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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243
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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. —Secretary General Sentyurin.

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GE, Rosneft to pursue opportunities in Russia’s oil and gas industry, including Arctic offshore

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GE and OJSC Rosneft signed a memorandum of understanding (MOU) that lays the foundation for the two companies jointly to evaluate and develop commercial opportunities in oil and gas exploration and production in the Russian Federation. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria.

Oil 231
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Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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A lifecycle study by consultancy thinkstep, commissioned by SEALNG and SGMF, has found that greenhouse gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels, over the entire life-cycle from Well-to-Wake (WtW).

Mariner 220
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SEAT to introduce 500 km MEB-based EV, Leon PHEV in 2020

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In addition, the brand will remain committed to vehicles powered with compressed natural gas (CNG) as well as internal combustion engines. With the Arona TGI we are launching this year we will have the only SUV in the world powered with natural gas. —Luca de Meo. From 2013 to 2017, SEAT invested more than €3.3 billion (US$4.1

2020 239
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Sonangol, Maersk Oil and partners strike oil with their first deepwater pre-salt well offshore Angola

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Maersk Oil is an international oil and gas company with operated production of about 650,000 barrels of oil equivalent per day offshore Denmark, UK and Qatar, as well as onshore Kazakhstan and Algeria. Three exploration wells are planned for 2012 and 2013 for Blocks 8 and 23.

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Opinion: How Much Longer Can OPEC Hold Out?

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Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC. As per its state run oil company PDVSA, the country loses about $700 million a year with every $1 drop in the international oil price. Venezuela’s Woes. Nigeria’s dilemma.