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Significant potential for growth in LNG-to-power sector in Southeast Asia: interview

2 months ago | naturalgasworld.com | Shardul Sharma

There is a huge potential for growth in LNG-to-power sector in Southeast Asia driven by factors like rising energy demand, energy diversification, and energy transition goals.
Chevron, Engine No. 1 to develop gas-fired power plants for AI

2 months ago | naturalgasworld.com | Dale Lunan

Partnership plans to develop up to 4 GW of capacity, based on GE Vernova turbines, as off-grid power solutions for new data centres. [Image: GE Vernova]Investment firm Engine No. 1 and US major Chevron said January 28 they had partnered to develop scalable and reliable gas-fired power solutions for US data centres. Early actions ...
Blackstone to acquire DC-area gas-fired power plant

Jan 24, 2025 | naturalgasworld.com | Dale Lunan

The Potomac Energy Center in Virginia is close to more than 130 data centres, with growth expected. Alternative asset manager Blackstone said January 24 its Blackstone Energy Transition Partners had agreed to acquire the gas-fired 774-MW Potomac Energy Cen...
Kinder Morgan earnings climb on strong natural gas demand

Jan 23, 2025 | naturalgasworld.com | Dale Lunan

US energy infrastructure company Kinder Morgan (KM) on January 22 reported net income in Q4 2024 of $667mn, up 12.3% from $594mn in the same period a year earlier and attributed the improvement to increased contributions from its natural gas pipelines business and from its products pipelines and terminals segments. ...
O’Leary’s “Wonder Valley” just the tip of data centre potential

Jan 20, 2025 | naturalgasworld.com | Dale Lunan

Venture capitalist Kevin O’Leary has plans for a massive AI data centre project in northern Alberta that he calls Wonder Valley. But that ambitious project is just the tip of what might come. by: Dale Lunan In early December, Kevin O’Leary – “Mr Wonderful” of Dragon’s Den and Shark Tank fame – opened the eyes of North America’s growing data centre market with news he plans to develop a massive 7.5 GW campus in northern Alberta powered by natural gas, with some geothermal potential in the future.
Western LNG secures US$150mn to support Ksi Lisims LNG

Jan 14, 2025 | naturalgasworld.com | Dale Lunan

Private placement will assist Western LNG and its partners as they look forward to a final investment decision later this year. [Image: Kai Lisims LNG]Western LNG, the Houston-based developer leading the proposed 12mn tonnes/year Ksi Lisims LNG project in northern BC, said January 14 it had completed a US$150mn private placement of equity securities to support the development of both Ksi Lisims and the Prince Rupert Gas Transmission (PRGT) project. The private ...
Equinor tops Norwegian Continental Shelf licensing round

Jan 14, 2025 | naturalgasworld.com | Dale Lunan

Others earning production licences in APA2024 include Aker BP and Var Energy. [Image: Equinor]Equinor said January 14 it had been awarded 27 new production licences by Norway’s Ministry of Energy in the latest Awards in Predefined Areas (APA) licensing round, which saw a total of 53 licences awarded to 20 companies. Eq...
Another Trudeau, another walk in the snow

Jan 13, 2025 | naturalgasworld.com | Dale Lunan

Some 30 years after his father, Pierre Elliot Trudeau, used a snowy stroll to reach his decision to resign as Canada’s prime minister, Justin Trudeau took a similar – albeit much shorter – walk to end a decade of darkness in Canadian politics.
Clean Hydrogen Rules Retain Strictness, But Market Demand Is Still in Doubt

Jan 13, 2025 | naturalgasworld.com | John Quigley

Clean Hydrogen Rules Retain Strictness, But Market Demand Is Still in Doubt Last week, after a year of intense lobbying and 30,000 comments, the Biden administration finalized regulations governing production tax credits authorized by the Inflation Reduction Act of 2022 for a new U.S. industry—the production of “clean hydrogen” by using wind, solar, or other low-emission sources of electricity.
Glenfarne confirms plan to lead Alaska LNG development

Jan 9, 2025 | naturalgasworld.com | Dale Lunan

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