Tag: LNG

September 29, 2023

Aramco has signed a definitive agreement to acquire a stake in MidOcean Energy for $500 million, a liquefied natural gas (LNG) company. With this strategic minority of the company formed and managed by institutional investor EIG, this marks Aramco’s first […]

September 20, 2023

Japan’s Kansai Electric Power has restarted another reactor at its Takahama nuclear power plant, the 12threactor to be returned to service in that country since the Fukushima disaster in March 2011 idled Japan’s entire nuclear fleet. Kansai on September 15 […]

June 28, 2023

BayWa has opened a new Liquified Natural Gas (LNG) station in Germany, expanding its network for heavyduty vehicles up to 12 locations across the country. The new public filling station brings the total number of LNG sites in the Free […]

October 21, 2020

This has been the year from hell for coal-fired power and the coal industry. If current projections hold, coal generation in 2020 will be 21% lower than last year and 62% lower than the 2007 peak. The coal share of […]

June 22, 2020

While global carbon emissions saw a slight increase in 2019, the United States continued its long-term trend of reducing these emissions – at the same time that natural gas production and demand continued to increase – according to BP’s 2020 […]

May 4, 2020

Is the United States sanctioning Russia’s natural gas pipeline that ends at Germany’s edge because it wants to sell more liquefied natural gas (LNG) to Europe or because Russia illegally annexed Crimea? The stated aim has a dual purpose — […]

April 1, 2020

In a less spectacular fashion than oil, international natural gas prices have fallen. The explanation goes far beyond low demand related to the COVID-19 pandemic or demand in general. It relies on a much larger and more complicated array of […]

February 21, 2020

The global liquefied natural gas (LNG) market continued to evolve in 2019 with demand increasing for LNG and natural gas in power and non-power sectors, reports Shell’s latest annual LNG Outlook published this week. Global demand for LNG grew by […]

February 14, 2020

China is the single most important growth market for liquefied natural gas (LNG). At the margins of LNG trade five years ago, government policy to improve air quality sparked a dash for gas. China has accounted for 40% of the […]

October 11, 2019

Natural gas has become the go-to fuel globally to lower CO2 emissions and backup wind and solar, power sources that are naturally intermittent. The best modeling agencies confirm that gas demand increases under any practical energy policy scenario No wonder: […]

July 3, 2019

The Department of Energy recently approved additional export volumes of natural gas through the Freeport liquefied natural gas (LNG) terminal in Texas, a move that promises environmental and economic benefits for the nation. Critics of natural gas mocked the decision […]

June 18, 2019

The relatively surprising find, announced by Australian independent Santos in April, has the potential to support both LNG exports through the North West Shelf (NWS) project and domestic supply into the burgeoning Western Australian (WA) market. The gas column was […]

April 17, 2019

The feed gas for new LNG projects will come from the ultra-deepwater Rovuma Basin, where over 125 trillion ft3 of recoverable natural gas resources have been discovered to date. This consists of 75 trillion ft3 in block Area 1 and […]

April 5, 2019

In this booming age of natural gas, high-resourced Canada has seen flat production and demand over the past decade This is a bit surprising since Canada enjoys many of the same advantages that the U.S. shale revolution does (U.S. gas […]

April 2, 2019

LNG’s potential to become Asia’s dominant fuel, as the region transitions away from coal to cleaner energy, will only be realised if the industry can work together to lower costs and overhaul trading conditions, senior Chinese energy officials said at […]

March 28, 2019

Liquefied Natural Gas (LNG) market sentiment is increasingly leaning in favor of substantial volumes of North American, especially U.S., cargoes heading to global markets, as ample supply is pushing rising shale gas production into export markets and beyond the reach […]

March 27, 2019

As someone with (very minor) natural gas reserve holdings in West Virginia, I’m envious of those in the Southwest who have an apparently unlimited market in the LNG export business. Numerous countries around the world, and especially China and India, […]

February 25, 2019

A rebound in new long-term LNG contracting in 2018 could revive investment in liquefaction projects. Based on current demand projections, Shell still expects supplies to tighten in the mid-2020s. Strong demand for cleaner-burning fuel in Asia continued to drive rapid […]

January 28, 2019

An escalating trade war between the world’s two largest economies would be nonsensical, according to executives from the liquefied natural gas (LNG) market. Oil giants and energy companies are increasingly interested in LNG — a form of natural gas chilled […]

January 18, 2019

With our first major winter cold and snowy storm spreading across the Midwest, South, and Northeast, natural gas prices have been on the rise again. Gas, of course, is an essential heating fuel, so winter demand spikes 40-60% above summer […]