On Sunday, the Earth sizzled to the hottest day ever measured by humans, yet another heat record shattered in the past couple of years, according to the European climate service Copernicus on Tuesday. Preliminary data from Copernicus shows that the global average temperature Sunday was 17.09 C, beating the record set just last year on … Read more
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri addressing the first edition of UrjaVarta 2024 in Delhi on Thursday. | Photo Credit: Special arrangement Petroleum Minister Hardeep Singh Puri said a joint working group (JWG) has been constituted to improve ease of doing business in the oil exploration and production (E&P) sector. The … Read more
The Alberta government kicked off a flurry of activity three years ago when it began awarding the rights to underground caverns for storing carbon emissions. The gold rush was underway as companies announced dozens of projects and competed to stake their claim for those rights. The wave of new projects raised expectations that the oilpatch … Read more
Shell Canada has announced it will forge ahead with a pair of carbon capture projects in Alberta, after recent setbacks for other proposed projects in the sector have cast doubt on the technology. The Calgary-based operator said Wednesday it has made a final investment decision for its Polaris carbon capture project at its Scotford refinery … Read more
For the first time, Alberta’s oil and gas industry has exceeded the province’s own regulatory limit for natural gas flaring. A tally by The Canadian Press of Alberta Energy Regulator data shows oil and gas companies in the province flared approximately 754 million cubic metres of natural gas last year, exceeding the annual provincial limit … Read more
Still, the sanctions will force Moscow to overhaul its LNG business model — particularly for supplies it sends to Asia through Europe. Russia will now likely have to reroute those shipments via the Arctic Sea, requiring specially equipped icebreakers that are in short supply. For Germany, however, the disagreement wasn’t even about fuel. Berlin was … Read more
It is unclear whether the plan would involve exports of Azerbaijani gas via Russia, or if the volumes would be “swapped” between the two countries before they were shipped. Either way, according to Aura Sabadus, a gas markets expert with commodities intelligence firm ICIS, any deal would likely allow Moscow to collect at least some … Read more
The Alberta government pointed Tuesday to a new report from a federal advisory committee, calling it proof that Ottawa should abandon its “reckless” 2035 clean electricity targets. But the chair of the committee behind the report said its recommendations are aimed at toning down the political rhetoric around clean power and helping Ottawa and the … Read more
The reassurance to anxious European officials comes several months after Biden halted the sign-off of pending or future LNG exports from new gas projects — a surprise move meant to ease concerns from climate-conscious voters ahead of a knife-edge election in November. The decision rattled European industry, given its increasing reliance on U.S. LNG as the … Read more
In an era when energy security becomes crucial for Europe, amid all the challenges posed by Russia’s war in Ukraine, the exploitation of Romanian natural gas from the Black Sea’s depths emerges as a tangible factor in strengthening energy supply security, for the countries in the region, and for the entire European Union. The European … Read more
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