International

France’s Engie Delays Finalizing U.S. LNG Deal With NextDecade Over Emissions Concerns

France’s Engie Delays Finalizing U.S. LNG Deal With NextDecade Over Emissions Concerns

French energy company Engie SA has indefinitely postponed signing a long-term deal to buy liquefied natural gas (LNG) from the proposed Rio Grande LNG facility in Texas because of French government concerns over hydraulic fracturing (fracking), a person close to the matter told NGI on Friday. “What is very clear is that Engie postponed discussions…

October 26, 2020
Natural Gas Preferred to Other Fossil Fuels, Says Survey, but Still Partisan Split

Natural Gas Preferred to Other Fossil Fuels, Says Survey, but Still Partisan Split

Natural gas is viewed more favorably than other fossil fuels around the world, although sentiment is largely divided along ideological lines, according to a recent Pew Research Center survey. The survey was conducted between October 2019 and March in 20 countries including the United States, Canada, Brazil and Russia, along with several countries across Europe…

October 22, 2020
U.S. LNG Industry Not Seen Favoring Trump or Biden Presidency

U.S. LNG Industry Not Seen Favoring Trump or Biden Presidency

The U.S. liquefied natural gas (LNG) sector could successfully work with either President Trump or Democratic nominee Joseph R. Biden Jr. in the upcoming presidential election, experts told NGI.   Trump has been a “great cheerleader for U.S. LNG” by raising the industry’s profile and addressing some regulatory bottlenecks during his first term, said LNG Allies…

October 20, 2020
Natural Gas Prices Key in Determining Fate of Asia’s Energy Mix, EIA Says

Natural Gas Prices Key in Determining Fate of Asia’s Energy Mix, EIA Says

Natural gas prices and renewable energy capital costs will determine the future electric generation mix in Asia, the continent that’s expected to account for half of the world’s energy consumption by 2050, according to the Energy Information Administration (EIA). EIA released its projections for the Asian energy market Wednesday as part of its updated International…

October 14, 2020
Poland Fines Gazprom, Others Nearly $8B Over Nord Stream 2 Natural Gas Pipeline

Poland Fines Gazprom, Others Nearly $8B Over Nord Stream 2 Natural Gas Pipeline

Poland has fined Russia’s state-owned Gazprom $7.6 billion and five European companies a combined $61 million for allegedly forming an illegal partnership to build the controversial Nord Stream 2 (NS2) pipeline to bring more Russian natural gas to Europe. Gazprom management told NGI Thursday that the company “fundamentally disagrees” with Wednesday’s decision by Polish anti-monopoly…

October 9, 2020
Hydrogen Considered Possible Long-Term Solution to Decarbonize Global Energy Sector

Hydrogen Considered Possible Long-Term Solution to Decarbonize Global Energy Sector

Hydrogen may be the long-term solution to decarbonizing the U.S. energy future, rather than electrification, on the basis of cost and long-term grid capacity, according to a mix of energy thinkers analyzing the future transition away from natural gas and other fossil fuels. In the transportation sector alone, electrification’s added transmission grid upgrades would far…

October 8, 2020
Energy Transition Seen Pushing World’s Top E&Ps to Deal Global Assets

Energy Transition Seen Pushing World’s Top E&Ps to Deal Global Assets

Global oil and natural gas operators could be pushed to sell or trade $100 billion-plus in assets because of the energy transition to alternative fuels, but it’s likely the U.S. portfolios would be off the table, according to a new analysis. Rystad Energy did a deep dive on the geographical spread of some of the…

September 23, 2020
Eastern Med Group Formed Without Turkey to Cooperate on Natural Gas Resources

Eastern Med Group Formed Without Turkey to Cooperate on Natural Gas Resources

Several Eastern Mediterranean countries have formally established an intergovernmental organization to cooperate in developing the massive offshore natural gas fields in the region, conspicuously leaving out Turkey as a member state. The East Mediterranean Gas Forum (EMGF) is to be based in Cairo and any East Mediterranean country can apply for membership, the Egyptian Ministry…

September 23, 2020
U.S. Oil Exports Decline Amid Pandemic, Demand Destruction, EIA Says

U.S. Oil Exports Decline Amid Pandemic, Demand Destruction, EIA Says

After setting a record in February, U.S. oil exports declined over four consecutive months amid the shocks of the coronavirus pandemic, the U.S. Energy Information Administration (EIA) said. Demand dropped in March and in the three ensuing months as countries across the globe initiated measures to limit virus outbreaks. With travel and overall activity limited,…

September 22, 2020
British Columbia Setting Ambitious — and Reachable — Goals for RNG, Says CER

British Columbia Setting Ambitious — and Reachable — Goals for RNG, Says CER

After taking a tiny first step into using renewable natural gas (RNG), British Columbia (BC) has a chance to reach an ambitious goal set by provincial government environmental policy, according to Canadian regulators. Supplies of RNG have gradually grown in the United States and they are inching higher in Canada. Initially, BC had around 0.2%…

September 18, 2020