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. —Ashish Sethia, global head of commodities at BNEF.

2020 222

Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

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The combination of these two complementary portfolios will allow the Group to manage an overall volume of around 40 million tonnes of LNG per year by 2020, making Total the second largest global player among the majors with a worldwide market share of 10%. Overall, combining its interests in liquefaction plants and its portfolio of third party supply contracts, the Group will manage a global volume of nearly 40 MTPA.

2017 150
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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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Algeria, Argentina, and Mexico), providing significantly more data for the 2013 study, EIA said. More than half of the identified shale oil resources outside the United States are concentrated in four countries—Russia, China, Argentina and Libya—while more than half of the non-US shale gas resources are concentrated in five countries: China, Argentina, Algeria, Canada, and Mexico. Map of basins with assessed shale oil and shale gas formations, as of May 2013.

2013 234

Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

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In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. Map of 48 major shale gas basins in 32 countries. Source: EIA. Click to enlarge. Initial assessments of 48 shale gas basins containing almost 70 shale gas formations in 32 countries suggest that shale gas resources, which have recently provided a major boost to US natural gas production, are also available in other world regions.

2011 185

Global Gas Prices | Hybrid Sales

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Some expect both to remain steady due to global economic conditions while others point to the return of $3/gallon gas (in the states) fueled mainly by an increase in foreign demand. Algeria. sales of hybrid SUVs and other fuel efficient vehicles will prove interesting to watch this year, especially if fuel prices remain relatively low. Expert predictions about where oil and gas prices are headed vary widely.

2010 78

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

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According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%. 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).

2020 161

UNEP: export of used cars to developing world creating significant environmental problems

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Used Vehicles and the Environment - A Global Overview of Used Light Duty Vehicles: Flow, Scale and Regulation , the first report of its kind, calls for action to fill the current policy vacuum with the adoption of harmonized minimum quality standards that will ensure used vehicles contribute to cleaner, safer fleets in importing countries. Cleaning up the global vehicle fleet is a priority to meet global and local air quality and climate targets.

2020 170

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

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The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA. 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).

2019 192

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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Nigeria or Algeria cannot do the same for their oil industry. This scenario assumes a full global consensus for action on climate change. A wave of green globalization allows all countries to share in the benefits of decarbonization. Some national oil companies go bankrupt and others consolidate into a handful of global energy giants.

2019 184

Opinion: How Much Longer Can OPEC Hold Out?

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With announcement of a historic nuclear deal framework between Iran and six global powers: America, France, Britain, China, Russia and Germany on April2, 2015, there is a good possibility that Iranian crude oil exports will increase greatly after June 2015 when the final nuclear deal is signed. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG. by Gaurav Agnihotri for Oilprice.com.

2015 185

Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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Interestingly, also, the Saudis increased their share of OPEC average daily output in the first half of 2015 over 2014 average daily volume—and their share of average daily global output. percent, during the same period; during the same period, OPEC output as a share of global output declined slightly, from 39.5 During this period, the Saudi and Gulf Arab share of global output was flat, declining only 0.1 by Dalan McEndree for Oilprice.com.

2015 192

Opinion: Is Russia Plotting To Bring Down OPEC?

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from a market for Russian crude and natural gas (via LNG) to a global competitor. into a major (potential) LNG competitor in global LNG import markets, and, via the U.S. by Dalan McEndree for Oilprice.com.

Russia 195