Trump EPA will weaken the rule limiting harmful air toxins and mercury from coal plants
The Trump administration announced Friday that it would roll back clean air regulations that limit mercury and hazardous toxic pollutants from power plants. Public health groups warned it would harm America's most disadvantaged. The Environmental Protection Agency of President Donald Trump has stated that…
NYT reports that US EPA plans on loosening mercury rules for coal-fired plants this week.
The 'New York Times' reported on Wednesday that the Trump administration will loosen restrictions this week on coal-burning power plants, allowing them more freedom to emit a variety of?hazardous pollutions, including mercury. The paper reported that senior U.S. Environmental Protection Agency representatives are expected to make the announcement during a visit to Louisville…
Canada boosts investments in Ukraine's Energy Sector
The two governments announced on Wednesday that Canada would increase its support for Ukraine's energy industry, working with the industry to provide?oil and gas equipment at favorable terms, as well as boost investments in renewable energy. As part of the full-scale invasion that began in February 2020…
In March, a Greek-led joint venture will provide US LNG to Ukraine
It was announced?on a Monday that a Greek joint venture had signed its first contract to'supply U.S. Liquefied Natural Gas to Ukraine in March.' Greece is seeking to strengthen its role as a gas transit route into Europe, which has plans to ban Russian imports by the end of 2027. Ukraine is facing its worst…
Uniper CEO: EU accepts that Russian units cannot be sold by Uniper
Uniper CEO: The European Union has accepted that Uniper is unable to meet a condition of the bailout package worth?13.5 billion euros ($16.2 billion), because it cannot sell its Russian subsidiary. This subsidiary, now controlled by Moscow, belongs to Uniper. Berlin had to rescue Uniper in 2022 due to the energy crisis in Europe.
CEO of Uniper says that the EU has accepted that Uniper cannot sell Russian units in a bailout deal.
According to the CEO of the German utility, Uniper's Russian division Unipro is currently unsellable. The European Union acknowledged this and has approved a bailout worth 13.5 billion euros ($16.2 billion). Berlin had to rescue Uniper in 2022 due to Europe's energy crisis. Brussels set conditions for the bailout approval, including disposing of ten assets by the end of 2026.
Zelenskiy, the Ukrainian Zelenskiy, orders faster imports for electricity and power equipment
Volodymyr Zelenskiy, the president of Ukraine, said that he has ordered imports to be as fast as possible. This is because Ukraine is facing its worst energy crisis since World War II. The government declared an emergency because the damaged system is only meeting 60% of its electricity needs. Extremely cold temperatures have exacerbated the situation.
Netanyahu: Israel has approved a natural gas agreement with Egypt
Israel approved a deal to supply natural gas to Egypt. Israeli Prime Minister Benjamin Netanyahu announced the deal on Wednesday. He called it Israel's "largest-ever" gas deal. Israel signed an export agreement with Egypt in August to provide up to $35 billion of gas from the Leviathan natural gas field. I have approved today the largest gas deal in Israel's?history.
Venture Global accuses Shell in FT report of a campaign to harm the LNG business
According to a Financial Times staff note published on Wednesday, Venture Global, a U.S. LNG manufacturer, accused Shell of waging "a three-year campaign" against its business. This was after Shell appealed a loss in arbitration. The report could not be verified immediately. Venture Global and Shell didn't immediately respond to our request for comment.
German spot price drops by 200 Euros on cold, still weather
German spot power prices for Tuesday increased on the expectation of a sharp decline in wind power supplies, while colder temperatures will increase demand for heating. The French baseload electricity price dropped over the weekend, despite the increase in nuclear power. The spot power price is much more volatile now than it was before the energy crisis of 2022…
Energy Transition' Future: Fractured, Bumpy and Long
As COP30 kicks off its second week in Brazil, much has changed since the landmark Paris climate agreement was penned 10 years ago.The spirit of cooperation that once reigned has been shattered by economic rivalries and a stark divergence in climate policies among the world’s biggest polluters.The landmark UN COP21 climate agreement signed in Paris on December 12…
German Lower House passes law allowing underground carbon storage
The lower house of the German Bundestag parliament has cleared the way for underground carbon storage. It passed a law on Thursday that identifies CO2 storage and pipelines to be of "overriding interest" in order to accelerate planning and approval. This measure aims to assist Germany in achieving climate neutrality by the year 2045.
Chevron is nearing a final greenlight on the expansion of Israel's Leviathan Gas Field
Chevron said that it is close to making a final decision on a possible capacity expansion for the Leviathan field, located off Israel's Mediterranean Coast. NewMed, Chevron’s partner in this field, said that in August partners in the Leviathan gas field signed a $35 billion deal, the largest in Israel’s history for gas exports to Egypt. This was mainly done via new pipelines.
Energean CEO: New $400 million Israel to Cyprus gas pipeline is awaiting approval from government
The head of Eastern Mediterranean gas producer Energean said on Tuesday that a $400 million pipeline will transport natural gas between Israel and Cyprus. Israel has also expressed its support. Energean signed on Monday a letter-of-intent with Cyfield, the leading Cypriot energy and industrial group, for…
$400m Natural Gas Pipeline Between Israel and Cyprus Awaits Government Approval
A $400 million pipeline to transport natural gas from Israel to Cyprus is awaiting government approval from both countries and Israel has expressed support, the head of Eastern Mediterranean focused gas producer Energean told Reuters on Tuesday.Energean on Monday signed a letter of intent with leading Cypriot…
Energean, a UK-based company, signs a 15-year contract for the transmission of Israeli gas
Energean, a British gas producer, announced on Friday that it had signed 15-year contracts for the planned Nitzana gas pipeline from Israel to Egypt. The agreement was part of a $4 billion contract with Israel. Energean reported that the deal with Israel Natural Gas Lines, a state-owned pipeline operator…
Renewing gas flows prevents a new energy crisis in rebel area of Moldova
The head of Moldova's largest energy firm said that gas will be re-routed to the separatist Transdniestria Region. This will prevent a repeat crisis of severe power and heat shortages in the region last January. This will allow the supply of hot water to resume and prepare for the start of winter heating season.
Australia Gas Market Interventions Fail, Regulator Finds
The Australian Competition and Consumer Commission said that the government's recent efforts to increase gas supplies and lower prices in Australia have largely been unsuccessful and could even be increasing the risk of shortage, according to the regulator. In a recent report, the Australian Competition and Consumer Commission (ACCC)…
Chevron, Israel Natural Gas Lines to Begin Construction of Gas Pipeline to Egypt
Chevron has signed a deal with state-owned pipeline operator Israel Natural Gas Lines to kickstart construction of the Nitzana natural gas pipeline to transport gas from the Leviathan gasfield to Egypt, the U.S. company said on Tuesday.Nitzana would ease an energy crisis in Egypt, which has spent billions…
Sources say that the German Economy Ministry is open to the idea of a SEFE-Uniper tie-up.
According to two sources familiar with the situation, the German economy ministry, which is responsible for the ownership of former SEFE Gazprom, would be open to combining the company with a bailed-out Uniper. Deliberations about a partial merger are taking place as the German government, which owns both…