OPEC Slashes Oil Market Share Until 2025

OPEC HQ in Vienna, Austria

OPEC HQ in Vienna, Austria. Credit: CC / Priwo

The production of crude oil and related liquids of Vienna-based OPEC is projected to decline to 32.8million barrels per day (BPD) by 2025, according to the group’s 2019 World Oil Outlook (WOO) published recently.
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U.S. Production of Natural Gas Set to Boost by 2020

Offshore platforms

Offshore platforms. Credit: CC / Chad Teer

U.S. production of dry natural gas and crude oil is set to boost in 2019 and 2020, according to U.S. Energy Information Administration’s (EIA) latest report. Continue reading

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Australian Natural Gas – A Solution to a Global Challenge

Dampier to Bunbury Natural Gas Pipeline, Western Australia. Credit: CC/Glen Dillon

Australia’s natural gas industry plays a significant role in reducing global greenhouse gas emissions and this contribution is often overlooked. The country’s liquefied natural gas (LNG) exports have the potential to save global emissions up to a quarter of their total annual domestic greenhouse gas emissions. Continue reading

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Iran’s LNG Exports to Neighbour Rise by 400%

LNG & LPG Jetty

Credit: Iran Liquified Natural Gas Co.

Iran’s exports of Liquified Natural Gas (LNG) to Afghanistan have more than quadrupled in the last quarter of year 2019. Over 98,417 tons of LNG was exported to Afghanistan through the Doqaroon border customs, showing a four-time rise in export of natural gas compared to the previous year. Continue reading

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Net Zero Natural Gas Plant Strikes Zero Carbon Footprint

NET Power oxy-combustion natural gas facility

Credit: Net Power Inc.

Gas-fired power has substantial environmental benefits over fossil fuels, and NET Power’s pilot plant located in Texas is set to herald a new future for natural gas. NET Power aims to achieve the production of electricity from natural gas with zero carbon footprint. Continue reading

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Berkeley, California Bans Natural Gas in New Buildings

Berkeley-downtown

Credit: CC / Introvert

Berkeley, California recently became the first U.S. city to ban natural gas hook-ups for all new residential buildings. The step if propagated for all cities in the state could facilitate the meeting of California’s goal of shifting to net-zero carbon emissions from energy sources by 2045. Continue reading

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TANAP Ready to Transport Natural Gas To Turkey

TANAP

Credit: TANAP Natural Gas Transmission Company

The main segment of the EU’s long-planned ‘Southern Gas Corridor’ (SGC), called the Trans-Anatolian Natural Gas Pipeline (TANAP), has reportedly been completed and is ready to export Azerbaijani gas to Europe. The completion was confirmed in a statement made by the State Oil Company of the Azerbaijan Republic (SOCAR). Continue reading

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Natural Gas Industry Has a Leaking Methane Issue

Credit: Flickr / Tim Evanson

Oil and gas operations reportedly leak more methane than was previously thought. However, it often gets lost in discussions about natural gas. Continue reading

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Sempra’s Cameron LNG Project Ships First LNG Cargo

Cameron LNG

Cameron LNG. Credit: Sempra Energy

Sempra Energy’s Cameron LNG project has reportedly shipped the first commissioning cargo of liquefied natural gas (LNG). The cargo was shipped from the first liquefaction train of the export project in Hackberry, Louisana (La.). Continue reading

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Britain Affluent With Natural Gas

LNG Tanker

Credit: CC / Tennen-Gas

Britain usually finds a decline in natural gas during summer, however, this season a record number of LNG tankers due to land were observed. Continue reading

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