Natural Gas
Investors Pulling Out of the Barossa Gas Project Adds to the Uncertainty
Since its announcement, the Barossa gas project has made the news due to legal disputes over its environmental impact, delays, and rising project costs. In the latest blow, prominent investors and financiers are pulling out their support for the project, leaving question marks about the project's future financing and completion.
High Costs and Renewables Surge Weaken Asian Gas Demand Forecasts
Long-term gas demand growth forecasts are starting to show signs of weakness due to energy security issues, national decarbonisation goals and the continuously decreasing costs of renewables.
Southeast Asia’s New Gas Projects Hit Record High, Report Shows
Southeast Asia is ramping up investment in new natural gas fields. However, this new gas emits even more CO2 emissions when used for the region's power sector. Renewables offer both a cheaper and more environmentally friendly alternative.
5 Global LNG Projects 2024
Increasing demand has been driving up LNG prices since 2021. Experts expect that this demand will continue to grow, and without new LNG infrastructure, demand will outstrip supply. Luckily, several major LNG projects are in progress, and more are expected to follow.
5 Biggest Advantages and Disadvantages of Natural Gas
There are several pros and cons to using natural gas. While it is still a fossil fuel, it produces significantly less carbon dioxide than coal and oil. Yet, on the flip side, poor production practices, leaking transportation pipelines, and extreme price volatility raise questions about if it really is worth investing in.
Could the Rise of Vacuum Gas Oil (VGO) Signal the Fall of Oil?
Vacuum gas oil (VGO) is a mix of hydrocarbons produced during the extraction of crude oil. Over several years, the use of VGO has skyrocketed, a sign that the oil industry to fighting to squeeze every bit of efficiency out of their extraction processes.
ASEAN Energy Transition: The Role of LNG
While the oil and gas industry insists that LNG demand will continue growing in upcoming decades mainly due to the economic growth of China and Southeast Asian countries, market experts and analysts claim the opposite, stressing the fuel's energy security and environmental, economic and geopolitical risks.
Top 10 Uses of Natural Gas
Natural gas is increasing in popularity as an alternative to oil and coal. However, it is still a fossil fuel, producing carbon dioxide and methane emissions. The world needs to consider if natural gas is a viable fuel in the long term and should develop alternative renewable infrastructure.
Hydrogen Oil: Green vs Blue, What’s the Difference?
Hydrogen energy is significantly more efficient than fossil fuels. Even more importantly it can be produced in a sustainable way and is considered a "renewable energy" source. Unfortunately, this is not true for all types of hydrogen energy and largely depends on how it is produced.
Environmental Issues in the Philippines and New LNG Projects
The fossil gas expansion in the Philippines, mainly fueled by SMC, is taking place amid the worsening climate and energy crisis. The move risks burdening the nation with high energy costs, unreliable supply, stranded asset risk, increased energy dependency and a devastating impact on the environment.
The Impact on Japan as President Biden Halts LNG Exports From New Plants
While President Biden’s decision doesn’t threaten energy security and short-term deliveries, it is yet another nail in the coffin of the theory that natural gas is the reliable “bridge fuel” the world needs.
Clean Coal vs Renewables: Economic Costs and Gains For Southeast Asia
Despite the subsidies and industry support, Japan’s proposed technologies are struggling to prove promising even at home. Yet, it aims to export them to countries with much more fragile economies and significant challenges. Crunching the numbers reveals that Southeast Asia has a lot to gain if its pursues renewables instead.
Is LNG Clean Energy?
LNG primarily consists of methane, a much more potent greenhouse gas than carbon dioxide. As a result, natural gas does have negative environmental impacts. However, it produces fewer greenhouse gases than coal and oil. This makes it a viable transition fuel, yet it will require strict financial and policy oversight to remain only a short-term fuel source.
The Philippines’ Choice: Going Clean or Going With SMC
The Philippines has immense clean energy potential and has already witnessed the benefits of tapping into it. Whether the government continues in this direction will reveal if its priorities lay with the corporations or the public interest.
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