Natural Gas
Capstone Green Energy Secures Microturbine Order for Wyoming Gas Compression Facility
(P&GJ) — Capstone Green Energy Corp. has announced that Horizon Power Systems secured a follow-on order for two Capstone C1000 Signature Series microturbines. The microturbines will power a remote natural gas compression facility in Wyoming’s Green River Basin and will run on high-pressure natural gas.
Spain Asks Gas Importers to Wean Themselves Off Russian LNG
The Spanish government has asked LNG buyers to refrain from signing new contracts for Russian gas once existing contracts have expired, two sources familiar with the matter told Reuters on Friday.
Gas Producer Energean Is Looking to Increase Israel FPSO Capacity, CEO Says
Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 Bcm a year, CEO Mathios Rigas told Reuters on Thursday.
Russia Hopes to Seal Power of Siberia 2 Deal with China This Year
Moscow is eyeing the 2,600 km (1,620 mile) pipeline — which would have a capacity of 50 Bcm of gas per year — as a way to replace lost exports to Europe.
Explainer: Does China Need More Russian Gas Via the Power-of-Siberia 2 Pipeline?
Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.
TotalEnergies' Bet on Gas Means No Big Emissions Cut by 2030
French oil major TotalEnergies forecasts its overall greenhouse gas emissions will not see a big reduction by 2030 given it wants to grow its gas business, executives said in an update on its climate strategy on Tuesday.
Kremlin: Turkish Gas Hub is Complex, Will Require Time
President Vladimir Putin proposed the idea of a Turkish gas hub - the exact details of which remain unclear - last year as European countries moved to sharply cut their imports of Russian gas in response to Russia's military actions in Ukraine.
China Strengthened Energy Ties With Russia Through Oil and Gas Purchases in 2022
Putin, Xi and the president of Mongolia held talks in September 2022 on a proposed new Power of Siberia 2 pipeline capable of delivering 50 bcm of gas per year from Russia to China via Mongolia. Moscow put forward the idea many years ago, but it has gained urgency as Russia turns to China to replace Europe as its major gas customer.
Edison to Make Final Investment Decision on Mediterranean Gas Pipeline by Years-End
The EastMed-Poseidon pipeline, which would initially connect several gas fields offshore Israel to Italy and have an annual capacity of 10 billion cubic meters of gas, could be ready by 2027, Edison said.
Germany Cannot Rule Out Gas Shortage Emergency for Winter 2023/24
Additional risks could be posed if Germany's planned liquefied natural gas import infrastructure does not work and if neighboring countries require supply support from Europe's biggest economy down the line.
Norway Named Europe’s Largest Gas Supplier in 2022 as Russian Flows Drop
Norway exported more than 120 billion cubic meters of gas in 2022, mainly via pipelines, making it Europe's largest gas supplier following a drop in Russian flows last year.
Strikes at LNG Terminals and Gas Refineries Continue in Response to French Pension Reform
At least seven LNG ships heading to France have changed course to terminals in Britain, the Netherlands and Spain since the strike action started. The closure of French terminals for another week would significantly hamper France's ability to export gas to neighboring countries.
Osaka Gas to Secure More LNG Than Usual in FY23/24 Amid Tight Global Supply
Japan's Osaka Gas Co. Ltd. plans to secure more LNG than usual in the financial year starting in April to ensure a stable supply of the fuel as global supply is expected to stay tight, its president said on Wednesday.
Mongolia to Decide on Gas Pipeline Route After Russia-China Cost Agreement
Mongolia will make a decision on which part of its territory will be used to construct the Russia-China gas pipeline once its neighbors reach an agreement on costs, the country's prime minister said.
Pembina Pipeline, Haisla Nation Receive Approval to Construct Pipeline for Cedar LNG Project
The Haisla Nation and Pembina Pipeline Corp., partners in the development of the proposed Cedar LNG project, have announced that Cedar LNG has received its Environmental Assessment Certificate for the construction of a pipeline that will connect the project into the Coastal GasLink pipeline.
