After about 3 months of higher than normal PG&E bills, customers can expect about a 75% decline in their March bills,” said Escalera. Many natural gas customers may have noticed within the past 3 months their utility bills have been pricer than usual. Evelyn Escalera with PG&E said the cost of natural gas is more […]
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World’s largest rooftop panel installation underway at Falken Tyre’s Thailand plant
The world’s largest rooftop solar panel installation on a single facility, measuring 100,000 square metres – the size of over 18 football pitches – is under construction for Falken at parent company, Sumitomo Rubber Industries (SRI) factory in Thailand. Comprising 40,000 solar panels with a total output of 22MW, the new installation will generate enough […]
AUSTRALIA’S LNG EXPORTS MAY HAVE TO BE DIVERTED TO FEND OFF WINTER GAS SHORTAGE
SYDNEY, March 16 (Reuters) – Australia’s east coast liquefied natural gas (LNG) exporters may need to divert excess gas supply for domestic customers to stave off any potential supply shortages this winter in the country’s south, the energy market operator said on Thursday. Despite increased production commitments from the industry since last year, the supply […]
Energy company drops idea of shipping LNG to Europe, cites associated costs
Spanish energy company Repsol says shipping natural gas to its Saint John terminal would be too costly Spanish energy company Repsol says it won’t be expanding its Saint John LNG terminal to export liquefied natural gas to Europe because the associated costs make the project unviable. Europe faced a serious supply crunch last year as it […]
Growing oil and gas company acquires natural gas interests in Haynesville Shale
(WO) – Verde Bio Holdings, Inc., a growing oil and gas company, has entered into an agreement to acquire revenue producing natural gas interests in the prolific Haynesville Shale of Northern Louisiana, held by a private seller for a purchase price of $425,000 in cash. This interest acquired by Verde currently produces approximately $10,000 per […]