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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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Eni reports first oil from giant Kashagan field in North Caspian Sea

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The oilfield is located in the North Caspian Sea, approximately 80 kilometers (50 miles) southeast of Atyrau, in Kazakhstan. Considering the size, the specifications, the environmental and logistical characteristics, Kashagan is also one of the most complex and challenging industrial projects worldwide, Eni said. Map of the field.

Oil 218
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GE and Shenhua open coal gasification joint venture in China

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GE announced the opening of GE Shenhua Gasification Technology Company Ltd., The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. Gasification converts coal into a synthesis gas (or syngas) that can then be used to produce chemicals or other products.

Coal 199
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Opinion: Uranium Prices Set To Double By 2018

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As Scientific American opines , “Nuclear energy’s clean bona fides may be its saving grace in a wobbling global energy market that is trying to balance climate change ambitions, skittish economies and low prices for oil and natural gas.”. According to Bloomberg, in Asia alone, approximately $800 billion in new reactors are being developed.

2018 150
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Groundbreaking in Turkmenistan for major synthetic gasoline plant; first full-scale Haldor Topsøe TIGAS facility

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In August, a groundbreaking ceremony was held in Ovadan-Depe near the capital of Ashgabad in Turkmenistan to launch the construction of a major plant focused on the conversion of natural gas into synthetic gasoline. and the Turkish contractor Rönesans Turkmen to engineer and construct the facility. —Bjerne S.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal. Natural gas also plays a growing role in the transport sector, its share rising from 3% to 4%.

Oil 247