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26 Feb 2024   
NZCity NewsLinks
Will your energy bills fall this year?
Electricity, gas and oil prices all face numerous pressures over the next 12 months. 
© 2024 BBCWorld 2:05pm 

-Oil falls after US Fed governor says no rush to cut interest rates
-International watchdog investigation finds Islamic State used mustard gas in 2015 attack in Syria
-Oil edges higher, holding to gains made on signs of tighter supply
-Mexico’s Popocatépetl volcano 'El Popo' spews plume of gas and ash
-Oil refiner HF Sinclair posts profit ahead of estimates on upbeat margins
-Iran accuses Israel of blowing up natural gas pipeline in sabotage attack, provides no evidence
-Europe Sees Natural Gas Demand Hit 10-Year Low
-Analysis-Trans Mountain expansion may not give long-term price relief to Canada's booming oil output
-Guyana's $1.9 billion gas-to-power project delayed to 2025

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Suspected gas leak in Kamo, Northland
Station Road is closed to traffic and motorists are told to expect delays in the area. 
© 2024 RadioNZ Mon, 19 Feb 11:35am 

Kazakhstan: Methane mega-leak went on for months
Extremely potent greenhouse gas leaked from a Kazakh well for over six months. 
© 2024 BBCWorld Fri, 16 Feb 1:35pm 

-EU not interested in continuing transit of Russian gas through Ukraine

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-Oil drifts down on sticky inflation, bigger-than-expected US crude stock build

Pacific and Caribbean states propose groundbreaking global shipping emissions levy
Eight small island developing states have submitted a groundbreaking proposal to the UN's shipping regulator proposing a US$150 per tonne greenhouse gas emissions levy for the shipping industry. 
© 2024 RadioNZ Wed, 14 Feb 1:55pm 

-Italy to seek jobs, oil supplies commitments on Vitol-Saras deal, sources say

Ukrainian family of five die in Russian drone attack in Kharkiv
A Ukrainian prosecutor and her family were killed after a Russian drone attack on the northeastern city of Kharkiv hit an oil depot, triggering blazes and damaging residential houses, officials say. 
© 2024 RadioNZ Sun, 11 Feb 7:25am 

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Sweden shuts down Nord Stream blasts inquiry
Russia's two gas pipelines were sabotaged in September 2022 and it is still unknown who is responsible. 
© 2024 BBCWorld Thu, 8 Feb 2:05am 

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-Analysis-Europe, Africa oil markets tighten, lending support to futures

Energy bills expected to fall as new cap announced
Domestic gas and electricity bills could fall sharply in April but many are still struggling to pay. 
© 2024 BBCWorld Fri 6:15pm 

Genesis Energy half-year profit falls 73 percent
The result comes on the back of the higher cost of generation, an outage at its major Huntly station, and lower gas production. 
© 2024 RadioNZ Thu 3:05pm 

-Tumbling US natural gas prices prove unstoppable, hurting producers
-Oil rises; markets weigh Red Sea attacks, US rate cuts
-Oil down in thin trade as US gears up for Presidents' Day

CEN performance demonstrates underlying business health
Contact Energy has reported net profit of $153m in 1H24 and operating earnings (EBITDAF) of $354m. Reported figures include a net provision release relating to the Ahuroa Gas Storage facility (AGS) onerous contract of $29m within EBITDAF ($19m within net 
© 2024 Mon, 19 Feb 4:25pm 

-UAV attack at oil depot near Russian border with Ukraine sets two large fuel tanks on fire
-Old photo of gas tanker in flames near Crimea falsely linked to Huthi rebel attacks in Red Sea
-Oil slips after large US crude stock build
-Google to share oil and gas methane leaks spotted from space

India police use drones to tear gas protesting farmers
Security forces have stopped farmers for a second day as they attempt to resume their march to Delhi. 
© 2024 BBCWorld Thu, 15 Feb 0:35am 

-Oil rises as US rejects Moscow ceasefire suggestion in Ukraine

DR Congo protests: Police fire tear gas to disperse anti-Western demonstrations in Kinshasa
Protesters demand that foreign powers use their influence over Rwanda to curb conflict in the east. 
© 2024 BBCWorld Tue, 13 Feb 11:35am 

Wellington children's hospital evacuated due to gas leak scare
Firefighters are at the scene, where alarms are sounding. 
© 2024 RadioNZ Tue, 13 Feb 10:25am 

-Indian State Oil, Power Firms to Form Offshore Wind JV
-SBU set two more Russian oil refineries on fire
-Ukrainian drones struck Russian oil refineries, Security Service source confirms
-Oil prices headed for weekly gains as Israel rejects ceasefire offer
-US oil refiners beat Wall Street bets, expect demand to grow in 2024
-Germany eyes nationalization of Russian oil subsidiary
-Oil edges up with slim progress in Gaza peace talks
-Oil up on lower-than-expected rise in U.S. crude stockpiles
-Big Oil offers record returns to lure investors back
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