The purchase,transport,and sale of natural gas as a commodity with a specific energy value per cubic foot has transformed the natural gas industry from one of a system based on volume measruement to a system based on energy measurement.The following discussion will review the evolution fo the...
To reach its target economic growth of 8 per cent per annum, Myanmar will need as much energy as it can produce. Geological surveys confirm the country has 7.8 trillion cubic feet of proven natural gas reserves, worth about US$75 billion. Though global energy companies have shown great intere...
EQT announced on Monday it will buy all of Rice Energy's shares in a deal worth $6.7 billion. After closing, EQT's output will total 3.6 billion cubic feet per day of natural gas, topping U.S. production by oil major Exxon Mobil and shale drilling pioneer Chesapeake Energy. Shares of ...
A cubic metre (m3) of natural gas releases 2.4kg of CO2e. If a different fuel is used the CO2e released can be found on the internet. The kilowatt hour (kWh) of energy used to run the home can be found from a year’s worth of electricity bills. Ontario’s electricity generation ...
The Chevron-operated Big Foot project uses a 15-slot drilling and production tension-leg platform, the deepest of its kind in the world, and is designed for a capacity of 75,000 barrels of oil and 25 million cubic feet of natural gas per day. (Photo: Business Wire) ...
The American Petroleum Institute has hailed the possibility of Mexico-USA joint projects in the Gulf of Mexico. The reserves in the maritime boundary region are believed to total more than 170 million barrels of oil and 15 million metric tons of natural gas, according to the U.S. Department ...
Natural Gas 1 Cubic Foot (cu.ft.) 950 - 1150 Heating Oil 1 Gallon 139000 Kerosene 1 Gallon 135000 Pellets 1 Ton 16500000 Propane LPG (Liquid Petroleum Gas) 1 Gallon 91330 Propane gas 60oF 1 Cubic Foot (cu.ft.) 2550 Residual Fuel Oil 1) 1 Barrel - 42 gallons 6287000 Wood - air dr...
Methane hydrate - solidified natural gas that is, in effect, fuel-soaked ice found in the ocean bed and under the permafrost of such areas as the Arctic and Alaska. The best US estimates put worldwide deposits of hydrate-bound natural gas at 1100 trillion cubic feet (TCF) on land and ro...
Natural gas Optimise performance with ICIS data, used by the majority of gas market participants as their preferred reference for the most liquid European benchmark (TTF). ❯ Power & renewables Inform your decision-making with reliable short, medium and long-term power forecasts and expert analys...
With total reserves standing at 38 trillion cubic meters, the future of natural gas is very promising in China. Historically, natural gas was regarded primarily as feedstock for the petrochemical industry, and thus its development was given a low priority in China’s energy sector. Today, it ...