World

Renewables Lead Gas for New Power Gen, Almost Everywhere

By 2016, the world will get more of its electricity from renewables — hydro, wind, solar, etc. — than from natural gas, according to the International Energy Agency’s (IEA) “Medium-Term Renewable Energy Market Report.” But in the Americas, particularly the United States, natural gas is still in the lead.

June 27, 2013

U.S. Oil, Gas Billionaires Like it On the Rocks

There are familiar names, matched to familiar brands, on the latest compilation of the world’s wealthiest individuals. At No. 1 is Mexico’s Carlos Slim Helu, 73, whose net worth of $73 billion was made from the telecommunications industry. Microsoft founder Bill Gates, 57, with $67 billion is in second place, followed by Spain’s Amancio Ortega, 77, with $57 billion. Berkshire Hathaway Inc.’s Warren Buffett, 82, has $53.5 billion for the No. 4 position, while Oracle Inc.’s Larry Ellison, 68, rounds out the top five with an estimated net worth of $43 billion.

June 26, 2013

CNG, LNG Transport Still Gaining

More announcements continued to move last week for building the compressed natural gas (CNG) and liquefied natural gas (LNG) market for natural gas vehicles (NGV).

June 17, 2013

Shell’s Transformative CEO to Retire

Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement last Thursday.

May 6, 2013

Shell’s Transformative CEO to Retire

Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement on Thursday.

May 3, 2013

Krancer Mentioned as Possible Pennsylvania Supreme Court Nominee

Pennsylvania Gov. Tom Corbett is looking for a new secretary to lead the Department of Environmental Protection (DEP), but in a strange twist the outgoing secretary, Michael Krancer, is reportedly on a short list of names to replace a state Supreme Court justice who resigned Monday after being convicted on corruption charges.

March 28, 2013

Unconventional Opportunities Still Open in North America, Says Tudor

North American oil and natural gas producers are in the “middle to latter stages of the land grab” for unconventional properties, but there still will be opportunities down the road for others to pitch a claim, said Tudor, Pickering, Holt & Co. Inc.’s (TPH) Bobby Tudor.

March 11, 2013

Australia Overtook Qatar as Japan’s Top LNG Supplier

The pecking order of liquefied natural gas (LNG) suppliers to Japan, the world’s largest importer of LNG, has shifted. For the first time, Australia has surpassed Qatar to take the No. 1 slot, according to EnergyQuest, a consultancy based in Australia.

March 11, 2013

Audi to Pursue Hydrogen, Synthetic Gas for Vehicles

Audi AG held a topping-out ceremony recently for a new plant in Germany that will be the world’s first manufacturing facility for producing synthetic methane, or “e-gas,” along with renewable electricity. The facility is scheduled to begin operations early in 2013 and begin feeding e-gas into the local natural gas distribution network by summer.

December 31, 2012

Shell Given Six Month Extension to Make Ethane Cracker Decision

A subsidiary of Royal Dutch Shell plc has been given another six months to decide whether to purchase property in western Pennsylvania for a proposed “world scale” ethane cracker in the heart of the Marcellus Shale.

December 28, 2012