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theguardian.com 9 hours, 27 minutes ago

Energy Crisis: Where Could Europe's Gas Come From If Russia Cuts Exports? | Energy Industry

Threat of war with Ukraine has led to fears of gas shortages in Europe, but there are alternative suppliesRising tensions on the Russia-Ukraine border have raised fears that Europe's gas supply crisis could become far more serious. Gas market prices have already surpassed record highs and threaten to saddle European households with a cost of living crisis.Russia is Europe's largest supplier of gas, of which a third flows through Ukraine's gas pipelines to countries across the continent.
Read by 57% of LPs

edie.net 9 hours, 27 minutes ago

Report: Hydrogen Blending For Home Heating Would Push Energy Prices Higher

The UK's plans to begin delivering gas blends of 20% hydrogen from next year would be unwise, a scientific study has concluded, as they would increase gas bills and exacerbate the existing price crisis.
Read by 61% of LPs

abc.net.au 20 hours, 27 minutes ago

Australia Has Offered To Export More Liquefied Natural Gas To Europe In Light Of Ukraine Tensions. Here's Why - Abc News

Australia offers to provide liquefied natural gas to "friends and allies" in Europe, should Moscow decide to cut off energy supplies in light of Ukraine tensions.
Read by 57% of LPs

business-standard.com 23 hours, 57 minutes ago

Bring Natural Gas Under Gst For Pm's Vision Of Gas-based Economy: Industry | Business Standard News

Natural gas is currently outside the ambit of GST, and existing legacy taxes. : The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi's vision for a gas-based economy and raising the share of the environment-friendly fuel in India's energy basket, an industry body that represents the likes of Reliance Industries as well state-owned firms, has said. Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel.
Read by 35% of LPs

dailycaller.com January 26, 2022

Department Of Energy To Release Millions Of Barrels Of Oil From Reserve To Combat Surging Gas Prices | The Daily Caller

U.S. crude oil prices soared to a seven-year high last week. : The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve (SPR) to combat soaring gas prices. The DOE approved the release of 13.4 million barrels from its SPR, marking the second-largest exchange from the reserve and bringing the total amount of oil released from the cache to almost 40 million barrels.
Read by 66% of LPs

rigzone.com January 26, 2022

Hibiscus Buys Malaysia, Vietnam Assets From Repsol

Hibiscus Petroleum has completed the buy of Repsol's interests in oil and gas assets in Malaysia and Vietnam. : Malaysian oil and gas company Hibiscus Petroleum has completed the buy of Repsol's interests in oil and gas assets in Malaysia and Vietnam. To remind, when the agreement was initially announced in June 2021, the parties stated that the purchase price was $212.5 million. Hibiscus Petroleum said following the completion that out of the $212.50 million price tag, the net amount paid at completion was $123.65 million after taking into account various adjustments including the deposit paid of $15.00 million.
Read by 52% of LPs

zeenews.india.com January 26, 2022

Budget 2022: Bring Natural Gas Under Gst To Realise Pm's Vision Of Gas-based Economy, Urges Industry | Economy News | Zee News

The government should bring natural gas under the Goods and Services Tax, an industry body has said. : New Delhi: The government should bring natural gas under the Goods and Services Tax (GST) regime to realise Prime Minister Narendra Modi's vision for a gas-based economy and raising the share of the environment-friendly fuel in India's energy basket, an industry body that represents the likes of Reliance Industries as well state-owned firms, has said.
Read by 74% of LPs

express.co.uk January 25, 2022

Nicola Sturgeon Skewered Over Public Energy Company Vow As Prices Soar: 'broken Promise!' | Politics | News

NICOLA STURGEON has faced backlash after promising Scotland a publicly-owned energy company that would save the country from soaring prices by using renewables- a promise that has gone unrealised.
Read by 80% of LPs

etftrends.com January 24, 2022

Enfr Offers Diversified Energy Exposure

Oil prices fell about 3% on Monday, plagued by investor concerns over the speculation of sooner-than-expected interest rate hikes by the Fed. Natural gas is demonstrating more resilience amid the turbulent market. Natural gas has returned around 63% over the past year, the second-best of all energy commodities, trailing only heating oil at 66% during [...] The post ENFR Offers Diversified Energy Exposure appeared first on ETF Trends.
Read by 76% of LPs

mysanantonio.com January 24, 2022

Biden Revives 'clean Energy' Program With $1B Loan Guarantee

WASHINGTON (AP) -- The Biden administration has issued its first clean energy loan guarantee, reviving an Obama-era program that helped launch the country's first utility-scale wind and solar farms a decade ago but has largely gone dormant in recent years. The Energy Department said it would guarantee up to $1 billion in loans to help a Nebraska company scale up production of "clean" hydrogen to convert natural gas into commercial products used in manufacturing and agriculture.
Read by 70% of LPs