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Rising demand for naturalgas in the United States and a supportive administration are prompting U.S. naturalgas producers and pipeline giants to begin to actively consider proposing new pipelines to bring more gas supply from America’s top gas-producing region, Appalachia, to consumers. “We
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
Shell and its partners have started up two subsea compressors to boost the recovery rate at the Ormen Lange naturalgas field in the Norwegian Sea, the UK-based supermajor, which operates the field, said on Friday. Shell expects the compression stations to raise the gas recovery rate to 85% from the current 75%.
Russia’s naturalgas exports to Europe via pipeline and LNG cargoes declined in the first half of 2025 from a year earlier as flows via Ukraine stopped and some buyers shunned Russian LNG. Total gas exports from Russia to Europe nearly halved to 8.33 billion cubic meters in the period January to June 2025, down from 15.5
Russia’s government is weighing the possibility of some tax relief for the giant gas firm Gazprom, which would be paid for by potentially higher taxes on other Russian naturalgas producers, a source in the Russian government told Reuters on Monday. Gazprom has been bleeding cash since it cut off most of its pipeline gas deliveries to Europe in (..)
Naturalgas prices have increased 93 percent over the last decade, while electricity costs have risen 65 percent. A new poll of registered Massachusetts voters shows they are fed up with the liberal policies of the Democrats running the state when it comes to the sky-high cost of energy. For many families, energy bills now.
Shell expects to have booked “significantly lower” trading and optimization results for the second quarter compared to the prior quarter, while it also slightly reduced the range of its naturalgas and LNG production for the April-June period.
As LNG Canada shipped its first LNG cargo from the newly completed facility in Kitimat, on the northwest coast of British Columbia, activity is ramping up on the East Coast especially offshore naturalgas.
The European Parliament approved on Tuesday eased rules and targets for naturalgas storage refills in the EU in a move aimed at preventing price spikes. Earlier this year, the EU member states agreed to ease the bloc’s naturalgas storage targets by allowing a 10 percentage point deviation in the 90% full storage goal.
The NYMEX “front month” futures contract for naturalgas (August contract) slid lower yesterday for a second day in a row. The price dropped 12.6 cents per million British thermal units (MMBtus), or nearly 4%, to $3.214 yesterday. The price was down 19.8 cents (nearly 6%) over the past two days. According to one analyst.
Senior Russian and Chinese officials have discussed LNG and pipeline gas supply from Russia to China and cooperation in joint energy projects, the Russian Energy Ministry said this week. China has become a top buyer of Russian energy since the Kremlin’s war in Ukraine cut off most of Russia’s oil, gas, and coal…
Naturalgas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. Let’s explore where naturalgas is found, both on a global scale and right here in the U.S. NaturalGas in the U.S.
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.
naturalgas consumption set new winter and summer consumption records in 2024, highlighting the growing importance of naturalgas in the global energy mix. Record-Breaking NaturalGas Consumption and Production According to the latest EIA data,
An Ohio town known as a hub for the burgeoning data center industry may soon have one or more new naturalgas-fired power plants to support the area's need for energy. The post More NaturalGas-Fired Plants Planned to Support Ohio Data Centers appeared first on POWER Magazine.
oil production continues, rallying naturalgas prices are setting the stage for a rebound in Americas gas output this year, following months of output curtailments in 2024. naturalgas prices above the $4 per million British thermal units (MMBtu) level, up by 160% in one year. While the slowdown in U.S.
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. Naturalgas has also been a key driver of environmental progress.
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.
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 naturalgas utility. Are you great with technology?
With strong government backing and billions of dollars at their disposal, Middle Eastern oil giants are aggressively expanding into the global liquefied naturalgas (LNG) market, aiming to nearly double their LNG capacity within the next decade. Companies like Saudi Aramco, Abu Dhabi National Oil Co.
naturalgas prices fell by 6% on Friday morning amid the overall panic market selling, but the benchmark Henry Hub price was declining less than the WTI Crude prices, which sank by more than 8% to hit a low of $61 per barrel. The benchmark price for U.S.
Iran is boosting naturalgas production from Phase 11 of the giant South Pars field after bringing online a key new well, Iranian media reported on Tuesday. Thus, the total naturalgas output at the giant South Pars field has reached 20 mcm/d.
