The LNG curse: a political blessing in disguise?
A looming glut of LNG will loosen global energy markets in the next few years. Might this ease UK energy bills in time for the next general election?
A looming glut of LNG will loosen global energy markets in the next few years. Might this ease UK energy bills in time for the next general election?
While there may be broad agreement on the potential benefit of liquefied natural gas in terms of reducing air pollutants, the impact of LNG in terms of greenhouse gas (GHG) emissions has clearly become a point of contention.
Ministers have been “misled” over the environmental impact of a proposed new gas-fired power station in Aberdeenshire, environmentalists have claimed.
The United Arab Emirates’ main oil company agreed to buy a 10% stake in a natural gas project in Mozambique, its second major deal this week as it seeks to expand the business globally.
Business organizations from the US, Europe and Japan called on the Biden administration to reverse a decision to freeze approvals of new licenses for liquefied natural gas export facilities.
Europe, long-reliant on Russian natural gas, has nearly severed its dependency on the Kremlin in less than two years. Its preferred replacement — gas from the US — is widely viewed as abundant, politically palatable and less likely to be choked off than pipelines from Siberia.
Rishi Sunak’s mooted plans to secure a new deal for US liquefied natural gas (LNG) are unlikely to make a big difference to existing supplies.
Carbon capture and storage (CCS) could have a “material impact” on the carbon emissions of liquefied natural gas (LNG) projects, according to analysts.
Energy services firm Aker Solutions has bagged a contract to carry out design work for a planned LNG terminal in India.
Chrysaor has handed in decommissioning plans for the Jupiter series of gas fields in the UK North Sea.
Engineering services firm McDermott International has won a contract to help deliver a major liquefied natural gas (LNG) project in Russia.
The shipping industry is waking up to the value of hybrid machinery systems for a variety of vessels.