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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.

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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

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NASA’s New Earth Space Mission maps methane ‘super-emitters’

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But EMIT has demonstrated another capability: detecting the presence of methane, a potent greenhouse gas. Methane is a potent greenhouse gas that is much more effective at trapping heat in the atmosphere than carbon dioxide. The cube (left) shows methane plumes (purple, orange, yellow) over Turkmenistan.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% World primary energy consumption grew by 2.5%

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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 decline of global oil prices since 2014 and lower external demand has encouraged the government to create a favorable environment for business-driven regional economic development.