December 16, 2017

North Sea gets huge boost with Culzean gas field – The Scotsman

THE biggest gas field discovered in the North Sea for more than a decade has been given the green light to start production in a long-awaited boost for the beleaguered sector. About quarter of a billion barrels of oil equivalent are believed to be located in the Culzean field east of Aberdeen. It is expected to create more than 400 jobs – and support a further 6,000 UK wide. Despite challenging times, this Government has backed the oil and gas industry at every turn, introducing a vital package of support to help it to protect and create jobs George Osborne…

Ukraine asks Russia for lower gas prices for winter season – Yahoo News

MOSCOW (AP) — Ukraine asked Russia on Friday for lower gas prices for the winter and said Moscow should accept to write off a part of its loans to Kiev, as other international bondholders did this week. Gas disputes between Russia and Ukraine have led to cut-offs of supply in the past, and one standoff in 2009 caused serious disruptions in gas flowing from Russia via Ukraine to the European Union. Russia and Ukraine last year struck an emergency deal on prices through the winter. That deal has expired, however, and the sides have to hold new talks if Ukraine…

Protest as North Yorkshire gas drilling application approved – BBC News

Campaigners held a silent protest as the North York Moors National Park Authority approved an application to drill for gas. Third Energy plans to conventionally drill at Ebberston Moor South and build an eight-mile (13.9 km) pipeline to a generating station at Knapton. Protestors claimed water produced during drilling, which is then reinjected into the ground, could contaminate the supply. The company said the risk was minimal. ‘No Risks’ Protestors, including Frack Free Ryedale, feared the application – although for conventional drilling – would set a precedent for companies who want to frack for shale gas elsewhere in North Yorkshire….

BP lobbied against EU support for clean energy to favour gas, documents reveal | Environment | The Guardian

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  The fossil fuel giant BP helped spur a concerted industry push to curb EU policy support for renewable energies such as wind and solar in favour of gas, the Guardian has learned. The European commission last year outlawed most subsidies for clean energy from 2017, and ended nationally-binding renewable targets after 2020, despite opposition from environmentalists and clean energy firms. The policy decisions were however requested by BP, Shell, Statoil and Total, and by trade associations representing a plethora of oil and gas majors. “It is clear that the fossil fuel companies worked strongly together to get rid of the binding renewable targets and…

Oil is cheaper than it’s been in years. Why aren’t gas prices? – The Washington Post

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  Oil prices have fallen this month to their lowest point in years, but fuel costs haven’t fallen nearly as quickly. While West Texas Intermediate crude, a U.S. benchmark, has dropped 15 percent in the last month, the cheapest it has been since 2009, prices at the pump have slipped just 3 percent. A barrel of crude cost $42.61 Tuesday afternoon. The national average for a gallon of regular-grade gasoline is now $2.66, according to AAA, still much cheaper than last year but well above what a gallon cost last winter. The gulf owes to a handful of factors — more people…

Obama Proposes Cuts in Methane Leaks From Oil, Gas Operators – Bloomberg Business

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  The Obama administration proposed rules to cut methane emissions from oil and gas production, the second major climate initiative by President Barack Obama this month. The proposed rules from the Environmental Protection Agency target for the first time oil wells, compressors and other equipment as part of a broad effort to reduce leaks of methane, a more intense greenhouse gas than carbon dioxide, by 40 percent to 45 percent by 2025 from 2012 levels. The industry says it has cut the pollution, and rules could choke a U.S. energy renaissance already dented by oil prices near a six-year low….

French Company Total Drops Shale Gas Well in Denmark – ABC News

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French energy company Total has halted a shale gas project in Denmarkafter disappointing results in exploratory drilling. Total said Tuesday the amount of gas found near Dybvad in northern Jutland was “not sufficient for commercial extraction” and that there would be no further exploration on the license “for the time being.” The license expires next year. The company earlier this year handed back another license in eastern Denmark. Denmark’s Energy Agency said there are currently no plans to issue new licenses for shale gas exploration. Total’s announcement was welcomed by environmental activists campaigning against fracking, the process used to extract shale…

Israel PM announces major offshore gas deal – Yahoo News

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Jerusalem (AFP) – Israeli Prime Minister Benjamin Netanyahu on Thursday announced a major deal between his government and a consortium including US firm Noble Energy on natural gas production in the Mediterranean Sea. The agreement is aimed at ending months of uncertainty and setting a framework for the exploitation of gas discoveries that are expected to bring major new government revenue. Political risks however remain, including a possible vote in parliament, where Netanyahu holds only a one-seat majority. “The agreement will bring in hundreds of billions of shekels (tens of billions of dollars) to Israeli citizens over the coming years,”…

Britain changes rules to fast-track shale gas permits – Yahoo News UK

LONDON (Reuters) – The British government will give its communities minister the power to directly approve shale gas permits, taking away decision-making from local politicians who have in the past months blocked the progress of Britain’s first shale gas wells. In late June, local government officials in northwest England rejected two applications to carry out hydraulic fracturing — or fracking, saying the projects would be too noisy and blight the landscape. New rules, applicable immediately, will allow government intervention to approve or reject permits and will also mean appeals involving shale gas projects will be given priority. Shale gas developer…

Alliance shuts down gas pipeline in Western Canada – Saskatchewan – CBC News

Alliance Pipeline has shut down a natural gas pipeline in Western Canada after poisonous hydrogen sulphide (H2S) gas got into the system. The Calgary-based energy company said Friday it has told companies feeding the pipeline to stop while corrective measures are taken. The company noted “that an amount of hydrogen sulfide (H2S) entered into its mainline pipel​ine system as a result of complications experienced by an upstream operator.” That operator is Keyera Corporation, which said in a press release Friday that there was “a brief operational upset during maintenance activities on the morning of Wednesday, Aug. 5, at its Simonette gas plant, located 60 kilometres southwest of Valleyview, Alta.” “Gas which did…