Gazprom

Europe Fears Cuts In Natural Gas From Russia

In an overt admission that western-led sanctions agasint Russia’s energy sector are impacting offshore resource development, the country’s top state-controlled oil & gas enterprises are pushing for legislative changes meant to entice western companies – and their technology – into the sector. The proposed subsoil legislation modifications would apparently allow foreign companies to take expanded… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Continental Resources, one of the largest Bakken Shale producers, announced some good and bad news to investors yesterday – a new oil discovery (good) but increased capital expenditure guidance (bad). The company announced a new oil discovery in the South-Central Oklahoma Oil Province (SCOOP) where it also said “net unrisked resource potential has increased to… Keep reading →

OPAL Pipeline To Connect To Baltic Sea

Calls for stricter economic sanctions against strategic Russian energy players are not universal among European Union countries, particularly those where Russian oil and gas dependence is most deeply entrenched. The degree to which various EU members support or oppose the South Stream Pipeline project illuminates those countries reluctant to distance themselves too far from vital… Keep reading →

The Kremlin is reflected in the polished

Western sanctions against strategic portions of Russia’s economy are ratcheting up in the aftermath of a passenger jet crash in a section of Eastern Ukraine controlled by Russian-supported rebels. The Malaysian jet was brought down by a surface-to-air missile that appears to have been supplied by Russia to rebels operating in the region who are… Keep reading →

High Gas Prices Prompt Bush's Decision To Lift Ban On Offshore Oil Drilling

Crude oil transportation in the US ballooned to 1 million barrels per day in recent years as production swelled beyond existing pipeline infrastructure capacity. A series of explosive accidents involving crude oil train cars has sparked regulators to strengthen rules and safety measures governing these pipelines on wheels. “Tens of thousands of these older tank… Keep reading →

Illinois Governor Appoints Special Task Force To Review Energy Infrastructure

A Freedom of Information Request unveiled emails between New England government leadership and several energy companies regarding various power and gas infrastructure projects that have some questioning the extent to which certain aspects of the negotiations and decision making were kept from the public. “Regional plans for a pair of multibillion-dollar energy projects have advanced… Keep reading →

(FILES) This photo taken on October 16,

Global energy investment requirements through 2035 amount to $2.5 trillion annually, with $40 trillion devoted to maintaining current supply levels and developing incremental sources to meet anticipated demand. An additional $8 trillion is needed for energy efficiency measures, according the to the OECD’s energy watchdog. [International New York Times] The EPA’s newly-released plan to cut… Keep reading →

Greenspan Warns Of Danger Of High Natural Gas Prices

Ukraine’s deadline for paying its Russian natural gas debt – roughly $2 billion owed to Gazprom – expired last night. Gazprom has said it will shut off gas supplies at 10:00 Moscow time June 3rd, meaning European nations receiving gas via pipelines that transit Ukraine could also be cut off. [Radio Free Europe] The Nigerian… Keep reading →

The Euro Comes Under Increasing Pressure

FERC has been shifting the terminology used to describe electricity consumers from “ratepayers” to “customers,” which better reflects current realities in the evolving utility industry. “The journey away from “ratepayer” starts when thinking about the utility as a provider of energy efficiency, demand response and other demand-side management techniques. When the utility is partly in… Keep reading →

Russian President Vladimir Putin Visits Beijing

After some initially-confused western reporting, it’s now clear Russia’s Gazprom finally did close a long-term natural gas deal with Chinese national oil company CNPC. However, there is still wide speculation about the agreed price – a sticking point that held up the deal’s closure for a decade – and equally if not more importantly, questions… Keep reading →

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