Tag: LNG

Commercialization, Conventional Fuels

Aramco enters global LNG business with MidOcean Energy acquisition

September 29, 2023

Via: PetrolPlaza

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 […]

Conventional Fuels, Nuclear

12 Nuclear Reactors Operating in Japan After Takahama Unit 2 Restart

September 20, 2023

Via: Power Magazine

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 […]

Commercialization, Conventional Fuels

BayWa inaugurates new LNG station in Germany

June 28, 2023

Via: PetrolPlaza

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 […]

Chemical, Conventional Fuels

Coal-Fired Power in 2021: A Recovery or a Reckoning?

October 21, 2020

Via: Power Magazine

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 […]

Chemical, Conventional Fuels

Report: U.S. Continued to Decrease Emissions In 2019 Alongside Increased Natural Gas Production, Demand

June 22, 2020

Via: Energy Collective

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 […]

Commercialization, Conventional Fuels, News and Policies, World

Is The U.S. Using Sanctions To Elbow Russia Out Of The European Natural Gas Market?

May 4, 2020

Via: Forbes

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 — […]

Commercialization, Conventional Fuels

Natural Gas Markets Beyond COVID-19

April 1, 2020

Via: Forbes

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 […]

Chemical, Conventional Fuels

Global LNG market sees demand build for cleaner-burning energy

February 21, 2020

Via: PetrolPlaza

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 […]

News and Policies, U.S.

Coronavirus Infects U.S. LNG

February 14, 2020

Via: Forbes

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 […]

Energy Consumption, Global

The World’s Largest Natural Gas Users And US LNG

October 11, 2019

Via: Forbes

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: […]

Energy Economics

US winning on climate, economics and freedom thanks to natural gas

July 3, 2019

Via: Forbes

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 […]

News and Policies, World

Australia finds more gas for home and abroad

June 18, 2019

Via: Petroleum Economist

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 […]

News and Policies, World

Mozambique expected to become a top 10 global LNG supplier

April 17, 2019

Via: Energy Global

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 […]

Chemical, Conventional Fuels, News and Policies, World

Canada’s Natural Gas Industry Really Needs LNG

April 5, 2019

Via: Forbes

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 […]

Chemical, Conventional Fuels

China urges LNG industry to deepen collaboration

April 2, 2019

Via: Petroleum Economist

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 […]

Commercialization, Conventional Fuels, News and Policies, U.S.

U.S. LNG Tipped To Go Global On Abundant Supplies

March 28, 2019

Via: Forbes

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 […]

Chemical, Conventional Fuels

Potential For Risk And Reward For U.S. LNG Exporters

March 27, 2019

Via: Forbes

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, […]

Chemical, Conventional Fuels

Global LNG supply set to rise by 35 million tonnes in 2019

February 25, 2019

Via: PetrolPlaza

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 […]

Chemical, Conventional Fuels, Energy Economics

Anything other than a US-China trade deal ‘wouldn’t make sense,’ energy executives say

January 28, 2019

Via: CNBC energy

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 […]

Commercialization, Conventional Fuels

U.S. Natural Gas Prices Rise Anticipating The ‘Arctic Blast’

January 18, 2019

Via: Forbes

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 […]