natural gas

U.S. grapples with how clean is green hydrogen

Signed into law last year, the Biden administration’s Inflation Reduction Act will plough almost $400 B into clean energy projects and a large part of that will finance a tiered subsidy for emission-free hydrogen production.

Norway gas output lower than planned due to Shell outage, Gassco says

Norway's overall gas production will be lower than planned in the coming weeks due to an extended outage at Shell's Nyhamna processing plant, gas infrastructure operator Gassco said.

Australia's AGL, Senex Energy sign big gas supply deal

Australian gas producer Senex Energy, owned by South Korean steel giant Posco, has entered into an agreement to supply 42 petajoules of gas to the country's top power producer AGL Energy, the companies said.

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

6/13/2023

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

6/13/2023

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.