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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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Alpiq, EW Höfe and SOCAR Energy planning 10MW electrolysis plant in Switzerland for green hydrogen

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The possibility of admixing hydrogen into the existing gas distribution network of EW Höfe will also be examined. The existing gas grids represent the ideal infrastructure to introduce renewable energies into the heating market. EW Höfe AG is the largest combination utility in the Lower and Upper Lake Zurich region.

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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million million loan to help Kazakhstan modernize its transport system.

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BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

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BP deepened its equity in the Gila prospect and accessed the BM-CAL-13 lease as part of the acquisition of Devon Energy’s interests in the Gulf of Mexico, Brazil and Azerbaijan, announced in 2010. The discovery well encountered both a high liquids content gas interval and an oil interval. Click to enlarge. —Joseph H.

Angola 220