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With much of the world’s attention focused on wind turbines, solar panels, and electric vehicles, natural gas has grown in importance as the backbone of modern energy systems. It fuels power plants, heats homes, drives industry, and—through liquefied natural gas (LNG)—connects continents.
For years, Russian gas was seen as the bedrock of Europe’s industrial competitiveness, reliable, abundant, and above all, cheap. This article reconsiders the myth of cheap Russian gas, showing that beyond the apparent price advantage, the continent paid a high price in terms of strategic exposure, political leverage, and security risks.
America’s natural gas utilities are working alongside state governments and businesses to deliver more energy to consumers, support manufacturing, and ensure reliable energy for data centers across the country. America’s domestic natural gas resources are abundant with more than 100 years of recoverable natural gas supply at our disposal.
With unique characteristics that insulate natural gas infrastructure from most major disturbances, customers rarely see service interruption, even if that customer is a large data center that consumes a lot of energy. If we want to get ahead in the race for AI dominance, then we need to lean on the reliability of natural gas.
(Investing) – A consortium led by ExxonMobil (NYSE: XOM ) has discovered a natural gas 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 For more information see our T&C.
Renewable natural gas (RNG) is a uniquely versatile form of renewable energy, possessing characteristics unmatched by any alternatives. RNG is produced from renewable sources including American farms, wastewater plants, landfills, and other sources of what would otherwise be greenhouse gas emissions. is 4,840 tBtu/year.
Excess flow valves can automatically stop the flow of gas if a meter is struck by a vehicle. Congress should support a hydrogen-natural gas blending R&D study. Hawai’i Gas has routinely and successfully used a 15% hydrogen blend for decades. Congress should strengthen criminal penalties for intentional damage to pipelines.
Image by frantic00 via iStock ADNOC Gas PLC on Tuesday said it had approved phase one of the Rich Gas Development (RGD) project in the United Arab Emirates and awarded $5 billion worth of contracts. ’s gas processing and sales arm said in an online statement. The bulk at $2.8
July 17, 2025 | Article Adam Barth   Clint Wood Maximilian Moosburger   Bobo Stankovikj Next-generation geothermal energy may soon be a cost-competitive way to fill the need for clean, firm power in the United States. In this article, we analyze the potential of the next-generation geothermal industry in the United States.
The Shale Revolution fundamentally transformed the American energy system, unlocking abundant reserves of natural gas. The natural gas boom this enabled hasn’t just transformed geopolitical maps. produces trillions of cubic feet of natural gas annually, with Americans using roughly 90.3
Potential disruptions in LNG flow could spike global gas and LNG prices. This article focuses on the following topics: Strait’s role in LNG trade. Main markets for Hormuz LNG exports. The growing importance of the Strait amid LNG expansion in the Arabian Gulf.
The journey of natural gas from the wellhead to our homes and businesses is fraught with challenges, not least of which is the presence of water vapor. This seemingly innocuous component can lead to a host of problems, including pipeline corrosion, hydrate formation that can obstruct flow, and a reduction in the heating value of the gas.
Image by Natalya Bosyak via iStock In an EBW Analytics Group report sent to Rigzone by the EBW team today, Eli Rubin, an energy analyst at the company, offered an explanation for the August natural gas contract price drop on Monday, which the report highlighted came in at 6.7 “The August contract dropped 24.0 cent, or 0.6
Image by Vadym Plysiuk via iStock In an EBW Analytics Group report sent to Rigzone by the EBW team on Friday, Eli Rubin, an energy analyst at the company, highlighted an “implosion over the past week” in the July natural gas contract. “The July natural gas contract rolled off the board at $3.261 yesterday - a 72.8¢
If you’re looking for a job that provides stability, room for advancement throughout your career, great pay, interesting and exciting responsibilities, and a mission of serving your community, you (or, for the parents, your young recent graduate) should set your eyes on your local natural gas utility. Are you great with technology?
America’s energy goals are only achievable through continued investment in innovation and infrastructure, particularly with our natural gas distribution system. Safety and efficiency improvements to natural gas infrastructure have helped the U.S. Natural gas utilities invest nearly $1.5
million from the University of British Columbia Okanagan and $800,000 from the Natural Sciences and Engineering Research Council of Canada, to help launch H2LAB, which will explore how hydrogen can be safely integrated into existing natural gas infrastructure. The utility has committed $500,000 in research funding, complemented by $2.3
Natural gas utilities are well equipped to rise to the occasion and our nation boasts more than 100 years of recoverable natural gas supply to meet rising demand. During peak demand (often in the harsh winters), natural gas can supply as much as 81% of the energy consumed in the Northeast. What does this mean?
