The European Union has announced it will no longer classify Power plants fueled by natural gas as a sustainable investment in Europe. Reutters reports that the only exception to this rule lies in the investment meeting emissions limit which reports say none currently comply with, according to draft European Union regulations.
The current rule of the EU prescribes that projects can only be classified as sustainable if they make a “substantial” contribution to curbing climate change - gas power plants must not produce more than 100 grams of CO2 equivalent per kilowatt hour.
It was reported by Reuters that from a senior official, Azerbaijan will move ahead with plans to feed natural gas into an expanded pipeline network to southern Europe, even as violence rages in the Nagorno-Karabakh enclave for the sixth week.
A mountain enclave internationally recognized as part of Azerbaijan but populated and dominated by ethnic Armenians, the fighting in Nagorno-Karabakh has raised concerns about the safety of oil and gas pipelines in Azerbaijan.
The Trans-Adriatic Pipeline, or TAP, stretches 878 km (546 miles) from Turkey 's border with Greece through the mountains of Albania and the Adriatic Sea to Italy and is far from Azerbaijan.
Yusuf Gagdi, Chairman of the House of Representatives Navy Committee, has announced that the Committee would do everything within its constitutional powers to help the Nigerian Navy perform optimally.
Vice Admiral Ibok-Ete Ibas argued that the Nigerian Navy has been mainly concerned with its constabulary or police roles in the last two decades , despite its military roles, in the face of multi-dimensional maritime threats , especially from crude oil robbery, illegal bunkering, pipeline vandalism and piracy, among others.
Reuters reported that as Democrat Joe Biden advanced closer to the White House in a tight U.S. presidential election, oil prices were relatively steady on Thursday, while questions remain about more enormous stimulus to help the economy in the face of the Coronavirus crisis.
Brent oil dropped by 1446 GMT and the U.S. 2 cents to $41.21 a barrel. West Texas Intermediate ( WTI) crude at $39.02 was down 13 cents, or 0.3%. On Wednesday, both contracts jumped around 4 percent.
CenterPoint Energy has stated that it has submitted a rate proposal to state regulators aimed at recovering the costs of its 7-year $240 million modernisation pipeline program in southwestern Indiana for its South Indiana Gas and Electric Pipeline (SiGECO).
In order to comply with Federal safety regulations, ensure continued safe, and efficient delivery of the gas services of more than 113,000 clients, the Pipeline Modernization Proposal was filed in 2013 with the Indiana Use Regulatory Committee. Since 2013, this study has reduced methane emissions by 36 percent
By signing a series of deals involving hydrogen and low-carbon mobility ventures, the Italian gas group, Snam, has taken its first steps in India , the company said on Friday.
The largest gas transport company in Europe said it had agreed to create a partnership with Adani in India to grow a hydrogen business in India and abroad and to use biogas for low-carbon transport projects.
The group has also signed an agreement with state-owned Indian Oil to collaborate on energy transformation projects, including gas storage and regasification.
The Meleiha concession in the Western Desert will be explored and built by IEOC, Eni's joint venture with EGPC, and the Russian firm Lukoil, while the second deal between EGPC and BP will be for the South Ghareb Offshore concession in the Gulf of Suez.
In order to exploit the Wadi Deeb Concession in the Eastern Desert, the third agreement brings together the state-owned South Valley Egyptian Petroleum Holding Company (Ganope) and the Egyptian National Petroleum for Exploration and Development Company (Enpedco), a majority-owned company of the Military National Service Projects Organization.
Gas transmission by India's Gujarat State Petronet Ltd will increase by about a quarter in the next fiscal year beginning in April as it connects northern regions to an existing grid in the western state, a company official said on Tuesday.
According to Reuters, the 930-km (578-mile) pipeline connecting Mehsana in Gujarat to Bathinda in the northern state of Punjab at a cost of 55 billion rupees ($739 million) will be ready by March, said Sanjeev Kumar, joint managing director of the company.
India's coronavirus lockdown affected pipeline construction, with a daily capacity of 30 million cubic meters (mmscmd) and was delayed by the initial completion date of December.
