Centrica boss ‘worried’ about low gas storage reserves
Christopher O’Shea, chief executive of British Gas owner Centrica, has said he is “worried” about low gas reserves this winter.
Natural Gas
The resilient energy systems of tomorrow demand changes to gas infrastructure today
From now to 2050, global electricity demand is set to double from current levels. At the same time, the world must reduce carbon emissions to make progress towards net zero. If we are to do this, the most pragmatic step we can take is to respond to the demand for power by building new plants while simultaneously decarbonising our existing energy infrastructure.
Japan to Propose Global Natural Gas Reserve to Avoid Shortages
Japan plans to propose a global stockpile for natural gas, similar to the emergency reserve in the oil sector, to help avoid future shortages and stabilize prices.
Singapore unveils plan to target net-zero emissions by 2050
Singapore will target net-zero emissions by 2050 and is bolstering its short-term climate goals even as the city-state acknowledges it faces challenges to shift to cleaner energy sources.
European gas drops as mild weather and stockpiles ease nerves
European natural gas prices extended declines as mild weather and ample stockpiles ease concerns about shortages.
Hydrogen will not play major role in heating UK homes – review
Hydrogen will not have a major role in the future of heating homes across the UK, according to a new review of more than two dozen independent studies.
PM’s plan needs to do more to decouple gas from electricity prices
Liz Truss’ energy plan is a “sticking plaster”, an expert has said, with more focus needed to decouple gas from electricity generation prices.
Gazprom declares force majeure on some European gas buyers
Russian gas giant Gazprom has declared force majeure on several European natural gas buyers - a move that may signal it intends to keep supplies capped, reinforcing Russia’s grip on the region’s energy.
Europe to ration gas if Nord Stream stays shut, Ineos says
Europe will need to ration natural gas to meet winter heating demand if the Nord Stream pipeline doesn’t restart after planned maintenance, according to Ineos Group.
Bilfinger supporting Cadent to ensure natural gas supply to UK households
Bilfinger and gas distribution network operator Cadent have teamed up to ensure a stable supply of natural gas to UK households.
Kwarteng to classify natural gas as ‘green’ investment to support North Sea
Natural gas is to be classified as a “green” investment under proposals from business secretary Kwasi Kwarteng, according to a report.
Shell and Siemens Energy deliver ‘uncomfortable truths’ on natural gas at All-Energy
Industry leaders delivered what they termed “uncomfortable truths” on the use of natural gas in the UK at a major renewables and low-carbon industry event this week.
Kellas Midstream to invest three-quarters of a billion pounds in major blue hydrogen project
It is full steam ahead for Aberdeen-headquartered Kellas Midstream as it plans to push on with a £750 million investment for a major blue hydrogen project.
Southern North Sea vies to be UK’s shining example of energy integration
“Scotland will become the offshore wind capital of the world, I think that’s inevitable,” says Martin Dronfield, chairman of the East of England Energy Group (EEEGR), "but the East of England can and will become the integrated energy exemplar in the UK.”
Wind farms are paying the UK Government for the first time ever
For the first time ever, the giant fleet of UK wind farms are earning the government money.
Scottish accountant says open energy market has ‘completely backfired’
Putting the latest failed energy supplier under a “special” administration will help to avoid a further collapse at another supplier, a Scottish insolvency expert has said.
‘Vital’ gas storage project given green light by UK Gov to forge ahead
Harland & Wolff has been given the green light to push ahead with a “vital” gas storage project that could help to ensure security of supply in the UK.
Shell predicts cash boost from rising gas and electricity prices
Shell (LON: RDSA) has said that it expects cash flow to be bolstered by soaring prices for gas and electricity.
Virtue alone does not keep the lights on
Whatever message is drawn, the current explosion of interest in energy policy should ensure that realism impinges upon the rhetoric which will accompany COP26. Virtue alone does not keep the lights on.
UK natural gas reaches highest ever price
European energy prices soared to fresh records amid worsening fears over supply, with UK natural gas futures exceeding the threshold of 300 pence a therm for the first time ever.
TotalEnergies seeking £220m for partial stake in Laggan Tormore field: Report
TotalEnergies is seeking to sell part of its stake in the huge Laggan Tormore gas field in the west of Shetland, according to a news article.
Energy majors, including Chevron and ExxonMobil, team up to promote natural gas in Asia
Energy majors, including Chevron, ExxonMobil, JERA, JGC, Mitsubishi Heavy Industries, Santos and SK E&S, are banding together to help nations in Asia achieve lower carbon emissions by promoting natural gas. Together they have established an advocacy group called Asia Natural Gas and Energy Association (ANGEA) that will join with policymakers to find solutions to cut carbon emissions.
UK natural gas prices reach record high as supply concerns mount
Natural gas prices in the UK and the Netherlands soared to record highs as concerns over tight supplies mount while demand increases.
Deltic chairman: ‘We need natural gas and should be producing it domestically’
The chairman of Deltic Energy has underscored the need for domestic natural gas supply in the UK in order to meet net zero.
UK energy suppliers go out of business as natural gas prices surge
Small energy suppliers in the UK are going out of business as natural gas and power prices reach record highs across Europe.