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Natural Gas Intelligence 09/23/2020 15:56
Several Eastern Mediterranean countries have formally established an intergovernmental organization to cooperate in developing the massive offshore natural gas fields in the region, conspicuously leaving out Turkey as a member state. The East Mediterranean Gas Forum (EMGF) is to be based in Cairo and any East Mediterranean country can apply for membership, the Egyptian Ministry…. .
Natural Gas Intelligence 09/23/2020 15:55
A roundup of news and commentary from NGI’s LNG Insight China, the world’s largest carbon emitter, is aiming to reach peak emissions before 2030 and be carbon-neutral by 2060. President Xi Jinping outlined the goals during an address before the United Nations. No details were provided about how the world’s second largest natural gas importer…. .
Natural Gas Intelligence 09/17/2020 17:00
Natural gas futures plunged Thursday amid intensifying imbalance concerns and escalating worries about looming storage surpluses as summer cooling needs dwindle. The losses occurred as Hurricane Sally’s destruction imposes uncertainty, and the full impacts of other demand drivers this fall also remain unclear. The October Nymex contract dropped 22.5 cents day/day and settled Thursday at…. .
Natural Gas Intelligence 09/16/2020 16:11
The state-owned Abu Dhabi Investment Authority (ADIA) has acquired a 5.05% share in U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc., according to a Wednesday filing with the U.S. Securities and Exchange Commission. The sovereign wealth fund owns about 12.7 million shares of Houston-based Cheniere that are valued at about $648 million. Cheniere’s share…. .
Natural Gas Intelligence 09/14/2020 16:45
Decarbonizing heavy industries dependent on energy may find options with green hydrogen (H2) technologies, according to German and California experts. Scientists with the German Federal Ministry of Economic Affairs and Energy joined representatives from the California Governor’s Office of Business and Economic Development (GOBiz) during a webinar to compare the approaches each government is taking.….

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