Natural gas news
East Timor reaches agreement to purchase Shell’s stake in gas field
According to Reuters, East Timor has reached an agreement to purchase Royal Dutch Shell’s stake in the Greater Sunrise natural gas fields located off Australia’s north coast.
Chinese industrial gas demand experiencing sharp decline
Industrial gas demand in Northern China is experiencing a sharp decline as small factories are receiving fewer export orders.
Woodside enters gas supply agreement with fertilizer company
Woodside Energy Ltd has entered into a long-term gas sale and purchase agreement with Perdaman Chemicals and Fertilisers Pty Ltd for the supply of pipeline gas for a 20-year period.
ACCC clears way for Santos acquisition of Quadrant
Santos has advised that the condition precedent for completion of the acquisition of Quadrant Energy has been satisfied with the ACCC decision not to oppose the acquisition.
Global Automotive NGV Market (2014 – 2018) report released
The 'Automotive Natural Gas Vehicle (NGV) 2018 – 2025' report has been added to ResearchAndMarkets.com’s offering.
ADNOC to extend long-term gas supply agreement for LNG production
Abu Dhabi National Oil Co. has agreed, in principle, to extend its gas supply agreement with ADNOC LNG to 2040, in coordination with ADNOC LNG’s joint venture partners: Mitsui, BP and Total.
Changfeng completes trial run of LNG shipment from Canada to China
Changfeng Energy Inc. has announced that its trial run of an LNG shipment from Canada to China using ISO-containers has been successfully completed.
Prometheus and Summit partner on new LNG facility
Prometheus Energy and Summit Natural Gas have partnered on a new LNG facility in Missouri.
IEA expects gas to overtake coal as world’s second largest energy source by 2030
According to Reuters, the International Energy Agency has announced that it expects gas to overtake coal as the world’s second largest energy source (after oil) by 2030.
Muruk 2 appraisal well commences drilling
Oil Search has announced that the Muruk 2 appraisal well, which is located in PDL 9 (Oil Search – 24.4%) in the PNG Highlands, started drilling on 10 November with High Arctic Rig 104.