natural gas
Varo Energy acquires second biogas firm in 2023
European refiner and trader Varo Energy is acquiring biogas supplier Renewable Energy Services, its second deal this year in a sector which is expected to grow rapidly as economies seek to reduce carbon emissions.
Indonesia's PGN to supply gas to Lotte Chemical petrochemical plant
Indonesia's state-controlled gas company Perusahaan Gas Negara said it would supply natural gas to a petrochemical plant operated by a unit of South Korea's Lotte Chemical Corp .
Spain's energy firms look to central Europe markets for green hydrogen deals
Spanish oil company Cepsa signed on Wednesday two agreements aimed at shipping green hydrogen between Spain and the Netherlands, a day after renewable energy giant Iberdrola took a similar step.
Pakistan approves LNG purchase deal with Azerbaijan
Pakistan approved a LNG purchase agreement framework with Azerbaijan, its finance ministry said.
TotalEnergies buys $219-MM stake in LNG developer NextDecade
TotalEnergies will buy a 17.5% stake in U.S. liquefied natural gas developer NextDecade for $219 MM, the French group said, part of a broader deal to enable the Texas company's Rio Grande LNG export project to proceed.
Mitsui O.S.K. Lines enters strategic investment agreement with Delfin
Mitsui O.S.K. Lines announced that it has entered into a strategic investment agreement with Delfin Midstream Inc enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.
Fuel gas blending: Follow the H2 signal
In some cases, it may be practical to blend hydrogen (H2) into the local natural gas distribution network via an agreement with local utilities, but regardless of the strategy, blending must be carefully controlled. This article examines these challenges.
A sustainable solution to reduce Europe’s reliance on natural gas
This analysis shows that Europe will need to reduce natural gas demand by 55 Bm3 this year alone to mitigate against a potentially colder winter, a possible end to Russian supplies or rebounding Asian demand. This comes at a time when Europe has little bandwidth for additional energy rationing without sustaining a steeper slowdown in economic activity.
Air Products’ AP-X LNG Technology and Equipment Selected for the North Field South Project
Air Products has been selected to provide its proprietary AP-X LNG Process technology and equipment to Qatargas for the North Field South Project in Ras Laffan, the State of Qatar.
Iraq to pay $2.76 B in gas and electricity debt to Iran
Iraq has agreed to pay about $2.76 B in gas and electricity debt to Iran after receiving a sanctions waiver from the United States, a senior Iraqi foreign ministry official said.
Macquarie launches sale of Czech firm GasNet
GasNet, the Czech Republic's largest gas distributor, has been put up for sale by Macquarie Asset Management, newspaper Hospodarske Noviny reported, citing four unnamed sources.
Asahi Kasei and Mitsui to establish supply and procurement systems for bio-methanol
Asahi Kasei Corporation and Mitsui & Co., Ltd. will establish a supply and procurement scheme for bio-methanol produced in the United States.
U.S. burns more natural gas as wind power drops, Canadian wildfires cloud solar
U.S. power generators were forced to burn more natural gas to produce electricity this week than usual as the amount of wind power dropped and smoke from Canadian wildfires blocked output from solar panels, according to U.S. and regional power data.
Enbridge sees Canada Woodfibre LNG export plant in service in 2027
Enbridge Inc's Woodfibre LNG partnership in British Columbia was on track to enter service in 2027, says Cynthia Hansen, president of gas transmission and midstream at the Canadian energy company.
Tokyo Gas to spend $1.4 B on renewable power at home and abroad
Japan's Tokyo Gas is shifting its overseas focus to renewable energy and away from regional upstream gas projects as it seeks to combat climate change, its president said, although it will invest in LNG.
Europe's gas prices stabilize as storage additions slow
Europe’s gas storage is refilling much more slowly than usual as the drop in prices encourages more consumption by industrial users and power generators while diverting LNG cargoes to Asia.
U.S. natural gas futures slip after bigger-than-expected storage build
U.S. natural gas futures eased into a narrow range after a government report showed a bigger-than-usual storage build last week, overshadowing support from forecasts for warmer weather.
Despite China heatwave, weak factory demand curbs LNG imports
An ongoing heatwave in China is boosting power demand for cooling, but tepid industrial demand and record high coal inventories are keeping prices at two-year lows and limiting spot LNG imports.
Increased U.S. renewable and natural gas generation likely to reduce summer coal demand
The EPA forecasts the largest increases in U.S. electricity generation this summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online, according to their June Short-Term Energy Outlook.
Trinidad to restart idled LNG unit by early 2027 amid restructuring
Trinidad and Tobago aims to restart an idled liquefied natural gas unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.
U.S. natural gas climbs as hot weather outlook boosts power demand prospects
U.S. natural gas futures climbed more than 2% to a one-week high, as forecasts for warmer weather bolstered the demand outlook for the fuel to cool homes and businesses.
U.S. natgas down 2% on lower flows to LNG export plants, mild weather
U.S. natural gas futures fell about 2% on lower gas flows to liquefied natural gas plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices.
Russia's Sakhalin invites India and China to tap energy resources
The local governor of Russia's Pacific island of Sakhalin has invited companies from India and China to tap the region's energy resources following the departure of European and American oil and gas majors.
Monthly U.S. propane exports in March 2023 reach a record high
U.S. propane exports reached a record 1.7 million bpd in March 2023, the highest level since the EIA began collecting this data in 1973.
Roseville, California converts organic waste into renewable fuel for solid waste trucks
The City of Roseville, California has embarked on a groundbreaking initiative to decrease greenhouse gas emissions and minimize landfill waste by powering its trash and recycling fleet with renewable natural gas derived from the digestion of organic waste.
Bangladesh power cuts may last two more weeks on fuel shortages
Bangladesh could face power cuts for two more weeks, its power minister said, as higher electricity consumption because of rising temperatures has caused a fuel shortfall for generation plants.
Hungary buys 100 mcm of gas from Azerbaijan
Hungary's state-owned energy group MVM has agreed to buy 100 mcm of natural gas from Azerbaijan's state energy firm SOCAR, Hungarian Foreign Minister Peter Szijjarto said on his Facebook page.
U.S. natural gas futures jump 5% on low wind power forecasts, soaring global prices
U.S. natural gas futures soared 5% on forecasts for low wind power, warmer weather and higher air conditioning demand over the next two weeks than previously expected, rising exports to Mexico and a jump in global gas prices.
U.S. natural gas up 2% on forecast for more demand, record exports to Mexico
U.S. natural gas futures rose about 2% on forecasts for more demand over the next two weeks than previously expected and record exports to Mexico.
Trinidad asks U.S. for changes to Venezuela gas project license
Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
