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U.S. natural gas production drops to 33-month low – IHS Markit

U.S. natural gas production averaged just 70.2 billion cubic feet per day (Bcf/d) during March 2017, dropping monthly gas production to a low not seen in 33 months, according to analysis from analytics firm IHS Markit.

Iran signs 4-month natural gas supply deal with Georgia

Iran signed a four-month deal to supply natural gas to Georgia as officials met in Tehran this week.

BP and Rosneft sign natural gas deal for Europe supply

Rosneft and BP signed an agreement for cooperation in natural gas, the British company said, which will get more Russian supply of the commodity to Europe.

Renewable, natural gas tops solution to energy demand growth until 2040, IEA says

Renewables and natural gas will come out on top in the race to meet energy demand growth until 2040 as a result of major transformations in the global energy system that are expected in coming decades, the International Energy Agency's World Energy…

Gulf states should reform domestic natural gas prices: GI

The Gulf states, the world’s fastest growing demand center for natural gas, will need to create greater incentives to drive investment in new gas supply by removing all government subsidies that fix domestic gas prices at very low levels, a Gulf…

IHI delivers value and solution in natural gas and LNG projects

IHI has been a pioneer has delivered value and solutions in natural gas and LNG projects throughout the world. As a milestone for Japan, we have executed the first LNG storage tank in 1969 with commitment to the country’s prosperity.

Iraq’s KRG settles dispute with Dana Gas consortium

Iraq’s Kurdistan Regional Government (KRG) agreed to a settlement with Dana Gas and partners in a protracted dispute over natural gas projects, which will see KRG immediately pay US$1 billion.

India’s ONGC to pay $1.2 bln for east coast gas field stake

India’s state-run Oil and Natural Gas Corp. (ONGC) has agree to pay almost $1.2 billion for an 80 percent interest in a gas field off the country’s east coast, as it looks to increase local gas production to serve energy demands and reduce imports.

India’s ONGC acquires 80 pct interest in Deen Dayal gas field

India’s state-owned Oil and Natural Gas Corporation (ONGC) said it has completed the US$1.2 billion acquisition of an 80 per cent stake in Gujarat State Petroleum Corp’s (GSPC’s) KG basin gas block.

Encana sells its gas assets in Canada

Encana Corporation has agreed to sell its Piceance natural gas assets, located in northwestern Colorado, to Denver-based Caerus Oil and Gas in a deal worth US$735 million.