Shoreline and Shell Join Hands For Gas Business In Nigeria

Shell

Credit: Shell

The Shell Petroleum Development Company of Nigeria Limited (SPDC) and Shoreline Energy Limited (parent company of Gasland Company Ltd.) have signed $ 300 million agreement to buy, market, distribute and sell natural gas to consumers and companies in the Victoria Island, Ikoyi, Lekki, and Epe areas of Lagos, Nigeria. Continue reading

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Is Big Oil Geared Up For Natural Gas Revolution?

he pipes with natural gas from the Ormen Lange field,

he pipes with natural gas from the Ormen Lange field. Credit: Creative Commons/Bair175

As per the first Energy Transition Outlook published by DNV GL, natural gas will surpass oil to become the main source of energy by the year 2034 and by the year 2050, it will satisfy 27% of the global energy needs. Continue reading

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French Total to Buy the Oil and Gas Business of Maersk

Maersk Oil

Credit: Maersk Oil

On August 21, 2017 the French energy major Total announced that it has struck a deal to buy the oil and gas exploration and production business of the Danish company AP Moller-Maersk for $7.45 billion. Continue reading

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A Huge Gas Well Discovered by Oil Giant BP in New Mexico

gas wells

Credit: BP

The London-based oil giant BP made an announcement In the first week of August 2017 that it has started the commercial production of gas from a gas well called as NEBU 602 Com 1H, in New Mexico’s Mancos shale, near Colorado border in San Juan basin. Continue reading

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China’s Natural Gas Consumption Shows Rampant Growth

LNG carrier

LNG carrier. Credit: Creative Commons/QatarGas

The International Energy Agency last month has released some amazing facts and figures about China’s natural gas consumption growth pattern. It says China will account for almost 40% of the global annual growth of natural gas demand in the coming five years. Continue reading

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Rising US Natural Gas Output Challenges Russia’s hold In the European Market

LNG Tanker

LNG Tanker

The Energy Information Administration sees the gas output in the United States to be approximately 77.34 billion cubic feet a day in the year 2018, which is up by 1.2% than its earlier estimate of 76.42 billion cubic feet. Continue reading

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Australia to Generate Power From Gas Flaring

Flaring_of_Gas_Australia

Gas flaring has been a major problem worldwide and world bank has asked all the nations to address it on priority. Continue reading

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Will U.S. Become the Largest Supplier of LNG to Asia?

LNG carrier

LNG carrier. Credit: Creative Commons/Slecter

The U.S. Liquefied Natural Gas (LNG) has reached Asia, after 18 months of exporting to around 35% of all U.S. The giants of Asia want to use more natural gas and reduce their reliance on coal. It looks like an ideal time to diversify, as the local gas prices are reportedly as low as that in the U.S. Continue reading

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Energy Giants Seek to Boost Qatar’s Gas Expansion Despite Crisis

The ORYX GTL plant, located in Qatar.

The ORYX GTL plant, located in Qatar. Credit: Creative Commons/SASOL

Doha may get a timely boost from the West’s three biggest energy corporations who are reportedly urging Qatar to take part in a huge expansion of its gas production despite the recent bitter dispute with Gulf Arab neighbours. Continue reading

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The Kemper County Plant forced to Start Using Natural Gas

Kemper_Project

Credit: Creative Commons/XTUV0010

The Southern Company and Mississippi Power has made an announcement in the last week that, their clean coal power plant project Kemper County Power Plant in rural Mississippi will be finally turning into a natural gas power plant. Continue reading

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