natural gas

U.S. natural gas consumption sets 9 month record and an annual record in 2022

In 2022, US natural gas consumption averaged a record 88.5 billion cubic feet per day (Bft3d)—the highest annual natural gas consumption, according to records beginning in 1949.

GAZ-SYSTEM launches non-binding market screening procedure to identify demand for additional regasification capacity of FSRU terminal

GAZ-SYSTEM launches a non-binding market screening procedure to identify the demand for additional regasification capacity of the FSRU Terminal. The new FSRU Terminal project envisages the construction of a floating storage regasification unit (FSRU) in the Gulf of Gdańsk area.

Driven by petrochemical capacity builds, U.S. ethane increased 9% in 2022

In 2022, U.S. ethane demand increased by approximately 9%, or almost 0.2 MMbpd, according to the U.S. EIA's Petroleum Supply Monthly.

Trinidad and Tobago hold deeper talks with Venezuela on Dragon gas project

Trinidad and Tobago held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.

US nat gas futures ease 1% to 2-wk less cold forecasts

U.S. natural gas futures slid about 1% to a two-week low on Friday on forecasts for less cold weather and lower heating demand over the next two weeks than previously expected.

Decarbonization using sour-to-sweet gas technology

8 Rivers' TarT technology is a low-cost solution for processing high-hydrogen sulfide (H2S) sour gas. The technology separates H2S and other sulfurous contaminants from sour natural gas, using CO2 as a natural solvent.

Ukraine to jointly buy gas with EU countries

Ukraine will take part in the European Union scheme to jointly buy gas in global markets, to procure 2 billion cubic metres of the fuel ahead of next winter.

Trinidad in substantive negotiations with Venezuela on gas project

Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project.

Shell Catalysts & Technologies, Technip Energies and Zachry Group selected for Calpine’s carbon capture unit project in Texas

Shell Catalysts & Technologies, together with Technip Energies and Zachry Group (Zachry), has been awarded a front-end engineering and design (FEED) contract for a carbon capture unit project at Calpine’s Baytown Energy Center in Texas, U.S.

Guyana sees natural gas as the next frontier after oil

Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves.

LNG to lead U.S. natural gas exports

Exports of LNG will continue to drive growth in U.S. natural gas exports over the next two years, according to the U.S. EIA.

GTI Energy and partners achieve supercritical CO2 conditions in San Antonio pilot project

GTI Energy and its partners, Southwest Research Institute (SwRI) and GE Research, have announced that the Supercritical Transformational Electric Power (STEP) Demo project, sponsored by the U.S. Department of Energy (DOE), successfully achieved supercritical carbon dioxide (sCO2) fluid conditions at its 10-MW electric sCO2 pilot plant facility in San Antonio, Texas.

Papua LNG project enters integrated FEED stage

Santos today announced the Papua LNG joint venture has launched fully-integrated front-end engineering and design (FEED) for the Papua LNG project in Papua New Guinea.

Natural gas essential to the energy transition says Australian PM

New gas projects will play a role in the energy transition, Australian Prime Minister Anthony Albanese said, as his administration seeks to pass a reform to an emissions reduction bill amid growing pressure to ban new fossil fuel projects.

Novatek needs to find more natural gas for LNG plans

Russian Deputy Prime Minister Alexander Novak said on Tuesday the country needed to identify the resource base for about a third of its planned annual production of 100 MMt of liquefied natural gas (LNG) per year.

bp expands natural gas certification to 100% of its U.S. onshore upstream operations

MiQ, the non-profit global leader in methane certification, announced that it has independently audited and certified bp as the first energy major in the U.S. to verify the methane intensity of its entire U.S. onshore portfolio of natural gas.

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Braskem Idesa and Advario partner to build a new, $400-MM ethane export terminal in Mexico

Tellurian chairman's shares sold to cover loan

U.S. LNG developer Tellurian said over $25.3 MM worth of its shares belonging to Executive Chairman Charif Souki were transferred and sold over the last month to cover a loan, securities filings showed.

Russia to mothball damaged Nord Stream pipeline

Russia's ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them.

Asian spot LNG prices continue to decrease

Asian spot LNG prices continued their downtrend this week, hitting the lowest level since July 2021, due to tepid demand which is expected to last until the end of March.

Germany LNG import bill to eclipse $10 B

Germany said that new infrastructure for floating LNG terminals will exceed previously expected costs, forewarning taxpayers that there will be a price to pay for energy security.

U.S. nat gas futures rose 3% on more feedstocks flowing to LNG terminals and increased heating demand

U.S. natural gas futures rose about 3% to a five-week high on Friday, with the amount of gas flowing to U.S. LNG export plants set to hit a daily record high and on forecasts for colder weather and higher heating demand in two weeks than previously expected.

Chesapeake Utilities to develop its first RNG facility in Florida

FPU Renewables announced plans to construct, own and operate a dairy manure renewable natural gas facility at Full Circle Dairy in Madison County, Florida.

Graforce to introduce plasmalysis technology that converts LNG into hydrogen

Graforce to introduce methane electrolysis (plasmalysis), which converts LNG into hydrogen. This allows large gas users to switch to clean-burning hydrogen without changing their energy supplier or method of transporting.

Germany's natural gas imports bill more than doubled in 2022

Germany's natural gas import costs more than doubled in 2022 despite volumes being slashed by 30%.

India's NSE receives regulatory okay for natural gas futures

India's National Stock Exchange (NSE) said that the country's market regulator has approved the launch of rupee-denominated NYMEX crude oil and natural gas futures contracts in its commodity derivatives segment.

Enbridge to invest $2.4 B in natural gas and renewable power in 2023

Enbridge will invest $2.42 billion in natural gas and liquids infrastructure and in renewable power this year.

CAPP forecasts upstream oil/gas production to reach nearly $30 B in 2023

The Canadian Association of Petroleum Producers (CAPP) said it expects oil and natural gas investment in upstream production will reach C$40 B ($29.4 B) in 2023, surpassing pre-COVID levels.

Chevron opens second CNG station in California

Chevron U.S.A. announced the opening of its second compressed natural gas station in the state of California, increasing availability of lower carbon fuels to heavy duty vehicles.

Saipem to restart Mozambique LNG project for Total in July

Saipem has agreed to restart a LNG project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said.