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(Reuters) -Oil and gas supplier Enterprise Products Partners on Monday sued CPS Energy, a Texas gas and power utility, alleging failure to pay nearly $100 million for natural gas delivered during the state’s February winter storm.
FILE PHOTO: The headquarters of energy pipeline operator Enterprise Products Partners seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams
The lawsuit is the latest to emerge from a severe cold snap that drove prices and demand for natural gas and electricity to hundreds of times their pre-storm levels. Houston gas prices bit.ly/3noiRVL hit $400 per million British thermal units (mmBtu) from about $4.50/mmBtu a week earlier.
By Reuters Staff
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SINGAPORE (Reuters) -BHP Group Ltd said on Thursday it completed its first refuelling of a ship with biofuel this month in a trial run that is part of its efforts to reduce carbon emissions.
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It was also the first time that a ship has been refuelled with biofuel in Singapore, the world’s largest bunkering hub.
A biofuel blend derived from certified sustainable feedstock sources such as cooking oil, crude tall oil and sewage sludge was used on April 4 to refuel the 81,000 deadweight tonne dry bulk carrier Kira Oldendorff which was on its way from Australia to Europe.
Nearly half of all oil pipelines from the Permian basin, the biggest U.S. oilfield, are expected to be empty by the end of the year, analysts and executives said.
By Reuters Staff
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FRANKFURT (Reuters) - Europe could devote 40,000 km (24,800 miles) of natural gas pipelines to hydrogen by 2040 once production and imports of the alternative fuel take off, transmission systems operators (TSOs) said on Tuesday.
FILE PHOTO: An aerial picture shows the four natural-gas power plants Gersteinwerk of Germany s RWE Power, one of Europe s biggest electricity and gas companies near the North Rhine-Westphalian town of Hamm, Germany May 6, 2015. REUTERS/Wolfgang Rattay/File Photo
The hypothetical European hydrogen backbone scenario envisages how elements of 2020 “green” hydrogen strategies at European Union and national level will fit together, said speakers during an industry webcast involving 23 grid operators from 21 countries.