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Texas is pumping naturalgas out of the ground and exporting it at a record pace. It may only be the start of another energy boom for the Lone Star State because naturalgas demand is growing both globally and at home. Texas produced 34.1
As the European Union seeks to end its dependency on Russian energy, the European Commission is set to propose this week a ban on new contracts for naturalgas supply with Russia on the basis of trade law, which needs a majority vote approval instead of a unanimous EU call. Hungary and…
The Shell-led LNG Canada project has produced the first liquefied naturalgas for export from its facility in Kitimat, British Columbia, two people familiar with the startup of the plant told Reuters on Sunday. “At 4 a.m. local time LNG Canada started producing its first LNG,” one of the sources told Reuters.
Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW naturalgas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers. The post Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant appeared first on POWER Magazine.
When you flip a light switch or power up your laptop, you’re tapping into a massive network of energy production—and there’s a good chance naturalgas played a part. In fact, naturalgas is one of the leading sources of electricity in the United States. Why NaturalGas?
Naturalgas keeps the lights on, heats homes and fuels local jobs across the Philadelphia region. The bottom line is that naturalgas is essential to the very quality of our life. And naturalgas continues to deliver exactly that. trillion cubic feet of gas a year out of Pennsylvania,” noted Jim Welty. “We
Canada could produce its first-ever liquefied naturalgas (LNG) for export from the Pacific coast as early as this weekend, according to industry sources familiar with project timelines cited by Reuters.
An India-based company said it has started commercial operation of a 1,200-MW naturalgas-fired power plant in Malaysia, part of a buildout of power generation capacity as that country's population grows and its economy expands. GW Gas-Fired Plant in Malaysia appeared first on POWER Magazine.
Madrid-headquartered Redexis announced has begun injecting hydrogen produced with renewable energy into the country’s natural […] The post Spanish Group Injecting Hydrogen Into NaturalGas Network appeared first on POWER Magazine.
The theme of this years financial forum: naturalgas is fueling the moment, declared AGA VP, Membership and Strategic Development Edith Naegele at AGAs 2025 Financial Forum in Marco Island last week. Energy is nearly 7% of GDP, but it impacts 100%, said Lloyd Yates. Energy flows through everything.
A major Pennsylvania coal-fired power plant, the largest coal-burning facility in the state before it was closed in 2023, may be converted to a naturalgas-fired station. Officials in Homer […] The post Largest Pennsylvania Coal-Fired Plant Will Convert to NaturalGas appeared first on POWER Magazine.
Europes benchmark naturalgas prices rose early on Thursday as the maintenance season on gas infrastructure in Norway, the top supplier to Europe, began. Dutch TTF NaturalGas Futures, the benchmark for Europes gas trading, were rising by 2% as of 12:15 p.m. Amsterdam time on Thursday.
Mexico is ramping up its use of naturalgas for power generation, with several plants coming online in recent years, and at least 10 more (Table 1) expected to come online this year, next year, or in 2026. The The post Mexico Increases Reliance on NaturalGas to Support Electricity Demand appeared first on POWER Magazine.
who is now a senior policy advisor for the law firm Van Ness Feldman and co-chair of the Natural Allies Leadership Council, is keen […] The post Landrieu: NaturalGas Is ‘Not the Enemy, It Is Part of the Solution’ to Achieving Climate Goals appeared first on POWER Magazine. Mary Landrieu (D-La.),
ExxonMobils eighth oil project offshore Guyana will also be the biggest naturalgas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5
Chinas biggest state-held energy firms are following the demand trends in the worlds top crude oil and naturalgas importer. But naturalgas demand is only going up, and its expected to continue growing for decades.
Data centers and liquefied naturalgas exports are set to keep naturalgas demand in the United States at a record high this year and next, energy executives said at CERAweek. Infrastructure shortages, however, could make growth problematic.
On June 18, FERC took several actions to remove regulatory obstacles and therefore speed up the construction of needed naturalgas infrastructure projects in the United States. Recent actions taken by the Federal Energy Regulatory Commission (FERC) appear to be quite significant, yet it has not received any media attention.
Qatar is set to supply Syria with naturalgas via Jordan with Washington's approval, Reuters has reported. The gas would be transferred from Jordan via a pipeline to the Deir Ali power plant in southern Syria, where it could boost power supply by up to 400 megawatts.
Unfortunately for the dogmatists, much of the blame lies with the price of naturalgas, or more to the point, the way the price of naturalgas sets all electricity prices in British electricity customers are also unhappy with their price increases. Another excuse to see them gone.
