Natural gas

Press release - MEPs approve reforms for a more sustainable and resilient EU gas market

Retrieved on: 
Thursday, April 18, 2024
Electricity, Gas, Climate change, Natural gas, EPP, Risk, Fit for 55, S&D, Official Journal, MEP, European Green Deal, Council, Investment, Hydrogen, Legislation, Renewable energy

MEPs approve reforms for a more sustainable and resilient EU gas market

Key Points: 
  • MEPs approve reforms for a more sustainable and resilient EU gas market
    - New directive will help decarbonise the gas sector to tackle climate change
    - MEPs secured measures to protect vulnerable consumers and to ensure transparency
    - EU countries will be able to restrict imports from Russia
    - To shift away from fossil gas, the legislation will promote biomethane and hydrogen
    On Thursday, MEPs adopted plans to facilitate the uptake of renewable and low-carbon gases, including hydrogen, into the EU gas market.
  • In negotiations with Council on the directive, MEPs focused on securing provisions around transparency, consumer rights, and support for people at risk of energy poverty.
  • Unbundling rules for hydrogen network operators will correspond to existing best practices in the gas and electricity market."
  • It includes provisions to facilitate blending hydrogen with natural gas and renewable gases, and greater EU cooperation on gas quality and storage.

Séché Environnement and Waga Energy start up a RNG production unit in North of France

Retrieved on: 
Wednesday, April 10, 2024
Waste management, Opal, Climate, EPA, Methane, CO2, Kilowatt-hour, Natural gas, Sainte-Marie-Kerque, Renewable natural gas, RNG, Renewable energy

Séché Environnement, an international player in the circular economy and environmental services, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas from landfills, have started up a Renewable Natural Gas (RNG) production unit at the Opal Environnement site, a subsidiary of the Séché Environnement group, in Sainte-Marie-Kerque (Northwestern France).

Key Points: 
  • Séché Environnement, an international player in the circular economy and environmental services, and Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas from landfills, have started up a Renewable Natural Gas (RNG) production unit at the Opal Environnement site, a subsidiary of the Séché Environnement group, in Sainte-Marie-Kerque (Northwestern France).
  • The WAGABOX® unit will significantly increase the landfill energy production, providing energy that will help to decarbonize sectors such as transport and industry – still totally dependent on fossil fuels.
  • Maxime Séché, Chief Executive Officer of Séché Environnement, said: "This RNG production plant illustrates the Séché Environnement group’s commitment to circular economy and ecological transition of territories and industries.
  • Mathieu Lefebvre, Chief Executive Officer of Waga Energy, said: "Thanks to the WAGABOX® technology, the Sainte-Marie-Kerque landfill has become a RNG producer, and now supplies the local community with low-carbon energy.

Media Release: Commercial and industrial gas meter modules also achieve EN17526 evaluation certificate

Retrieved on: 
Wednesday, April 10, 2024
Certification, NMI, ISO, Gas, Natural gas, MID, Hydrogen, Safety

Since autumn 2023, the modules for residential gas meters have met the strict criteria of the new harmonized standard EN 17526.

Key Points: 
  • Since autumn 2023, the modules for residential gas meters have met the strict criteria of the new harmonized standard EN 17526.
  • Sensirion’s modules for commercial and industrial gas meters SGM6316 and SGM6325, respectively covering the G10/G16 and G25 flow ranges, are now also certified.
  • The EN 17526 evaluation certificate simplifies and accelerates the process of obtaining MID certification for gas meter manufacturers that use Sensirion’s gas meter modules as a metrological unit.
  • Furthermore, the thermal-mass gas meter modules are both temperature- and pressure-compensated and fully calibrated for natural gas and renewable gases.

