Natural Gas
EU lawmakers to grill new climate chief on fossil fuels
Lawmakers in the European Parliament plan to grill Wopke Hoekstra, who is poised to be the EU's next climate change chief, on how he would phase out fossil fuel subsidies and set a new emissions target for 2040.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
Russia's Sakhalin Energy resumes operations in full after maintenance
Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance.
German parliament passes bill phasing out oil and gas heating systems
Germany's lower house of parliament passed a bill on phasing out oil and gas heating systems after months of wrangling, but the watered-down bill means the sector's 2030 climate goal cannot be reached.
Bunker fuel market to convert to LNG in next 10 years
The global bunker fuel market is expected to convert substantially to LNG over the next 10 years.
Gas flaring system design and optimization with commercial simulation tool
In the chemicals, petroleum refining and natural gas industries, gas flaring systems are commonly installed for safe operation to burn associated and non-associated gases.
EU to seek COP28 deal on phasing out fossil fuels
European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU's negotiating position showed.
Sinopec not interested in acquiring Shell's Singapore assets
Asia's top refiner, Sinopec Corp, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia.
Venezuela fails to curb oil leaks, gas flaring despite pledges
Venezuelan state oil company PDVSA has failed to make any dent in its oil spill or gas flaring woes, despite nascent promises of environmental clean-up by President Nicolas Maduro's government, according to people within the company.
- HIF Global selects Johnson Matthey’s methanol technology for the largest e-methanol plant in South America 5/16
- BASF expands its biomass balance portfolio for selected chemical intermediates 5/16
- INEOS Inovyn launches next-generation recycling pilot plants to strengthen Europe’s PVC recycling 5/16
- How Europe reduced its greenhouse gas emissions in 2023 5/16
- Plug signs contract with Allied Green Ammonia to supply H2 for planned ammonia facility in Australia 5/16
- HSBC to arrange funds for $1.49-B expansion project at Vietnam's Binh Son refinery 5/16