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Natural gas loses decades-old tie to oil in landmark deal

A contract for France’s largest natural gas company to buy the commodity from Azerbaijan shows the decades-old structure of Europe’s energy market is starting to crumble.  More »

Gas carousel making Spain Europe’s biggest gas exporter

Spain overtook Norway in March to become the region’s biggest exporter of liquefied natural gas, but the southern European nation has never produced any of the fuel.  More »

Houston fills with crude oil that can’t be shipped out

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can handle. Storage tanks are filling as new pipelines carry light, sweet oil found in shale formations to the coast and U.S. law keeps companies from moving it out.  More »

Polar politics threaten Norway’s deepest drive in Arctic

The Norwegian government, seeking to sustain oil revenues that have fueled the country’s prosperity, has floated plans to let drillers push closer than ever to the ice cap — only to run into the strongest opposition yet.  More »

Putin expected to sign China gas deal as crisis forces hand

Vladimir Putin is more likely to sign a 30-year deal to supply pipeline gas to China next month after more than a decade of false starts because the crisis in Ukraine is forcingRussia to look for markets outside Europe.  More »

Pipeline violation penalties break record in 2013

The Pipeline and Hazardous Materials Safety Administration proposed $9.78 million in civil penalties against pipeline operators for alleged violations of federal law in 2013, the agency announced this week.  More »

Cars become biggest driver of greenhouse-gas increases

Emissions from transportation may rise at the fastest rate of all major sources through 2050, surging 71 percent from 2010 levels, mainly from emerging economies, according to a leaked draft a UN study on climate change.  More »

Will Putin cut off Ukraine’s gas supply?

On Monday, Ukraine missed a deadline to make a payment on its debt of about $2 billion to Russian natural gas giant Gazprom. Otilia Dhand, vice president at Teneo Intelligence, discusses the possibility of Russian President Vladimir Putin cutting gas supplies to Ukraine  More »

A landscape of fire rises over North Dakota’s gas fields

Twice as much natural gas is wasted through flaring than in 2012 amid an energy boom that’s propelled North Dakota’s torrid economic growth.  More »

Oklahoma swamped by surge in earthquakes near fracking

There have been more earthquakes strong enough to be felt in Oklahoma this year than in all of 2013, overwhelming state officials who are trying to determine if the temblors are linked to oil and natural gas production.  More »

‘Age of gas’ becomes a sideshow for US producers prizing oil

The “golden age of gas” that the International Energy Agency foresees as a result of the U.S. energy boom is hardly the future being embraced by industry executives.  More »

Hedge funds buy crude as US gasoline pump prices jump

U.S. refineries are processing the most oil since January as plants come out of seasonal maintenance, squeezing crude stockpiles for the first time in 11 weeks.  More »
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