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PESA - Energy Geoscience

Promoting Professional and Technical Excellence in Energy Geoscience – Networking, On-going Professional Education, Monthly Technical Meetings

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Industry

US LNG looks to be Headed to Asia, not Europe, as TTF prices fall, says Rystad Energy’s Gas and LNG Market Update

17/07/2023 Posted by Dale

LNG cargoes from the US are poised to shift to Asian ports as prices fall in Europe.

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EnergyQuest Releases its June 2023 Australian LNG Monthly Report

17/07/2023 Posted by Dale

In a concerning sign of the health of Australia’s electricity market, the supply/demand balance for gas depends significantly on reduced gas-fired power generation (GPG) demand and good weather.

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Trondheim CCS Conference

Record Numbers Gathered in Norway for the twelfth Trondheim CCS Conference (TCCS-12)

26/06/2023 Posted by Dale

Recently, carbon capture, transport, utilisation and storage (CCS) experts from around the world gathered in Trondheim for the twelfth Trondheim CCS Conference (TCCS-12). Never before had there been such a large interest in the conference, with a record number of participants, nationalities, and abstract submissions.

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Shutterstock USA heatwave

North America natural gas demand surges on summer heat wave, triggering short-term price jump after muted shoulder season

26/06/2023 Posted by Dale

Rystad Energy’s North America gas and LNG market update from analyst Ade Allen says after a muted shoulder season for North American gas markets, summer has arrived with a bang and demand is set to surge.

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Onshore US drilling

TTF prices top $14 per MMBtu on Norway maintenance delay – Rystad Energy’s Gas and LNG Market Update reveals

20/06/2023 Posted by Dale

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China to lead LNG regasification pipeline capacity additions in Asia by 2027, says GlobalData

16/06/2023 Posted by Dale

China is set to dominate the liquefied natural gas (LNG) regasification capacity additions in Asia, contributing around 34% of the region’s capacity additions by 2027, according to data and analytics company, GlobalData.

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Federal Parliament Committee recognises importance of carbon capture

16/06/2023 Posted by Dale

A Federal Parliamentary Committee has recognised the importance of carbon capture technology to Australia and regional climate mitigation efforts.

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Aramco Haradh Gas Plant

Hiroshima Summit calls for gas investment to avoid supply shortages

16/06/2023 Posted by Dale

Pipeline gas to Europe declined 10% in May but robust Europe and Latin America demand saw LNG exports rise 3.5% year-on-year as gas storage sites continued refilling in the USA and Europe, the latest report from the Gas Exporting Countries Forum has revealed.

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Same Job Same Pay: Resource employers urge Gov to exclude contractors

12/06/2023 Posted by Dale

Concerned mining and energy employers are calling for a multi-factor test to ensure specialist contractors are not caught up in the government’s proposed “Same Job, Same Pay” laws.

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CNOOC LNG & CNG filling station

Window of Opportunity to Fast Track into Asia’s ‘Golden Age’ of LNG and Regasification Projects

08/06/2023 Posted by Dale

Gas Exporting Countries Forum (GECF) Energy Economics Analyst Galia Fazeliyanova says demand projections for LNG are forecasting 36% growth, reaching 5,460bcm by 2050.

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PESA MAGAZINE

PESA News Issue 173

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PESA Energy Geoscience is a non-profit association of individuals involved in the exploration of oil and gas.

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