China’s giant straw…

The government of China has resolved to adopt cleaner energy, by cutting back on coal after President Xi Jinping made a cleaner environment a key priority at the last Communist party congress. This has sucked up global supplies of gas, pushing up the price drastically.

Read more here: https://www.wsj.com/articles/china-sucks-gas-out-of-global-market-amid-shift-from-coal-1516703401

New Gas discovery in Morocco

A gas discovery has been made at the ONZ-7 development well in Morocco. The well which exceeded initial reservoir quality expectations will be completed, tested and connected to existing infrastructure. Read more here: http://www.worldoil.com/news/2018/1/23/sdx-energy-strikes-more-gas-in-moroccos-hoot-formation

GAS projects taking us GLOBAL!

A natural gas company in Russia, Novatek, has presented its major projects in the grand Artic, which includes the Yamal LNG project. “Theseprojectsaremakingusgoglobal”, the Deputy Director of the Novatek LNG projects department, BjørnGundersen said during a presentation. Read more here: https://thebarentsobserver.com/en/industry-and-energy/2018/01/we-are-making-murmansk-world-leader-oil-and-gas-says-novatek-0

Nobody likes earthquakes afterall…

The government of Netherlands has instructed two hundred of the biggest companies in Netherlands to stop sourcing fuel from a major Dutch gas field. This is due to seismic activity in the gas rich field in recent years. Read more here: https://www.theguardian.com/environment/2018/jan/23/gas-field-earthquakes-put-netherlands-biggest-firms-on-extraction-notice