Natural gas http://www.globalpost.com/taxonomy/term/26526/all en UPDATE 1-UK day-ahead gas hits 11-mth high as Britain shivers http://www.globalpost.com/dispatch/news/thomson-reuters/130117/update-1-uk-day-ahead-gas-hits-11-mth-high-britain-shivers <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Demand to reach a peak for winter so far</p> <p>* Snow forecast for Friday, freezing cold into next week</p> <p>* Lower flows from UK gas fields, increase from continent (Updates prices and includes new developments in Algeria hostage crisis)</p> <p>By John McGarrity</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130117/update-1-uk-day-ahead-gas-hits-11-mth-high-britain-shivers" target="_blank">read more</a></p> Currency Fuel gas Natural gas Technology Thomson Reuters Thu, 17 Jan 2013 16:45:49 +0000 Thomson Reuters 5735684 at http://www.globalpost.com COLUMN-White House needs to lift barriers to gas exports: Kemp http://www.globalpost.com/dispatch/news/thomson-reuters/130128/column-white-house-needs-lift-barriers-gas-exports-kemp <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(John Kemp is a Reuters market analyst. The views expressed are his own)</p> <p>By John Kemp</p> <p>LONDON, Jan 28 (Reuters) - The U.S. Department of Energy must make a historic decision in the next few months: whether to allow large-scale natural gas exports from the United States.</p> <p>The issue is as much about philosophy and foreign relations as the practical impact on gas prices and big energy users such as the chemical, fertiliser and steel industries.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130128/column-white-house-needs-lift-barriers-gas-exports-kemp" target="_blank">read more</a></p> Business Energy Entertainment Environment Health Natural gas Natural gas prices Politics Social Issues Thomson Reuters Mon, 28 Jan 2013 18:30:57 +0000 Thomson Reuters 5740661 at http://www.globalpost.com Japan's TEPCO to buy 800,000 tonnes of LNG from US http://www.globalpost.com/dispatch/news/afp/130206/japans-tepco-buy-800000-tonnes-lng-us <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The operator of Japan's crippled Fukushima nuclear power station said Wednesday it plans to buy 800,000 tonnes of light liquefied natural gas (LNG) annually from the United States as it looks to cut its fuel bills.</p> <p>Tokyo Electric Power (TEPCO) said it had agreed to buy 400,000 tonnes a year from Mitsui &amp; Co trading house, and was in final talks with Mitsubishi Corp trading firm for the same amount. Both will come from the US Cameron liquefaction project to be operated in Louisiana.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130206/japans-tepco-buy-800000-tonnes-lng-us" target="_blank">read more</a></p> Energy Fuel gas LNG Natural gas AFP Wed, 06 Feb 2013 10:31:07 +0000 Agence France-Presse 5747334 at http://www.globalpost.com France's Total joins Cyprus energy rush http://www.globalpost.com/dispatch/news/afp/130206/frances-total-joins-cyprus-energy-rush <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Cyprus on Wednesday signed an agreement with French energy major Total to conduct exploratory drilling for gas and oil in two blocks off its southern shore.</p> <p>The deal comes as Cyprus aspires to become a regional energy hub with the prospect of oil as well as natural gas being tapped beneath the sea bed.</p> <p>"With today's act the government has completed one of the most crucial aims in its energy policy, that of successfully conducting a second round of licensing," Commerce Minister Neoclis Sylikiotis told reporters after the signing ceremony.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130206/frances-total-joins-cyprus-energy-rush" target="_blank">read more</a></p> Aphrodite gas field Business energy Eni Natural gas War AFP Wed, 06 Feb 2013 12:46:02 +0000 Agence France-Presse 5747487 at http://www.globalpost.com Norway weakens Russia's grip on European gas market http://www.globalpost.com/dispatch/news/thomson-reuters/130214/norway-weakens-russias-grip-european-gas-market <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Norway's Statoil quickest to open to spot market</p> <p>* Russia's Gazprom reluctant but has more spare capacity</p> <p>* Russia, Norway compete with overseas LNG suppliers</p> <p>* More spot market pricing may not mean lower prices</p> <p>By Henning Gloystein</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130214/norway-weakens-russias-grip-european-gas-market" target="_blank">read more</a></p> Energy Fuel gas Natural gas Thomson Reuters Thu, 14 Feb 2013 06:00:03 +0000 Thomson Reuters 5755226 at http://www.globalpost.com Iraq greenlights gas pipeline deal with Iran, Syria http://www.globalpost.com/dispatch/news/afp/130219/iraq-greenlights-gas-pipeline-deal-iran-syria <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Iraq on Tuesday gave the go-ahead for a framework agreement to be signed for the construction of pipelines through Iraqi territory that would deliver Iranian gas to Syria.