63.55 F
New York
October 22, 2021

NGS

Fuel shortages remain in south east England but improvements elsewhere

Reuters
LONDON, Oct 2 (Reuters) – Gas stations in London and southeast England continue to suffer a lack of fuel although the situation has improved in northern England and Scotland, the Petrol Retailers Association (PRA) said on Saturday. Britain will from Monday deploy military tanker drivers to deliver fuel after a......

EXCLUSIVE White House, top Democrats agree to boost carbon capture credit in budget bill -sources

Reuters
WASHINGTON, Oct 1 (Reuters) – The White House and top Democratic lawmakers have agreed to boost a tax credit for industrial carbon capture projects in a deal that could help solidify support for the budget reconciliation bill at the heart of President Joe Biden’s economic agenda, two sources with knowledge......

Ukraine demands sanctions on Russia’s Gazprom after Kyiv loses gas imports

Reuters
An engineer checks the gas distribution system in Beregdaroc, one of several points where Russian gas crosses into the European Union February 10, 2015. REUTERS/Laszlo Balogh Russia-Hungary deal deprives Kyiv of revenue, gas Kyiv wants sanctions on Gazprom Kremlin says criticism is politicised Says Gazprom is meeting all obligations KYIV/MOSCOW,......

China power crunch slams factories as coal lobby warns woes could stay until winter

Reuters
SHENYANG, China, Sept 30 (Reuters) – Small firms caught in China’s prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing shrank in the world’s no. 2 economy. Beijing is scrambling to deliver more coal......

U.S. natgas falls on mild weather, expected big storage build

Reuters
Natural gas is transferred into the SoCalGas system after being collected and purified at a Calgren collection facility in Pixley, California, U.S., October 2, 2019. Picture taken October 2, 2019. REUTERS/Mike Blake/File Photo Sept 29 (Reuters) – U.S. natural gas futures dropped almost 7% on Wednesday after posting a seven-year......

Britain puts military on standby as panic buying leaves pumps dry

Reuters
Army tanker drivers to be deployed if needed Trucker shortage has hit supply chains Britain says will extend some HGV licences Industry says hopes situation will stabilise LONDON, Sept 28 (Reuters) – Britain put the army on standby to deliver fuel from Tuesday after an acute shortage of truckers triggered......

Petrobras eyes Brazil price hikes despite political pressure

Reuters
People walk in front of the Brazil’s state-run Petrobras oil company headquarters in Rio de Janeiro, Brazil, October 16, 2019. REUTERS/Sergio Moraes//File Photo Sept 27 (Reuters) – Brazil’s state-run oil company, Petrobras (PETR4.SA), is considering raising fuel prices as the prices of some petroleum derivatives are out of line with......

PennEast becomes the latest to scuttle a natural gas pipeline project

Reuters
A natural gas pipeline in Chino Hills State Park, California, U.S., April 21, 2021. REUTERS/Lucy Nicholson Sept 27 (Reuters) – PennEast Pipeline said on Monday it would stop developing a proposed pipeline from Pennsylvania to New Jersey, the latest in a series of natural gas lines to run aground due......

APPEC Colombia’s Ecopetrol sees crude export share to Asia rising -CEO

Reuters
The entrance of Ecopetrol’s Castilla oil rig platform is seen in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez/File Photo SINGAPORE, Sept 27 (Reuters) – Asia will increasingly be a strategic market for Colombia’s majority state-owned energy company Ecopetrol (ECO.CN), its president and chief executive officer Felipe Bayón said......

Russia’s Gazprom is ready to boost gas sales to Europe – Ifx cites Kremlin

Reuters
The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 2, 2021. REUTERS/Evgenia Novozhenina/File Photo MOSCOW, Sept 26 (Reuters) – Russian energy giant Gazprom (GAZP.MM) is ready to increase gas supplies to Europe, Interfax news agency cited a Kremlin spokesman......

Europe needs long-term energy plan, Eni CEO says

Reuters
Claudio Descalzi, CEO of Italian energy company Eni talks to media at the Presidential Palace in Nicosia, Cyprus April 25, 2018. REUTERS/Yiannis Kourtoglou/File Photo MILAN, Sept 25 (Reuters) – Soaring gas prices as winter approaches are evidence that the European Union needs to work out a long-term energy security plan,......

EXCLUSIVE Oil producer Hilcorp eyes purchase of shut Louisiana refinery -sources

Reuters
HOUSTON, Sept 24 (Reuters) – Houston-based oil producer Hilcorp (HILCO.UL) is evaluating Phillips 66’s (PSX.N) refinery in Alliance, Louisiana, for conversion into an oil export terminal, said four sources familiar with the matter, a move that would eliminate it as a source of motor fuels. Hilcorp, the largest privately owned......

Britain has 10 days to save Christmas, retail sector says

Reuters
Retail industry warns of significant disruption Queues form at some petrol stations – Reuters reporters Britain to boost HGV driver testing British ministers to meet on easing rules Hauliers: there is no quick fix LONDON, Sept 24 (Reuters) – Britain’s retail industry warned the government on Friday that unless it......

Canada fossil fuel workers want victorious Trudeau to keep retraining pledge

Reuters
Canada’s Prime Minister Justin Trudeau and Calgary Mayor Naheed Nenshi announce the beginning of construction on the Green Line at the Calgary Transit Oliver Bowen Maintenance Facility, in Calgary, Alberta, Canada July 7, 2021. REUTERS/Mike Sturk/File Photo CALGARY, Alberta, Sept 22 (Reuters) – Prime Minister Justin Trudeau’s narrow election victory......

New WHO air-quality guidelines aim to cut deaths linked to fossil fuels

Reuters
WHO issues first air quality guidelines since 2005 Slashes recommended limits for emissions linked to fossil fuels Says air pollution threat to health alongside climate change Blames exposure to air pollution for 7 million deaths a year GENEVA, Sept 22 (Reuters) – The World Health Organisation (WHO) tightened its air......

Soaring gas prices ripple through heavy industry, supply chains

Reuters
LONDON, Sept 22 (Reuters) – Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers. Some......

Two more UK energy suppliers stop trading on gas price hit

Reuters
LONDON, Sept 22 (Reuters) – A further two British energy suppliers stopped trading on Wednesday, leaving more than 800,000 customers potentially facing higher bills, after a jump in natural gas prices pushed the sector to the brink. Avro Energy and Green Supplier Limited became the latest providers to say they......

Britain tells its food industry to prepare for CO2 price shock

Reuters
CO2 prices will rise sharply, minister says UK pays fertiliser maker CF to reopen plants Poultry plants would have closed, Britain says Iceland says 3-week deal will not save Christmas Poultry industry says turkey production will still fall LONDON, Sept 22 (Reuters) – Britain warned its food producers on Wednesday......

UK strikes deal for CO2 producer CF to restart operations

Reuters
A general view of the CF industries plant in Billingham, Britain September 20, 2021. REUTERS/Lee Smith LONDON, Sept 21 (Reuters) – Britain has struck a deal with CF Industries for the American company to restart the production of carbon dioxide (CO2) after soaring gas prices forced it to halt operations,......

Shell exits Permian with $9.5 bln Texas shale sale to ConocoPhillips

Reuters
Sept 20 (Reuters) – Royal Dutch Shell (RDSa.L) said on Monday it would sell its Permian Basin assets to ConocoPhillips (COP.N) for $9.5 billion in cash, an exit from the largest U.S. oilfield for the energy major shifting its focus to the clean energy transition. For ConocoPhillips, it is the......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More