Natural gas

Hydropower Plant

Western US to See Higher Levels of Hydropower This Summer

Image by David Mark from PixabayUS power prices have been lower in 2023 than 2022 due to lower natural gas prices and modest power demand, and it will be import…

Green Hydrogen

EEX Publishes Hydrix, the First Market-Based Hydrogen Index for Transparency

EEX will present the initiative at the E-world trade fair in Essen.European Energy Exchange (EEX), continental Europe’s leading electric power and natural…

Coal-Fired Power Plants

US Coal-Fired Power Plant Retirements, Hydropower Output Remain Important This Summer

US power prices have been lower in 2023 from 2022 due to lower natural gas prices along with modest power demand, and it will be important to watch coal-fired p…

LNG

LNG Demand in South Korea to Remain High Despite Nuclear Power Expansion

The market will continue relying on LNG for primary backup fuel amidst its energy transition.The demand for liquefied natural gas (LNG) in South Korea will cont…

Solar Power Plant

Each MW of Concentrated Solar Power Can Replace Each MW of Natural Gas and Achieve the Decarbonization of the Electricity Sector

Each MW of solar thermal power can replace each MW of gas and achieve a total transition of the electricity sector, which would imply the substitution of curren…

Crude Oil

Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting

Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…

Natural Gas

China’s Natural Gas Output up 7% In April

An employee of CNPC checks a gas facility in Tianjin. [Photo/Xinhua]BEIJING -- China's natural gas output registered faster growth in April, data from the N…

LNG

Oman Enters the World’s Largest LNG Exporter Club

Energy exporter OmanThe Sultanate of Oman, the largest energy exporter outside OPEC, has become one of the leading global exporters of liquefied natural gas (LN…

LNG

Equinor, Shell and Exxon Agree LNG Project With Tanzania

Equinor, Shell and Exxon Mobil have agreed a deal with the government of Tanzania for the development of a liquefied natural gas (LNG) export terminal in the Ea…

Crude Oil

Expert Commentary the Role of Natural Gas in Powering Africa’s Future

Abubakar AbbasSenior Energy Forecast AnalystGas Exporting Countries Forum (GECF)Alexander ErmakovEnergy EconometricianGas Exporting Countries Forum (GECF)1 - In…

LNG

Technip Energies Awarded a Major LNG Contract for the North Field South Project by Qatarenergy

This contract entails the delivery of two mega trains, each capable of processing 8 million tons per annum (Mtpa) of Liquefied Natural Gas (LNG)Deal includes th…

Natural Gas

Australia’s Gas Usage to Drop to 34% By 2030

This comes as the market transitions away from gas.Australia’s gas usage is expected to drop further to 34% by 2030, the Institute for Energy Economics an…

Gas power plant

New York Investment Group to Acquire 2.1GW of Gas-Fired Assets in Texas

Image: 123rfNew York-based LS Power has announced it will acquire 2,145MW of natural gas-fired generation in the ERCOT North region of Texas through a special-p…

Oil & Gas Supply

EIA Expects More Generation From Renewables and Natural Gas This Summer

The U.S. Energy Information Administration (EIA) expects that this summer will see the second-most U.S. natural gas consumption for electricity generation on re…

Gas power plant

New York Group Acquiring More Than 2.1 GW of Texas Gas-Fired Capacity

New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural g…