Gas Wells Leak Explosive Levels of Methane in California

Some Bakersfield residents are concerned about potential explosions after a state agency found that six idle oil wells near homes were leaking methane in the past several days. State and regional inspectors found concentrations of methane in the air around some of the wells at levels considered potentially explosive and environmental activists in the region … Read more

Hedge fund Elliott chases oil and gas deals, bucking Wall Street By Reuters

© Reuters. FILE PHOTO: A well site is seen in the Eagle Ford Shale oil field in Texas, U.S., May 18, 2020. REUTERS/Jennifer Hiller By David French (Reuters) – Energy bankers who lost one client after another when poor returns pushed many investment firms out of the U.S. oil patch got a welcome email earlier … Read more

3 Pipeline Stocks To Watch As Permian Ramps Up Gas Output

Five years after the United States became a net exporter of natural gas on an annual basis, the country’s natural gas exports, both by pipeline and as liquefied natural gas (LNG), have grown by leaps and bounds. The U.S. Energy Information Administration (EIA) has forecast that the United States will surpass Australia and Qatar to … Read more

U.S. motorists shrug off high gas prices, plan to hit road for Memorial Day

Breadcrumb Trail Links PMN Business Author of the article: Reuters Stephanie Kelly and Arathy Somasekhar Article content NEW YORK — U.S. Memorial Day weekend travel is expected to be the busiest in two years as more American drivers hit the road and shake off coronavirus lock-ins despite high fuel prices. The kickoff to the summer … Read more

J-POWER USA’s Jackson Generation Project Achieves Commercial Operation with the First Mitsubishi Power M501JAC Gas Turbines Manufactured in North America

Article content Owner, OEM and EPC Guided by Charter to Achieve Execution Excellence Article content ELWOOD, Ill. — J-POWER USA Development Co. Ltd. (J-POWER USA) has achieved commercial operation with the first two Mitsubishi Power M501JAC gas turbines manufactured in North America at its Jackson Generation Project, a 1,200 megawatt (MW) combined-cycle power plant in … Read more

North Sea’s biggest oil and gas producer warns against UK windfall tax

The biggest producer of oil and gas in UK waters has pushed back strongly against government threats of a windfall tax on the industry’s surging profits, warning it would make some North Sea projects uneconomic and could be “detrimental” to the country’s energy security. Linda Cook, chief executive of the FTSE 100 company Harbour Energy, … Read more

natural Gas: BMW exploring energy investments to reduce dependence on natural gas

BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas, the carmaker’s production chief told Reuters on Monday, warning an embargo on Russian gas would bring the industry to a standstill. The carmaker, which relied on natural gas for 54% of its energy consumption in 2021, is … Read more

Germany is keen to pursue gas projects with Senegal, says Scholz on first African tour

Breadcrumb Trail Links PMN Business Author of the article: Reuters Andreas Rinke and Sarah Marsh Publishing date: May 22, 2022  •  13 minutes ago  •  2 minute read  •  Join the conversation Article content DAKAR/BERLIN — Germany wants to intensively pursue gas and renewable energy projects with Senegal, Chancellor Olaf Scholz said on Sunday during his … Read more