Green hydrogen could price gas out of power markets by 2050
Power plants that run on hydrogen could be cost-competitive with those using fossil fuels by the middle of the century if governments double the cost of carbon pollution.
Gas
European gas prices fall as Ukraine, Russia deal averts crisis
European gas and power prices extended declines after a last-gasp accord between Russia and Ukraine on natural gas flows averted a winter supply crisis.
RSM’s 2020 oil and gas forecast: IR35, skills gaps and cautious optimism
Optimism with reservation
Oil holds near three-month high as US crude stockpiles shrink
Oil held gains near the highest close in over three months after U.S. crude stockpiles declined more than expected.
Further analysis needed to firm up Harvey-Redwell potential, IOG says
Independent Oil and Gas (IOG) will carry out further analysis and modelling to work out whether its Redwell and Harvey assets in the southern North Sea are worth developing.
Gas supply reconnected to more than 5,000 Scottish homes
More than 5,000 properties have been reconnected to the gas network as engineers work to restore supplies following a failure in the Falkirk area.
Thousands could be without gas for days during freezing conditions
Thousands of people could be without gas for days in central Scotland due to a mains failure.
Gas field in Tunisia’s ‘Star Wars’ region to start production
Tunisia’s biggest energy project -- a long-delayed, $1.2 billion joint venture with Vienna-based OMV AG -- will start producing natural gas by the end of the year, the country’s industry minister said.
Denmark sanctions giant Russia to Germany gas pipeline
Denmark will allow a joint German-Russian pipeline project, which will bring Russian gas directly to Germany under the Baltic Sea.
The place for gas in South Africa’s energy plans
The South African government has published its Integrated Resource Plan (IRP) with the aim of setting out the country’s future energy mix.
Nigeria seeks private sector support for gas infrastructure
Nigeria is taking steps to secure further public-private partnerships in order to develop infrastructure in the energy sector.
China’s CNPC quits flagship Iran gas project as sanctions bite
China National Petroleum Corp. is no longer a partner in Iran’s biggest natural gas project, and the Persian Gulf nation will develop Phase 11 of the giant South Pars field on its own, Oil Minister Bijan Namdar Zanganeh said, according to the ministry’s Shana news service.
Energean FPSO undocks in China
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Solo plans European reorientation
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.
Aminex wins more farm out time in Tanzania
Aminex is becoming more positive on its delayed farm out in Tanzania, giving it sufficient confidence to get under way with preparations for the Chikumbi-1 well.
Algerian power and paralysis
The Algerian government has set out steps intended to bring an end to the discontent that has left the country paralysed since February.
Majors on the wrong track for emission action
The largest listed oil and gas producers are moving in the wrong direction, according to a new report from Redburn, “Lost in Transition”.
Outlook for energy has ‘peak oil’ in the 2020s – DNV GL
Peak oil will occur in the next few years, a new report into energy transition has found.
Aker Solutions bags £65m Adnoc deal
Aker Solutions has won a £65 million order from Adnoc to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the Persian Gulf.
UK market sending out ‘strong economic signals’ for more gas storage
Two years after the U.K.’s largest natural gas storage site slipped into retirement, demand for new places to keep the fuel is ratcheting up.
Piper Alpha remembered 31 years after oil rig disaster
One of Scotland's most horrendous disasters in oil and gas history was remembered in Aberdeen today.
BP invests £23.6m in pioneering tech to turn gas into fish food
BP has splashed out £23.6 million in an "alternative protein" maker that will use the energy major's gas to make fish, livestock and pet feeds.
Montrose base ’embodies’ BHGE strategy, 160 jobs created
A £31 million base that will put the north-east of Scotland at the forefront of subsea oil and gas technology development and training was officially unveiled yesterday.
Siemens to cut 2,700 jobs at energy unit due for listing
Siemens AG said it will cut 2,700 jobs at its power and gas division, part of a sweeping overhaul announced last month to spin off the embattled business.
Updated: Total celebrates first gas from huge North Sea field
A huge North Sea field capable of covering 5% of UK gas demand has come on stream following investment of around £3.5 billion.