Category Archives: Gas

Canada oil and gas firms to drill 8% more wells next year as emissions target slips

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Producers take advantage of new shipping options, including government-owned Trans Mountain pipeline, to boost exports

Oil and gas producers say they will drill 8% more wells in Canada next year as they look to take advantage of new shipping options, including a controversial government-owned pipeline.

Amid forecasts that Canada is not on target to reach its emissions reductions goals, on Friday the Canadian Association of Energy Contractors (CAOEC) predicted nearly 500 more wells next year, to 6,229 projects.

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Greens could sink Labor’s gas industry scheme over concerns it supports fossil fuel expansion

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Exclusive: Adam Bandt says party cannot endorse $12 a gigajoule price cap due to exemptions allowing new ‘climate bomb’ gasfields

The Albanese government’s mandatory code for the gas industry could be at risk, with the Greens vowing to disallow the scheme because it supports new gasfields even as the climate crisis worsens.

The Greens will move a disallowance vote in the Senate next Monday, saying the code with its $12 a gigajoule price cap had benefited big gas users. Uncontracted supplies of the fossil fuel had also been diverted to the domestic market.

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‘Sea-country’ alliance could push traditional owners closer to mining industry, critics say

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National Sea Country Alliance Summit told that the agendas of environmental groups do not always align with First Nations priorities

An alliance formed by traditional owners to fight for their “sea-country” rights after court wins against Santos’s $5bn Barossa offshore gas project is set to sideline environmental groups, critics say.

More than 100 First Nations people met in Darwin for a two-day summit this week so traditional owner groups with responsibility for sea-country – particularly country that intersects with proposed offshore oil and gas projects – could discuss their rights and responsibilities “in the face of increased offshore energy proposals”.

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Oil and gas ‘not the problem’ for climate, says UK’s net zero minister

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Campaigners call Graham Stuart’s comments ‘laughable’ and say Conservatives are weaponising climate action

Oil and gas are “not the problem” for the climate, but the carbon emissions arising from them are, the UK’s net zero minister has told MPs.

In words that suggested the UK could place yet more emphasis on technologies to capture and store carbon, Graham Stuart said fossil fuel production was not driving climate change, but demand for fossil fuels was.

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North Sea oil and gas: what is the new licensing scheme, and will it cut bills?

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Rishi Sunak signalled changes in the king’s speech that create a policy divide with Labour

The government has confirmed its plans to grant new North Sea oil and gas licences every year at the opening of parliament, deepening a political fault line between the Conservatives and Labour, and angering environmental campaigners who argue it undermines efforts to reach net zero. Here, we examine the move.

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Anti-Woodside protesters gather at ABC studios amid fears Four Corners will reveal sources

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WA police demanded the ABC reveal its sources for an episode featuring a Disrupt Burrup Hub protest against a Woodside gas project

Protesters gathered at ABC studios in Melbourne, Sydney and Perth on Thursday morning amid fears the broadcaster would reveal its confidential sources for a Four Corners program.

An episode of the investigative program that aired earlier this month featured Disrupt Burrup Hub as they planned a protest against Woodside Energy’s enormous gas project on the Pilbara’s Burrup peninsula.

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Chevron to buy oil and gas producer Hess in $53bn all-stock deal

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Takeover puts Chevron head-to-head with ExxonMobil in oil-rich Guyana and US shale industry

Chevron has announced plans to buy the oil producer Hess Corporation in a $53bn (£44bn) deal, becoming the second American energy giant to place a vast bet on fossil fuel production this month.

The all-stock takeover, which will increase Chevron’s presence in oil-rich Guyana, was unveiled less than two weeks after another of the world’s largest oil companies, Exxon Mobil, said it would acquire the shale group Pioneer Natural Resources for $59.5bn.

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Chinese ship is focus of investigation into damaged pipeline, Finland says

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Police focusing on Newnew Polar Bear cargo ship that was in the area when gas pipeline was damaged

Finnish police have said a Chinese ship whose movement coincided with the time and place of the suspected sabotage of a pipeline between Finland and Estonia that was damaged this month is now the focus of their investigation.

After a leak led to the shutdown of the Balticconnector pipeline on 8 October, Finnish authorities have been investigating the damage they say was caused by “external” activity.

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Santos angers Tiwi people as it pushes ahead with plans to lay pipeline in Barossa offshore gas project

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Community says company has not been in contact about plans for drilling operation ‘threatening our environment and our cultural way of life’

Tiwi people have expressed anger at a Santos announcement that the company plans to commence laying one of the pipelines for its Barossa offshore gas project, which they say threatens burial grounds and sacred sites.

In its quarterly report, the fossil fuel company said it had notified Australia’s offshore petroleum regulator Nopsema that it had complied with a direction issued earlier this year to survey for underwater cultural heritage sites.

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Halloween-themed climate campaign aims to show horrors of methane gas

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Gas Leaks advocacy group’s ad resembling horror movie trailer is latest in broader push to counter fossil fuel industry messaging

You may have seen an unusual ad recently. It begins with an eerie, night-time shot of a house, then shows a woman in a dark kitchen heating a kettle over a gas flame.

“Home: the one place you’re supposed to be safe,” a narrator says. “But what if the danger is coming from inside the house?”

