ISSN 2753-7757 (Online)

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Methane

Row of methane tanks

11/1/2023 News

Methane capture projects increasingly economic

Current natural gas prices, including record high global prices, coupled with renewed concerns for energy security, are making projects that capture and commercialise vented, fugitive and flared methane increasingly economic, according to new analysis from S&P Global Commodity Insights.

Gas

Nord Stream pipeline

4/5/2022 News

Gas price volatility rises after Russia halts gas exports to Poland and Bulgaria

Russian gas giant Gazprom last week confirmed a halt in gas exports to Poland and Bulgaria over the two countries refusal to pay for supplies in Rubles. European gas prices reacted with renewed volatility, surging to nearly $40/mn Btu at the time. The total impact on European and global markets will be muted for now, but the situation could escalate quickly if other large countries or individual buyers are cut off from Russian supplies, and in the case of further sanctions related to Russian gas imports from the European Union (EU), writes Nikoline Bromander, Analyst – Gas and LNG, Rystad Energy.

Geopolitics

graphic with Ukraine flag on left and Russian flag on right

9/3/2022 News

US and UK to ban imports of Russian oil

US President Joe Biden imposed an immediate ban on Russian oil and other energy imports on 8 March 2022, in retaliation for the invasion of Ukraine. In a co-ordinated announcement, UK Prime Minister Boris Johnson said Britain would phase out all oil imports from Russia, which accounts for about 8% of UK demand, by the end of the year.

Domestic heating

Close up of four pipelines extending from foreground to back right of photo, with blurred industry plant facilities in background

EI Member only

15/5/2024 Feature / John Elsegood

How decarbonising heat can support the UK energy transition

With just over 25 years to go before the net zero target, the UK government and the energy industry should consider the benefits of decarbonising natural gas heating alongside electrification, contends John Elsegood for Xoserve, the gas industry’s central data services provider (CDSP).

Gas

Aerial view of Rehden storage site in Germany

EI Member only

27/4/2022 Feature / Karolin Schaps

Europe’s costly mission to replenish gas storage

After breathing a sigh of relief at the mild winter just gone by, Europe’s utilities are now setting their sights on next winter’s gas supply. With sanctions against Russia threatening a deepening of the energy crisis, energy companies are desperate to refill gas storage sites to provide sufficient back-up supplies in case of an unusually cold 2022/2023 winter or, even worse, an interruption to Russian pipeline gas. But, considering unfavourable market prices, how likely is it that storage tanks will be sufficiently filled when the next gas year starts? Energy journalist Karolin Schaps reports.

Energy prices

11/5/2022 News

UK government under increasing pressure to introduce oil and gas windfall tax

Pressure is mounting on the UK government to introduce a windfall tax on North Sea oil and gas companies, driven by bumper first quarter profits recently announced by majors BP and Shell.

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