Gas

Fitch Ratings has trimmed its natural gas price forecasts both for the U.S. and European benchmarks on the back of “very large” market oversupply, Kallanish Energy reports. “Current prices in Europe and Asia rarely cover the half-cycle cash costs – that include variable operating costs and transport to Europe – …

The two stations are expected to serve more than 2,000 HGVs each day as consumers increasingly opt for the low carbon alternative to diesel.

The Trump administration made an exhaustive effort to try to wean Europe off of inexpensive, dependable Russian gas exports in recent years, pushing Brussels into a commitment to build new terminals for US liquefied natural gas (LNG) and, recently, trying to sabotage the construction of Nord Stream 2. Unfortunately, now …

The US will become the world’s leading exporter of liquefied natural gas (LNG) by 2025, says an analyst. LNG has grown in popularity over recent years, providing energy companies with a lower-carbon alternative to coal as they seek to reduce their emissions amid growing climate change pressure. Record production levels …

The first phase of a gas sweetening project has been launced at No. 3 Complex of Maroon Oil and Gas Production Company (MOGPC).

Platform 13C, the fourth and the last platform of phase 13 of Iran’s South Pars gas field’s development project was installed on its designated offshore spot on Saturday evening.

The platform had a 98% physical progress after completion of construction operations at SADRA Iran Marine Industrial Company industrial yard.

The last offshore platform of South Pars Gas Field phases 22-24 has become operational. increasing the giant reservoir’s production by 14 million cubic meters per day.

Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field.

Iran has successfully implemented the national waste-to-energy project in Kharg Island to curb the associated petroleum gas (APG) or flare gas of the petroleum products in the Persian Gulf oil and gas fields.