【Press Release】PetroChina Achieved Another Record Annual Results

Retrieved on: 
Wednesday, April 10, 2024
EV, Natural gas, Growth, RMB, Ordos, Tarim Basin, Gasoline, PetroChina, Coal, PX, Marketing, Kerosene

Despite the realized oil price dropped by 16.8% year-on-year, the Company’s operating results continued to grow, and achieved record annual results for two consecutive years, underpinned by strengthened resilience of its industrial chain against the changes of macro-factors such as the oil price.

Key Points: 
  • Despite the realized oil price dropped by 16.8% year-on-year, the Company’s operating results continued to grow, and achieved record annual results for two consecutive years, underpinned by strengthened resilience of its industrial chain against the changes of macro-factors such as the oil price.
  • The debt-to-asset ratio was 40.8%, dropped by 1.7 percentage points from the end of last year, the lowest level in 13 years.
  • The annual dividend for the year was RMB 0.44 per share (tax inclusive), representing a dividend payout ratio of 50% with annual dividend payment of approximately RMB 80.53 billion.
  • Achieving another record oil and natural gas equivalent output with more solid foundation for future development.

Waga Energy and Steuben County Commence RNG Production at the Bath Landfill in New York

Retrieved on: 
Wednesday, April 10, 2024
Natural gas, Corning, Carbon, EPA, Kilowatt-hour, Renewable natural gas, RNG

Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, and Steuben County, a county covering 1,397 square miles with a population of approximately 94,000, are producing renewable natural gas (RNG) at the Steuben County Landfill in Bath, New York.

Key Points: 
  • Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas (RNG) from landfills, and Steuben County, a county covering 1,397 square miles with a population of approximately 94,000, are producing renewable natural gas (RNG) at the Steuben County Landfill in Bath, New York.
  • Steuben County is the first municipality in the United States to utilize Waga Energy’s WAGABOX® facility to upgrade its landfill gas into RNG.
  • Waga Energy will operate and maintain the WAGABOX® unit under a 20-year landfill gas rights agreement with Steuben County.
  • Christopher Brewer, Deputy County Manager of Steuben County, said: “We are excited to partner with Waga Energy to develop this renewable natural gas project.

Waga Energy announces the launch of an accelerated bookbuild offering for a minimum amount of €45 million

Retrieved on: 
Wednesday, April 10, 2024
EGM, Natural gas, Growth, Offering, CMA-CGM, Lazard, Partnership, Financial adviser, Sale, IPO, Risk, EPA, Investment, AMF, Calendar, Legal Advisor, Renewable natural gas, Commercial code, RNG, Security (finance)

We now own 20 units in operation, 13 under construction, and with approximately 160 projects in the pipeline.

Key Points: 
  • We now own 20 units in operation, 13 under construction, and with approximately 160 projects in the pipeline.
  • Half of these projects are located in the United States, where we have recently commenced operations at our first facility.
  • This financing will enable us to capitalize on opportunities in this strategic market, where we have won several RFPs in recent months.
  • Waga Energy intends to raise gross proceeds amounting to a minimum of €45 million from the Offering of which €18.3 million have already been committed through the Subscription Commitments.

Williams County Approves the Conditional Use Permit for Cerilon GTL North Dakota

Retrieved on: 
Thursday, April 4, 2024
Engagement, CUP, Natural gas, Risk, Transport, Carbon, Group III, Sustainability, Government, Engineering, GTL, Renewable energy

Calgary, Alberta--(Newsfile Corp. - April 4, 2024) - Cerilon is pleased to announce Williams County's approval of the company's application for a Conditional Use Permit (CUP), an important next step in Cerilon GTL North Dakota's development.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - April 4, 2024) - Cerilon is pleased to announce Williams County's approval of the company's application for a Conditional Use Permit (CUP), an important next step in Cerilon GTL North Dakota's development.
  • "We've worked hard to meet the County's high expectations for the project in its early phases of design and engineering," said Ron Opperman, CEO of Cerilon GTL.
  • Cerilon has proposed an innovative gas-to-liquids (GTL) facility that will transform natural gas into unique, high-performance synthetic products.
  • Cerilon GTL North Dakota is the first larger-scale, natural gas-fed GTL facility in North America.

