The United Arab Emirates forecasts that savings from switching half its energy needs from subsidised gas to solar by mid-century will outstrip investment costs by $42 billion.
GE has won an order from Competitive Power Ventures (CPV) Fairview Energy Center for two 7HA gas turbines and an engineered equipment package, to be fuelled by a mix of ethane and methane.
The US Energy Information Administration (EIA) says growing LNG trade could support the development of an Asian LNG benchmark.
Bectel has awarded ABB a contract to provide a turnkey substation solution for a 1.1GW combined-cycle power plant in New York State.
President Trump is preparing to issue an executive order on climate change, which could disassemble former President Obama’s Clean Power Plan and end the moratorium on federal-land coal mining. The Environmental Protection Agency (EPA) has already issued an order informing power plants that they no longer need to report CO2 emissions’ data.
At least one of the Dutch political parties calling for lower Groningen production could become part of a new coalition government following last week's second chamber elections, according to a report from Argus Media.
The world's biggest LNG buyers are clubbing together in an attempt to secure more flexible supply contracts in their negotiations with producers. Flexibility is becoming critical for many LNG buyers, as the rise of solar capacity makes consumption of LNG more seasonal.
Houston-based Kinder Morgan has announced plans to build a major new gas pipeline from West Texas’ prolific Permian Basin shale field to the US Gulf Coast.
New research from Purdue University in the US suggests that methane emissions from gas power plants may be significantly higher than accounted for in current inventories. Methane is a greenhouse gas that contributes to global warming.
EGAT has signed a deal for the South Bangkok Power Plant Replacement Phase 1 project, which will replace existing decommissioned and emergency turbines and other equipment at the plant near Thailand’s capital.
Shell says its QGC joint venture in the Australian state of Queensland is to drill up to 161 additional wells - a move that enables further supply for both domestic customers and exports. The announcement comes just over a week after Australia’s Prime Minister Malcolm Turnbull threatened to curb LNG exports unless big producers did not provide more gas for the domestic market.
Australia’s big LNG exporters – including Shell and Exxon - have agreed to a request from Prime Minister Malcolm Turnbull to supply more gas to the domestic market.
Gazprom and Eni have signed a memorandum of understanding in Moscow over sales of Russian gas.