Natural gas

Global Liquefied Natural Gas Markets, 2016-2019 & 2020-2027: Growing Focus on Expansion and Development of Gas Pipeline Infrastructure

Friday, September 25, 2020 - 6:15pm

The global liquefied natural gas market demand is expected to reach 560.19 million tons by 2027, expanding at a CAGR of 5.8% from 2020 to 2027.

Key Points: 
  • The global liquefied natural gas market demand is expected to reach 560.19 million tons by 2027, expanding at a CAGR of 5.8% from 2020 to 2027.
  • Growing focus on expansion and development of gas pipeline infrastructure and rising demand for LNG across downstream industries are the main propelling factors for the liquefied natural gas (LNG) market.
  • Decline in liquefied natural gas prices, along with the implementation of supportable government regulations and guidelines, which are attracting tax schemes and FDIs, is also beneficial for market growth.
  • Asia Pacific remains the chief center of demand and altogether it accounted for over 50% of the global liquefied natural gas imports in 2018.

New Jersey Natural Gas Files to Expand Energy-Efficiency Programs for Customers

Friday, September 25, 2020 - 4:53pm

Building on its decade-long record of leadership in running energy-efficiency programs, New Jersey Natural Gas (NJNG) today filed a proposal with the New Jersey Board of Public Utilities (BPU), seeking to significantly expand its offerings to help customers save money, manage their energy usage and reduce emissions.

Key Points: 
  • Building on its decade-long record of leadership in running energy-efficiency programs, New Jersey Natural Gas (NJNG) today filed a proposal with the New Jersey Board of Public Utilities (BPU), seeking to significantly expand its offerings to help customers save money, manage their energy usage and reduce emissions.
  • NJNGs strong focus on running successful energy-efficiency programs has helped reduce its average customers gas consumption by 12% since 2006.
  • NJR is composed of five primary businesses:
    New Jersey Natural Gas, NJRs principal subsidiary, operates and maintains over 7,500 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jerseys Monmouth, Ocean, Morris, Middlesex and Burlington counties.
  • NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.

Global LNG To Play Large Role In Taleveras Future Plans

Friday, September 25, 2020 - 8:00am

At the South Asian Gas and Power Round table event on Wednesday, Carolina Bermudez, a senior executive at Taleveras stated that global LNG demand would expand significantly by the mid -2030s.

Key Points: 
  • At the South Asian Gas and Power Round table event on Wednesday, Carolina Bermudez, a senior executive at Taleveras stated that global LNG demand would expand significantly by the mid -2030s.
  • Taleveras said it is still looking to cement its role as Africa's leading independent trader of Liquefied Natural Gas, the fastest growing fossil fuel.
  • Taleveras said it plans to increase and expand its supply sources of LNG in other to maintain a vibrant portfolio toaccomodate such demand growth.
  • Taleveras believes LNG trade demand will grow at an average of 3.4% a year between 2019 and 2040.

GLNG CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Golar LNG Limited

Friday, September 25, 2020 - 6:11pm

Glancy Prongay & Murray LLP (GPM) announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York captioned Zarabi v. Golar LNG Limited, et al., (Case No.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM) announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York captioned Zarabi v. Golar LNG Limited, et al., (Case No.
  • 20-cv-07926) on behalf of persons and entities that purchased or otherwise acquired Golar LNG Limited (Golar or the Company) (NASDAQ: GLNG ) securities between April 24, 2020 and September 24, 2020, inclusive (the Class Period).
  • Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the Exchange Act).
  • Investors are hereby notified that they have 60 days from the date of this notice to move the Court to serve as lead plaintiff in this action.

Chart Industries, Inc. Recognized as Global Leader in the Clean Energy Transition

Thursday, September 24, 2020 - 9:05pm

Jill has also been named to the 2021-2022 National Association of Manufacturers (NAM) Board of Directors.

