International

Hydraulic Fracturing Absolved of Methane Leaks in Review of 25,000 Northern BC Wells

Hydraulic Fracturing Absolved of Methane Leaks in Review of 25,000 Northern BC Wells

Hydraulic fracturing undertaken in British Columbia (BC) has been absolved of causing methane leaks that contribute to climate change and create safety hazards, according to peer-reviewed research. The University of British Columbia’s Energy and Environment Research Initiative reached its verdict in a review of 25,000 northern BC wells. “Overall, there appear to be no characteristics…

March 16, 2021
Canada’s Propane Exports Up 19% in 2020, with More Growth Said Likely

Canada’s Propane Exports Up 19% in 2020, with More Growth Said Likely

Propane exports from Canada to overseas markets jumped by 19% in 2020, with international sales poised to increase again this year, according to the Canada Energy Regulator (CER). A terminal location on the northern Pacific coast of British Columbia (BC) at Prince Rupert lived up to expectations of giving a competitive advantage to the Alberta-based…

March 16, 2021
Chevron Says Gorgon, Wheatstone LNG Facilities Producing Above Capacity, with More Opportunities in Eastern Med

Chevron Says Gorgon, Wheatstone LNG Facilities Producing Above Capacity, with More Opportunities in Eastern Med

Chevron Corp. disclosed this week that both of its liquefied natural gas (LNG) facilities in Australia are producing above their nameplate capacity. The San Ramon, CA-based supermajor has increased the initial capacity of the three-train Gorgon development by 5%, while the capacity at the two-train Wheatstone project has grown to 9% above nameplate. Upstream chief…

March 11, 2021
‘Unique’ Circumstances Bode Well for Improving U.S., Mexico Trade Relationship

‘Unique’ Circumstances Bode Well for Improving U.S., Mexico Trade Relationship

There has been considerable friction between Mexico’s government and U.S. investors in the energy sector recently, but conditions are in place for booming trade between the two nations according to a new analysis by Washington, DC, think tank Center for Strategic and International Studies (CSIS). “The next four years present a once-in-a-generation opportunity for the…

March 9, 2021
Shell Takes Delivery of Europe’s First Carbon-Neutral LNG Cargo

Shell Takes Delivery of Europe’s First Carbon-Neutral LNG Cargo

Russian state-owned Gazprom Group recently delivered to partner Royal Dutch Shell plc what the companies said is the first-ever carbon-neutral liquefied natural gas (LNG) cargo in Europe. Shell said Monday the cargo was unloaded at the Dragon LNG terminal in the UK, which would enable the supermajor to supply more carbon-neutral gas to the domestic…

March 9, 2021
‘Green’ LNG Rapidly Becoming New Normal Across the World

‘Green’ LNG Rapidly Becoming New Normal Across the World

Major liquefied natural gas (LNG) players are jumping head first into the energy transition, prompted in part  by governments across the world that are prioritizing carbon neutrality, according to executives who consistently touched on the topic at CERAWeek by IHS Markit. The world’s three largest LNG importers, China, Japan and South Korea, along with the…

March 6, 2021
IEA Sees U.S. Carbon Emissions Rebounding After Historic Plunge

IEA Sees U.S. Carbon Emissions Rebounding After Historic Plunge

Carbon dioxide emissions in the United States plunged 10% in 2020 as stay-at-home orders and the economic slump driven by the Covid-19 pandemic took a toll on energy demand. According to a new report by the International Energy Agency, annual carbon dioxide (CO2) emissions fell by almost 500 million metric tons in 2020, accelerating a…

March 3, 2021
More Action Said Needed to Jumpstart Argentina’s Natural Gas Production

More Action Said Needed to Jumpstart Argentina’s Natural Gas Production

Argentina’s government has shown its willingness to boost domestic natural gas production, but an analysis by Wood Mackenzie suggested more might be needed to spur output from operators. In December the national government handed out 23 contracts for 67.42 million cubic meters/day (MMm3/d), or 2.38 Bcf/d, as part of a tender scheme called “Plan Gas…

March 2, 2021
Worldwide LNG Market a ‘Big Boy Game,’ Says Qatar Petroleum CEO

Worldwide LNG Market a ‘Big Boy Game,’ Says Qatar Petroleum CEO

The natural gas export market is more difficult and complex to steer than for oil and definitely not for the weak of heart, Qatar Petroleum (QP) CEO Saad Sherida Al-Kaabi said Tuesday. The world’s biggest liquefied natural gas (LNG) producer is attempting to keep its grip on the No. 1 position with the two-phase expansion…

March 2, 2021
Natural Gas Flowing from Chevron’s Alen Project Offshore Equatorial Guinea

Natural Gas Flowing from Chevron’s Alen Project Offshore Equatorial Guinea

The Alen Gas Monetization Project offshore Equatorial Guinea, with capacity to move 930 MMcfe/d, has achieved its first natural gas flows, Chevron Corp. said Friday. The project, overseen by Chevron’s Noble Energy EG Ltd., runs 70 kilometers (43.5 miles) from the field in the Douala Basin. Processing is done at existing onshore facilities, maximizing how…

February 26, 2021