Gazprom

This Could Be The Most Exciting Natural Gas Play in Europe

Retrieved on: 
Thursday, February 29, 2024

LONDON,  February 29, 2024  /PRNewswire/ -- Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for affordable domestic resources that Russian Gazprom doesn't control.  Companies mentioned in this release include:  Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy (NYSE:TALO), Cheniere Energy (NYSE:LNG).

Key Points: 
  • Welchau is adjacent to an up-dip from a discovery that intersected at a gas column of at least 400 meters, testing condensate rich for pipeline-quality gas.
  • Natural gas is being reclassified as green and sustainable, which is a boon for the development of MCF Energy's assets.
  • Their strategic moves in the natural gas sector, especially with their investments in LNG projects and shale gas explorations, position them as a leader in this segment.
  • Their investments in natural gas, especially in North America and Asia, mirror the world's shifting energy consumption patterns.

This Could Be The Most Exciting Natural Gas Play in Europe

Retrieved on: 
Thursday, February 29, 2024

LONDON, February 29, 2024  /PRNewswire/ -- Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for affordable domestic resources that Russian Gazprom doesn't control.  Companies mentioned in this release include:  Chevron (NYSE:CVX), ExxonMobil (NYSE:XOM), ConocoPhillips (NYSE:COP), Talos Energy (NYSE:TALO), Cheniere Energy (NYSE:LNG).

Key Points: 
  • Welchau is adjacent to an up-dip from a discovery that intersected at a gas column of at least 400 meters, testing condensate rich for pipeline-quality gas.
  • Natural gas is being reclassified as green and sustainable, which is a boon for the development of MCF Energy's assets.
  • Their strategic moves in the natural gas sector, especially with their investments in LNG projects and shale gas explorations, position them as a leader in this segment.
  • Their investments in natural gas, especially in North America and Asia, mirror the world's shifting energy consumption patterns.

Alternative Fuels Market to Record a Growth of USD 78.41 billion between 2022 and 2027, Discover Latest Trends, Market Share, and Evolving Opportunities - Technavio

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The alternative fuels market size is expected to grow by USD 78.41 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 22, 2024 /PRNewswire/ -- The alternative fuels market size is expected to grow by USD 78.41 billion from 2022 to 2027, according to Technavio.
  • The Alternative Fuels Market is witnessing a significant uptrend driven by the escalating adoption of eco-friendly fuel sources in the transportation sector.
  • The global off-grid alternative fuels market is expected to grow rapidly during the forecast period due to the Increasing emissions of GHGs.
  • These strategic investments are poised to propel the growth of the alternative fuels market in the APAC region throughout the forecast period.

Biomethane Market Size & Share to Surpass USD 8.0 billion by 2031, Garnering 7.1% CAGR: TMR Report

Retrieved on: 
Monday, October 30, 2023

WILMINGTON, Del. , Oct. 30, 2023 /PRNewswire/ -- The biomethane market was estimated to have acquired US$ 4.3 billion in 2022.  It is anticipated to register a 7.1% CAGR from 2023 to 2031, and by 2031, the market is likely to gain US$ 8.0 billion. As nations aim to decarbonize their gas supply, there is growing demand for biomethane in gas grids. The market is witnessing investments in infrastructure and research to enhance biomethane injection into existing natural gas networks.

Key Points: 
  • Anaerobic digestion is the dominating production process in the biomethane market, efficiently converting organic waste into valuable biomethane and minimizing environmental impact.
  • Electricity Generation is the dominating application in the biomethane market, with the conversion of biomethane into clean electricity gaining prominence.
  • Biomethane is gaining traction as a sustainable fuel for rural and industrial sectors, providing energy solutions for off-grid areas and remote industries.
  • Increased interest in waste-to-energy projects leveraging biomethane production, reducing organic waste disposal challenges while generating valuable energy.

Biomethane Market Size & Share to Surpass USD 8.0 billion by 2031, Garnering 7.1% CAGR: TMR Report

Retrieved on: 
Monday, October 30, 2023

WILMINGTON, Del., Oct. 30, 2023 /PRNewswire/ -- The biomethane market was estimated to have acquired US$ 4.3 billion in 2022.  It is anticipated to register a 7.1% CAGR from 2023 to 2031, and by 2031, the market is likely to gain US$ 8.0 billion. As nations aim to decarbonize their gas supply, there is growing demand for biomethane in gas grids. The market is witnessing investments in infrastructure and research to enhance biomethane injection into existing natural gas networks.

