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Author Archives: Zach Koppang

‘Germany, Want to Rid Yourself of Russian Gas? – Turbo-charge the ‘Energiewende’!’

Jared Anderson | Breaking Energy Last week, the US and the EU hit Russia with a new sanctions regime in order to punish its continued meddling in destabilizing Eastern Ukraine. The economic restrictions are dubbed ‘Stage Three’ sanctions, indicating the increased level of severity meant to further ratchet up costs to the Russian economy. The sanctions now target Russian banking, ...

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State pulls lawsuit against Longmont in last-minute fracking deal

Tony Kindelspire | The Longmont Times-Call, Colo. Gov. John Hickenlooper announced Monday that he will call on the Colorado Oil and Gas Conservation Commission to drop a lawsuit against Longmont over new oil and gas regulations the city put in place two years ago. “He basically used the dismissal of the lawsuit as a measure of good faith,” Mayor Pro ...

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Why support the Clean Power Plan? Testimony from the EPA hearings

Peter Hobbs | Breaking Energy Across the country this week, the U.S. Environmental Protection Agency (EPA) held public hearings to solicit comments about its Clean Power Plan, which will put the first-ever national limits on the amount of climate pollution that can be emitted by power plants. EDF’s president, a senior attorney, and a clean energy specialist were among the ...

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Colorado Democrats avoid fracking fight

Ivan Moreno | The Associated Press DENVER — Colorado Democrats avoided a politically costly fight over oil and gas drilling after a quid pro quo deal pitched by the state’s fracking-friendly governor prompted groups to drop their dueling ballot proposals. The cease-fire compromise from Gov. John Hickenlooper was announced with great fanfare at the state Capitol Monday morning with U.S. ...

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US looks to calm South China Sea tensions

Matthew Pennington | The Associated Press WASHINGTON — The United States will be looking to calm tensions stoked by recent Chinese oil drilling in disputed waters of the South China Sea at an upcoming meeting of the region’s foreign ministers, a senior U.S. official said Monday. Although the U.S. claims neutrality in the disputes, China is unlikely to respond favorably. ...

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Energy News Roundup: Soaring Marcellus gas output, not Tesla Model X and Suez Canal expansion

growth

Jared Anderson | Breaking Energy Natural gas production from the Marcellus shale formation – primarily from West Virginia and Pennsylvania – exceeded 15 billion cubic feet per day through July, equivalent to 21% of total 2013 US marketed gas production. With the rig count essentially stable, increases in drilling productivity are driving output growth. “…production from new wells is more ...

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Wyoming oil and gas explores new areas

Zach Koppang | Shale Plays Media Although the Niobrara formation is being praised in Wyoming for its vast reserves, production is moving to other areas that show promise. The Wyoming Oil and Gas Commission says that Niobrara oil production has increased from 365,000 barrels in 2010 to 3.5 million barrels last year. But last week’s announcement of Chesapeake Energy making ...

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Factsheet: An Initiative to help modernize natural gas transmission and distribution infrastructure

Conor O’Sullivan | Breaking Energy Capstone Roundtable on Reducing Methane Emissions: Improving Safety, the Economy, the Environment, and Creating Jobs On Wednesday (Jul. 29) the White House and the Department of Energy hosted a Capstone Methane Stakeholder Roundtable.  In addition, DOE is announcing a series of actions, partnerships, and stakeholder commitments to help modernize the nation’s natural gas transmission and ...

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Warburg Pincus to invest up to $600 million in Zenith Energy

Greg Roumeliotis | Reuters Private equity firm Warburg Pincus LLC said on Monday it had agreed to invest up to $600 million in equity in Zenith Energy, a developer and operator of terminals that store and distribute petroleum, natural gas liquids and petrochemicals. The deal is a bet on growing crude production as well as on Zenith Chief Executive Jeffrey ...

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In Ukraine Crisis Wake: Geopolitics and a case for European LNG import terminals

Jared Anderson | Breaking Energy The global LNG supply options are broadening with new LNG export projects – both under construction and proposed – mushrooming especially in Australia, the US, Canada, Papua New Guinea, Mozambique, Tanzania et cetera. Conceivably, a severe competition in the global LNG market is in the not so distant future. What impact this “golden age of ...

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