Energy Market News Directory

Cost Estimate to Reinforce Dutch Homes in Earthquake Zone of Groningen Field Increased to 30 Billion Euros

Reuters reported that the estimated cost to reinforce Dutch homes in the gas extraction earthquake zone at Groningen field has increased to at least EU$30 billion. As quoted in the market news: Gas extraction at the field, Europe’s largest, which reached more than 50 billion cubic meters last year, is causing increasingly stronger and more [...]

Major Gas Pipeline Explosion Injures At Least 11 People in California

Business Insider reported that a large gas pipeline explosion in California on Friday has left 11 people injured. A county equipment operator was working with a jail inmate crew to expand the road on the Fresno County Sheriff's office gun range at the time of the accident, although the cause of the explosion is still uncertain.