Key Points: 
  • Anaerobic digestion is the dominating production process in the biomethane market, efficiently converting organic waste into valuable biomethane and minimizing environmental impact.
  • Electricity Generation is the dominating application in the biomethane market, with the conversion of biomethane into clean electricity gaining prominence.
  • Biomethane is gaining traction as a sustainable fuel for rural and industrial sectors, providing energy solutions for off-grid areas and remote industries.
  • Increased interest in waste-to-energy projects leveraging biomethane production, reducing organic waste disposal challenges while generating valuable energy.

How Serbia-Kosovo tensions hang like a spectre over the European Union

Retrieved on: 
Tuesday, October 17, 2023

In the resulting firefight and retreat, four people — including a police officer — died from their wounds.

Key Points: 
  • In the resulting firefight and retreat, four people — including a police officer — died from their wounds.
  • Kosovo, however, remains central to Serbian national identity and Serbia has never truly reconciled itself to Kosovo’s independence.
  • Despite European Union and American pressure, Serbia subsequently released one of the alleged organizers of the attacks.

Failure to act

    • Serbia’s ability to do so directly speaks to the EU’s failure in the Balkans.
    • The U.S. and the EU have largely neglected the region, hoping that the allure of EU integration would be enough to placate Serbia and other countries.
    • It has not, and this failure now threatens to undermine the EU.
    • For many Serb nationalists, the question of Kosovo’s independence elicits visceral reactions due to Kosovo’s prominence in Serb nationalist identity.

Fast-tracked

    • The EU, however, has a long tradition of sidestepping requirements when it sees long-term benefits from rapid integration.
    • Greece, Estonia and other countries were admitted to the EU despite arguably failing to meet its standards.
    • That’s because the EU has admitted nations due to ideological reasons and perceived political benefits of admitting them.
    • This has been obvious when observing the EU’s relations with Serbia after Russia’s invasion of Ukraine in February 2022.

EU’s failure to focus on Serbia

    • Instead, Serbia reached an agreement with Russian energy giant Gazprom in May 2022 to meet domestic Serbian needs.
    • EU foreign policy chief Josep Borrell is now threatening Serbia with punitive measures if it does not stop provocations over Kosovo.
    • The recent outbreak of war between Israel and Hamas will only make the EU’s ability to focus on Serbia more difficult.

Hungary backs Serbia

    • Hungary’s Viktor Orban, for example, has already stated his country — an EU member — would veto any sanctions against Serbia.
    • The EU’s failure to deal with Serbia in the past will only stoke such challenges, and further inhibit the organization’s ability to respond to crises like Ukraine.

Wagner chief Prigozhin reportedly killed, but has Putin cooked his own goose?

Retrieved on: 
Thursday, August 24, 2023

In fact, Prigozhin’s apparent elimination is likely to exacerbate that weakness rather than lead to a magical reassertion of Putin’s authority.

Key Points: 
  • In fact, Prigozhin’s apparent elimination is likely to exacerbate that weakness rather than lead to a magical reassertion of Putin’s authority.
  • That’s a significant departure from the Kremlin’s previous modus operandi, whereby those in positions of power and influence were protected by Putin.
  • Although Prigozhin eventually departed from that, he went out of his way for many years – even after his mutiny – to demonstrate his loyalty to Putin.
  • Following the Wagner revolt it seemed perplexing for Putin to give Prigozhin and his Wagner co-conspirators a public assurance they would be safe from retribution.
  • The crash has therefore not only killed a Putin rival, but also permanently erased Wagner’s senior command structure.
  • A final important puzzle concerns why the Kremlin waited so long to rid itself of Prigozhin.

Femasys Inc. Replaces Two Board Members with Seasoned Industry Leaders in the Life Sciences

Retrieved on: 
Thursday, June 15, 2023

ATLANTA, June 15, 2023 (GLOBE NEWSWIRE) -- Femasys Inc. (NASDAQ: FEMY), a biomedical company aiming to meet women’s needs worldwide by developing a suite of product candidates that include minimally invasive, in-office technologies for reproductive health, today announced that it has appointed Mr. Keith J. Kendall and Mr. Alistair Milnes to its board of directors. Messrs. Kendall and Milnes will be replacing Mr. John Dyett, who currently serves as Co-CEO of Salem Partners, LLC and Salem Partners Wealth Management, LLC and Mr. John Adams, formerly served as CEO and President of Adams Respiratory Therapeutics, who both have served as members of Femasys’ board of directors for over eight years. Mr. Kendall will also replace Mr. Dyett as Audit Committee Chair.