Image by AlbertPego via iStock The United States displaced Russia as the European Union’s second-biggest natural gas 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
Image by McFranki via iStock In a statement posted on its site recently, the Texas Railroad Commission (RRC) revealed its latest preliminary crude oil and natural gas production figures. The RRC noted in the statement that crude oil and natural gas production for March came from 157,192 oil wells and 83,898 gas wells.
While natural gas is poised to play a critical role in the future of military aviation, its importance to our national defense today is already foundational. From emergency backup power at military installations to its essential role in defense manufacturing, natural gas fuels the daily operations that keep the U.S.
Image by Cylonphoto via iStock The European Commission has proposed legislation to stop the importation of natural gas, oil and oil products from Russia into the European Union by 2027, betting on global liquefied natural gas (LNG) and increased regional infrastructure interconnectivity. billion cubic meters (473.22
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%
Natural gas is a reliable partner in this care, helping keep costs lower and treatment available for those living with chronic disease. Energy Information Administration (EIA) show that 74% of hospitals use natural gas for space heating, and 80% of hospitals use natural gas for water heating. Survey data from the U.S.
Petronas said in a media release the event marked a significant milestone in Sabah’s energy growth with the official handover of the Sabah Gas Strategy, a project led jointly by Petronas and the state government. MORE FROM THIS AUTHOR Paul Anderson Writer OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. Oil comprises 75 percent and gas 25 percent, according to Equinor. It expects the project to start production 2029.
” Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Benefits include Access to locked videos & articles Downloadable white papers Full website access Register for free » Get started now for absolutely FREE, no credit card required.
million standard cubic meters a day of gas in June. million standard cubic meters a day of gas in June. million standard cubic meters a day (MMscmd) of natural gas in June, down for the fourth month in a row. million standard cubic meters a day (MMscmd) of natural gas in June, down for the fourth month in a row.
API 580, the global standard for Risk-Based Inspection (RBI), plays a vital role in enhancing safety, reliability, and efficiency in the oil and gas industry. In this article, we’ll dive into the fundamentals of API 580, its [.] The post API 580: Complete Guide to Risk Based Inspection appeared first on PetroSync Blog.
” Read the article online at: [link] You might also like Reusing produced water Friday 27 June 2025 12:00 Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates. Please sign in or register for free.
has extended its existing gas sale and purchase agreement with Oil India Ltd. million standard cubic feet per day) of natural gas will be supplied from OIL’s Bakhri Tibba Block of Rajasthan, which covers the Dandewala, Tanot and Bagi Tibba fields. GAIL also owns a liquefied natural gas (LNG) portfolio totaling 16.56
Natural Gas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS ADNOC's XRG Targets 20-25 MMtpa Gas Portfolio by 2035 by Jov Onsat | Rigzone Staff | Tuesday, June 10, 2025 | 4:15 AM EST XRG set a goal of building a top-five integrated gas and LNG business with a capacity of 20-25 MMtpa by 2035.
Collaboration is one of the many strengths for natural gas utilities. Share this article: Share this page on Twitter Share this page on Facebook Share this page on LinkedIn Email a link to this page The post Learning from Leaders – Mike Innocenzo appeared first on American Gas Association.
The company already owns a 103-MW solar plant under construction and a partially solarized network of 184 service stations, as well as operates natural gas distribution, in the Dominican Republic. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! All comments are subject to editorial review.
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
billion from local banks to procure winter gas for Ukraine. billion from local banks to procure winter gas for Ukraine. million) from local banks to procure winter gas for Ukraine. million) from local banks to procure winter gas for Ukraine. billion cubic feet) of gas, Naftogaz said separately at the time.
Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Will All Oil and Gas Companies Have to Adopt GenAI? Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Will All Oil and Gas Companies Have to Adopt GenAI?
million m3/d of gas, and a storage capacity of 2 million bbls of oil. Beyond its technical impact, the P-78 FPSO project is also a major contributor to the Brazilian oil and gas sector, supporting increased national oil production and generating thousands of local job opportunities. Please sign in or register for free.
Image by Alexey_Lesik via iStock TotalEnergies SE and CMA CGM Group on Wednesday announced an agreement to form a 50-50 venture to supply liquefied natural gas (LNG) fuel at the Port of Rotterdam, the Netherlands. TotalEnergies aims to increase the share of natural gas in its sales mix to nearly 50 percent by 2030.
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. As fields age, they generate higher water to oil ratios.
MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! There’s a reason 700K+ energy professionals have subscribed. 700K Industry Pros can’t be wrong.
gigawatt (GW) Bruce Mansfield Power Plant will be redeveloped from a coal-fired station into a natural gas-fired station, the Frontier Group of Companies (FGC) said Tuesday. FGC intends to award the gas supply contract to EQT Corp. National Fuel Gas Co. Image by Rangsarit Chaiyakun via iStock The decommissioned 2.7-gigawatt
Image by BrianAJackson via iStock Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! Otherwise, “we will be rendered irrelevant,” he said.
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