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Natural Gas

BP mulling IPO of US Midwest and Gulf Coast pipeline assets

(Reuters) — BP Plc is considering an initial public offering of its vast US Midwest and Gulf Coast pipeline assets, the company said on Tuesday, a move that would raise cash.

Saudi Aramco's 2016 oil reserves slip, gas up

KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco said on Thursday its recoverable crude oil and condensate reserves slipped to 260.8 Bbbl at the end of 2016 but its daily crude oil production hit a new record of 10.5 MMbpd.

EIA: Even as renewables increase, fossil fuels continue to dominate US energy mix

Fossil fuels have provided more than 80% of total US energy consumption for more than 100 years. Since 1928, when consumption of natural gas surpassed that of biomass, the three fossil fuels—petroleum, natural gas, and coal—have been the most consumed fuels in the United States. In 2016, fossil fuels accounted for 81% of total US energy consumption, the lowest fossil fuel share in the past century.

India's oil imports from Iran plunge over gas field row

NEW DELHI (Reuters) — India's oil imports from Iran have fallen to their lowest since June 2016, shipping data shows, in possible retaliation for Tehran not awarding a gas field development to Indian companies.

BP Statistical Review shows long-term shifts underway

The 2017 edition of the BP Statistical Review of World Energy shows global energy markets continuing to undergo long-term changes as they also adapt to nearer-term price challenges.

EIA: US remains the world’s top producer of petroleum, natgas hydrocarbons

The US remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.

India moving beyond oil as seeks alternatives to OPEC

VIENNA/NEW DELHI (Reuters) — OPEC production cuts and the prospect of more expensive oil are pushing India to consider US and Canadian suppliers, as well as encouraging it to turn to renewable energy, the country's petroleum and natural gas minister said on Monday.

India to cut Iranian oil purchases in row over gas field

NEW DELHI (Reuters) -- Indian state refiners will cut oil imports from Iran in 2017/18 by a fifth, as New Delhi takes a more assertive stance over an impasse on a giant gas field that it wants awarded to an Indian consortium, sources familiar with the matter said.

Honeywell UOP scientists recognized for methanol-to-olefins technology

DES PLAINES, Ill. – Honeywell UOP announced that the American Institute of Chemical Engineers’ Fuels and Petrochemical Division has recognized four of its scientists with the 2016 Industrial Research & Development Award for the development and commercialization of the UOP Advanced Methanol-to-Olefins process.

EMGC '17: Prospects for accelerating gas trade and regional energy cooperation

Hydrocarbon Processing Staff: Blume, Adrienne

NICOSIA—Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the world's primary event for discussing the forces shaping gas industry development in the Eastern Med, continued on March 15.