natural gas

Column: Europe's gas surplus has mostly been eliminated

Europe's record gas surplus inherited from the winter of 2023/24 has been largely eliminated following an unusually small accumulation of inventories so far in the summer of 2024.

Russian court orders $1.2 B of Linde UK assets be frozen

A Russian court has ordered that assets worth around $1.15 B of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant.

UK approval for gas-fired power station was lawful, court rules

Britain's approval of a new gas-fired power station backed by bp was lawful, London's High Court ruled on Wednesday.

China’s natural gas consumption, production and imports all increased in 2023

In 2023, 7%, or 2.6 billion cubic feet per day (Bcfd), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.

Russian gas flows to Europe despite fighting

Intense fighting between Ukrainian and Russian forces near a pipeline Russia uses to supply European countries with gas has not disrupted supplies.

LaBella Associates acquires Process Pipeline Services, enhancing natural gas capabilities

LaBella Associates, an international architecture, engineering, environmental and planning firm, has acquired Process Pipeline Services Inc. (PPS), a provider of engineering, design and consultation services focused on the natural gas industry.

Is it the end for Russian gas supplies to Europe via Ukraine?

Russia is still pumping natural gas to Europe via the war zone in Ukraine. Why?

U.S. natgas hits near 3-week high on output drop, hotter weather forecasts

U.S. natural gas futures rose more than 1% to a near three-week high on Monday, supported by a drop in output in recent days and forecasts for hotter weather that should boost the amount of gas power generators burn to keep air conditioners humming.

Wood Mackenzie: LFG-to-RNG production success depends on location and scale

Landfill gas (LFG) remains the most popular feedstock option for renewable gas production (LFG-to-RNG), but project pre-tax breakeven prices can range, with success relying heavily on location and scale.

ADNOC Gas announces record Q2 net income of $1.19 B

ADNOC Gas plc and its subsidiaries announced strong financial results for Q2 2024, posting an adjusted net income of $1.19 B, a 21% year-on-year improvement exceeding market expectations.

GFI LNG, Pilot LNG form JV to develop Salina Cruz LNG project in Mexico

The Salina Cruz LNG JV will develop, construct and operate an LNG bunkering and transshipment terminal in Salinas del Márquez, Salina Cruz, Oaxaca, Mexico. Strategically located on the Pacific side of the Panama Canal, the project is ideally positioned to supply North and Central American bunker and fuel markets.

Perspective: What happens if Russian gas transit via Ukraine stops?

Heavy fighting near the Russian town of Sudzha, where Russian gas flows into Ukraine, has raised concerns over a sudden stop to transit flows via Ukraine before a five-year deal with Russia's Gazprom expires.

The power of AI: How oil/gas companies are using AI-powered geospatial analytics to identify and prevent potential leaks

8/7/2024

The challenge all O&G producers face is monitoring and maintaining an aging and widely distributed pipeline infrastructure. These organizations manage thousands of miles of pipelines to deliver petroleum and natural gas.

The case for electrifying brownfield compressor stations

8/7/2024

Gas transmission system operators around the world are under intense pressure to reduce emissions, lower costs and ensure profitability in a future defined by market volatility. Upgrading legacy drive systems in compressor stations can play a key role in achieving these objectives.

Argent LNG has initial consultation with FERC, moves into pre-filing

Argent LNG is pursuing approval from FERC to begin the environmental pre-filing review for its mid-sized onshore LNG export project in Louisiana (U.S.).

U.S. court overturns FERC's authorization for NextDecade's Rio Grande project

A U.S. court has overturned the Federal Energy Regulatory Commission's (FERC) authorization for NextDecade's Rio Grande LNG project for not issuing a supplemental environmental impact statement

Gazprom's gas transit via Ukraine to continue Thursday amid reported clashes near border town

Gazprom will continue to ship gas through Ukraine to Europe on Thursday amid unconfirmed reports Kyiv's forces had seized the Russian firm's measuring station near the border town of Sudzha.

U.S. natural gas producers eye further output cuts as prices sink

Major U.S. natural gas producers are preparing to further curtail production in the second half of 2024, after prices sank nearly 40% over the past two months.

ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project

ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.

Venture Global LNG sues Kiewit, alleges it shared confidential documents with Shell

U.S. LNG company Venture Global LNG sued construction contractor Kiewit, alleging it passed confidential documents to Shell, including proprietary project development, design, configuration methods, and detailed information about the multi-billion-dollar facility's design and construction.

TES, Saibu Gas collaborate to provide e-NG to Japan's energy sector

Tree Energy Solutions and Saibu Gas have signed a Memorandum of Understanding to promote e-natural gas as a key clean energy source, an initiative that supports Japan's goal to use e-NG for 90% of its city gas consumption by 2050.

bp expands offering with the acquisition of GETEC ENERGIE GmbH

bp has now completed its acquisition of GETEC ENERGIE GmbH, a leading supplier of energy to commercial and industrial (C&I) customers in Germany.

U.S. natgas prices rise 3% on rising LNG feedgas and near record heat

U.S. natural gas futures climbed about 3% on Friday as the amount of gas flowing to liquefied natural gas (LNG) export plants rises and on forecasts for near record-breaking heat over the next few days that was on track to boost the amount of gas power generators burn to an all-time high.

Williams to resume Louisiana natgas pipeline project, ending feud with Energy Transfer

Williams Cos has received the green light to continue building its Louisiana Energy Gateway project (LEG), a natural gas pipeline, after a court threw out rival company, Energy Transfer's last bid to halt its construction.

Vietnam's LNG price cap puts gas-fired power target at risk

Electricity-hungry Vietnam wants liquefied natural gas (LNG) to fire 15% of power capacity by 2030 but is unlikely to meet that target as power producers and foreign investors balk at the country's strategy for making the super-chilled fuel affordable.

Russian pipeline gas exports to Europe reach highest this year

Russian energy giant Gazprom's average daily natural gas supplies to Europe in July reached their highest this year, up 5.7% compared with a year ago and 12% higher than in June.

Targa Resources beats 2Q core profit estimates, announces $1-B buyback program

Targa Resources has beat estimates for its 2Q core profit, helped by higher volumes of natural gas and natural gas liquids (NGLs) across its pipelines.

WPC JV takes FID on the 2.5-Bcfd Blackcomb Pipeline project in Texas (U.S.)

The WPC JV (WhiteWater, MPLX, Enbridge) have taken FID on the Blackcomb Pipeline project, which will transport 2.5 Bcfd of natural gas from the Permian Basin to the Agua Dulce area in South Texas (U.S.).

Enterprise to expand operations at the Houston Ship Channel (U.S.) to increase propane/butane exports

Enterprise Products Partners announced an expansion project along the Houston Ship Channel. The company is adding refrigeration capacity that will increase propane and butane export capabilities by approximately 300,000 bpd.

U.S. oil and gas mergers continue at furious pace in 2Q

U.S. oil and gas patch deals continued to run hot in 2Q, topping $30 B with big dollar tie-ups pushing values higher.