Connect to share and comment

EU gas imports from Russia could drop a quarter by 2020

By Henning Gloystein LONDON (Reuters) - Europe is stitching together a patchwork of measures that could reduce its natural gas imports from Russia by over a quarter by the end of the decade as a result of the Ukraine crisis, halting Moscow's tightening grip over the region's energy.

Blast at U.S. LNG site casts spotlight on natural gas safety

By Joshua Schneyer, Timothy Gardner and Richard Valdmanis (Reuters) - An unexplained blast this week at a liquefied natural gas (LNG) facility in rural Washington state, which injured workers, forced an evacuation and raised alarm about a potentially large second explosion, could focus attention on the risk of storing massive gas supplies near population centers.

POSCO sets up unit for clean energy biz

SEOUL, April 3 (Yonhap)-- POSCO, South Korea's biggest steelmaker, said Thursday that it has established a subsidiary to operate a clean energy business it picked as one of its future growth engines. The subsidiary, named POSCO Green Gas Technology Co., will produce synthetic natural gas (SNG), a fuel gas that can be produced from fossil fuels such as lignite coal or from biofuel, the company said. SNG has the same components as liquefied natural gas (LNG), but its production cost is lower than that of LNG, the company said.

POSCO sets up unit for clean energy biz

SEOUL, April 3 (Yonhap)-- POSCO, South Korea's biggest steelmaker, said Thursday that it has established a subsidiary to operate a clean energy business it picked as one of its future growth engines. The subsidiary, named POSCO Green Gas Technology Co., will produce synthetic natural gas (SNG), a fuel gas that can be produced from fossil fuels such as lignite coal or from biofuel, the company said. SNG has the same components as liquefied natural gas (LNG), but its production cost is lower than that of LNG, the company said.

US calls on Europe to step up energy independence but options are limited, success uncertain

BRUSSELS - The United States called on Europe to wean itself from a dangerous dependency on Russian gas, saying it was time to stand together and bring an end to the Kremlin's use of energy supplies as political leverage. Left unsaid was the European Union's reluctance to follow the United States headlong into shale gas extraction, which has transformed the global energy scene and turned the U.S. from importer into a nascent exporter. Or its refusal to fully re-embrace nuclear power in the wake of the Fukushima disaster in Japan.

All clear at Washington state LNG plant after unexplained blast: Williams

By Scott DiSavino (Reuters) - A forced evacuation of the area around Williams Cos Inc's damaged liquefied natural gas facility in rural Washington state has been lifted following an explosion on Monday. What prompted a blast that injured five workers and set off a potentially dangerous leak in a massive LNG tank at the site, near the southeastern Washington town of Plymouth, is still unknown and under investigation, the company said on its website.

Investigation begins into cause of blast at natural gas facility on Washington-Oregon border

State and federal regulators looking for what caused an explosion at a liquefied natural gas facility on the Washington-Oregon border began interviewing injured workers Tuesday as an evacuation order covering hundreds of nearby residents was lifted. Also Tuesday, a team of firefighters and plant employees went inside the Williams Northwest Pipeline storage facility and found no lingering fire. The safety check came after the blast Monday injured five employees and ruptured a huge liquefied natural gas storage tank.

Large explosion rocks Washington natural gas plant; 5 workers hurt, 400 residents evacuated

A large explosion rocked a natural gas processing plant on the Washington-Oregon border Monday, injuring five workers, causing about 400 people to evacuate from nearby farms and homes, and emitting a mushroom cloud of black smoke that was visible for more than a mile. The 8:20 a.m. blast at the Williams Northwest Pipeline facility near the Washington town of Plymouth, along the Columbia River, sparked a fire and punctured one of the facility's two giant storage tanks for liquefied natural gas.

Obama considers new climate regulations for oil, gas sector

By Roberta Rampton and Timothy Gardner WASHINGTON (Reuters) - The White House said on Friday it will take a hard look at whether new regulations are needed to cut emissions of methane from the oil and gas industry, part of President Barack Obama's plan to address climate change.

GDF Suez reveals deal taking US liquefied gas to Taiwan

French gas group GDF Suez revealed on Friday a giant deal, the first of its kind, to ship liquefied natural gas from the United States to supply Taiwan. The contract, of undisclosed value, will include natural gas from shale production, and is a sign of huge changes in global energy markets driven largely by the shale energy revolution in North America. GDF Suez said it had signed an agreement to sell 800,000 tonnes of LNG a year for 20 years from 2018 to Taiwanese company CPC.
Syndicate content