Key Points: 
  • Mr. Kendall will also replace Mr. Dyett as Audit Committee Chair.
  • Ms. Kathy Lee-Sepsick, founder, president and chief executive officer of Femasys, commented, “We are excited to welcome Keith Kendall and Alistair Milnes to our board.
  • Mr. Milnes’ experience as a biotechnology executive includes leadership experience in expediting company growth and market expansion.
  • Mr. Milnes, commented, “I am thrilled to join Femasys’ board of directors at this exciting time of growth for the Company.

For fossil-fuel reliant governments, climate action should start at home

Retrieved on: 
Wednesday, April 19, 2023

Many assume that big publicly traded oil companies and private individuals are primarily responsible for climate change.

Key Points: 
  • Many assume that big publicly traded oil companies and private individuals are primarily responsible for climate change.
  • Chevron, ExxonMobil, Shell and other fossil fuel companies continue to be some of the world’s major greenhouse gas emitters.
  • Oxfam found that 125 of the world’s richest billionaires emit roughly three million tonnes of CO2 per year.

State-caused pollution is often neglected

    • Despite recent privatization efforts, Saudi Arabia still owns 98 per cent of Saudi Aramco Oil Group.
    • In 2017, the Carbon Disclosure Project reported that government-owned enterprises accounted for 59 per cent of the so-called carbon majors’ emissions.
    • For reference, the aviation and shipping industries roughly account for two per cent of global emissions each.

State-caused pollution is different

    • State-caused pollution presents both a problem and an opportunity.
    • State-caused pollution is inconsistent with the principles of international climate change law.
    • At the same time, state-caused pollution is easier to control through the political process.
    • This implies that their activities are primarily shaped by political priorities, as opposed to the overriding goal of profit maximization.

Addressing state-caused pollution

    • First, voters can urge governments to speed up the transition to cleaner energy through state-owned enterprises.
    • Starting in 2003, the Ontario government closed five state-owned coal-fired power plants.
    • The closures slashed coal’s share of the province’s electricity generation mix to zero per cent from roughly 25 per cent.

A new era for state-owned polluters?

    • During the Cold War, many countries nationalized their fossil fuel industries to increase domestic wealth.
    • State-owned energy companies in many countries continue to provide a reliable source of energy for domestic consumers.
    • The mission of state-owned energy companies will need to change in the climate change era.

For fossil-fuel emitting governments, climate action should start at home

Retrieved on: 
Wednesday, April 19, 2023

Many assume that big publicly traded oil companies and private individuals are primarily responsible for climate change.

Key Points: 
  • Many assume that big publicly traded oil companies and private individuals are primarily responsible for climate change.
  • Chevron, ExxonMobil, Shell and other fossil fuel companies continue to be some of the world’s major greenhouse gas emitters.
  • Oxfam found that 125 of the world’s richest billionaires emit roughly three million tonnes of CO2 per year.

State-caused pollution is often neglected

    • Despite recent privatization efforts, Saudi Arabia still owns 98 per cent of Saudi Aramco Oil Group.
    • In 2017, the Carbon Disclosure Project reported that government-owned enterprises accounted for 59 per cent of the so-called carbon majors’ emissions.
    • For reference, the aviation and shipping industries roughly account for two per cent of global emissions each.

State-caused pollution is different

    • State-caused pollution presents both a problem and an opportunity.
    • State-caused pollution is inconsistent with the principles of international climate change law.
    • At the same time, state-caused pollution is easier to control through the political process.
    • This implies that their activities are primarily shaped by political priorities, as opposed to the overriding goal of profit maximization.

Addressing state-caused pollution

    • First, voters can urge governments to speed up the transition to cleaner energy through state-owned enterprises.
    • Starting in 2003, the Ontario government closed five state-owned coal-fired power plants.
    • The closures slashed coal’s share of the province’s electricity generation mix to zero per cent from roughly 25 per cent.

A new era for state-owned polluters?

    • During the Cold War, many countries nationalized their fossil fuel industries to increase domestic wealth.
    • State-owned energy companies in many countries continue to provide a reliable source of energy for domestic consumers.
    • The mission of state-owned energy companies will need to change in the climate change era.