The first train of Iraq Basrah natural gas liquids plant (BNGL) which is being constructed by China Petroleum Engineering & Construction Corp (CPECC) was successfully put into operation, the company said in a statement. The project aims to increase capacity by 40% by adding a 400 million standard cubic feet per day (cf/d) greenfield gas […]
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Natural gas prices could dip below zero in Europe: Report
Natural gas prices in Europe are likely to plummet further on lackluster demand from power generation and industry. This downward trend has led traders and industry officials to consider the possibility of day-ahead prices dipping below zero in some European markets during the summer, according to a report by Oilprice. According to the report, several […]
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QatarEnergy announces major contract for world’s largest natural gas field
QatarEnergy has awarded a major contract to energy technology company Baker Hughes for the North Field, which is the world’s single largest non-associated natural gas field. Baker Hughes will supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project, which will be executed by Qatargas. The MRCs are part of two LNG […]
Posted inExploration & Production
Saudi Aramco discovers two natural gas fields in Dhahran
“The importance of these discoveries lies in strengthening the kingdom’s natural gas reserves..,”Energy Minister Prince Abdulaziz bin Salman said.
Posted inEnergy Transition
Renewables vs hydrocarbons: Where does natural gas stand?
The clearest case for switching from coal to gas comes when there is a possibility to use existing infrastructure to provide the same energy services
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ADNOC signs ‘landmark’ agreement to supply natural gas to Dubai
The agreement aligns with Dubai’s vision to become a carbon-neutral economy by 2050
Posted inEnergy Transition
Can natural gas strike a fair compromise as a “bridge” between fossil fuels and renewables?
The energy landscape is all about balance, which includes finding the balance between value and cost, safety and productivity, and on a wider level, supply and demand, which to an extent, natural gas can deliver
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Natural gas demand will increase 46% in 2050, GECF says in new report
Global demand will increase as natural gas and renewables lead the energy transition, the group said
Global natural gas demand will rise by 46% from 3,840 billion cubic metres (bcm) in 2020 to 5,625 bcm in 2050, the Gas Exporting Countries Forum (GECF) said in a report released Monday. The report, titled Global Gas Outlook 2050, also found that the Asia Pacific region, Middle East, and Africa would responsible for the […]
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Mitsubishi Power ships natural gas power plants to UAE
The plant will the the largest natural gas fired gas turbine combines cycle (GTCC) facility in the UAE
Mitsubishi Power announced Thursday that it had shipped three M701JAC gas turbines to the Fujairah F3 power plant in the UAE from its Takasago Machinery Works in Hyogo Prefecture. The plant will the the largest natural gas fired gas turbine combines cycle (GTCC) facility in the UAE. “This project is the first in the Middle […]
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Natural gas markets to see very volatile 2022
Europe is going into the winter with gas inventories at the lowest level in nearly a decade
Global natural gas prices are set for another year of volatility, following 18 months of swings from record lows to record highs. As natural gas demand started to rebound this summer amid depleted stocks in Asia and Europe following a long and cold winter, prices skyrocketed in the autumn to record highs. This forced gas-intensive […]