</p> <p>A cabinet statement said that Oil Minister Abdelkarim al-Luaybi had been instructed to sign the deal, by which Iranian natural gas could be delivered in the future to Europe as well.</p> <p>In July last year, Iran, Iraq and Syria inked a memorandum of understanding for the gas pipelines, with Tehran saying that the total cost of the project would be about $10 billion.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130219/iraq-greenlights-gas-pipeline-deal-iran-syria" target="_blank">read more</a></p> Energy Infrastructure Natural gas AFP Tue, 19 Feb 2013 16:15:51 +0000 Agence France-Presse 5760095 at http://www.globalpost.com RPT-UPDATE 3-US execs united on oil drilling, divided on gas exports http://www.globalpost.com/dispatch/news/thomson-reuters/130225/update-1-us-ceos-back-more-oil-drilling-and-keystone-xl-pipelin <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Officials should ease rules as oil, gas sectors boom, executives say</p> <p>* Controversial oil sand pipeline a good idea, CEOs say</p> <p>* Help for clean energy, more efficiency also part of mix</p> <p>By Patrick Rucker and Valerie Volcovici</p> <p>WASHINGTON, Feb 25 (Reuters) - Chief executives from some of the largest U.S. companies offered an energy blueprint on Monday that would expand drilling but they dodged thorny questions such as whether the nation's oil and gas wealth should be exported.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130225/update-1-us-ceos-back-more-oil-drilling-and-keystone-xl-pipelin" target="_blank">read more</a></p> Energy Energy economics Fuel gas Hydraulic fracturing Keystone Pipeline Natural gas Politics Technology Thomson Reuters Mon, 25 Feb 2013 17:15:57 +0000 Thomson Reuters 5766164 at http://www.globalpost.com U.S. energy policy shifting as abundance replaces scarcity-Obama adviser http://www.globalpost.com/dispatch/news/thomson-reuters/130227/us-energy-policy-shifting-abundance-replaces-scarcity-obama-adv <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Shale oil, gas boom has forced rethink of energy policy-Zichal</p> <p>* White House finalizing new fracking rules</p> <p>* Did not tip hand on decisions about exports, Keystone pipeline</p> <p>By Roberta Rampton</p> <p>WASHINGTON, Feb 27 (Reuters) - As U.S. oil and natural gas production booms, the Obama administration's energy policy has been "fluid" by necessity to adapt to the huge economic opportunities and climate challenges posed by growth, the top White House energy and climate adviser said on Wednesday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130227/us-energy-policy-shifting-abundance-replaces-scarcity-obama-adv" target="_blank">read more</a></p> Business Entertainment Environment Health Hydraulic fracturing Keystone Pipeline Natural gas Politics Technology Thomson Reuters Thu, 28 Feb 2013 04:00:17 +0000 Thomson Reuters 5769245 at http://www.globalpost.com Britain looks to Algeria for new gas imports http://www.globalpost.com/dispatch/news/thomson-reuters/130228/britain-looks-algeria-new-gas-imports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Algeria needs investors to develop new gas fields</p> <p>* Britain wants to reduce its LNG dependency on Qatar</p> <p>* Security a main concern to investors</p> <p>By Henning Gloystein and Peg Mackey</p> <p>LONDON, Feb 28 (Reuters) - Britain wants to wriggle a little freer from its dependency on Qatar for gas imports - Algeria could be part of the answer.</p> <p>Algeria wants investment in its oil and gas sector to boost revenue, potentially dented by the In Amenas gas plant attack.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130228/britain-looks-algeria-new-gas-imports" target="_blank">read more</a></p> Fuel gas International business Natural gas War Thomson Reuters Thu, 28 Feb 2013 15:15:45 +0000 Thomson Reuters 5769790 at http://www.globalpost.com Qatar discovers new reserves of natural gas: media http://www.globalpost.com/dispatch/news/afp/130311/qatar-discovers-new-reserves-natural-gas-media <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Key gas exporter Qatar has discovered additional reserves of 2.5 trillion cubic feet (68 billion cubic metres) of natural gas in a northern offshore field, media reported on Monday. </p> <p>The discovery was made in Block 4 North, in North Field at a water depth of around 70 metres (230 feet), newspapers said.</p> <p>The gas discovery was "made after four years of intensive exploration activities, including the drilling of two exploration wells," The Peninsula daily quoted Qatar's energy minister, Mohammed al-Sada, as saying.