Tag: natural gas
The sun sets on cheap gas: what next for LNG?
The LNG market was already tight when the war in Ukraine caused the price of natural gas to shoot up. As Europe slowly weans...
Gastech 2021
Gastech is a global platform that convenes industry leaders annually in their shared mandate towards a zero-carbon economy.
Petrobras celebrates MoU with Equinor
Petrobras celebrated a Memorandum of Understanding (MOU) with Equinor ASA. Equinor, a company based in Oslo (Norway), focused on the joint development of businesses related to the value chain of natural gas produced from the partnership projects.
LNG: meeting future demand will be problematic
Global demand for natural gas will continue to grow. Between now and 2035, this demand is expected to increase with an average of 2 % per annum. Along with this rising demand, LNG production will increase too, mainly for markets in the Middle East and Asia. The question is: will it be sufficient?
San Mateo sign agreement for Natural Gas gathering
Matador Resources Company announced that a wholly-owned subsidiary of its midstream joint venture, San Mateo Midstream, LLC, has entered into a long-term agreement with a producer in Eddy County, New Mexico, relating to the gathering and processing of such producer’s natural gas production.
“Them thar rocks”: shale gas holds its own in a difficult...
Despite the dip in oil and gas prices, things are going remarkably well in the shale gas sector. Although there have been layoffs and bankruptcies, the demand for natural gas is increasing, and this rising tide is lifting shale in North America and other countries throughout the world. New technologies make the sector more competitive, which is good news for all suppliers to the sector and will stimulate related industries such as water treatment and desalination.
Chevron discovers natural gas offshore Australia
Chevron Corporation has announced the discovery of a well located in the WA-374-P permit area approximately 75 miles northwest of Barrow Island off the Western Australian coast.
The Satyr-2 exploration discovery well confirmed approximately 128 feet of net gas pay.
Georgia says yes to NG fuel stations
Atlanta Gas Light (AGL) has received approval from state utility regulators to build a network of compressed natural gas fueling stations across the state. AGL, the state's largest natural gas company, intends to construct 5 to 10 stations in metro Atlanta and then add more statewide.
Shell to sell stake in MacKenzie Gas Project
Royal Dutch Shell Plc (RDSA) plans to sell its 11.4% stake in a long-stalled, CAD 16.2 billion natural-gas production and pipeline project in Canada's far north, in addition to its other assets in the region. China: natural gas reserve projects
The National Energy Administration is now conducting a research project to build underground reserves for liquefied natural gas and natural gas and a batch of natural gas reserve projects will start construction soon.