Australias Woodside Energy, the developer of the Louisiana LNG export project, expects global naturalgas demand to jump by 50% by the end of the decade, chief executive Meg ONeill said at an industry conference on Tuesday.
As early as 2020, the Chinese state-owned naturalgas giant Gas Holdings Ltd. was using artificial intelligence to more accurately predict complex and dynamic shifts in naturalgas demand.…
A few days ago, Russia offered to supply liquefied naturalgas to the United States’ neighbor, Mexico. Now it was offering to share its liquefied naturalgas technologies… Via Metal Miner Amidst the tariff wars, are we about to see the birth of new energy dynamics in the Americas?
Frankly, they are points we’ve made here on MDN a number of times—how naturalgas is critical to the Empire State. The op-ed points out that naturalgas powers. We spotted an op-ed appearing in the Lower Hudson Valley area of New York State (just north of New York City) that makes some great points.
Europe has accelerated its purchases of liquefied naturalgas to refill its storage caverns for the winter, and once again, this has driven prices higher, sapping demand in Asia. Naturalgas in storage in the European Union is currently at 58.90% of capacity.
Officials in Pennsylvania have announced the redevelopment of a former coal-fired power plant site into a data center campus that will be powered by naturalgas, in what they call […] The post Nation’s Largest Gas-Fired Plant Planned at Former Pennsylvania Coal Plant Site appeared first on POWER Magazine.
Previously, we reported that naturalgas at the Waha hub was selling for near-zero or sub-zero prices for much of 2024 thanks in large part to excess naturalgas production in the Permian Basin coupled with limited takeaway capacity due to a shortage of gas pipelines.
India is looking to strengthen its domestic oil and gas exploration and supply with the biggest-ever acreage up for grabs under the Open Acreage Licensing Programme (OALP) Round X. India’s energy journey offers engagement opportunities with Indian companies across multiple areas, including joint participation…
Executives pointed to declines in both oil and gas production, with the oil production index falling to -8.9 and the naturalgas production index to -4.5, The survey’s headline business activity index dropped from 3.8 in Q1 to -8.1, marking a return to negative territory.
electricity networks, with power utilities focusing more on building out capacity from naturalgas plants and renewable energy sources. For years, battery systems have only played a marginal role in U.S.
The government of Cyprus has confirmed a new naturalgas discovery in the Pegasus-1 well located in Block 10, operated by ExxonMobil and its partner QatarEnergy. The well intersected approximately 350 meters of gas-bearing reservoir at a depth of 1.9 kilometers, according to government spokesperson Konstantinos Letymbiotis.
So far in July, European naturalgas markets have seen the lowest volatility in prices since 2021, but as summer temperatures peak in the coming weeks, demand is expected to rise, and so will the benchmark gas prices.
Maryland lawmakers have introduced a bill in the state legislature that sponsors say would provide an easier path to build new power plants, including naturalgas-fired facilities, and lower utility bills for ratepayers as part of the process.
1 naturalgas project in the South China Sea, boosting domestic output by 4.5 The project, China’s largest deepwater gas development to date, officially reached full capacity on June 26, according to CNOOC officials cited by China Daily. billion cubic meters (bcm) per year.
A tanker that is set to carry Canada’s first cargoes of liquefied naturalgas across the Pacific to Asian markets is docked at LNG Canada’s berth in Kitimat, B.C. A spokesperson for the project says the GasLog Glasgow is being loaded with LNG produced in B.C.
Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied naturalgas (LNG) from the U.S.-based based Commonwealth LNG terminal in Cameron, Louisiana, according to an exclusive Reuters reported on Wednesday.
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.
naturalgas decreased 12.6% naturalgas reserves. Energy Information Administration (EIA) analyzed proved reserves data for 2023 (the most recent year available) and determined that proved reserves of U.S. year over year, from 691.0 trillion cubic feet (Tcf) to 603.6 This was the first annual decrease in U.S.
Many thought that green hydrogen would be a silver bullet for decarbonization, particularly in hard-to-abate industries. But the green hydrogen revolution has not yet materialized as the fuels production remains expensive and economically inefficient.
The American Gas Association’s 2025 Energy Institute Statistical Review of World Energy was published on June 26, 2025, covering full-year 2024 data on global energy and emissions statistics. Nearly 87% of global.
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.
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