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Russia could use its excess naturalgas to power AI data centers or crypto mining operations, Russian officials have said, as Moscow’s pipeline gas exports to Europe have collapsed and led to an oversupply at home. Previously, half a billion cubic meters per day went through the gas pipelines…
a company focused on naturalgas fuel and refueling solutions for transportation, says it sold 54.4 million gallons of renewable naturalgas (RNG) in the fourth quarter of 2022, representing a 21.2% Clean Energy Fuels Corp., increase compared to the fourth quarter of 2021.
s recently announced 15-liter naturalgas and 15-liter hydrogen internal combustion engines in its vehicles. Cummins will begin integrating these new powertrains in Werner trucks in the second half of 2022, starting with the 15-liter naturalgas product.
In a partnership with Agility Fuel Solutions, UPS has announced plans to add a whopping 6,000 naturalgas trucks to its fleet. The three-year commitment will begin in 2020 and run through 2022. The post UPS Announces Huge NaturalGas Truck Expansion appeared first on NGT News.
NGVAmerica and the Coalition for Renewable NaturalGas say 69% of all on-road fuel used in naturalgas vehicles in calendar year 2022 was renewable naturalgas (RNG), surpassing the previous year’s record-breaking level.
(Investing) – A consortium led by ExxonMobil (NYSE: XOM ) has discovered a naturalgas reservoir off the coast of Cyprus, according to a government announcement on Monday. The drilling operation found preliminary indications of a 350-meter gas-bearing reservoir at a depth of 1.9
The NYMEX naturalgas “front month” futures contract (currently the April contract) closed at its highest level yesterday since Dec. 29, 2022, closing at $4.4910 per million British thermal units (MMBtu). The post NYMEX NaturalGas Price Hits Two-Year High of $4.491/MMBtu first appeared on Marcellus Drilling News.
Image by Yutthana Gaetgeaw via iStock According to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently, the world’s top naturalgas producer last year was the United States. exajoules of naturalgas in 2024, which represented a yearly reduction of 0.3 produced 37.19
(Oil Price) – As part of the European Union’s efforts to halt imports of Russian naturalgas by 2027, the bloc will require EU companies to disclose details of their contracts to buy Russian gas, according to an internal European Commission document seen by Reuters. By Charles Kennedy for Oilprice.com
The number of rigs deployed to drill for naturalgas in the United States decreased over the last two years, according to stats from the U.S. naturalgas-directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. Energy Information Administration (EIA).
The European Union reduced its combined pipeline gas and LNG imports by 18% between 2021 and 2024, as consumption slumped by 20%, a gas flow tracking tool of the Institute for Energy Economics and Financial Analysis (IEEFA) showed on Wednesday. European energy-intensive
June 8, 2025 Europe’s energy landscape is transforming as the continent reduces its reliance on imported naturalgas. Following Russia’s 2022 invasion of Ukraine, the EU accelerated efforts to diversify gas supplies, launching the REPowerEU plan to phase out fossil fuels and other plans to reduce imports form Russia.
Image by Midnight Studio via iStock According to the Energy Institute’s (EI) latest statistical review of world energy, which was released recently, the world’s top naturalgas consumer in 2024 was the United States. exajoules of naturalgas last year, which represented a 1.3 naturalgas demand was 26.00
Throughout 2022, the weaponization of naturalgas supplies by Russia greatly aggravated the continents energy security, leading to a massive spike in gas prices. Three years ago, Europe suffered one of its biggest energy crises in modern history following Russias invasion of Ukraine.
communities to date; Consumer savings top $10 billion in 2024 PITTSBURGH, PA – June 23, 2025 – Pennsylvania’s naturalgas impact fee, the state’s tax on naturalgas development, generated $164.5 Naturalgas development remains a key economic driver in Pennsylvania. Nearly $3 billion generated for Pa.
Naturalgas utilities are well equipped to rise to the occasion and our nation boasts more than 100 years of recoverable naturalgas supply to meet rising demand. During peak demand (often in the harsh winters), naturalgas can supply as much as 81% of the energy consumed in the Northeast.
The $165 million generated by Pennsylvania’s naturalgas impact tax in 2024 demonstrates yet another way the state’s energy abundance is a win for residents and the Commonwealth. The naturalgas impact fee provides critical financial support to communities across Pennsylvania. Rossi said. Bradford Era: Annual Pa.
a company focused on providing naturalgas for transportation applications, says it sold 58.6 million gallons of renewable naturalgas (RNG) in Q2 2023, a 17.2% increase compared to Q2 2022. Clean Energy Fuels Corp.,
Europes naturalgas prices have declined in recent weeks after hitting a two-year high in February, easing concerns about the price Europe will have to pay this summer to prepare for the next winter. Prices have retreated since mid-February as the heating season and winter are coming to an end, and solar and wind
The first $25 million loan was completed in October 2022. Department of Agriculture (USDA) through […] The post Renewable NaturalGas Project Receives Additional Funcding appeared first on NGT News. The loan, guaranteed by the U.S.
The European Union (EU) has had to rethink and reconfigure major elements of its policies around naturalgas since Russia’s invasion of Ukraine in February 2022.
Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest naturalgas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported. volumes comprised 24 percent or 16.6
The race has been on between the worlds leading powers to secure as much of the globes current and future liquefied naturalgas (LNG) supplies ever since Russia invaded Ukraine on 24 February 2022.
Is this the beginning of the “running of the bulls” with respect to naturalgas traders? 30, 2022 (more than two years). According to a senior market analyst at the PRICE Futures Group, quite possibly. Yesterday the NYMEX Henry Hub “front month” futures price closed up 22.8 cents at $4.35/MMBtu—the
Hexagon Agility has received an order for Mobile Pipeline TITAN modules from RenewGas Transportation, a provider of complete turnkey transportation solutions for renewable naturalgas (RNG). million for delivery in Q4 2022 thru […]. These modules will be used to transport and deliver RNG derived from agricultural waste.
The Regional Transportation Commission of Southern Nevada (RTC) has exercised options for 24 Xcelsior compressed naturalgas (CNG) 60-foot, heavy-duty transit buses from New Flyer of America Inc.’s s backlog in Q4 2022.
In December 2022, the New Jersey Board of Public Utilities (BPU) approved permission for New Jersey NaturalGas (NJNG) to build a pipeline regulator station in Holmdel, New Jersey. It reduces pressure on the existing underground naturalgas pipelines in the area, which run underneath Holmdel Township and throughout.
Pennsylvanias economy moves on naturalgas and lawmakers must consider the fundamental role of this home-grown energy resource in policies going forward. Heres what he has shared: A Catalyst for Economic Growth Over the past decade, the naturalgas industry has been a transformative force in Pennsylvania.
The assets are 95% operated by best-in-class naturalgas operators EQT (NYSE: EQT), Range Resources (NYSE: RRC), and CNX Resources (NYSE: CNX), and have continued to perform above expectations since WhiteHawks initial acquisition of this position in March 2022. Herz, Chief Executive Officer of WhiteHawk.
This, since controversial leftist President Gustavo Petro took office in August 2022, has only accelerated. Petro, himself a former leftwing guerilla organizer, entered office opposed to Colombia’s hydrocarbon sector with plans to wean the country off its economic addiction to oil and naturalgas.
and QatarEnergy have made another naturalgas discovery in Block 10 offshore Cyprus, the presidential office said Monday. Seven years ago the partners found a gas-bearing reservoir about 436 feet in Glaucus-1. As of 2022, the best estimate of gas-in-place resources in the Glaucus discovery was 3.7
No one is willing to give away their naturalgas currently Norway does not consider as an auxiliary international economic aid to lower the price of naturalgas, statements by the first Norwegian, Jonas Gahr Støre, on his official visit to Sweden on Sunday, August 28, 2022.
Unitil Corporation, a provider of naturalgas and electricity delivery service to customers in New England, is continuing its transition to a sustainable fleet by adding more hybrid electric vehicles and launching a program to reduce vehicle idling time.
(BOE Report) – Global imports of liquefied naturalgas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia. Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of this year, up 1.7% from the 205.11
Energy Information Administration said last week the number of rigs deployed to drill for naturalgas declined over the last two years. naturalgas-directed rigs decreased 32 percent between December 2022 and December 2024. benchmark Henry Hub naturalgas price reached a 14-year high of $6.95
The outcome of a Russian claim against Shell for alleged unpaid naturalgas deliveries is uncertain, the supermajor said on Tuesday, adding that it is not possible to estimate the amounts of any possible payments and obligations.
In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire Net Power an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from naturalgas-fired power plants (see Dan Rice Buys.
The European Union has a non-binding goal to phase out imports of Russian naturalgas by 2027, but its unlikely to resort to a ban to achieve that indicative target. The EU is set to unveil on Tuesday a roadmap for phasing out Russian gasa pledge the bloc made in the aftermath of the Russian invasion of Ukraine in 2022.
Image by saiko3p via iStock Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s Socar, a move that will help diversify supplies in Europe’s tight market. of the European Union’s gas consumption in 2024. That’s equivalent to about 1.5 billion cubic meters per year, or about 0.5%
(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working naturalgas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line). Figure 9: U.S.
Written By Germán & Co The scramble for naturalgas resources has intensified markedly between Asia and Europe following Russia's incursion into Ukraine in February 2022. This military conflict has upended European gas markets and propelled energy prices to unprecedented levels.
The naturalgas industry plays a critical role in advancing a more efficient energy future, which is not only better for consumers but also better for the planet. Industry investments in technological advancement and energy efficiency programs help naturalgas utility customers cut emissions and costs at the same time.
flagged the possibility of higher oil and gas prices after the U.S. flagged the possibility of higher oil and gas prices after the U.S. flagged the possibility of higher oil and gas prices after the US struck Iran, even as the bank’s base-case outlook hinges on major disruptions to supplies from the region. struck Iran.
(BOE Report) – Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. naturalgas production and 500 barrels per day of U.S. naturalgas liquids production in the first quarter in response to weak prices. to be $2 per thousand cubic feet (Mcf) and $4.15
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