According to sources, Cyprus is considering ending its gas import monopoly to avoid project delays NICOSIA, August 29 (Reuters) – Several industry sources told Reuters that Cyprus wants to end the state monopoly on natural gas imports in order to quickly find a solution to significant project delays in bringing the raw material to market. […]
According to a study published on August 27 by the International Gas Union, Rystad Energy and the Italian midstream company Snam, global natural gas supply will fall 22 percent short of global demand by 2030. Global gas demand rose 1.5 percent in 2023 and is expected to rise 2.1 percent in 2024, the report said. […]
Ohio Weekly News Recap: The Columbus Dispatch’s Top Headlines Here are some stories you may have missed on Dispatch.com and in the print edition of the Columbus Dispatch. Gahanna-Lincoln High School students went home early Tuesday after a construction crew from a nearby construction site damaged a gas line. Mifflin Township Fire Chief Brian Dunlevy […]
The Deep Sea No 1 gas field is located 150 kilometers off the island of Hainan. (Photo/Xinhua) The second phase of natural gas drilling by Deep Sea No. 1, the world’s first 100,000 tonne semi-submersible deepwater oil production and storage platform, has been completed. For over a decade, China has been stepping up its search […]
Dominion Energy decided last week to build its planned natural gas power plant at its former Chesterfield coal-fired power plant in Chesterfield County rather than at a completely new site, but community concerns remain. In a statement, Dominion spokesman Jeremy Slayton said the utility made the decision to relocate the Chesterfield Energy Reliability Center from […]
Norway’s gas exports have soared so far this year. So much so that they are on track to break historic records, with pipeline deliveries to Europe up 10% year-on-year. This year’s increase follows the lull in 2023 and makes Norway Europe’s leading gas supplier after Russian exports fell following the invasion of Ukraine. Gassco, Norway’s […]
The leader of a local group opposing solar power admitted to Ohio regulators last week that a well-connected natural gas industry executive was among the group’s biggest donors. The testimony of Jared Yost, founder of Knox Smart Development, offered the most comprehensive insight yet into the group’s ties to fossil fuel industry interests, disproving its […]
The US Department of Energy’s weekly inventory release showed that natural gas inventories rose more than expected. The pessimistic inventory numbers, along with supply and weather headwinds, impacted natural gas futures, which closed with losses week after week. In fact, the commodity is currently trading around the low $2 mark. Given that the space remains […]
OMV (Norge) AS, operator of PL 1194, completes drilling in the Norwegian Sea for the “Haydn/Monn” exploration areas. The well encountered gas with an estimated total recoverable volume of 30 to 140 million barrels of oil equivalent (boe). “By focusing on gas as a transition fuel, OMV is investing in affordable energy solutions and contributing […]
New Zealand wants to enforce law to lift ban on oil and gas production 26 August (Reuters) – New Zealand said on Monday it would pass legislation by the end of the year to lift a ban on offshore oil and gas production and take urgent steps to remove regulatory hurdles to importing liquefied natural […]
