Tag: gas

Saudis plan regional gas grid

Saudis plan regional gas grid

Saudi Arabia is discussing the opportunities that would come with an interconnected natural gas grid in the Middle East region that would help export the Kingdom’s commodity to the UAE, Kuwait and Oman. Saudi Arabia’s Energy Minister Khalid al-Falih was quoted by Gulf News as saying: “I am talking to […]

Uniper win German gas power plant contract

Uniper win German gas power plant contract

Uniper has won the contract to build the first German gas-fired power plant in a decade, which will act as a “safety cushion” for the country that has recently increased its reliance on renewables. The 300 mega-watt plant (MW) will be located in the southern town of Irsching and will […]

UK coal revival as gas prices spike

UK coal revival as gas prices spike

Coal has seen a resurgence in the UK due to rises in gas prices. Utility companies have increased their demand for coal after a surge in wholesale natural gas prices, which reached a 10-year high this month. Since June there has been a gas price spike of 50 percent in […]

Cuadrilla gets the go-ahead to frack second Lancashire site

Cuadrilla gets the go-ahead to frack second Lancashire site

Cuadrilla has received the final approval needed from the UK Government to frack a second exploration well at its Preston New Road site in Lancashire. The shale company has already been given the go-ahead by ministers for fracking at its first well at the site and has planning and environmental […]

Coal steps up amidst rising gas prices

Coal steps up amidst rising gas prices

The UK energy market has seen a surge in the use of coal as higher gas prices have forced utilities to look for alternate options. As wholesale gas prices hit 10-year highs, forcing consumer energy prices up, coal fired power has become significantly cheaper than its gas counterpart. “It became […]

Gas prices up on low wind output

Gas prices up on low wind output

Wholesale gas prices in the UK rose this week as demand from gas power plants rose following low wind output during the current heatwave. On Tuesday, within-day contract was up 1.00p for TRGBNBPWKD at 56.75p per therm, while day-ahead gas TRGBNBPD1 was also up 1.00p at 56.60p per therm. One […]

Gas leaks worse for environment than initially thought

Gas leaks worse for environment than initially thought

New research has found that methane leaks from the US oil and gas industry are 60% higher than previous government estimates. A paper published in the journal Science, correlated by the Environmental Defense Fund, found that previous research had under estimated levels of methane leakage by missing large escapes during […]

Gas shortages spark concerns over coal phase out

Gas shortages spark concerns over coal phase out

Europe has set its ambitions to use more gas in its energy mix in place of coal, however it is too expensive making it unprofitable to generate electricity. Following the coldest winter in six years, gas stores in the UK were at their lowest level since 2012 with restrained pipeline […]