BP approved on Thursday the development of the Ginger naturalgas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027.
The post Stalinist NY Bill Would End NaturalGas for Homes and Businesses first appeared on Marcellus Drilling News. He established the totalitarian political system known as Stalinism, which forcibly purged society of what it saw as threats to itself and its brand of communism. We think Stalinism is an apt description.
Energy Generation by Source, 1950–2024 As seen in the video above, naturalgas has experienced the most significant growth—rising from just 6.2 Energy Information Administration to illustrate how the country’s energy generation landscape has evolved since 1950. quadrillion BTUs in 1950 to 39.2
The NYMEX naturalgas “front month” futures contract (currently the April contract) closed at its highest level yesterday since Dec. The post NYMEX NaturalGas Price Hits Two-Year High of $4.491/MMBtu first appeared on Marcellus Drilling News. That was a gain of 9.2 cents from Friday’s close.
Naturalgas-fired generation and its share in the… Despite the lowest coal prices in Asia in four years, India’s coal power generation dipped in May to the lowest since the Covid lockdowns of 2020, as a lack of heatwaves and soaring renewable energy installations and generation pushed down coal demand in the electricity sector.
BP expects to post a weak naturalgas trading result for the first quarter, as well as lower gas output, as the UK-based supermajor is resetting its strategy back to core oil and gas operations.
Russia expects its naturalgas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday.
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
Mexico is considering expanding domestic fracking in a bid to reduce its high dependence on naturalgas imports from the United States amid tense trade and tariff relations, the Financial Times reported on Tuesday, quoting private sector executives. But more than 70% of Mexicos naturalgas and Mexico.
In yesterday’s MDN post about the spike in the NYMEX futures price for naturalgas, MDN told you that traders were targeting the next significant trading target to be $3.84/MMBtu MMBtu (see Hot Weather Forecast Prompts NYMEX to Close Up 17 Cents @ $3.75). And guess what? We hit it yesterday, closing at $3.851/MMBtu (up 10.3.
Despite European politicians' efforts to reduce Russia's naturalgas dominance in national markets, the reality is quite the opposite. According to Reuters, Gazproms naturalgas pipeline supplies via Turkstream to Europe surged 10.3% in May 2025.
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.
But a new breakthrough in hydrogen harvesting could put the sector back on track for major industry disruption. Green hydrogen is lauded as a potential game-changer for clean energy because it can be combusted at high heat like fossil fuels to power sectors like steelmaking, shipping, and transport.
naturalgas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday…
TG Natural Resources has agreed to buy 70% of Chevrons naturalgas assets in East Texas for $525 million, as the company indirectly owned by Japans Tokyo Gas and Castleton Commodities International expands its footprint in the Haynesville shale gas play.
A Kentucky electric cooperative plans to build new naturalgas-fired units, and convert some of its coal-fired units to burn naturalgas, as part of an expansion of its power […] The post Kentucky Utility Plans New Gas-Fired Units, Coal-to-Gas Conversion, and Solar Farms appeared first on POWER Magazine.
billion contract to a Spanish-Egyptian joint venture to build a large-scale 3 gigawatts (GW) combined cycle gas-fired power plant in the Eastern Province of the Kingdom, the Egyptian contractor said on Monday. Saudi Arabia has awarded a $2.6-billion
Floods, tornadoes and tropical storms can all disrupt the delivery of essential energy services but some types of energy are far more resilient than others against natural disasters. Homeowners who rely on naturalgas can trust that their energy supply will remain uninterrupted, no matter the weather.
Turkey is boosting domestic naturalgas production in its Black Sea waters and is looking to expand its international partnerships in oil and gas exploration in Bulgarias Black Sea, in the Caspian Sea region, and in Iraq, Turkish Energy and Natural Resources Minister, Alparslan Bayraktar, said on Monday.
For untold millions of those businesses, naturalgas is the difference between thriving and struggling to make a profit. The low cost of naturalgas has saved American commercial and industrial customers half a trillion dollars in the past decade. These savings can take many forms for small businesses.
(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
These responses, authored by MSC President Jim Welty, push back on misleading claims and offer a reality check on the critical role naturalgas continues to play in delivering environmental progress, energy security and economic growth for Pennsylvania. If the Commonwealth’s largest newspapers won’t publish our perspective, we will.
Environmental Protection Agency (EPA) will drop requirements covering existing naturalgas-fired power plants in its final Section 111 rule regulating power sector greenhouse gas (GHG) emissions, which is […] The post EPA Drops Existing Gas-Fired Plants from Contentious Power Plant GHG Rule appeared first on POWER Magazine.
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