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EIA: Proved reserves of US natural gas increased 32% during 2021

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Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

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PACCAR to offer Cummins X15N natural gas engine in Kenworth and Peterbilt trucks

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PACCAR will work with Cummins to offer the new Cummins X15N natural gas engine ( earlier post ) in Kenworth and Peterbilt trucks. The X15N is the first natural gas engine to be designed specifically for heavy-duty truck applications with up to 500 horsepower output.

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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Shell Starship 3.0 to use Cummins X15N natural gas engine running on RNG

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will be updated with a Cummins X15N natural gas engine ( earlier post ) that will run on Shell Renewable Natural Gas (RNG). will capitalize on some of the latest available technology, including being powered by renewable natural gas. At ACT Expo in Anaheim, Shell announced that Shell Starship 3.0 Shell Starship 3.0 Starship 2.0

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Chevron, Cummins team on renewable natural gas engine demonstration with Walmart

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Chevron USA, a subsidiary of Chevron Corporation, announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. demonstration of Cummins’s new 15-liter natural gas engine for heavy-duty trucks ( earlier post ).

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