Top leaders in the global gas industry gathered at Gastech described renewables as unreliable, and said that gas production and consumption would grow for several decades. But there were also some warnings from insiders that the industry’s confidence may be misplaced.
Gas Outlook will be reporting from Gastech, one of the largest global gatherings of the oil and gas industry, in Houston next week, at a time when the fate of the U.S. LNG sector is unclear.
Venture Global’s CP2 project, an enormous LNG project in southwest Louisiana, obtained a construction authorisation from federal regulators. But it will remain sidelined until Biden’s LNG “pause” is completed.
Nigeria Oil & Gas (NOG) Energy Week 2024 opens in Abuja later this month, at a time when questions are being asked about Nigeria’s LNG sector.
With gas demand in Europe in long-term decline, the EU has access to sufficient supplies in both the short and long-term. That means that contracts for additional LNG are not needed, and only increase stranded asset risk.
Nigeria's LNG expansion risks economic instability, stranded assets, and perpetuating fossil fuel dependency, according to a new report.
The UAE’s Adnoc took a stake in Rio Grande LNG, a controversial gas export project currently under construction on Texas’ southern coast. Saudi Aramco is also reportedly considering an investment.
Businesses could cut industrial natural gas consumption by more than 50 percent with investments of €9.5 billion, a new paper estimates.
The European Union agreed at the summit to mobilise 400 million euros for clean cooking activities in Africa.
A new report finds that global financial institutions have continued to invest in oil, gas, and coal at elevated levels since the Paris Agreement, despite calls to accelerate the energy transition.
An Iraqi man’s son died of leukemia a year ago. He says that BP’s excessive gas flaring in southern Iraq is the cause, and he is seeking damages from the British oil giant.
Suriname is estimated to have 17 trillion cubic feet of gas reserves, which if proven would surpass those of Mexico and Brazil.
U.S. gas prices have crashed as a result of an unusually warm winter. Government data expects conditions of oversupply to continue through next year.
The Oman Petroleum & Energy Show opens later this month against a backdrop of shifting allegiances in the LNG sector, with Persian Gulf State oil giants eyeing the global stage.
Future imports from Venezuela align with the Colombian government’s strategy, the chief executive of Ecopetrol told conference delegates.
A new report finds that EU levies on imported methane could help clean up gas operations, but may also lead to a two-tiered global LNG market.