Gas – Page 22 – THE OVAL CIRCLE

World

‘We won’t allow banditry on our continental shelf’: Erdogan says Turkey won’t back down amid Mediterranean standoff

Posted on August 17, 2020August 17, 2020By Editor

Turkey will not bow to international pressure and “banditry” in the contested waters of the eastern Mediterranean, President Recep Tayyip Erdogan has said, promising to continue oil and gas exploration as planned. … Read More >‘We won’t allow banditry on our continental shelf’: Erdogan says Turkey won’t back down amid Mediterranean standoff

USA

1 killed, several injured as ‘major gas explosion’ obliterates three Baltimore homes (PHOTOS)

Posted on August 11, 2020August 11, 2020By Editor

A huge gas explosion has reduced three row houses to rubble in Baltimore, Maryland, killing one resident and injuring several others, the city’s fire department has said. At least five people remain trapped in the debris. … Read More >1 killed, several injured as ‘major gas explosion’ obliterates three Baltimore homes (PHOTOS)

Exxon: 20% of global oil & gas reserves may be WIPED OUT

Posted on August 7, 2020August 7, 2020By Editor

After a grim Q2 season for Big Oil, the world’s third-most valuable energy company is warning that 20% of the world’s oil and gas reserves may no longer be viable. … Read More >Exxon: 20% of global oil & gas reserves may be WIPED OUT

Russia

Pivot to ‘green’: Russian gas & nuclear energy giants Gazprom and Rosatom to start producing ‘clean’ hydrogen

Posted on July 24, 2020July 24, 2020By Editor

Russia’s move away from hydrocarbons took another step forward this week, as the country’s Ministry of Energy announced a roadmap to start producing clean hydrogen by 2024. … Read More >Pivot to ‘green’: Russian gas & nuclear energy giants Gazprom and Rosatom to start producing ‘clean’ hydrogen

EU

Turkish Drilling Vessel Fatih Begins Gas Exploration in Black Sea

Posted on July 22, 2020By Editor

Turkey’s Fatih drillship has begun exploratory drilling for hydrocarbons in the Black Sea, Energy Minister Fatih Donmez said on Monday. … Read More >Turkish Drilling Vessel Fatih Begins Gas Exploration in Black Sea

MASSIVE EXPLOSION rocks gas storage facility near military & research site outside Tehran (VIDEOS)

Posted on June 27, 2020June 27, 2020By Editor

A major explosion outside Tehran has triggered speculation of an attack against an army base or a research site, but the Iranian military says it was an incident at a gas storage facility. … Read More >MASSIVE EXPLOSION rocks gas storage facility near military & research site outside Tehran (VIDEOS)

Nord Stream 2 to challenge German regulator’s decision denying waiver of ‘discriminatory’ EU rules for gas pipeline from Russia

Posted on May 15, 2020May 15, 2020By Editor

The company building the Nord Stream 2 gas pipeline has vowed to appeal Germany’s refusal to remove the multibillion-dollar project from the restrictions laid out in the “discriminatory” EU Gas Directive. … Read More >Nord Stream 2 to challenge German regulator’s decision denying waiver of ‘discriminatory’ EU rules for gas pipeline from Russia

Oil price crash: 50% of US shale could go bankrupt

Posted on March 14, 2020March 14, 2020By Editor

Global demand fears and a new supply crisis have triggered the sharpest decline in oil prices in decades and US shale drillers could become the first victim. … Read More >Oil price crash: 50% of US shale could go bankrupt

The perfect storm sends natural gas crashing

Posted on March 1, 2020March 1, 2020By Editor

With inventories set to reach levels never seen before and a serious drop in demand in Asia, natural gas prices could be set to fall even further. … Read More >The perfect storm sends natural gas crashing