Gas | Business Post

Europe’s gas crunch could return as Goldman Sachs predicts winter spike

Mild weather and weak demand for LNG by China saved the continent this winter, but it’s uncertain whether those conditions will last

New gas agreement with Britain must be legally robust to deliver in crisis – energy expert

The Irish and British government’s are on the cusp of signing a memorandum of understanding (MoU) on gas security

Lorcan Allen’s Stock Take: Food prices to remain high for some time due to energy costs

Dairygold and Lakeland last week revealed just how severely the surge in the price of thermal energy has affected their businesses

Ryan mulls Green policy U-turn on commercial LNG terminal

Government under growing pressure to accept need for commercial liquified natural gas import terminal as concerns grow over security of supply

ESB says it made no money from residential customers as profits surge to €847m

The company said the rise was due to the impact of higher wholesale prices on other parts of it business

Ireland among highest gas consumers in EU last winter

Failure to reduce usage blamed on very high gas demand for electricity production due to low wind power generation

Bord Gáis reports double-digit growth in profits and sales for 2022

The largest gas supply company in Ireland said its wholesale gas trading business performed strongly last year, while its consumer retail division was loss making

London firm Cycle0 plans network of Irish biomethane plants in major investment

The company is backed by the $1.1 billion private equity fund and has big plans for the market here

Ireland bucks European trend of cutting back on natural gas use

Since the Ukraine war tightened European supply, most member states have slashed consumption by a fifth, while here it rose by 3 per cent

Bord Gáis owner forecasts profits will triple to £1.8bn in 2023

Company hiked its gas prices twice last year amid rising wholesale costs due to the war in Ukraine

‘Unsuitable, flawed, simplistic’ – Government’s energy security plans harshly criticised

The Irish Academy of Engineering said state plans to protect the energy network are not realistic

Gas field owner accuses Ryan of ‘inaccurate’ statements

Europa Oil and Gas accuses the energy and climate minister of ‘potentially misleading’ an Oireachtas committee with his remarks about the Irish gas exploration sector

Government agrees to step up security on privately owned sub-sea internet cables

Increased surveillance following Nord Stream 1 leak will involve greater air and naval patrols and the use of submersible drone technology

ECA president warns of fraud risk with EU emergency funds

Tony Murphy, the new Irish holder of the role, says the huge budgets involved and urgency of delivery in Covid and energy diversification schemes heighten risk of cash going astray

Energy security review recommends non-commercial gas facilities

Long-awaited report sought to identify and examine potential shocks to the physical security of supply in Ireland’s electricity and natural gas systems

IDA issues warning over Ireland’s ‘expensive and high-risk’ energy system

The state agency made the claim in an uncompromising submission to the energy regulator, while arguing that new plans to impose €100m emergency tariffs on large firms would undermine national competitiveness

Gas prices in Europe rise as Commission unveils energy intervention plan

EU expected to set a mandatory goal of lowering demand during selected peak hours by 5 per cent

‘We are putting our money where our mouth is’: BP chief Looney defends vow to be net zero by 2050

The Co Kerry native, one of the most powerful corporate executives in the world, has instigated a major restructuring of the oil and gas giant since taking over as chief executive two years ago

State-owned gas facility will not breach climate targets – Ryan

Minister for the Environment told energy ministers that he would shortly publish an energy security review which would detail plans for a state-owned gas storage facility in Ireland

Keeping the lights on: How EU countries are responding to the energy crisis

With Russia edging closer to a full shut-off of gas exports, European governments are in full crisis mode as winter approaches. But countries as powerful as Germany are in a bind when it comes to reducing energy demands, and less wealthy nations such as Spain and Italy face their own particular difficulties. How can this once-in-a-generation problem be overcome?