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U.S. Natural Gas Production Has Hit An All Time High

U.S. Natural Gas Production Has Hit An All Time High

November 15, 2019 No Comments

Dry natural gas production in the United States will rise to an all-time high of 92.10 billion cubic feet per day (Bcf/d) in 2019, the EIA reported on Wednesday in its latest version of the Short Term Energy Outlook. That figure is up 10% from 2018, but the EIA forecasts that the production growth in […]

Baker Hughes Announces October 2019 Rig Counts

Baker Hughes Announces October 2019 Rig Counts

November 7, 2019 No Comments

Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for October 2019 was 1,130, down 1 from the 1,131 counted in September 2019, and up 113 from the 1,017 counted in October 2018. The international offshore rig count for October 2019 was 242, unchanged from September 2019, and up 35 from the 207 counted in October 2018. The average U.S. rig count […]

HIGH QUALITY NATURAL GAS FLOWING FROM UK SHALE

HIGH QUALITY NATURAL GAS FLOWING FROM UK SHALE

November 4, 2019 No Comments

Leading onshore shale gas exploration operator Cuadrilla today announced results from laboratory testing of the natural gas flowing to surface from its second horizontal well, drilled through the shale rock some 7,500 feet beneath its flagship site in Preston New Road (PNR) Lancashire. Testing of the flow rate of natural gas from the PNR2 well […]

Gazprom feeding natural gas into the Power of Siberia gas pipeline

Gazprom feeding natural gas into the Power of Siberia gas pipeline

October 30, 2019 No Comments

Gazprom has completed feeding natural gas into the Power of Siberia gas pipeline. The gas from the Chayandinskoye field in Yakutia has reached the near-border gas metering station in the proximity of Blagoveshchensk. Power of Siberia’s linear part is thus ready for the commencement of Russian pipeline gas supplies to China. The next step is to feed gas into the transborder crossing under the Amur River. Source / More […]

McDermott Awarded Fabrication Subcontract for Natural Gas Project

McDermott Awarded Fabrication Subcontract for Natural Gas Project

October 24, 2019 No Comments

McDermott International, Inc. (NYSE: MDR) announced it has been awarded a sizeable* fabrication subcontract for the Greater Tortue Ahmeyim natural gas project. “This award reflects the value of holistic project planning to get the best outcomes for the project and the customer. Fabrication for both the SPS and subsea, umbilicals, risers and flowlines (SURF) scope […]

Solar, Wind Are Now Cheaper Than Coal In Most Of The World

October 21, 2019 No Comments

The world’s premiere authority on global warming, the Intergovernmental Panel on Climate Change (or IPCC for short), announced in an alarming report at the end of last year that the world is running out of time to curb carbon dioxide emissions. In fact, the data they collected found that in order to keep global temperatures […]

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Is U.S. Gas Boom Already Over?

Is U.S. Gas Boom Already Over?

October 15, 2019 No Comments

Natural gas production in the Marcellus and Utica shale plays is growing at a slower pace than before as low prices persist, but demand has yet to catch up to supply. S&P Global Platts reports that energy companies in the Appalachian Basin have started cutting back their new drilling, pressured by low gas prices on the one […]

Total expands partnership with Adani to supply and market natural gas in India

Total expands partnership with Adani to supply and market natural gas in India

October 14, 2019 No Comments

As part of its strategy to develop new gas markets, Total, the world’s second-largest LNG player, expands its partnership with the Adani Group; the largest energy and infrastructure conglomerate in India, to contribute to the development of the Indian natural gas market. The Indian natural gas market represents a substantial growth perspective. It is currently […]

Liquefied Natural Gas Ltd  2019 Annual Report

Liquefied Natural Gas Ltd 2019 Annual Report

October 11, 2019 No Comments

Liquefied Natural Gas Ltd   (ASX:LNG) maintains its confidence in delivering an FID on Magnolia LNG, for the following reasons: – Global appetite for significant new sources of LNG in the 2020s remains absolute; – Feedback from buyers supports the competitiveness of Magnolia LNG’s commercial offering; – Magnolia LNG’s smaller capacity size enables achievement of […]

Chevron Sets New Greenhouse Gas Reduction Goals

Chevron Sets New Greenhouse Gas Reduction Goals

October 3, 2019 No Comments

Chevron Corporation (NYSE: CVX) has established new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas. Emission intensity is the emission rate of greenhouse gas per unit of energy produced. The company intends to lower upstream oil net GHG emission intensity by 5 – 10 percent and upstream natural […]

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