Bracewell Expands Energy Practice With Addition of Parker Lee in New York

Retrieved on: 
Friday, March 22, 2024
McDermott Will & Emery, Dedman School of Law, Natural gas, History, Science, Carbon, Bracewell LLP, University, Helium, Hydrogen, Ammonia, SMU, Cryptocurrency

New York, New York--(Newsfile Corp. - March 22, 2024) - Bracewell LLP announced today that Parker A. Lee, an accomplished energy transactional lawyer, has joined the firm as a partner in the New York office.

Key Points: 
  • New York, New York--(Newsfile Corp. - March 22, 2024) - Bracewell LLP announced today that Parker A. Lee, an accomplished energy transactional lawyer, has joined the firm as a partner in the New York office.
  • "He is a wonderful addition to our market-leading energy practice, and I'm thrilled to welcome him to the firm."
  • Lee advises strategic companies and private equity and infrastructure funds on M&A, project development and joint venture transactions in the energy and infrastructure industries.
  • He joins Bracewell from McDermott Will & Emery LLP, where he was an energy and projects partner in the New York office.

Cerilon and Chevron Enter into Technology Licensing Agreements for the Production of Superior-Quality Group III+ Base Oils and Ultra-Low Sulphur Diesel at its Gas-To-Liquids (GTL) Facility in Williams County, North Dakota

Retrieved on: 
Wednesday, March 13, 2024
Natural gas, FT, Carbon, Chevron Corporation, Hydrogen, Group III, Lubricant, GTL, Oil

This milestone enables the company to utilize Chevron's proven suite of Hydroprocessing technologies at its foundational Gas-To-Liquids (GTL) facility in Williams County, North Dakota.

Key Points: 
  • This milestone enables the company to utilize Chevron's proven suite of Hydroprocessing technologies at its foundational Gas-To-Liquids (GTL) facility in Williams County, North Dakota.
  • "We're impressed by Chevron's technical capabilities, particularly this technology suite, which has been proven in GTL projects around the globe," said Nico Duursema, CEO of Cerilon.
  • Cerilon's innovative GTL facility will transform natural gas into unique, high-performance synthetic products, including ultra-low sulphur diesel, naphtha and industry-leading Group III+ base oils, top tier products with superior qualities and uses.
  • Cerilon is establishing global, industry-leading partnerships to deliver this pioneering GTL facility, which will be followed by replicated GTL facilities.

Rotmans Consultancy and Energy Rogue Announce Strategic Partnership to Revolutionize Energy Market Insights

Retrieved on: 
Friday, March 29, 2024
Natural gas, Partnership, Marketing, Growth, Goldman Sachs

Denver, Colorado--(Newsfile Corp. - March 29, 2024) - Rotmans Consultancy, a leading provider of data-driven marketing strategies and financial expertise, has announced a strategic partnership with Energy Rogue, the premier co-pilot platform offering insights, advice, and data in the energy market, including Crude Oil and Natural Gas.

Key Points: 
  • Denver, Colorado--(Newsfile Corp. - March 29, 2024) - Rotmans Consultancy, a leading provider of data-driven marketing strategies and financial expertise, has announced a strategic partnership with Energy Rogue, the premier co-pilot platform offering insights, advice, and data in the energy market, including Crude Oil and Natural Gas.
  • This partnership marks a significant milestone in the growth of Energy Rogue as it aims to provide unparalleled market insights and analytics for professionals and traders in the energy sector.
  • Rotmans Consultancy will play a pivotal role in supporting Energy Rogue's data platform and spearheading data-driven marketing and commercialization efforts.
  • Through this partnership, Energy Rogue and Rotmans Consultancy are committed to empowering industry professionals with the tools and insights to make informed decisions, optimize their strategies, and stay ahead in the dynamic energy market landscape.