A new study conducted by the University of Texas at Austin in conjunction with the Environmental Defense Fund and 10 oil companies pinpointed methane emissions sources at natural gas production operations. “Researchers found 19% of pneumatic devices accounted for 95% of the emissions from those devices. Meanwhile, 20% of the wells that vent emissions to… Keep reading →
Much has been made about natural gas serving as a bridge fuel until more renewable energy can be fed into the US power grid. While that’s a somewhat controversial concept – with hard-core environmentalists preaching zero fossil fuels and hydrocarbon industry folks pooh-poohing renewables for multiple reasons – this National Journal piece explains the wind-to-gas… Keep reading →
Here is a roundup of some of this week’s more interesting energy deals: The BP-led Shah Deniz consortium signed a 25-year sales agreement for more than 10 billion cubic metres per year of natural gas from the second phase of development at the giant Shah Deniz field offshore Azerbaijan. Shah Deniz will deliver gas directly… Keep reading →
Spanish oil company Repsol and Argentina’s YPF are working through a bitter breakup in which the former is suing the Argentine government for $10.5 billion. Now Chevron is working with YPF to develop shale assets, much to Repsol’s chagrin. “It is scandalous that Chevron is acting in a way contrary to the law and to… Keep reading →
