Natural gas

Oil Price

Natural Gas Prices Hit Record High In China

Natural gas prices in China have gained as much as 80 percent over the last month to reach a record high amid freezing weather and tight supply.

Natural Gas

Hydrogen Generation Could Become a $1 Trillion Per Year Market, Goldman Sachs Says

Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a year, according to …

Natural Gas

Israel to Increase Natural Gas Export to Egypt through Jordan Pipeline

Israel will begin exporting an additional 2.5 billion cubic meters of gas to Egypt this month via the Jordan pipeline.

Net Zero Emission

NET Power, Baker Hughes Partner to Deploy Zero-Emission Power Plants

NET Power announced a partnership with Baker Hughes as it works toward a commercial deployment of its near zero-emission power systems.

LNG

LNG Giant Australia Sees 500% Growth Prize in Emerging Asia

Australia, one of the world’s biggest exporters of liquefied natural gas, aims to target a forecast boom in demand in India and across emerging Asia as nations…

LNG

China CNOOC to Add Giant New Tanks at LNG Terminal by End-2023

China National Offshore Oil Company, or CNOOC, aims to complete by the end of 2023 a project to install the world's largest storage tanks at a liquefied natural…

Natural Gas

Germany Freezes Nord Stream 2 Gas Project as Ukraine Crisis Deepens

Germany on Tuesday halted the Nord Stream 2 Baltic Sea gas pipeline project, designed to double the flow of Russian gas direct to Germany, after Russia formally…

Natural Gas

GECF Recognises Leading Personalities with First-Ever Awards

The Gas Exporting Countries Forum yesterday announced the recipients of the inaugural GECF Awards.

Natural Gas

Global Crunch Likely to Double Local Gas Prices

An accelerated recovery in energy demand from the covid-lows coupled with inadequate supply expansion in 2021 vaulted prices to record highs, sending shockwaves…

Crude Oil

Factbox: Asian buyers of Russian oil, gas and coal

As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…

LNG

Shell Sees LNG Demand Climbing by 90% over Next 20 Years

Global liquefied natural gas demand is set to surge by 90 percent by 2040 compared to 2021 to exceed 700 million tons annually in two decades, as LNG and gas wi…

Crude Oil

Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine

Energy prices, notably natural gas and crude, climbed sharply, amid the threat of a full-scale invasion of Ukraine by Russia.

Natural Gas

Turkey’s Underground Gas Storage Capacity to Reach 10 Bcm in 2023

Turkey is working to increase the natural gas storage capacity at its facilities.

Oil & Gas Supply

European Gas Storage Levels Survive Winter but Summer Refilling Looms

European gas storage levels have fallen less than feared after a mild winter and unprecedented deliveries of liquefied natural gas (LNG), but refilling will be …

Natural Gas

Egypt: GECF at EGYPS - Natural Gas Fuel for Sustainable Development

Natural gas will continue to play a crucial role in alleviating energy poverty, fuelling economic growth, expanding prosperity, and contributing to the protect…