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

Credit: Unsplash

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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Shell Poised to Cut Oil and Gas Operations By 40%

Shell Refueller

Shell Refueller. Credit: Lommer / CC BY-SA 3.0

Oil and gas multinational major Royal Dutch Shell is looking to cut around 40% of its upstream oil and gas operations to redesign its business toward a greener portfolio, according to sources involved in the costs review. Continue reading

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Markets Look Forward to News of US LNG Cargo Cancellations

LNG carrier

Credit: ncrob1 / CC BY-SA 2.0

Energy company S&P Global Platts recently launched a new benchmark for US crude oil -Platts American GulfCoast Select, or AGS. The assessment reveals sweet crude supplied direct from the Permian Basin on specified pipelines. Further, Platts AGS reflects the value of the crude loading FOB US Gulf Coast, 15 to 45 days ahead. Continue reading

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LNG Industry Trends May Not Recover Until 2021

Gas pipeline

Credit: MaxPixels

The cash margin for the U.S. LNG exporters improved slightly in the second quarter. However, the trend will likely remain negative for 2020, according to a new report from the Oxford Institute for Energy Studies (OIES). Continue reading

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Iraq Set to Develop Massive Gas Reserves

pumpjack

Credit: Pixabay

Iraq, OPEC’s No.2  producer is finally ready to work on its plans to develop its associated and non-associated gas resources. Iraq’s Deputy Oil Minister, Hamed Younis confirmed the move in a statement recently. He said the Oil Ministry was scrutinising projects to develop 1.2 billion standard cubic feet per day (scf/d) of associated gas as an adjunct to oil excavation. Continue reading

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Is Oil and Natural Gas Poised for a Recovery from COVID-19?


The U.S. oil and natural gas industry have faced one of the roughest patches in recent history with the current global pandemic of COVID-19. Continue reading

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