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

Green Car Congress

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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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

Green Car Congress

to purchase 170 million gallon equivalents of renewable natural gas (RNG) through 2026. This is the largest commitment for use of RNG to date by any company in the United States, with a range of 22.5 - 25 million gallon equivalents per year. Tifton, Ga.; and, Trinidad, Colo., UPS CNG tractor trailer. Orleans, La.;

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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

Green Car Congress

Purchase and importation into Venezuela of goods or inputs related to the activities described in this general license, including diluents, condensates, petroleum, or natural gas products. Chevron is one of the leading private oil companies in Venezuela; its legacy dates back to the Boscán Field discovery in the 1920s.

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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

Green Car Congress

Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. 2P reserves of more than 2 billion boe comprising 59% gas, and 41% liquids. Longer term embedded options include the Wildling (US), Trion (Mexico), Calypso (Trinidad and Tobago) and Browse (Australia) projects. 28% interest).

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

Green Car Congress

UPS plans to build an additional 12 compressed natural gas (CNG) fueling stations and add 380 new CNG tractors to its growing alternative fuel and advanced technology fleet. CNG is made by compressing natural gas to less than one percent of the volume it occupies at standard atmospheric pressure. San Antonio, Texas; Tifton, Ga.;

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

Green Car Congress

and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline (MTG)-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. G2X Energy, Inc. Earlier post.). The Big Lake Fuels LLC facility will produce 1.4

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Shell completes acquisition of Repsol S.A. LNG portfolio

Green Car Congress

s liquefied natural gas (LNG) portfolio outside North America for a headline cash consideration of $4.1 The company’s already diverse and flexible portfolio will be boosted with LNG supply in the Atlantic from Trinidad & Tobago, and in the Pacific from Peru. Royal Dutch Shell plc has completed the acquisition of Repsol S.A.’s

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