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Iran’s sanctions evasion went East after Europe action

Bloomberg The US effort to put Iran in a financial vice was working. European banks were paying big fines and closing off its money flows, and severe sanctions on the country’s banking and energy sectors were forcing it to the table on a nuclear deal. But as US enforcement officials would soon discover, Iran had found a new channel for ...

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Natural gas industry surprised it could be so much cleaner

Bloomberg The natural gas industry may be one of its own worst enemies. Most energy executives underestimate how much they can cut emissions as they extract and transport natural gas, according to a survey by the Energy Institute. Producers can reduce greenhouse gas flows by 75 percent simply by improving practices in the supply chain of the fuel, which consists ...

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Energy World to kick off Philippines plant

MANILA / Reuters Australia-listed Energy World Corp expects to start up a gas-fired power plant in the Philippines by end-2018, its chief executive said, fed by the country’s first liquefied natural gas (LNG) imports. The Philippines does not currently import LNG, but its domestic natural gas reserves are depleting, and the country has been developing plans for import terminals for ...

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