Key Points: 
  • Jill has also been named to the 2021-2022 National Association of Manufacturers (NAM) Board of Directors.
  • Chart will contribute to the work of the Alliance through its over 50 years of liquid hydrogen equipment and solution experience.
  • Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets.
  • Being at the forefront of the clean energy transition, Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas and CO2 Capture amongst other applications.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Golar LNG Limited (GLNG) on Behalf of Investors

Thursday, September 24, 2020 - 9:00pm

Law Offices of Howard G. Smith announces an investigation on behalf of Golar LNG Limited (Golar or the Company) (NASDAQ: GLNG ) investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of Golar LNG Limited (Golar or the Company) (NASDAQ: GLNG ) investors concerning the Companys possible violations of federal securities laws.
  • On September 24, 2020, Bloomberg reported that the Eduardo Navarro Antonello, the CEO of Golars power unit, Hygo Energy, was involved in a bribery network in Brazils Operation Car Wash.
    On this news, the Companys share price fell as much as 27% in intraday trading on September 24, 2020, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200924005867/en/

The Law Offices of Frank R. Cruz Announces Investigation of Golar LNG Limited (GLNG) on Behalf of Investors

Thursday, September 24, 2020 - 7:56pm

The Law Offices of Frank R. Cruz announces an investigation of Golar LNG Limited ("Golar" or the "Company") (NASDAQ: GLNG ) on behalf of investors concerning the Companys possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of Golar LNG Limited ("Golar" or the "Company") (NASDAQ: GLNG ) on behalf of investors concerning the Companys possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Outlook on the Worldwide Activated Alumina Market to 2025 - Increased Demand from Oil & Gas and Water Treatment Industries - ResearchAndMarkets.com

Thursday, September 24, 2020 - 3:30pm

Various government regulations for treating effluents coupled with the growing demand for clean water from densely populated countries is significantly spurring the demand.

Key Points: 
  • Various government regulations for treating effluents coupled with the growing demand for clean water from densely populated countries is significantly spurring the demand.
  • The rising scarcity for potable water coupled with the growing population and increasing water demand are the major concerns which are driving the demand for market studied.
  • In the oil & gas Industry, the product is used in the adsorption of water from natural gas streams.
  • Rising expenditure in water treatment infrastructure, combined with the increasing demand for gaseous and liquid drying in the oil & gas industry, will accelerate the activated alumina market.

Range Anchors Ethane Supply for Appalachia Polyethylene Complex

Wednesday, September 23, 2020 - 11:00am

Range views this project as a win-win-win for Range, PTTGCA and the many communities in the Northeast that will benefit from the economic boost this facility provides.

Key Points: 
  • Range views this project as a win-win-win for Range, PTTGCA and the many communities in the Northeast that will benefit from the economic boost this facility provides.
  • Importantly, for Range, ethane supplied to PTTGCA will be sourced from existing natural gas production and NGL processing facilities with the benefit of no additional transportation required.
  • The proposed polyethylene complex will represent one of the largest manufacturing investments in recent history for Appalachia.
  • Range will supply 15,000 barrels per day of ethane to a facility that includes an ethylene cracker with ethane feed capacity of 100,000 barrels per day and multiple facilities for creating ethylene derivative products to supply demand in the Northeast.

Global Liquefied Natural Gas Market Report 2020-2027: Focus on Transportation Fuel & Power Generation - ResearchAndMarkets.com

Wednesday, September 23, 2020 - 10:09am

The "Liquefied Natural Gas Market Size, Share & Trends Analysis Report by Application (Transportation Fuel, Power Generation), by Region (North America, Europe, APAC, Central & South America, MEA), and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Liquefied Natural Gas Market Size, Share & Trends Analysis Report by Application (Transportation Fuel, Power Generation), by Region (North America, Europe, APAC, Central & South America, MEA), and Segment Forecasts, 2020 - 2027" report has been added to ResearchAndMarkets.com's offering.
  • The global liquefied natural gas market demand is expected to reach 560.19 million tons by 2027, expanding at a CAGR of 5.8% from 2020 to 2027.
  • Growing focus on expansion and development of gas pipeline infrastructure and rising demand for LNG across downstream industries are the main propelling factors for the liquefied natural gas (LNG) market.
  • Asia Pacific remains the chief center of demand and altogether it accounted for over 50% of the global liquefied natural gas imports in 2018.