Natural gas news
Here are some recent natural gas news updates:
Global Natural Gas Market
- The global natural gas market is expected to grow at a CAGR of 3.5% from 2023 to 2030, driven by increasing demand for cleaner energy sources and declining costs of production. (Source: Grand View Research)
- The International Energy Agency (IEA) has warned that the world's natural gas reserves are declining faster than expected, and that new discoveries are needed to meet growing demand. (Source: IEA)
US Natural Gas Market
- The US natural gas market is expected to continue to grow, driven by increasing demand from power generation and industrial sectors. (Source: Energy Information Administration)
- The US Energy Information Administration (EIA) has reported that natural gas production in the US reached a record high in 2022, with production averaging 93.2 billion cubic feet per day. (Source: EIA)
- The US natural gas pipeline network is expected to continue to expand, with new projects and expansions planned to meet growing demand. (Source: Pipeline & Gas Journal)
LNG and Export News
- The global liquefied natural gas (LNG) market is expected to continue to grow, driven by increasing demand from Asia and other regions. (Source: Bloomberg)
- The US is expected to become a major LNG exporter, with several new projects planned or under construction. (Source: LNG Industry)
- The Australian government has approved a new LNG project in Western Australia, which is expected to produce 8.6 million tonnes of LNG per year. (Source: Australian Government)
Environmental and Regulatory News
- The US Environmental Protection Agency (EPA) has proposed new regulations to reduce methane emissions from natural gas operations. (Source: EPA)
- The European Union has proposed new rules to reduce methane emissions from natural gas operations, as part of its efforts to meet its climate goals. (Source: European Commission)
- The International Association of Oil and Gas Producers (IOGP) has launched a new initiative to reduce methane emissions from natural gas operations. (Source: IOGP)
Company News
- ExxonMobil has announced plans to invest $20 billion in natural gas projects over the next five years. (Source: ExxonMobil)
- Chevron has announced plans to invest $10 billion in natural gas projects over the next five years. (Source: Chevron)
- ConocoPhillips has announced plans to invest $5 billion in natural gas projects over the next five years. (Source: ConocoPhillips)
These are just a few examples of recent natural gas news updates. If you're looking for more information or specific updates on a particular topic, feel free to ask!