Nicholas Cunningham
Energy Transition Correspondent at Gas Outlook
Oil and Gas reporter. Correspondent for @GasOutlook. https://t.co/pIG7TiniKT
Articles
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3 weeks ago |
gasoutlook.com | Nicholas Cunningham
One of Germany’s largest asset management companies, Union Investment, has divested from ExxonMobil and EOG Resources over the oil companies’ lack of climate strategy. Union Investment, a Frankfurt-based asset manager with 500 billion euros under management, has sold its holdings in the two U.S. oil companies.
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3 weeks ago |
gasoutlook.com | Nicholas Cunningham
The European Union is considering a “simplification” of its Methane Regulation to facilitate more U.S. LNG imports, according to a draft document seen by Gas Outlook. Europe is slowly rolling out its Methane Regulation, which aims to ensure imported gas meets stringent emissions requirements. To be phased in over the coming years, imported gas would need to demonstrate low levels of methane emissions at the point of production.
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1 month ago |
gasoutlook.com | Nicholas Cunningham
In the waning hours of the Texas legislative session, a series of harsh bills that could have ended the renewables boom in the state have seemingly been shelved. Known for its enormous oil and gas production, Texas has become the U.S. leader in solar and wind power generation, along with battery storage. Texas has a deregulated electricity market, and it is easier to build new sources of electricity compared to other states.
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1 month ago |
gasoutlook.com | Nicholas Cunningham
A Florida power plant has emitted huge plumes of methane that are visible from space on multiple occasions in recent months, according to satellite data. Florida Power & Light’s (FPL) gas-fired power plant in Cape Canaveral released pulses of methane at least five times between February and May. The largest emissions event occurred on April 30th, at around 12:30pm local time. The power plant spewed methane at a rate of over 3,000 kilograms per hour.
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1 month ago |
gasoutlook.com | Nicholas Cunningham
Mexico could cut its overwhelming dependence on the U.S. for gas and dramatically enhance its energy security if it accelerated deployment of renewable energy, according to a new report. Mexico is highly dependent on gas from the U.S., particularly from the Eagle Ford and Permian basin shale formations in Texas. Mexico imports about three-quarters of its gas from the United States, an import dependence that has grown at an alarming rate, up from around 40 percent a decade ago.
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