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Finland says ‘state actor’ not ruled out in mystery of damaged Baltic gas pipeline

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US secretary of state pledges support for Finland and Estonia, as Finnish officials say Russia is treating their country as ‘hostile’

Finland has said it cannot exclude the possibility that a “state actor” was behind damage to a gas pipeline under the Baltic Sea, amid what its national security intelligence service called “significantly deteriorated” relations with Russia.

The US secretary of state, Antony Blinken, said on Thursday the US would support Finland and Estonia as they probed the damage to the Balticconnector pipeline and parallel Estlink telecommunications cable between the two countries.

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Undersea pipeline damage appears to be deliberate, says Finland

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Media cites intelligence sources saying Russian sabotage suspected after unusual drop in pressure

Extensive damage to an undersea gas pipeline and communications cable connecting Finland and Estonia “could not have occurred by accident” and appears to be the result of a “deliberate … external act”, Finnish authorities have said.

“It is likely that the damage to both the gas pipeline and the communication cable is the result of external activity,” the Finnish president, Sauli Niinistö, said on X, formerly Twitter, on Tuesday, adding that the cause of the damage was not yet clear.

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Oil price leaps and airline shares fall after Hamas attack on Israel

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Investors predict more instability in Middle East, as some flights to Tel Aviv are suspended

Oil and gas prices rose on Monday and airline shares fell amid widespread flight cancellations as markets reacted to the surprise attack on Israel by the militant group Hamas.

Investors appeared to be pricing in the prospect of more instability in the Middle East, given the warning from the Israeli prime minister, Benjamin Netanyahu, that his country was embarking on a “long and difficult war”. The death toll has passed 1,100 since fighting started on Saturday and is rising.

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Mark McGowan phone call allegation puts fossil fuel influence in WA under new spotlight

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Carmen Lawrence says former premier’s behaviour, if true, is ‘certainly improper’ and ‘ethically questionable’ and shows power of oil and gas interests

Claims that the former Western Australia premier Mark McGowan directly put pressure on the independent Environmental Protection Authority to withdraw climate guidelines opposed by gas companies are evidence of the fossil fuel industry’s “ownership” of the state, senior figures say.

Carmen Lawrence, another former Labor premier, said McGowan’s alleged behaviour four years ago, if true, was “certainly improper”, “ethically questionable” and “illustrated the power that fossil fuels have to influence the government” in the state.

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WA police condemned for ‘shocking’ demand for ABC to hand over footage of climate protesters

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Civil society groups call on broadcaster not to comply with order they say is an ‘alarming overreach’ and ‘undermines press freedom’

Civil society groups have accused Western Australia police of undermining press freedom by demanding the ABC hand over Four Corners footage of climate protesters, and urged the broadcaster to protect its journalists’ sources.

In response to the police demand the ABC’s managing director, David Anderson, has said the broadcaster would never reveal its sources, but he did not rule out handing over the vision.

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UK go-ahead for North Sea oil and gas field angers environmental groups

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Campaigners including Greta Thunberg had called for halt to Rosebank project involving Oslo-listed Equinor

Britain has given the go-ahead to develop the UK’s biggest untapped oilfield off Shetland, sparking outrage from environmental campaigners.

The UK oil and gas regulator’s decision to grant the Oslo-listed Equinor and the British firm Ithaca Energy permission to develop the Rosebank oil and gas field in the North Sea was condemned by the Green party MP Caroline Lucas as “the greatest act of environmental vandalism in my lifetime”.

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Petrostate windfall tax would help poor countries in climate crisis, says Brown

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Former British PM calls for 3% levy on oil and gas export revenues of biggest producers to generate $25bn a year for global south

Petrostates should pay a small percentage of their soaring oil and gas revenues to help poor countries cope with the climate crisis, the former UK prime minister Gordon Brown has urged.

Countries with large oil and gas deposits have enjoyed a record bonanza in the last two years, amounting to about $4tn (£3.3tn) last year for the industry globally. Levying a 3% windfall tax on the oil and gas export revenues of the biggest-producing countries would yield about $25bn a year.

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Russia temporarily bans export of petrol and diesel to stabilise domestic market

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Four ex-Soviet states excepted from ban, which has been prompted by railway bottlenecks and weak rouble

Russia has temporarily banned exports of petrol and diesel to all countries outside a circle of four ex-Soviet states with immediate effect, in order to stabilise the domestic market.

“Temporary restrictions will help saturate the fuel market, which in turn will reduce prices for consumers,” the Kremlin said in a statement.

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Australian governments need to set clear policy direction for gas sector, says regulator

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As a growing number of householders turn off the gas, the fossil fuel sector will need clear policy direction from government, says energy regulator

The Australian Energy Regulator says it will be up to governments to “set clear policy direction” for the gas sector as more households ditch the fossil fuel, and bans on new connections spread from Victoria to other jurisdictions.

The AER in June set a $220 standard fee for Victorian households to disconnect from gas in its 2023-28 access agreement. New South Wales is next up, with a decision on its pricing due before next June, with those for the ACT and South Australia to follow a year later.

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EU imports of Russian liquified gas leap by 40% since Ukraine invasion

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Pipeline flows from Russia have fallen to historic lows, but shipments of LNG from all over the world have surged

EU imports of Russian liquified natural gas (LNG) have increased by 40% since the invasion of Ukraine despite efforts to cut down supplies.

Member states have bought more than half of Russia’s LNG on the market in the first seven months of this year, according to analysis of data by Kpler, which tracks marine and tanker traffic.

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