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Rystad Energy: Fossil Fuel Emissions to Peak Within Two Years
The inflection point for fossil fuel carbon dioxide (CO2) emissions is nigh, with emissions on track to peak by 2025, according to Rystad Energy research and an…
LNG
How to fast-track FSRUs safely and efficiently
Coral Favia at the floating LNG terminal in Lubmin (source: DRG Sebastian Frauenlob)With rising demand for LNG imports, there has been a ramp up in need for fas…
LNG
Svanehøj provides tank gauging system to Venture Global LNG
As the US strives to meet the growing demand for LNG in Europe, more LNG tanks are required. Svanehøj France has provided safety instrumentation and soft…
Oil Field
Geothermal Repurposing Hydrocarbon Fields – First of Its Kind Study
The Aquarius North Sea Geothermal Consortium, led by ZeGen Energy, has completed a geothermal assessment project for TotalEnergies. It is believed to be the fir…
Natural Gas
Naturgy’s Gas Supply Rose by 6% In 2022 to 143 TWh
The Spanish gas company Naturgy has released its 2022 results, posting a net profit of 1.6bn (+35% compared to 2021). The group’s gas supply reached 143 T…
Oil & Gas Trade
UK Energy Company Centrica Triples Profit
British Gas owner records earnings of £3.3bn for 2022 on the back of Russian invasion of Ukraine
LNG
First Middle East LNG Cargo to Germany Delivered by ADNOC
ADNOC and RWE Aktiengesellschaft (RWE) announced today the successful delivery of the first shipment of LNG from Abu Dhabi in the United Arab Emirates (UAE) to …
LNG
A Detailed Look at Germany’s LNG Buildout
German utility RWE's trading arm received its first cargo of LNG at the North Sea port of Brunsbuettel, following first LNG arrivals at Wilhelmshaven late l…
Geothermal Power Plant
Consortium Completes First-Of-Its-Kind Offshore Geothermal Assessment Project
The Aquarius North Sea Geothermal Consortium Led by Zegen Energy Has Completed an Offshore Geothermal Assessment Project Based on an Oil and Gas Field in the Uk…
Oil & Gas Trade
First GECF Monthly Gas Market Report now available
Doha, QATAR – 15 February 2023: The GECF is pleased to unveil the inaugural edition of the Monthly Gas Market Report (MGMR). This new publication offers a…
Crude Oil
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t…
Oil & Gas Supply
OPEC Expects Tighter Oil Market With Lower Supply and Higher Demand
(Bloomberg) – OPEC expects a slightly tighter global oil market than previously forecast as the group nudged up its demand estimate and trimmed its supply…
Nuclear Technology
ITER: Russian Poloidal Field Coil Arrives at Construction Site
A poloidal field coil - the largest component being produced in Russia for the multinational fusion project - has completed its journey to the International The…
LNG
Growth in LNG Export Capacity Will Be Limited in 2023
The LNG transport ship called KARMOL LNGT Powership Africa is shown offshore Africa in May 2022. (Photo: Reuters.)After growing aggressively for a decade, the a…
Natural Gas
Proved Gas Reserves in U.S. Grow To 625.4 Tcf
Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, the latest year in which full statistics ar…
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