Increased Coal-Firing shows the need for Natural Gas

Coal Burning

Credit: Creative Commons

The debate around how New Zealand would generate energy in the future is looming again as the burning of coal facilitating electricity generation reportedly has reached a five-year high. The scenario shows why there’s a need to keep exploring for natural gas, according to the Petroleum Exploration and Production Association of New Zealand (PEPANZ).

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Europe Turns a Natural Gas Arena for Russia and the US

Yamal LNG

Credit: JSC YAMAL LNG

The European Union (EU) is both a prized market and political battleground for the world’s largest energy exporters—especially natural gas. Russia has been a dominant supplier of natural gas to Europe, however, the US reportedly wants to challenge Russia by increasing its imports of U.S. liquefied natural gas (LNG). Continue reading

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Qatar Declares Withdrawal from OPEC in January 2019

Credit: Flickr / QatarGas

The Gulf nation Qatar is all poised to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), which was announced by Qatar’s Energy Minister Saad Sherida Al-Kaabi. Continue reading

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U.S. LNG Goes Global Showing the Future of Energy

Cheniere Energy – Sabine Pass First Export Cargo. Credit: YouTube

U.S. produced liquefied natural gas (LNG) is revolutionising markets with the global natural gas market increasingly referencing U.S.-sourced natural gas. In the context of the American energy scene, gas would continue to not only grow faster than all other energy sources but will also dominate the markets.

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Chancellor Merkel Wants More US LNG in Germany

LNG Tanker

LNG Tanker

Germany would be all set to buy more liquefied natural gas (LNG) from the United States, according to the international daily newspaper, Wall Street Journal (WSJ). Continue reading

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Shell Ready to Buy Total in Hazira LNG

Hazira LNG

Credit: Hazira Port Pvt. Ltd.

Royal Dutch Shell’s subsidiary Shell Gas BV has signed a pact to buyout Total Gaz’s stake to the tune of 26% in Hazira LNG and Port in Gujarat. Continue reading

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Shell Targets Near-Zero Methane Emissions By 2025

Credit: Shell

Royal Dutch Shell plc (Shell) (NYSE: RDS.A) recently announced its intention to achieve a target to maintain the emissions of methane intensity below 0.2% by 2025. Methane, a potent greenhouse gas when limited would help curb carbon emissions. And, the target set by Shell would also cover all oil and gas assets for which it is the operator. Continue reading

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Egypt’s Natural Gas Output Rises to 6.6 Bcf Per Day

Zohr gas field

Credit: Eni

The natural gas output of Egypt has recently risen to 6.6 billion cubic feet per day (bcfd). The rise is contributed to an increase in production at Egypt’s Zohr offshore gas field in the Mediterranean. Continue reading

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Chinese Tariffs on LNG Hits US LNG Export Wave

Sabina Pass Liquefaction

Sabina Pass Liquefaction. Credit: Cheniere Energy, Inc.

Chinese new tariffs on liquefied natural gas and crude oil on $60 billion worth of US imports could hit the energy market. US and China could be caught in a trade war, at a time when the US is all set to grow their energy export prowess. Continue reading

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South Korea to Cut Taxes to Support LNG-fired Power Generation

Korea Gas Corporation

Credit: Korea Gas Corporation

South Korea is all-poised to cut taxes on liquefied natural gas (LNG) to the tune of 74% and increase taxes on thermal coal for power generation by nearly 27% in 2019. The cuts are an effort to cut the country’s heavy dependence on coal for power production and gradually shift towards gas. Continue reading

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