Energy transition

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Senior Editor Christopher Lenton is joined by the International Energy Agency’s (IEA) Mariano Berkenwald to discuss the hydrogen opportunity in Latin America.  Having recently published a report with the IEA about how low-carbon hydrogen can play a big…

The Port of New Orleans and Cleancor Energy Solutions LLC have signed a memorandum of understanding (MOU) to develop liquefied natural gas (LNG) fueling services for ships in the port. Cleancor, which distributes small-scale LNG and compressed natural gas, would work with the port to provide the super-chilled fuel for bunkering. The port would provide…

Colombia’s Ecopetrol SA saw its production take a hit in the second quarter because of social unrest in the country but management foresees a strong recovery this year. Ecopetrol was also boosted in the second quarter by its joint venture (JV) with Occidental Petroleum Corp. in the Permian Basin’s Midland formation in West Texas. “Social…

Demand for natural gas is likely to prove strong for several more years, and the fuel should maintain its market share in the electricity mix despite a transition to renewable sources of power such as wind and solar, Raymond James & Associates Inc. analysts said. “We believe that gas-fired generation has room to grow on…

Global natural gas demand is forecast to recover and eclipse 2019 levels by the end this year, with liquefied natural gas (LNG) consumption set to climb in Asia, according to BP plc. The London-based integrated energy major delivered its second quarter results on Tuesday, offering a robust outlook for natural gas and oil, even as…

Chart Industries Inc. CEO Jill Evanko expressed optimism on Thursday that up to four large U.S. liquefied natural gas (LNG) export projects could be sanctioned early next year following a flurry of activity in the past two months. Evanko said she was “very bullish on one to four U.S. Gulf Coast export projects that already…

Mexico was set to receive its first cargo of carbon offset liquefied natural gas on Friday (July 16), according to a Thursday announcement by BP plc and Sempra.  Subsidiaries of the firms inked a contract for delivery of the cargo to Sempra’s Energía Costa Azul (ECA) terminal on Mexico’s Pacific Coast. Greenhouse gas (GHG) emissions…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which the fundamentals impacting the Mexican natural gas market are explored. In this latest podcast, NGI’s Mexico Gas Price Index Senior Editor Christopher Lenton speaks to renowned Mexico energy expert Gonzalo Monroy about the hottest topics impacting the natural gas…

Natural gas demand in Mexico stayed resilient through pandemic-ravaged 2020 compared to total energy demand, in line with trends seen globally, according to BP plc. Mexico’s natural gas consumption dipped only 1.9% year/year to 3.11 exajoules in 2020, while the country’s total primary energy consumption plunged 14.2% to 6.48 exajoules, according to BP’s Statistical Review…