natural gas

The value of natural gas flared by 80 different nations around the world has increased by 11% to hit a global peak this year of $16.4 billion, according to a new data analysis.

Fiber optics are considered one of the more promising direct leak-detection technologies. The fiber core normally used for telecommunication can be converted as a sensor using the principle of light backscattering within the fiber.

Texas regulators rejected a rare challenge to gas flaring in the state after an oil company argued that a flaring ban would force it to shut in wells, damaging the reservoir and reducing future oil production.

Local officials are calling on Massachusetts Gov. Charlie Baker to require studies of health and safety risks before approving new natural-gas infrastructure. In separate letters, boards of health representing 100 communities raise concerns about the state's reliance on natural gas as a fuel source.

With almost 10 Bcf/D of liquefaction capacity scheduled to go into service by 2025, a new report from Moody’s says that US LNG exports should help solidify a floor under natural gas prices as LNG markets see a shortfall in supply.

The state-owned firm is looking within its home country, around Southeast Asia, and to the Americas—including shale—in an effort to maintain its forecast average yearly production of 1.7 million BOE/D over the next 5 years.

North Dakota oil drillers are falling far short of the state’s goals to limit the burning of excess natural gas at wellheads, 5 years after the state adopted the rules to reduce the wasteful and environmentally harmful practice.

The second round will offer 19 offshore blocks clustered in five zones to continue natural gas development in the eastern Mediterranean’s Levant Basin.

While much progress has been made to reduce flaring, associated gas continues to be flared at thousands of oil production sites around the world. A further reduction may be achieved through a market-oriented approach to commercialization

Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.