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Natural Gas Fuels Clean Power Generation

Energy Central

The increased use of natural gas in power generation has grown significantly, while at the same time, carbon intensity has fallen, new data from the U.S. Energy Information Administration (EIA) shows: “From 2016 to 2020, the carbon intensity of U.S. power generation fell 18 percent, driven by a shift in the U.S.

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Orsted Sells LNG Unit, But Says Its Natural Gas Business Isn’t Going Anywhere

GreenTechMedia

Danish energy company Ørsted has sold off its LNG unit but will hang on to its gas trading business. The firm, previously known as Danish Oil and Natural Gas, sold its upstream fossil fuels business to Ineos in 2017 and is phasing coal out of its generation mix by 2023.

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How The U.S. Became The World’s Top LNG Exporter

R-Squared Energy

would enter a long-term natural gas crisis for which the only solution was “to pray.” ConocoPhillips and ExxonMobil made large acquisitions of natural gas companies, betting on a future with much higher natural gas prices. natural gas production had begun to decline. By 2005, U.S.

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2020: Fossil fuels are dead, long live the sun

GreenBiz

For years, seven of the top 10 companies on the Dow Jones Index were oil companies until 2016 when most fell out of the top 10, leaving only Exxon. The Institute for Energy Economics and Financial Analysis reported that "the world’s largest publicly traded oil and gas companies shelled out a total of $71.2 Natural Gas.

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Why Are Oil And Gas Production Rising When Rig Counts Are Falling?

R-Squared Energy

oil and natural gas production are both poised to set new annual production records, after monthly production has risen steadily all year. Keep in mind that the rig count is a measure of rigs that are currently drilling for oil and gas. The biggest example of that can be seen in the natural gas rig count.

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Renewables became second-most prevalent U.S. electricity source in 2020, per EIA

Renewable Energy World

according to the Energy Information Administration , coming in second to natural gas at 1,617 billion kWh. Only natural gas produced more electricity than renewables in the U.S. peaked at 2,016 billion kWh in 2007, and much of that capacity has since been replaced by or converted to natural gas-fired generation.

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Comment: Offshore wind needs to increase by 265% to meet govt targets

Envirotec Magazine

However, the price of natural gas in 2022 was adversely affected by disruptions caused by the Russian invasion of Ukraine, and August 2022 represented a maximum price that gas reached in 2022. 2016-2021). It also considers the potential for net imports or exports of energy through interconnectors.