With nuclear power generation being phased out, coal considered too inflexible and the potential for shale gas to overcome current negative connotations in parts of Europe, natural gas as a source of electricity generation is drawing increased interest in Germany, which is rapidly moving toward total reliance on renewable sources for power generation.
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Russia’s OAO Rosneft apparently no longer is considering BP plc as a partner for its planned Arctic development. The strategic alliance had included an Arctic exploration joint venture as well as a stock swap (see NGI, Jan. 17) BP’s current Russian partner TNK-BP objected and legally blocked the alliance (see NGI, May 30). BP CEO Bob Dudley, who had helped craft the proposed alliance, said the company was “moving on,” readying the launch of 30 global projects by the end of 2016 and returning to work in the Gulf of Mexico.
Chilean Rescue Facilitated With Pennsylvania Drilling Rigs and Bits
Drilling products manufactured by two Pennsylvania companies, Center Rock Inc. of Berlin in southwestern Pennsylvania and Schramm Inc. of West Chester, near Philadelphia, were instrumental in the rescue Wednesday of 33 Chilean miners trapped for more two months in an underground mine.
Analysts: Gazprom’s Pricing Tweak Could Send More LNG to the U.S.
Russia’s Gazprom has taken steps to price a portion of its pipeline gas supplies more competitively with spot market liquefied natural gas (LNG) alternatives available to European buyers, and this could have repercussions for U.S. gas markets, analysts at Barclays Capital said Tuesday.
Analysts: Gazprom’s Pricing Tweak Could Send More LNG to the U.S.
Russia’s Gazprom has taken steps to price a portion of its pipeline gas supplies more competitively with spot market liquefied natural gas (LNG) alternatives available to European buyers, and this could have repercussions for U.S. gas markets, analysts at Barclays Capital said Tuesday.
Waiver Likely to Widen Gazprom, Statoil Access to U.S. LNG Markets
FERC last Thursday approved a request by the U.S. affiliates of Norway’s Statoil ASA and Russia’s Gazprom for a waiver of the agency’s prohibition on tying capacity releases to “extraneous conditions” — which could help to expand the companies’ liquefied natural gas (LNG) footprint in the United States.
Waiver Likely to Widen Gazprom, Statoil Access to U.S. LNG Markets
The Federal Energy Regulatory Commission Thursday approved a request by the U.S. affiliates of Norway’s Statoil ASA and Russia’s Gazprom for a waiver of the agency’s prohibition on tying capacity releases to “extraneous conditions” — which could help to expand the companies’ liquefied natural gas (LNG) footprint in the United States.
Waiver Likely to Widen Gazprom, Statoil Access to U.S. LNG Markets
The Federal Energy Regulatory Commission Thursday approved a request by the U.S. affiliates of Norway’s Statoil ASA and Russia’s Gazprom for a waiver of the agency’s prohibition on tying capacity releases to “extraneous conditions” — which could help to expand the companies’ liquefied natural gas (LNG) footprint in the United States.
Press Report: Gazprom Rethinking Export Strategy
Top executives at Russia’s Gazprom were said to be meeting this week to discuss whether to revise their plans to export liquefied natural gas (LNG) to U.S. markets.
Press Report: Gazprom Rethinking Export Strategy
Top executives at Russia’s Gazprom were said to be meeting this week to discuss whether to revise their plans to export liquefied natural gas (LNG) to U.S. markets.