Tag: Natural Gas
City of Vancouver, FortisBC team up on renewable natural gas, study criticizes city’s ‘bad policy’
Likely impossible for City of Vancouver to meet targeted renewable gas consumption levels by 2050, study says FortisBC and the City of Vancouver announced that they signed a Memorandum of Understanding (MOU) to team up on climate action projects to reduce GHG emissions and increase investment in energy efficiency and renewable energy, while maintaining access […]
Natural gas production in Bakken region increases at faster rate than oil production
New targets set in 2014 to limit flaring to 10% by Oct. 1, 2020 In North Dakota’s Bakken region, the ratio of natural gas production relative to crude oil, known as the gas-oil ratio, has been gradually increasing since 2008 and has increased at a faster rate since 2014, according to the U.S. Energy Information Administration. […]
Canadian fossil fuel use peaks in 2019, but not in Alberta until 2037 – NEB study
Alberta fossil fuel use driven by 2.1MM b/d jump in crude oil output from 2016 to 2040, high economic growth The National Energy Board recently released its Energy Future 2017 report (EF2017) that forecasts Canadian fossil-fuel demand could peak in 2019, then plateau until 2040. A follow up study shows that the trend looks quite different across […]
Eight energy majors pledge to reduce natural gas GHG emissions
Majors agree to advocate sound regulations on GHG emissions BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall today committed to further reduce methane emissions from the natural gas assets they operate around the world. The global energy companies say they will also encourage others across the natural gas value chain – from production to […]
US power generation using less natural gas each year, despite shift from coal – EIA
Natural gas consumption in power sector highest in summer months because of high demand from air conditioning Based on data through Aug., year-over-year declines in US electric power sector consumption have been partially offset by changes in natural gas trade, as exports have increased and imports have remained relatively flat. EIA’s latest Short-Term Energy Outlook expects the […]
American CO2 emissions from coal fell by record amount in 2015, led by Texas and Midwest
Most decrease in coal-fired electricity generation was replaced with increases in natural gas-fired generation Carbon dioxide (CO2) emissions associated with coal consumption in the United States fell by a record 231 million metric tons in 2015, according to the U.S. Energy Information Administration. More than 60 per cent of the annual decrease occurred in 10 […]
De-carbonized natural gas goal of next ARCTIC technology challenge
$500,000 in funding available for combined Challenge Sprint and Field Testing Natural gas is already the cleanest fossil fuel, but a new competition aims to “de-carbonize” Canada’s gas supply even further, possibly helping the country meet its Paris Climate Accord commitments. In this podcast, I interview Neil Huff of the Foresight Cleantech Accelerator Centre and […]
Column: US natural gas prices rise as traders reassess gloomy outlook
US natural gas prices up by almost 10 per cent since beginning of November By John Kemp LONDON (Reuters) – US natural gas prices have bounced by almost 10 per cent since the start of the month as traders reassess their earlier bearish view this winter amid signs sentiment had become far too gloomy. Futures […]
LNG prices soar as China buys up supplies as winter sets in
LNG prices up after China shifted millions of home to natural gas from coal China is buying up liquified natural gas cargoes worldwide and pushing up spot LNG prices after heating systems in millions of homes in China were recently converted from coal to natural gas. Most Asian LNG supplies are delivered under long-term contracts […]
New service making Western Canadian natural gas to Ontario, U.S. more competitive
By 2020 TransCanada expects an additional delivery of 1 billion cubic feet of natural gas per day to key markets TransCanada Corporation announced its Canadian Mainline will began shipping additional Western Canada Sedimentary Basin natural gas to markets in Eastern Canada and the U.S. as part of its Long-Term Fixed Price (LTFP) service, according to […]
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