Demand for gas is rising in the U.S., largely due to data centres and LNG exports. But with cheap acreage exhausted, gas prices will need to rise in the years to come
Analysis
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The European Commission (EC) has come under fire for trying to weaken the EU’s Emissions Trading System (EU ETS) following pressure from heavy industry and some Member States alike. Yet the jury is still out on how far the proposed changes really go and what the final outcome will be when EU legislators try to hammer out a final deal this autumn and winter.
An unpublished EC document explores direct public support for LNG projects overseas. But critics warn that doubling down on costly LNG imports might be a drag on the European economy and increase security vulnerabilities.
A new report says LNG price hikes in 2022 are a major reason for South Korea’s energy sector woes.
At an energy conference in Vancouver, industry leaders agonised over the slow progress in building Canadian LNG export terminals.
At an energy conference in Vancouver, a Woodfibre LNG official said construction has advanced on the controversial gas project in British Columbia.
Petrobangla has begun receiving bids from international oil companies keen to explore for hydrocarbons in Bangladesh’s 24 offshore blocks in the Bay of Bengal.
News
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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.
Opinion
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Gas detection remains central to the energy industry’s future, not a relic of its past, says Jodi Downing, a director at R.C. Systems.
Critics say blaming the fires on militancy masks another problem plaguing Niger Delta communities: the safety risks of ageing oil and gas facilities.
New research spotlights how the EACOP project is bringing a host of financial and security risks to tens of thousands of women in Uganda who have been displaced by the pipeline.
