natural gas
Venezuela, Trinidad to meet again in June to discuss Dragon gas project
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.
MOL Group signs acquisition of Szarvas Biogas Plant
MOL Group has agreed on a deal with BayWa AG on the purchase of Szarvas Biogas Plant, a waste processing plant using organic wastes to produce electricity and heat through cogeneration with a peak electric power capacity of around 4 megawatts.
PetroChina, bp awarded 20 year access to Europe's Gate LNG terminal
PetroChina International and energy giant bp have won a tender that will allow each to handle 2 billion cubic meters of gas annually for 20 years at Rotterdam's Gate terminal, the Chinese state firm's first long-term access to a European gas terminal.
Dutch benchmark wholesale gas falls to two-year low
The Dutch wholesale natural gas price for the month ahead fell to a two-year low morning, which could offer some relief to consumers and some businesses who have been paying high energy bills over the past year.
Four bidders vie for stake in Exxon LNG terminal in Italy
Four international groups are competing to buy ExxonMobil Corp's majority stake in a liquefied natural gas terminal offshore Italy.
U.S. natgas futures fall 4% to two-week low on lower demand forecast
U.S. natural gas futures fell about 4% to a two-week low on a collapse in global gas prices, record U.S. output, rising Canadian exports and forecasts for milder U.S. weather and lower than previously expected demand next week.
Air Products signs $1-B deal for processing facility in Uzbekistan
Industrial gases maker Air Products and Chemicals said it had signed a $1-B deal with the Republic of Uzbekistan government and Uzbekneftegaz JSC to acquire, own and operate a natural gas processing facility in the country.
Higher inventories, output to weigh on U.S. natgas prices this summer
Ample storage levels, milder weather and a boost in production are likely to place downward pressure on US natural gas prices this summer, even as demand is seen reaching record levels.
Saudi Aramco to develop 400 mcf per day Iraqi gas field
Saudi oil giant Aramco will develop a gas field in Iraq that could produce more than 400 million cubic feet of gas per day, Iraqi Oil Minister Hayan Abdel-Ghani said.
As gas reserves wane, Philippines faces rising costs in switch to LNG
With just four years before the Philippines' only gas field is set to run dry, the country has started importing liquefied natural gas, creating a fresh headache for a government struggling to curb high inflation.
China's main import gas pipelines
China, the world's third-largest gas buyer, imports the fuel in gaseous form via long-distance pipelines from three sources - central Asia, predominantly Turkmenistan, as well as Russia and Myanmar.
China prioritizing Turkmenistan over Russia in next big pipeline project
China is accelerating the building of a long-delayed Central Asian pipeline to source gas from Turkmenistan even as Russia pushes its own new Siberian connection, as Beijing juggles its energy security needs with diplomatic priorities.
Canada natgas exports to U.S. back at levels seen before Alberta wildfires
Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Alberta and other western provinces over the past three weeks forced producers to shut oil and gas wells and cut the amount of fuel flowing in pipelines.
German gas group SEFE on track for 30% of LNG in 2023 supply portfolio
German gas importer and trader SEFE said liquefied natural gas was likely to make up 30% of its source of supply as the state-controlled company moves away from pipeline gas which Russia used to supply.
Ukraine has collected 9.3 bcm of gas for 2023/24 heating season so far
Ukraine is continuing to pump natural gas into underground storage facilities, collecting 9.3 billion cubic meters (bcm) for the 2023/24 heating season, Ukrainian energy ministry said.
TotalEnergies prepares for Mozambique LNG restart
French energy company TotalEnergies will relaunch its Mozambique LNG project once it has followed the recommendations of a commissioned human rights report that was published.
PetroVietnam Gas signs deal for first LNG cargo from Shell Eastern Trading
PetroVietnam Gas said it had signed a contract to buy Vietnam’s first liquefied natural gas cargo from Singapore-based Shell Eastern Trading.
Germany cannot be relaxed about Baltic LNG capacity, senior official says
Germany cannot be relaxed about the need for LNG terminals in the Baltic Sea, a high-ranking economy ministry official said, a week after plans emerged to scale down the region's Mukran project after local resistance.
Finland's Gasum terminates Gazprom pipeline gas contract
Finnish state-owned gas wholesaler Gasum said it had terminated a contract to buy natural gas from Gazprom Export via pipelines from Russia.
Bosnian Serb leader Dodik and Putin may discuss gas prices, pipeline
Bosnian Serb leader Milorad Dodik may discuss gas prices and a new pipeline with Russian President Vladimir Putin during a visit to Moscow.
Global Syngas Technologies Council convened to address global syngas market
Situated in the beautiful natural surroundings of Colorado Springs with the backdrop of the Rocky Mountains, the Global Syngas Technologies Council (GSTC) convened for their Spring board meeting at the Broadmoor Resort and Hotel.
Take the mystery out of running your LNG plant
While process simulation software can be used by plant engineers to calculate the dewpoint temperature of mixed refrigerant, this is of limited use to the plant operators at the control panel in maintaining an appropriate amount of mixed refrigerant superheat as they adjust the plant. To address these challenges, the authors’ company has developed a simplified method of calculating mixed refrigerant superheat that can be programmed in the distributed control system (DCS) and made available to panel operators.
G7 draft communique: publicly supported gas sector investment can be temporarily appropriate
The Group of Seven rich nations believes that publicly supported investment in the gas sector can be temporarily appropriate while countries are accelerating the phasing-out of their dependency on Russia.
How tech is laying the foundation for future LNG success and compliance
This article details some of the ways LNG operators are embracing and deploying technology to close the gaps that exist in their ESG compliance infrastructures and emerging operational needs.
Lower gas prices to push up India's FY24 gas demand by 7%
Indian gas utility GAIL (India) Ltd sees local gas demand growing by 6%-7% in the fiscal year to March, driven by lower prices and the resumption of supply under a deal with the former unit of Russia's Gazprom.
Alberta wildfires hit gas flow out of Canada to U.S., spiking prices
Abnormally hot and dry weather is set to return to Alberta after a couple of cooler days helped calm wildfires that have slowed the flow of natural gas out of Canada into the United States and lifted gas prices.
Russia's Gazprom plans record domestic winter gas storage capacity
Russian energy giant Gazprom plans to boost natural gas reserves in domestic storage to a record-high next winter as its output and exports fall.
U.S. natural gas up 2% to two-month high as Canada wildfires keep exports low
U.S. natural gas futures rose about 2% to a two-month high as wildfires kept gas exports from Canada near a 25-month low.
U.S. natgas falls on bets for bigger-than-expected storage build
U.S. natural gas futures fell and were bound for their first daily decline in four days on expectations of a bigger-than-expected injection into gas inventories.
Japan embraces G7's gas support but companies may face long-term problems
Japan's energy companies were quick to embrace the G7's support for natural gas investment in their statement last month but analysts caution that relying on the fossil fuel may open the companies up to long-term problems.
- Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
- Energy firms bet big on German port as clean energy hub
- Norway parliament asks for CCS alternative to decarbonize major LNG plant
- Equinor's Hammerfest LNG plant offline after outage
- Innovation accelerates drive to sustainability
