Will Climate-Conscious Customers Pay for Greener Gas?

natural gas

Credit: Pixabay

U.S. natural gas producers anticipate that climate-conscious electric utilities and gas exporters will be ready to pay a premium for green gas. The greener gas is the gas either from low-emission operations or renewable sources, such as landfills. Continue reading

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Azerbaijan Boosts Natural Gas Exports on Completion of SGC

Sangachal_Terminal

Sangachal Terminal, Azerbaijan. Credit: President.az

Southern Gas Corridor (SGC), the European Commission’s project poised to take Caspian Sea gas to Europe, was officially completed recently. Azerbaijan, bestowed with 2.8 trillion cubic meters of natural gas, is a critical factor to supply the Caspian natural gas directly to the European energy consumers. Continue reading

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BP Plans Stopping Natural Gas Flaring by 2025 at US Onshore Assets

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Credit: PD Photo

British oil and gas major BP is set to stop natural gas flaring at its onshore oil and gas assets in the US by 2025. Continue reading

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Qatar Petroleum to be 100% Owner of QG1 LNG Project

Qatar Petroleum office

Qatar Petroleum office. Credit: Balachand. CC BY-SA 3.0

Qatar Petroleum recently declared its intention of not renewing the joint venture with Qatargas Liquefied Natural Gas Company Limited (QG1) effective from 31 December 2021 upon the expiry of the relevant agreements. The announcement spells that Qatar Petroleum will become the sole owner of 100% of the QG1 facilities and assets effective from 1 January 2022. Continue reading

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Australia Set to Boost LNG Spending to Compete with Qatar

LNG tanker

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Australia’s LNG operators are set to approve LNG infill projects and gas drilling to the tune of US$10 billion in 2021. The approvals are in a bid to stay competitive in a very dynamic global marketplace. Continue reading

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Elon Musk Aims to Use Texas Natural Gas for his Starships

SpaceX logo

Credit: Flickr / Steven Straiton / CC BY 2.0

The SpaceX site in Texas founded by billionaire Elon Musk will be supplied by at least five nearby gas wells, along with two gas-fired power plants, according to a Federal Aviation Administration (FAA) document. Continue reading

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Gas Faces Transition Issues Though It Is Cleaner Than Oil

LPG Tanker

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Natural gas is a relatively clean fossil fuel and is poised to play a valuable role for years to come. However, it is still uncertain whether it will be a profitable one. Continue reading

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Natural Gas Set to Grow for Decades

Gasblok

Gas block. Tyumen. Credit: DMyshkin/CC BY-SA 4.0

Natural gas touted as a bridge fuel is facing growing opposition and pressure from environmental groups and governments. A couple of years ago, it was hailed as the fuel that would bridge the fossil fuel era and the renewable energy era. Continue reading

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Novak Asks for Cooperation with OPEC on Natural Gas

OPEC Headquarter.

OPEC Headquarter. Credit: priwo / CC BY-SA 3.0

Russian Energy Minister Alexander Novak recently said in an online conference between Russian and Organization of the Petroleum Exporting Countries (OPEC) officials that it was important to strengthen cooperation in the natural gas industry.  Continue reading

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Korean Yard to Build LNG Floating Storage for Murmansk terminal

LNG carrier

LNG carrier. Credit: Jnzl’s Photos / CC BY 2.0

The deal to build two LNG floating storages has been concluded with the Russian State Transport Leasing Company, according to sources.  Continue reading

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