Qatar’s $29bn FID on North Field expansion is a game-changer, noted GECF Global Gas Outlook 2050 LNG liquefaction investment that dropped in 2020 may have scaled up to more than $23bn in…
Europe risks rationing if Putin cuts off Russian gas supply
The prospect of Europe getting cut off from Russian gas supplies is starting to get real. The clock is ticking in a standoff over the Kremlin’s demand that its customers in Europe…
U.S. Natural Gas Surges to 13-Year High on Global Supply Crunch
As a result of strong demand, U.S. natural gasoline prices soared to their highest intraday levels in more than 13 years. Despite a drop in backup inventories, production is still flat Strong…
How Ethanol and E15 Gas Fit Into Biden’s Plans to Fight Inflation
Ethanol, the intoxicating alcohol found in beer, wine and liquor, has been powering automobiles in the U.S. since the era of the Model T more than a century ago. Since the 1970s,…
Russia-Ukraine war could delay Europe’s decarbonization plans for a decade
Russia’s invasion of Ukraine could force Europe to delay key decarbonization efforts for up to a decade, a prominent regional energy expert has warned in Greece. “They don’t have many choices left,”…
Russia April Gas Exports Fall On Spot Price Drop, Warmer Weather
(Bloomberg) — Gazprom PJSC’s average daily exports to key foreign buyers so far in April fell to lowest in three months, as warmer weather and lower spot prices started to lure European…
Morocco considers onshore, offshore options for LNG import facility
RABAT, April 15 (Reuters) – Morocco is studying options at several ports to build a floating or land-based facility to import liquefied natural gas (LNG), Energy Minister Leila Benali said on Friday….
Draghi is betting on Africa for Italy’s exit from Russian gas
Italian Prime Minister Mario Draghi is chasing a raft of natural gas deals in Africa as he seeks to cut energy ties with Russia. Draghi will travel to central and southern Africa…
Iraq may make decision on Halliburton gas deal in May
(Bloomberg) — Iraq’s cabinet may reactivate a deal with Halliburton Co. to drill wells in a western gas field in Akkas next month, Oil Minister Ihsan Abdul Jabbar told local media. An…
Qatar, Iran and Saudi Arabia ‘bright spots’ for Middle Eastern gas output until 2050: GECF
Pratap John Qatar, Iran and Saudi Arabia are the “bright spots” for Middle Eastern gas output over the next three decades, the Gas Exporting Countries Forum (GECF) has said in a report….