Amazon Adding More Than 700 CNG Trucks
Amazon Inc. is adding more than 700 compressed natural gas (CNG) trucks to its fleet as it looks for ways to reduce emissions in its operations, according to industry reports. Due to various degrees of…
Tagged: NaturalGas
Cold Snap Roiled Gas Market
The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…
Loan Approved For LNG Plant
Venture Global LNG, a U.S. liquefied natural gas (LNG) export project developer, said it has secured a $220 million bridge loan from with Morgan Stanley Senior Funding Inc. and associated lenders. Proceeds will be used…
CNG Is Safe Fuel, Data Show
There are many misconceptions about how safe compressed natural gas (CNG) is as a vehicle fuel. This is the same fuel used to heat houses, clothes dryers, stoves, etc., but it is compressed usually to…
World Markets Racing For LNG
Liquefied natural gas (LNG) is playing an increasingly important role in the global energy mix, driven by its environmentally friendly characteristics, versatility and relatively cheap price. LNG is perceived as a transition fuel that can…
Gas Glut Creating Mixed World Market
Surging production of U.S. liquefied natural gas (LNG) and slower growth of demand in Asia this year could leave companies that have committed to long-term purchase contracts struggling to find markets, analysts say. Over the…
Consolidation Reshaping LNG Sector
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
Natural Gas Usage to Grow, EIA Report Says
U.S. natural gas market trends from 2018 are expected to continue this year into 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports, according to the U.S. Energy…
EIA Seeks Input On Biofuel Reporting
The U.S. Energy Information Administration (EIA) is seeking public comments on several changes it intends to make within its Petroleum Supply Reporting System (PSRS), including those related to data collection on biofuels. In December, EIA…
Exxon, Qatar Plan $10 Billion Gas Plant
Exxon Mobil is making a big bet on the future of exporting natural gas. Exxon and Qatar Petroleum announced they will go ahead with a $10 billion project to export liquefied natural gas from a…
