economics
IMI Critical Engineering completes first pilot test for green hydrogen generation
IMI Critical Engineering has successfully completed its first field test for the generation of green hydrogen using its new IMI VIVO polymer electrolyte membrane electrolyzer.
Monthly U.S. propane exports in March 2023 reach a record high
U.S. propane exports reached a record 1.7 million bpd in March 2023, the highest level since the EIA began collecting this data in 1973.
Roseville, California converts organic waste into renewable fuel for solid waste trucks
The City of Roseville, California has embarked on a groundbreaking initiative to decrease greenhouse gas emissions and minimize landfill waste by powering its trash and recycling fleet with renewable natural gas derived from the digestion of organic waste.
Bangladesh power cuts may last two more weeks on fuel shortages
Bangladesh could face power cuts for two more weeks, its power minister said, as higher electricity consumption because of rising temperatures has caused a fuel shortfall for generation plants.
Hungary buys 100 mcm of gas from Azerbaijan
Hungary's state-owned energy group MVM has agreed to buy 100 mcm of natural gas from Azerbaijan's state energy firm SOCAR, Hungarian Foreign Minister Peter Szijjarto said on his Facebook page.
U.S. natural gas futures jump 5% on low wind power forecasts, soaring global prices
U.S. natural gas futures soared 5% on forecasts for low wind power, warmer weather and higher air conditioning demand over the next two weeks than previously expected, rising exports to Mexico and a jump in global gas prices.
U.S. natural gas up 2% on forecast for more demand, record exports to Mexico
U.S. natural gas futures rose about 2% on forecasts for more demand over the next two weeks than previously expected and record exports to Mexico.
Russia's Taman port set to suspend LPG exports over drone danger
Russia's Black Sea port of Taman is poised to suspend exports of highly-explosive liquefied petroleum gas because of concerns linked to drone attacks.
U.S. LNG exports fall in May on lower output and changing demand trends
U.S. exports of liquefied natural gas fell in May to 7.66 million tons from a record 8.01 million tons in April as plant maintenance curbed some output and weaker prices in Europe cut flows to the region, shipping data showed.
Galp eyes final decision on green hydrogen plant this year
Portugal's oil company Galp hopes to take the final investment decision on its first 100-megawatt green hydrogen unit by year-end, but still needs to clarify some regulatory and tax issues, a company official said.
Germany, EU to combine funding schemes to boost green hydrogen
Germany wants to combine its H2Global funding scheme to support green hydrogen with the new European Hydrogen Bank, the economy ministry said in a statement.
Trinidad asks U.S. for changes to Venezuela gas project license
Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said.
Asian spot LNG prices slip for sixth straight week
Asian spot LNG prices fell for the sixth straight week to their lowest level in more than two years, while European LNG prices also declined on weak demand and high inventories.
U.S. natgas futures drop 4% on record output ahead of storage report
U.S. natural gas futures dropped about 4% on record U.S. output and rising exports from Canada.
Equinor says leak at Hammerfest LNG plant stopped
A gas leak at Norway's Hammerfest liquefied natural gas plant has been stopped and normalization is underway, but it is too soon to say when production will resume, Equinor said.
Russia's Sibur switches to yuan for LPG settlements with China
Sibur, Russia's largest LPG exporter, in 2022 switched fully to conducting financial settlements with China in yuan, Russia's state news agency cited a top manager at the company as saying.
FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion
Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California into service.
Tanzania to review approval of $42-B LNG project in June
Tanzania's government said it had completed negotiations with the investors of its $42-B liquefied natural gas project, with the agreements set to be reviewed for approval next month.
U.S. natgas futures up 2% to 1-week high with warmer weather coming
U.S. natural gas futures rose about 2% to a one-week high on forecasts for warmer than normal weather in mid June that should boost air conditioning demand.
TotalEnergies and TES join forces to develop a large-scale e-NG production unit
Tree Energy Solutions is joining forces with TotalEnergies to study and develop a large-scale production unit in the United States for e-natural gas (e-NG), a synthetic gas produced from renewable hydrogen and CO2.
Eastward gas flows halt on Yamal-Europe pipeline
Eastward natural gas flows on the Yamal-Europe pipeline to Poland from Germany stopped after briefly resuming, data from operator Gascade showed.
Plug Power plans $6-B hydrogen projects in Finland
Plug Power Inc, a U.S. maker of hydrogen fuel systems, said it aims to build three plants in Finland costing some $6 B to produce green hydrogen and ammonia for the European market.
QatarEnergy to sign long-term LNG supply deal with Bangladesh
QatarEnergy will sign a long-term LNG supply deal with Bangladesh's state-owned gas company Petrobangla, the second Asian sales deal to be sealed for Qatar's North Field expansion project.
U.S. natgas futures drop 4% on record U.S. output, lower demand forecast
U.S. natural gas futures dropped about 4% on record U.S. output and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected.
Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline
U.S. energy company Equitrans Midstream Corp's long-delayed $6.6-B Mountain Valley natural gas pipeline could win federal approval as part of Washington's debt limit deal.
Cyprus wants shipping corridor to export natgas
Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers.
Iraq says Iran blames reduced gas exports on 'technical' matter
Iran's foreign minister told his Iraqi counterpart that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.
Mexico energy regulator gives natural gas 'clean' label, drawing criticism
A move by Mexico's energy regulator to declare some natural gas-fired power as "clean" drew criticism from environmental groups that say the change will not help the country reach its clean energy targets.
Venezuela, Trinidad to meet again in June to discuss Dragon gas project
Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.
MOL Group signs acquisition of Szarvas Biogas Plant
MOL Group has agreed on a deal with BayWa AG on the purchase of Szarvas Biogas Plant, a waste processing plant using organic wastes to produce electricity and heat through cogeneration with a peak electric power capacity of around 4 megawatts.
