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natural gas

  • In the News

    Gas-Rich Nigeria Faces Energy Crisis Despite Abundant Resources

    by Motoni Olodun September 30, 2024
    by Motoni Olodun September 30, 2024

    Nigeria, rich in natural gas, struggles with severe energy shortages. Despite potential, poor infrastructure and reliance on outdated power systems have worsened the crisis.

  • In the News

    U.S. Natural Gas Producers Plan Output Cuts Amid Price Slump

    by Victor Adetimilehin August 8, 2024
    by Victor Adetimilehin August 8, 2024

    U.S. natural gas producers plan strategic production cuts amid falling prices, with major companies like EQT and Apache adjusting their output to balance supply and demand.

  • In the News

    Williams Moves to Expedite Delivery of Major Northeast Gas Pipeline

    by Victor Adetimilehin June 9, 2024
    by Victor Adetimilehin June 9, 2024

    Williams Cos. seeks to expedite the delivery of natural gas through its major pipeline project in the Northeast US to address rising demand and supply constraints.

  • In the News

    Texas LNG Giant Freeport Sues Contractors Over Faulty Equipment

    by Victor Adetimilehin June 7, 2024
    by Victor Adetimilehin June 7, 2024

    Major liquefied natural gas (LNG) exporter Freeport LNG is embroiled in a legal battle with three contractors over faulty equipment installed at its Texas facility.

  • In the News

    Shell Adjusts 2030 Emissions Target, Prioritizes Profitability

    by Victor Adetimilehin March 15, 2024
    by Victor Adetimilehin March 15, 2024

    Oil giant Shell revised its 2030 carbon emission reduction target, focusing on short-term gains amidst an uncertain energy transition.

  • In the News

    US Climate Goals in Jeopardy as Gas Plants Escape Regulation

    by Victor Adetimilehin March 6, 2024
    by Victor Adetimilehin March 6, 2024

    The US Environmental Protection Agency (EPA) has decided to exclude the existing fleet of natural gas power plants from upcoming carbon emissions regulations, a move that could undermine the country’s …

  • In the News

    Natural Gas Price Crash Threatens US Oilfield Jobs

    by Victor Adetimilehin February 23, 2024
    by Victor Adetimilehin February 23, 2024

    The US oilfield services sector is bracing for more job losses as natural gas prices plummet to their lowest level in more than three years. According to data from the …

  • In the NewsOil & Gas

    Africa’s Energy Future: Nigeria and Morocco Accelerate $30bn Gas Pipeline Project

    by Motoni Olodun January 26, 2024
    by Motoni Olodun January 26, 2024

    Africa is on the verge of a major energy transformation, as Nigeria and Morocco intensify discussions to fast-track the process of achieving the Final Investment Decision (FID) on the $30bn …

  • In the News

    BP’s Trinidad Gas Project on Track for 2025 Approval

    by Victor Adetimilehin January 24, 2024
    by Victor Adetimilehin January 24, 2024

    BP and Woodside Energy are confident that their joint venture in the Calypso deepwater natural gas field off Trinidad and Tobago will get the go-ahead by the end of 2025, …

  • Markets

    Global LNG Shortage to Persist Until 2026, Gas Exporters Warn

    by Motoni Olodun January 23, 2024
    by Motoni Olodun January 23, 2024

    The global market for liquefied natural gas (LNG) is expected to remain tight until 2026, as demand outstrips supply amid the transition to cleaner energy sources, according to the Gas …

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Nigeria’s Oil Boom: Record Production in September 2023

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