Energy transition

Spain’s Repsol Upping Capex to Pre-Pandemic Levels, with Latin America E&P Focus

Spain’s Repsol Upping Capex to Pre-Pandemic Levels, with Latin America E&P Focus

Spanish integrated energy company Repsol SA expects to increase capital expenditures (capex) to pre-pandemic levels of 3.8 billion euros ($4.3 billion) in 2022, according to CEO Josu Jon Imaz. The Madrid-based firm has an exploration and production (E&P) presence in 15 countries, including an extensive portfolio throughout the Americas. The forecast increase in capex is…

February 23, 2022
LNG Projects Await Approval From New German Government Amid Volatile Market

LNG Projects Await Approval From New German Government Amid Volatile Market

Germany’s new coalition government may revisit proposals to diversify the country’s natural gas supply and reduce its reliance on Russian imports.   However, the new coalition government which came into office in December, has not publicly supported any plans. Stakeholders in two of three previously proposed LNG projects for the country told NGI that they expect…

January 31, 2022
Mexico Exports Slip in 4Q, but Kinder Morgan Gains on Higher Natural Gas Prices, LNG Deliveries

Mexico Exports Slip in 4Q, but Kinder Morgan Gains on Higher Natural Gas Prices, LNG Deliveries

Stronger natural gas prices lifted Kinder Morgan Inc. results in the fourth quarter and propelled physical liquefied natural gas (LNG) deliveries higher by 33%. Executive Chairman Richard Kinder and CEO Steven Kean helmed a conference call last week to discuss fourth quarter and full-year 2021 results. The company recovered sharply in the final three months…

January 25, 2022
Superior Plus, Charbone Proposing Green Hydrogen Project to Replace Propane in Quebec and Beyond

Superior Plus, Charbone Proposing Green Hydrogen Project to Replace Propane in Quebec and Beyond

A Canadian market test of hydrogen as a substitute for propane is scheduled to start in late 2022 through a commercial trial in Quebec. Toronto-based Superior Plus Corp. said its mobile distribution arm, Superior Propane, would offer hydrogen produced by Montreal environmental energy pioneer Charbone Corp. to its 780,000 commercial and industrial clients. Superior and…

January 21, 2022
Latin America’s Importance in Energy Transition Expected to Grow, Says Yergin

Latin America’s Importance in Energy Transition Expected to Grow, Says Yergin

The transition to lower carbon-emitting fuel resources may give Latin America a new economic edge, according to energy expert Daniel Yergin. In a conversation with NGI earlier this month, the vice chairman of IHS Markit and chair of CERAWeek said Latin America may see its fortunes rise as “enormous” amounts of copper and other earth…

January 12, 2022
SoCalGas, Bloom Energy Eyeing 2022 Hydrogen Blending Pilot

SoCalGas, Bloom Energy Eyeing 2022 Hydrogen Blending Pilot

Southern California Gas Co. (SoCalGas) and Bloom Energy on Tuesday (Dec. 14) announced a hydrogen blending pilot project envisioned for the California Institute of Technology (Caltech) campus in Pasadena. The companies said they plan to generate and then blend hydrogen into Caltech’s existing natural gas network “to demonstrate how the natural gas infrastructure can be…

December 22, 2021
Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling

Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling

Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels this decade, according to new analysis from Rystad Energy. Colombia is Latin America’s third-largest oil and gas producer behind Brazil and Mexico, but crude oil production this year is on track to…

December 21, 2021
Mexico’s CFE Urged to Embrace Natural Gas, Renewables Over Fuel Oil

Mexico’s CFE Urged to Embrace Natural Gas, Renewables Over Fuel Oil

Mexico’s state power utility Comisión Federal de Electricidad (CFE) has avoided substantial variable generation costs and greenhouse gas emissions by purchasing clean energy through competitive auctions, according to a new study commissioned by the Institute of the Americas think tank. Former Comisión Reguladora de Energía (CRE) Chairman Francisco Salazar and former CRE Commissioner Francisco Barnes…

November 24, 2021
Natural Gas Industry Turns Gaze to DC Summit, Opportunity for Energy Cooperation – Mexico Spotlight

Natural Gas Industry Turns Gaze to DC Summit, Opportunity for Energy Cooperation – Mexico Spotlight

All eyes in Mexico’s energy sector were on Washington, DC on Thursday as President Biden hosted Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador in the first summit of its kind since 2016. Ahead of the so-called “Three Amigos” summit, the Canadian Chamber of Congress, Mexican business group Consejo Coordinador Empresarial…

November 18, 2021
Tellurian Chief Sees ‘Different Pathways, Timelines’ to Advance Next Phases of Driftwood LNG

Tellurian Chief Sees ‘Different Pathways, Timelines’ to Advance Next Phases of Driftwood LNG

Tellurian Inc. is in no hurry to sell all of the 27 million metric tons/year (mmty) of liquefied natural gas (LNG) capacity from the proposed Driftwood export project in Louisiana even though there’s an opportunity to do so, according to CEO Octávio Simões. The company has agreed to supply 9 mmty of LNG from the…

November 12, 2021
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