French supermajor TotalEnergies was forced to shut down a unit at its 225,000-barrels-per-day refinery at Port Arthur in Texas due to a leaky pump, adding to other refinery outages that have pushed U.S. gasoline prices higher in recent days alongside the rise in crude oil prices. Total’s U.S. unit of …
Read More »EIA: Qatar Natural Gas Production and Exports Stabilise
Qatar’s government plans to increase LNG export capacity and natural gas production through a major expansion in the North Field, Qatar, is expected to be completed by 2028. Expanded North Field natural gas production is expected to offset declines from mature fields and will increase overall natural gas output in …
Read More »Europe’s Manufacturers are Struggling to Shift away from Gas
In Stoke-on-Trent, three hours north of London, traditional English potteries were among the businesses hit hard by soaring energy prices last year. Scrambling to protect their key industries, Britain and other parts of Europe quickly devised plans to keep energy-intensive manufacturers afloat, and pledged to push harder to develop alternatives …
Read More »Iran to Pursue Own Rights, Interests in Arash Gas Field
Iranian Minister of Petroleum Javad Owji stressed that the Islamic Republic of Iran always supports the amicable settlement of border and maritime disputes, including those over the Persian Gulf Arash gas field with its neighbors. Owji made the comments on the sidelines of a meeting to review plans and projects …
Read More »Germany’s Largest Bio-LNG Plant Ready for Launch
Germany’s largest integrated Bio-liquefied natural gas (Bio-LNG) is set to begin production after the successful completion of conversion and assembly work at the BioEnergie Park Güstrow in Mecklenburg-Western Pomerania. The work involved project operator EnviTec Biogas connecting a 300,000-litre liquefied carbon dioxide (LCO2) tank to the plant. The raw biogas …
Read More »European Gas Prices Extend Jump as Outages Tighten Supply
European natural gas prices rose for a fifth day, the longest streak since April, as outages tighten global supply while heat blankets parts of the region. Benchmark futures advanced as much as 5.2% on Wednesday, signaling that a bullish trend is taking hold after prices slipped in the first half …
Read More »Iraq to Fully Take Advantage of Associated Gas by 2030
The Undersecretary of the Iraqi Oil Ministry, Basim Mohammed Khudair, stated on Saturday that Iraq will benefit from all available associated gas and achieve self-sufficiency in gas by 2030, the Iraqi News Agency (INA) reported. Khudair also indicated that foreign companies expressed their desire to invest in associated gas-related projects. …
Read More »China Starts Drilling for Natural Gas 6 Miles Underground
China National Petroleum Corporation (CNPC) has started drilling an ultra-deep well with a designed depth of 10,520 meters (6.5 miles) in the Sichuan province, news agency Xinhua reports. The ultra-deep well is targeting natural gas and is located in the northwest of the Sichuan Basin. There are multiple sets of …
Read More »European Gas Falls on Norway Flows with Bearish Mood Picking up
European natural gas declined as recovering fuel flows from Norway eased supply concerns, with investors becoming more bearish again. Benchmark Dutch futures fell as much as 6.2% with Norwegian supplies rising back to April levels early on Thursday, according to grid data. Shipments from the Nordic country, Europe’s top gas …
Read More »LNG Buyers Worry Australia Policies may Limit Exports, Woodside Says
Australia’s liquefied natural gas buyers fear that recent policy changes to safeguard domestic resources and reduce emissions could limit exports, according to the nation’s top seller. LNG buyers, including Japanese companies, told Woodside Energy Group Ltd. earlier this month that they are worried about future supply, said Chief Executive Officer …
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