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August 4, 2021

Natural Gas Utilities (TRBC level 4)

China’s blue-chip index ends lower as healthcare, consumer stocks slip

Reuters
SHANGHAI, April 6 (Reuters) – China’s blue-chip index retreated on Tuesday, pressured by healthcare and consumer companies, as upbeat economic data raised worries of policy tightening. ** The blue-chip CSI300 index fell 0.4% to 5,140.34, while the Shanghai Composite Index was flat at 3,482.97. ** As of last close, the......

Nine EU advisers threaten walkout over sustainable finance row

Reuters
BRUSSELS, April 1 (Reuters) – Nine members of the expert group advising the European Union on its sustainable finance rules have threatened to step down if Brussels pushes ahead with plans that they say would discredit its efforts to fight climate change. The European Commission is attempting to finish its......

China’s Sinopec raises 2021 capital expenditure by 23.8%

Reuters
BEIJING (Reuters) – China Petroleum & Chemical Corp, better known as Sinopec, plans a 23.8% increase in capital spending to 167.2 billion yuan in 2021 following recovery of oil prices and energy demand as the COVID-19 epidemic subsided. Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on......

Venezuela gas pipeline tract explodes; oil minister blames attack

Reuters
FILE PHOTO: The corporate logo of the state oil company PDVSA is seen at a gas station in Caracas, Venezuela November 16, 2017. REUTERS/Marco Bello CARACAS (Reuters) – A tract of a gas pipeline in eastern Venezuela suffered an explosion on Saturday afternoon, according to a report from state oil......

Germany, Canada agree to explore green hydrogen development

Reuters
FRANKFURT (Reuters) – Germany and Canada agreed on Tuesday to explore the joint development of green hydrogen from Canadian hydroelectric power for export to Germany. FILE PHOTO: German Economy Minister Peter Altmaier reacts during a news conference to present the German government’s hydrogen strategy, in Berlin, Germany June 10, 2020.......

Repsol makes first delivery of carbon-compensated LNG

Reuters
FILE PHOTO: A Repsol logo at a petrol station in Bormujos near the Andalusian capital of Seville, southern Spain March 3, 2016. REUTERS/Marcelo del Pozo MADRID (Reuters) – Repsol for the first time has used carbon offset credits to compensate for emissions from liquefied natural gas (LNG) a customer will......

Just Energy files to restructure in Canada after Texas freeze hit

Reuters
March 9 (Reuters) – Gas and electric utility Just Energy Group Inc said on Tuesday it was restructuring under the Companies’ Creditors Arrangement Act in Canada and plans to file for Chapter 15 bankruptcy in the United States due to a hit from the unprecedented cold weather in Texas in......

U.S. senators prod Biden administration on Nord Stream 2 pipeline sanctions

Reuters
WASHINGTON (Reuters) – Two U.S. senators urged President Joe Biden to ensure the implementation of sanctions passed in January aimed at stopping the Nord Stream 2 Russia-to-Germany gas pipeline project, which a State Department spokesman reiterated on Friday was a “bad deal” for Europe. FILE PHOTO: A road sign directs......

Exclusive: U.S. tells European companies they face sanctions risk on Nord Stream 2 pipeline

Reuters
By Timothy Gardner, Daphne Psaledakis WASHINGTON (Reuters) – The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against......

Proposed Virginia rules may delay Mountain Valley natgas pipeline

Reuters
FILE PHOTO: Lengths of pipe wait to be laid in the ground along the under-construction Mountain Valley Pipeline near Elliston, Virginia, U.S. September 29, 2019. REUTERS/Charles Mostoller (Reuters) – Environmental regulators in Virginia proposed stream-crossing rules that analysts say could delay the startup of the $5.8-$6.0 billion Mountain Valley natural......

Norway gas plant resumes exports to Europe

Reuters
FILE PHOTO: The logo of Norway’s company Gassco is pictured on a water tank at the new gas import terminal of Norway’s company Gassco in Emden, Germany, May 24, 2016. REUTERS/Fabian Bimmer/File Photo OSLO (Reuters) – Norway’s Nyhamna gas export terminal has restarted production and is ramping up output following......

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