natural gas
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Forecast increased demand for natural gas globally will keep new US liquefaction projects and additional proposals moving forward.
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South Africa’s Sasol has nixed plans to invest in the proposed African Renaissance Pipeline, opting instead to import LNG by tanker from Mozambique where TotalEnergies, Eni, and ExxonMobil are developing projects.
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The surge in oil and gas prices has reminded Europeans that they still need hydrocarbons and reminds them why they want to replace them.
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Saudi looks to increase natural gas role in electricity production.
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A transatlantic task force will be formed to oversee the EU’s goal of reducing Europe’s dependence on Russian fossil fuels and strengthen European energy security.
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Tests confirm significant progress in deep shale gas exploration at a depth of over 4,000 meters.
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A new deal between China and Venture Global is the latest in a string of US LNG commitments to Asia.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
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The Netherlands will end gas production from giant field discovered in 1959.
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The price of natural gas has more than doubled this year in many parts of the world. The ripple effects are starting to be felt, but how wide they will spread may not be known until winter comes.