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130311/qatar-discovers-new-reserves-natural-gas-media" target="_blank">read more</a></p> Asia Natural gas Qatar Technology AFP Mon, 11 Mar 2013 08:30:44 +0000 Agence France-Presse 5779420 at http://www.globalpost.com UPDATE 1-UK gas prices remain high on cold weather http://www.globalpost.com/dispatch/news/thomson-reuters/130312/update-1-uk-gas-prices-remain-high-cold-weather <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Gas storage depleted to under 20 pct</p> <p>* Within-day gas prices rise to 93 p/th</p> <p>* Summer 2013 gas price close to 18-month high</p> <p>* Weather to get gradually warmer - Met Office (Adds comment by Merrill Lynch, chart)</p> <p>By Henning Gloystein</p> <p>LONDON, March 12 (Reuters) - British wholesale spot gas prices rose above 90 pence a therm on Tuesday morning as extreme cold pushed up demand and further reduced already far depleted gas storage levels.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130312/update-1-uk-gas-prices-remain-high-cold-weather" target="_blank">read more</a></p> Energy Fuel gas Natural gas Thomson Reuters Tue, 12 Mar 2013 10:30:30 +0000 Thomson Reuters 5780500 at http://www.globalpost.com Britain faces gas supply crisis as storage runs dry http://www.globalpost.com/dispatch/news/thomson-reuters/130321/britain-faces-gas-supply-crisis-storage-runs-dry <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Henning Gloystein</p> <p>LONDON (Reuters) - Britain is grappling with a potential gas supply crisis as a late blast of winter depletes stored reserves, coal power plants close and pending maintenance in Norway threatens to further squeeze supply.</p> <p>The country risks running out of stored gas by April 8 based on the fall in its reserves seen since the cold hit at the beginning of March, Reuters calculations show. (see chart)</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130321/britain-faces-gas-supply-crisis-storage-runs-dry" target="_blank">read more</a></p> Energy Fuel gas Natural gas Technology Thomson Reuters Thu, 21 Mar 2013 16:30:52 +0000 Thomson Reuters 5790100 at http://www.globalpost.com British gas prices slump as Qatar, Trinidad imports eases reserves worry http://www.globalpost.com/dispatch/news/thomson-reuters/130322/britains-gas-price-soars-record-pipeline-closure <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - British wholesale gas prices fell by up to 20 percent on Monday, undermined by major gas shipments due from Qatar and Trinidad to help replenish stored gas reserves depleted by weeks of abnormally cold weather.</p> <p>The price of gas for weekend delivery fell about 20 percent to 84 pence per therm, while the day-ahead gas contract slumped to 93.50 pence, a drop of around 11 percent.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130322/britains-gas-price-soars-record-pipeline-closure" target="_blank">read more</a></p> E.ON Energy Energy in Belgium Energy in Europe Eni Fuel gas Liquefied natural gas Natural gas Politics United Kingdom Thomson Reuters Fri, 22 Mar 2013 09:00:39 +0000 Thomson Reuters 5790757 at http://www.globalpost.com British government says gas demand to be met despite low storage http://www.globalpost.com/dispatch/news/thomson-reuters/130322/british-government-says-gas-demand-be-met-despite-low-storage <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - Britain's Department of Energy and Climate Change (DECC) said on Friday gas demand would be met despite an outage on an interconnector link to Belgium and low storage levels.</p> <p>"We are aware of the temporary disruption (and) this does not change the overall picture. Gas supplies are not running out," DECC said in a statement.</p> <p>"Protracted cold weather increases demand but the UK gas market is functioning well and our gas needs are continuing to be met."</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130322/british-government-says-gas-demand-be-met-despite-low-storage" target="_blank">read more</a></p> Natural gas Natural gas storage Politics Thomson Reuters Fri, 22 Mar 2013 13:00:10 +0000 Thomson Reuters 5790950 at http://www.globalpost.com Cyprus gas boom lifeline still only on paper http://www.globalpost.com/dispatch/news/afp/130322/cyprus-gas-boom-lifeline-still-only-paper <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The bankruptcy-threatened Mediterranean island of Cyprus is often painted as having a lucrative lifeline -- offshore gas deposits that could just pull it back from the financial brink.</p> <p>But those deposits are so far only potential, and it will be many years and a lot more money spent before the pipeline begins to swell with cash-generating hydrocarbons.</p> <p>And that is before geopolitical pitfalls are taken into account.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130322/cyprus-gas-boom-lifeline-still-only-paper" target="_blank">read more</a></p> Asia Natural gas Political geography AFP Fri, 22 Mar 2013 16:46:34 +0000 Agence France-Presse 5791230 at http://www.globalpost.com