Shell CFO on UK ‘exploration ban’ proposal and North Sea Transition Deal
The chief financial officer (CFO) of Shell has cautioned that a ban on UK oil and gas exploration would mean “trade-offs” for the energy system.
Natural Gas
Texas oil group vows to limit flaring as state signals crackdown
A coalition of Texas oil industry groups is pledging to end routine flaring of natural gas from wells and other facilities by 2030 amid signs that state regulators may crack down on the controversial practice.
Russia pushes ahead with Nord Stream 2 before US sanctions
Russia is stepping up work on the Nord Stream 2 pipeline before the US tightens sanctions against the controversial project designed to feed more natural gas into Germany.
Big oil pays for past bets on fossil fuels With $70 billion hit
Exxon Mobil Corp.’s impending writedown of natural gas fields rounds out a record year for Big Oil chargeoffs stemming from misplaced optimism on the future of fossil fuels.
Shell and Unite clash over contractor job cuts at St Fergus and Mossmorran
Shell and Unite have clashed over the number of job cuts, and purported safety concerns, at the St Fergus Gas Terminal and Mossmorran plant.
Dolphyn hydrogen project shows energy transition ‘in real time’ for Aberdeen
When developer ERM decided Aberdeen would be the home for Dolphyn, its world-first floating green hydrogen project, it said “it will put Aberdeen on the map”.
Hydrogen could ‘replace’ natural gas to heat homes, report claims
Hydrogen has the potential to replace natural gas as a heat source in homes across the UK, according to a new report.
Wood wins £26million pipeline contract
Aberdeen-headquartered Wood has won a £26million contract to construct a natural gas pipeline in the United States,
Methane leakage is putting long term role for natural gas at risk
As the Energy Institute (EI) becomes a supporting organisation to the Methane Guiding Principles, Chief Executive Louise Kingham OBE FEI explains why she wants to see CH4 discussed alongside CO2 at next week’s IP Week conference.
Natural gas-fired power plants to set near record this summer
Natural gas-fired power plants are expected to supply 37 percent of the US's electricity generation this summer, near the record set two years ago, the Energy Department reported Wednesday.
Gas to overtake oil as world’s primary energy source, say DNV GL
A majority of energy firms expect to see "increased investment" in gas over future oil exploration, a survey by a technical advisory company to the to the sector revealed today.
Liam Fox hails new £1.5 billion natural gas trade deal
International Trade Secretary Liam Fox has hailed a string of deals by UK companies with countries around the world, including a natural gas project worth more than £1.5 billion in Cameroon.
UK gas sees surge after explosion in Austria tightens supply
U.K. natural gas prices jumped the most in more than eight years after an explosion at one of Europe’s biggest supply hubs threatened to curb flows during a cold snap.
Appalachia is driving growth in US natural gas
An increase in natural gas production in the American region of Appalachia is driving overall US natural gas production.
China is about to do for global gas demand what it did for oil
China is in a “golden age” for natural gas that will make it the world’s biggest user of the fuel sometime between 2040 and 2050, according to analysts at Sanford C. Bernstein & Co.
Harvey fallout exposes Mexico’s reliance on US natural gas
Hurricane Harvey’s crushing blow to the U.S. energy industry reveals just how dependent Mexico has become on natural gas from its northern neighbor.
As global gas demand rises, America is open for business
The US looks set to become a global gas giant as demand increases from developing countries and across industrial sectors over the next five years, according to a new report.
Shell seeks gas converts among Indian textile, cement plants
Royal Dutch Shell Plc is turning to India’s textile, cement and steel factories as it seeks to expand demand for its natural gas.
US has highest weekly rig increase in t two years
The US has posted the highest weekly natural gas rig count in two years, according to Baker Hughes.
Victoria Oil and Gas ramps up production 93% in first half
Africa-focused firm Victoria Oil and Gas enjoyed a 93% rise in daily production in the first half of 2016, while sales were up 50%.
Noble and partners receive Leviathan go-ahead
Israel has approved the development of the $5billion Leviathan natural gas field which is set to give Israel a second source of gas supply and turn it into a gas exporter.
Video: Islamic State Militants attack natural gas plant near Baghdad
Islamic State militants have attacked a state-run natural gas plant outside Baghdad, killing at least 14 people, officials said.
US natural gas production reaches record high
US natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015, an increase of 5% from the previous year, even as natural gas prices remained relatively low.
Delek results boosted by natural gas sales
Israeli energy company Delek Group swung to a profit in the fourth quarter, boosted by higher natural gas sales and a rise in finance income.
China’s ENN takes $0.75billion Santos stake
Chinese gas distributor ENN has bought a $750 million stake in Australian gas producer Santos as it attempts to ease its dependence on state-owned suppliers for supply.