Norway Does Not Fear EU Joint Gas-Buying Will Create Cartel
Europe's biggest natural gas supplier Norway is not worried the European Union scheme to buy gas jointly in global markets will create a buyers' cartel, its oil and energy minister said on Friday.
Biden Administration Approves ConocoPhillips' $7 Billion Willow Project in Alaska
The Biden administration has approved a scaled-back version of ConocoPhillips' $7 billion oil and gas drilling project in Alaska. The department reduced the size of ConocoPhillips' proposal by 40% by denying two requested drill pads that will prevent the development of 11 miles of roads, 20 miles of pipelines, and 133 acres of gravel.
Brazil's Petrobras, Shell to Look for Joint Drilling Opportunities
Brazilian state-run company Petrobras and international oil major Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said on Thursday.
Ecopetrol: With Reserves of Its Own, Colombia Does Not Need Venezuela's Gas
Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters.
Oil, Gas Executives on Hydrogen: Forget the Rainbow, Just Make It Profitable
Hydrogen as a potential alternative to natural gas, coal or oil burned in heavy industry or shipping is seen as key to reducing emissions in sectors where electrification is impractical. Hydrogen is often described by color and many in the industry call it a "rainbow renewable," but the most important color is green — as in cash, executives at CERAWeek said.
Ukraine to Jointly Buy Gas with European Union Countries
Ukraine will take part in the European Union scheme to jointly buy gas in global markets, to procure 2 billion cubic meters of the fuel ahead of next winter, the EU energy policy chief said on Thursday.
YPF CEO: Green Light for Argentina's Gas Project with Petronas to Come in 2024
Argentina's state-controlled energy firm YPF and Malaysia's Petronas expect to make a final decision next year on whether to invest in the first phase of a massive $60 billion natural gas project in Argentina, the head of YPF said on Wednesday.
CERAWeek: Collapse in US Natural Gas Prices Dents Market for Shale Deals
This year's freefall in U.S. natural gas prices has upended the acquisitions market for gas producers and spooked investors that lined up to buy when prices were much, much higher.
German Minister: Nord Stream Attacks May be 'False Flag' Operation
German Defence Minister Boris Pistorius on Wednesday warned against reaching premature conclusions on who was responsible for blowing up the Nord Stream pipelines, suggesting the attack could also have been a "false flag" operation to blame Ukraine.
Turkey's Ruling Party Presents Gas Reform in Step Towards Trading Hub
Turkey's ruling AK Party presented a draft law to parliament on Wednesday aimed at establishing a competitive natural gas market as the country attempts to become a gas trading hub bringing together suppliers and consumers.
Italian Court Delays Decision on Tuscan LNG Terminal to July
An Italian administrative court has postponed until July 5 a decision on a complaint against a new LNG terminal being set up in the Tuscan port of Piombino, the court said on Wednesday.
EIA: US Natural Gas Output to Hit Record High in 2023, Demand to Fall
The statistical arm of the U.S. Department of Energy projected dry gas production would rise to 100.67 billion cubic feet per day (Bcf/d) in 2023 and 101.69 Bcf/d in 2024 from a record 98.09 Bcf/d in 2022.
Chevron CEO Says Natural Gas Markets Fundamentally Changed by War
The global natural gas market has been more fundamentally changed for the long term by Russia's invasion of Ukraine than the oil market, CEO Mike Wirth said on Monday.
Guyana Sees Natural Gas as The Next Frontier After Oil
Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves, Vice President Bharrat Jagdeo said on Sunday.
Chesapeake Signs 15-Year LNG Supply Deal with Gunvor
U.S. natural gas producer Chesapeake Energy Corp. said on Monday it would supply a unit of Swiss commodity trader Gunvor Group Ltd. with up to 2 MTPA of U.S. LNG for a period of 15 years.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
