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HomeNatural Gas

Natural Gas

oil
Crude Oil News

Blocking US oil drilling will backfire on Biden’s climate agenda: report

May 25, 2023 Mariel Alumit

The carbon intensity of U.S. oil and gas drilling, especially offshore production in the Gulf of Mexico, is significantly lower than foreign alternatives, according to an energy industry report released Tuesday morning. The report — by […]

Price
EIA News

EIA explores effects of liquefied natural gas exports on the U.S. natural gas market

May 24, 2023 Mariel Alumit

May 24, 2023 Data source: U.S. Energy Information Administration, Annual Energy Outlook 2023 (AEO2023) Note: Shaded regions represent maximum and minimum values for each projection year across the AEO2023 Reference case and side cases. LNG=liquefied […]

Africa
Critical Minerals

Beijing and Washington Are Battling Over Africa’s Green Future

May 24, 2023 Mariel Alumit

In March 2023, three renewable energy players—Conjuncta from Germany, Infinity from Egypt, and Masdar from the United Arab Emirates—signed an agreement with Mauritania’s government to develop a colossal green hydrogen project in the country, worth […]

Climate
CCUS

Climate Act Reality Strikes As New York Admits it Needs Gas!

May 24, 2023 Mariel Alumit

Suddenly, in order to implement the Climate Leadership & Community Protection Act (Climate Act) net-zero transition the Integration Analysis, the New York Independent System Operator and the New York State Reliability Council all agree that a new resource […]

PHILIPPINES
Electrical Generation / Utilities

AS GAS RESERVES WANE, PHILIPPINES FACES RISING COSTS IN SWITCH TO LNG

May 24, 2023 Mariel Alumit

MANILA/SINGAPORE, May 24 (Reuters) – With just four years before the Philippines‘ only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh headache for a […]

SSE
CCUS

‘Electrifying profits’ from SSE Thermal as hunt continues for CCS

May 24, 2023 Mariel Alumit

SSE (LON:SSE) saw its thermal division – the utilities firm’s gas-fired power plant arm – triple its profits during 2022 as it brought on new generation and enjoyed higher power prices. Adjusted operating earnings, reported […]

GAZPROM
Exploration and Production

GAZPROM 2022 NET PROFIT FALLS 40% ON TAX HIKE, FULL-YEAR DIVIDEND SCRAPPED

May 23, 2023 Mariel Alumit

MOSCOW, May 23 (Reuters) – Gazprom’s net profit fell more than 40% to 1.226 trillion roubles ($15.77 billion) last year due to a tax hike in the second half of the year, the Russian energy […]

Liquefied
Crude Oil News

Issues in Focus: Effects of Liquefied Natural Gas Exports on the U.S. Natural Gas Market

May 23, 2023 Mariel Alumit

Executive Summary To explore the effects of future U.S. liquefied natural gas (LNG) export volumes on domestic natural gas prices, we examined a range of potential LNG price and investment drivers using the same model […]

Pipeline
Crude Oil News

This New Middle East Pipeline Could Be A Gamechanger

May 23, 2023 Mariel Alumit

The major new gas pipeline being planned will run along a 2,000-kilometre corridor via Oman and UAE through the Arabian Sea and into India. The presence of such a pipeline could also lead to vital […]

Marathon
Crude Oil News

Marathon’s return to Basin encouraging

May 22, 2023 Mariel Alumit

Having returned to activity in the Permian Basin last year, Marathon Oil Corp. reports that production here is already rivaling that of the Bakken and Eagle Ford formations. Lee Tillman, who is president, CEO and chairman of […]

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