California approved a proposal that would ban new natural gas-fueled furnaces and water heaters in homes by 2030, according to a proposal approved by the California Air Resources Board (CARB) last week. “We need to take every action we can to deliver on our commitments to protect public health from the adverse impacts of air pollution, and…
California Plans to Ban Natural Gas Heaters, Furnaces
California’s clean air agency has approved a proposal that would ban new natural gas-fueled furnaces and water heaters in homes by 2030. “We need to take every action we can to deliver on our commitments to protect public health from the adverse impacts of air pollution, and this strategy identifies how we can do just that,”…
UK Government Lifts Fracking Ban as ‘Inconclusive’ Geological Report Published
The government has lifted the ban on fracking in England, despite the publication of a report (pdf) by the British Geological Survey (BGS) which was “inconclusive” and said more data was needed. Fracking, or hydraulic fracturing, is a process in which high-pressure liquid is fired at shale formations to release gas. The 2019 Conservative manifesto…
Switzerland’s Environment Minister Suggests People Shower Together to Save Energy
Switzerland’s environment minister is facing backlash after recommending that people shower together in an effort to cut energy consumption this winter and fend off power cuts. Simonetta Sommaruga, 62, suggested that people “turn off the computer when you don’t need it, or turn off lights, or shower together” as part of her measures promoting a 15…
American Money at Risk
Commentary Think energy prices are high? It could be a short-term low. The global economy is interconnected, with China stumbling about near its center. Nothing proves this better than the interrelation of global gas prices and China shooting its own economy in the foot through regional COVID lockdowns that persist, month after month. Gas prices are…
EU Plans to Cap Russian Gas Price as Putin Warns West of Winter Freeze
September 7, 2022
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Business & MarketseconomyenergyEuropeGasGold and CommoditiesInternationalMarketsRussiaRussia-Ukraine WarVladimir PutinWorld
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BRUSSELS/VLADIVOSTOK Russia—The European Union proposed a price cap on Russian gas on Wednesday after President Vladimir Putin threatened to cut off all energy supplies if it took such a step, raising the risk of rationing in some of the world’s richest countries this winter. The escalating standoff could drive up sky-high European gas prices further,…
East Timor Pulls China Card in Floundering Energy Talks With Australia
September 4, 2022
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Asia & PacificAustraliaBusiness & MarketsEast TimorenergyGasGreater SunriseInternationalPenny WongSouth PacificTimor LesteWorld
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East Timor President Jose Ramas-Horta is using China as a bargaining chip in negotiations with the Australian government over the construction of a gas pipeline from the resource-heavy Timor Sea. The president said his country would be happy to enlist China’s help to facilitate the development of the pipeline from the Greater Sunrise gas fields project…
Gazprom Piping Gas to Europe via Ukraine After Nord Stream Stoppage
September 3, 2022
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Business & MarketsenergyEuropeGasGazpromGold and CommoditiesMarketsNordstreamRussiaRussia-Ukraine WarStoppageUkraineWorld
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Russia’s Gazprom said it would ship 42.7 million cubic meters (mcm) of natural gas to Europe through Ukraine on Saturday, hours after it announced that flows through the Nord Stream 1 pipeline to Germany would not resume as planned. Flows via the Sudzha entry point were up slightly compared to the 41.3 mcm Gazprom sent…
Gazprom Head Says ‘Sanctions Confusion’ Means Siemens Cannot Service Nord Stream 1: Interfax
September 1, 2022
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Business & MarketsCompaniescrisisenergyEuropeGasGazpromGold and CommoditiesMarketsNordstreamRussiaRussia-Ukraine WarsanctionsSiemensUkraineWorld
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MOSCOW—Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural gas pipeline, Interfax news agency reported. Periodic replacement of some equipment, such as turbines, is needed to ensure the smooth transport of gas. Its state of repair…
Russia Halts Gas Flows to Europe via Key Route, Germany Sees ‘No Cause for Alarm’ Yet
Russia on Wednesday halted gas supplies via a key European supply route citing maintenance issues, in a move that some European countries see as retaliation for backing Ukraine in the war and that sent prices on a wild ride intraday. Russia’s state energy giant Gazprom said Nord Stream 1, the biggest pipeline carrying gas to…
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