Category Archives: Gas news

Shell Poised to Cut Oil and Gas Operations By 40%

Royal Dutch Shell is looking to cut around 40% of its upstream oil and gas operations to redesign its business toward a greener portfolio. Continue reading

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Markets Look Forward to News of US LNG Cargo Cancellations

Energy company S&P Global Platts recently launched a new benchmark for US crude oil -Platts American GulfCoast Select, or AGS. Continue reading






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LNG Industry Trends May Not Recover Until 2021

The global pandemic has affected the LNG market. Natural gas is in a glut that’s concerning both buyers and sellers. Continue reading






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Iraq Set to Develop Massive Gas Reserves

Iraq, OPEC’s No.2  producer is finally ready to work on its plans to develop its associated and non-associated gas resources. 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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Anticipate Even Lower Natural Gas Prices in 2020

The global demand for natural gas is getting severely affected by the COVID-19 pandemic. Rystad Energy forecasts that the natural gas demand would not fall to the same extent as the demand for oil. Continue reading






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Coronavirus Impacts the Natural Gas Market

In the face of the novel coronavirus, the energy producers are facing the most significant demand shock to hit the markets in decades. The Covid-19 outbreak has already claimed thousands of casualties.

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Can LNG-Powered Ships Help Decarbonization?

The shipping industry is on a lookout for new fuels to cut the industry’s carbon footprint. The effort is in line with the global marine regulator, the International Maritime Organization, which is set to cut carbon emissions by half compared to the 2008 levels. Continue reading






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New Oil and Gas Reserves Discovered in USA

U.S. had more drillable oil and gas reserves than previously estimated. ‘Proved’ oil and natural gas reserves are the amount that drillers can extract affordably, with the prevailing technology. Continue reading






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Russia-China Turn on Milestone Gas Pipeline in Serbia

The China-Russia east-route natural gas pipeline began operations recently with its official launch by Russian President, Vladimir Putin and Chinese President, Xi Jinping. Continue reading






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