15 replies
    Reuters ^ | October 18, 2022 | By Marwa Rashad and Belén Carreño
    LONDON/MADRID (Reuters) - Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation". Europe is facing an energy supply squeeze as Russia has progressively cut gas flows after the West imposed sanctions in response to Russia's invasion of Ukraine in late February. The region has had to find alternative supplies, including LNG, but the arrival of multiple cargoes of the superchilled fuel has exposed Europe's lack of "regasification" capacity,...
  • EUROPE GAS-Prices fall on weak demand, mild weather, steady LNG arrivals

    10/18/2022 10:52:13 AM PDT · by Hamiltonian · 59 replies
    Yahoo/Reuters ^ | 18 October 2022
    LONDON, Oct 18 (Reuters) - Dutch and British wholesale gas fell on Tuesday as low demand due to warmer-than-usual weather and ample supply due to the steady arrival of liquefied natural gas (LNG) tankers put pressure on prices.The benchmark front-month Dutch contract dropped for the fifth consecutive trading day and was down 13.50 euros at 116.50 euros per megawatt hour (MWh) by 0858 GMT, the lowest level since mid-June.The British day-ahead contract fell by 23.00 pence to 35.00 pence per therm"Weak demand and comfortable supply continue to exert strong downward pressure. New weather forecasts pointing to warmer temperatures provide additional...
  • New England Risks Winter Blackouts as Gas Supplies Tighten

    10/17/2022 7:18:51 AM PDT · by NautiNurse · 74 replies
    Grid officials warn of strain as the region competes with European countries for shipments of liquefied natural gasNew England power producers are preparing for potential strain on the grid this winter as a surge in natural-gas demand abroad threatens to reduce supplies they need to generate electricity. New England, which relies on natural-gas imports to bridge winter supply gaps, is now competing with European countries for shipments of liquefied natural gas, following Russia’s halt of most pipeline gas to the continent. Severe cold spells in the Northeast could reduce the amount of gas available to generate electricity as more of...
  • Putin proposes 'gas hub' plan to Turkey's Erdogan - ( international distribution center)......

    10/14/2022 7:59:23 AM PDT · by caww · 29 replies
    DW (German Source) ^ | 10/14/2022 | DW
    During a meeting with his Turkish counterpart Recep Tayyip Erdogan on the sidelines of a security conference in Kazakhstan, Putin also suggested setting up a natural gas exchange market in Turkey to determine prices, according to the Interfax news agency. "We could consider building another gas pipeline and creating a gas hub in Turkey for sale to third countries, especially in Europe," Putin said. On Friday, Erdogan said he ordered his government to quickly present their implementation plans, saying that the hub "will be an international distribution center." According to Putin, more gas could be piped to Europe via Turkey...
  • Keystone Pipeline cancellation was 'mistake,' economist under Obama, Clinton admits — and slowing oil permits, 'being hostile' toward natural gas were errors, too

    10/10/2022 11:48:37 AM PDT · by Red Badger · 59 replies
    The Blaze ^ | October 10, 2022 | DAVE URBANSKI
    Larry Summers — who served as treasury secretary under former President Bill Clinton and was the director of the National Economic Council under former President Barack Obama — admitted during a Friday interview on Wall Street Week that cancelling the Keystone Pipeline was a "mistake" and that slowing oil permits and "being hostile as a country" toward natural gas were errors as well. What are the details? During the interview, Summers was asked about the OPEC+ move to slash oil production by 2 million barrels a day in order to control prices — a move that was a blow to...
  • Natural Gas Prices In Europe Fall To A Three-Month Low

    10/10/2022 11:39:25 AM PDT · by BeauBo · 24 replies ^ | Oct 10, 2022 | Tsvetana Paraskova
    On Monday, Europe’s natural gas prices fell to the lowest level in three months thanks to mild weather and a high level of LNG imports... hitting an intra-day low of $140 per megawatt-hour (down from $350 on August 26th, the lowest since July 1st). Gas storage in the EU is now at more than 90% and the bloc has managed to reduce its gas consumption by 10%.
  • New Method Converts Greenhouse Gas Into Fuel

    10/04/2022 8:51:11 AM PDT · by Red Badger · 24 replies
    Scitech Daily ^ | OCTOBER 1, 2022 | By SÃO PAULO RESEARCH FOUNDATION
    The conversion occurred at room temperature and pressure, which could allow methane, a potent greenhouse gas, to be utilized to make fuel. The new method converts methane gas into liquid methanol. A team of researchers has successfully converted methane into methanol using light and scattered transition metals such as copper in a process known as photo-oxidation. The reaction was the best achieved to date for converting methane gas into liquid fuel at ambient temperature and pressure (25 °C and 1 bar, respectively), according to a study published in the journal Chemical Communications. The term bar as a pressure unit comes...
  • JOE DID THIS – US Government Expects Home Heating Bills to Increase by 54%

    09/27/2022 7:49:29 PM PDT · by bitt · 34 replies ^ | 9/27/2022 | m. dowling
    The US government expects households to see their heating bills increase by 54% compared with last winter. U.S. consumers will spend more to heat their homes this winter than last year due to surging energy prices, the U.S. Energy Information Administration (EIA) projected in its winter fuels outlook on Wednesday. US natural gas has climbed to its highest price since 2014 and is up roughly 90% over the last year. The wholesale price of heating oil has more than doubled in the last 12 months. The biggest reason for this winter’s higher heating bills is the recent increase in prices...