Global Oil & Gas: EU Rules on Methane Curbs May Boost LNG Industry – Exxon

Global Oil & Gas: EU Rules on Methane Curbs May Boost LNG Industry – Exxon

New rules on curbing methane emissions in Europe’s energy sector may actually boost the case for liquefied natural gas and shouldn’t affect exports from the US. “All of the progress around emissions reduction is positive for the gas business,” Peter Clarke, senior vice president for global LNG at Exxon Mobil Corp., said at the Wood Mackenzie Ltd. oil and gas conference in London. “Ultimately it delivers what we are selling, which is a lower greenhouse…

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Mozambique Renewables: Zambezia province to have country’s first solar power plant

  The financing of the construction of Mozambique’s first solar power plant to be built in the Mocuba district of Zambézia province will be completed this month, the president of state power company EdM said on Monday in Maputo.

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Global Oil and Gas Market: EU prepares for Russian gas cuts

The European Union is preparing to take precautionary measures in case the biggest gas supplier, Russia, cuts its export this winter due to the crisis Ukraine. Measures could include the ban to companies selling imported LNG outside Europe, the order to keep more gas in reserve and the order to industry to stop using gas, reports Reuters. EU could be taking steps to ensure a more coordinated use of LNG regasification facilities as well as…

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