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). According to Sentyurin, around 80% of the natural gas production by mid-century will stem from new projects, highlighting the importance of continued investment in upstream. Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference.

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

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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. The use of natural gas reduces greenhouse gas emissions six to 11 percent, according to the US Department of Energy. Trinidad, Colo.,

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

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to purchase 170 million gallon equivalents of renewable natural gas (RNG) through 2026. RNG is a key part of UPS’ strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025. and, Trinidad, Colo., UPS announced an agreement with Clean Energy Fuels Corp.

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Swiss company outlines methanol-to-gasoline option for Alaska North Slope gas to state legislature

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At a recent hearing of the Alaska state legislature’s House Resources Committee, Deo van Wijk, chairman of Swiss company Janus Methanol AG (formed in 2007), outlined a potential approach to converting North Slope gas to gasoline via the combination of a new methanol production technology (GigaMethanol) and the Methanol-to-Gasoline (MTG) process developed by ExxonMobil Research and Engineering (EMRE). If the entire daily output of North Slope gas (4.5

Global Gas Prices | Hybrid Sales

Hybrid SUV Blog

Expert predictions about where oil and gas prices are headed vary widely. Some expect both to remain steady due to global economic conditions while others point to the return of $3/gallon gas (in the states) fueled mainly by an increase in foreign demand. During these huge fluctuations, sales of hybrid cars have closely mirrored what we pay to fill our gas tanks. Low gas prices encourage less fuel efficient vehicles. World Gas Prices By Country (converted to U.S.

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

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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. The site is located adjacent to multiple large natural gas pipelines and industrial electricity connectivity, and affords the option to ship methanol via barge or oceangoing vessel. G2X Energy, Inc.

BP takes delivery of 6 new LNG tankers

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BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. They also will be fitted with a reliquefaction plant, meaning evaporated natural gas in the cargo tanks can be returned to the tanks as LNG, allowing the ships to deliver more LNG to the market.

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Shell to expand global LNG position with ~$6.2B deal with Repsol S.A.

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s LNG (liquefied natural gas) portfolio outside of North America, including supply positions in Peru and Trinidad & Tobago, for $4.4 The acquisition will LNG capacity in the West Atlantic from Atlantic LNG (ALNG) in Trinidad & Tobago, and in the East Pacific from Peru LNG (PLNG). Royal Dutch Shell plc has agreed to acquire part of Repsol S.A’s billion in cash.

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Using new seismic imaging technique, BP finds significant additional resources in the Gulf of Mexico

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As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of Mexico as well as in Azerbaijan, Angola, and Trinidad and Tobago. The subsurface property models that are created by FWI are used to create high quality and high resolution images of oil and gas reservoirs.

2017 64

Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

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A lifecycle study by consultancy thinkstep, commissioned by SEALNG and SGMF, has found that greenhouse gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels, over the entire life-cycle from Well-to-Wake (WtW). The report analyzes several LNG pathways, including LNG from Algeria, Australia, Qatar, Indonesia, Malaysia, Nigeria, Norway, Trinidad & Tobago and the USA.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% Slated for a July 2011 start, it would regulate 1000 of the country's biggest polluters and 75 percent of the country’s greenhouse gas emissions. by Jack Rosebro.

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