GasSupply

Australia Adjusts Natural Gas Shortfall Projections for South Region: A Detailed Look

15 days ago

In a recent development that has significant implications for energy markets, Australia has notably revised its forecast concerning the natural gas shortfall in the southern part of the country. This adjustment, based on the latest assessments of supply and demand, suggests that the anticipated shortfall will be less severe than previously estimated.

The Impact of Revolutionary AI Weather Models on Global Energy Trading

27 days ago

In a transformative moment for the energy sector, the advent of a novel artificial intelligence (AI) weather model is set to significantly alter how the world perceives and engages in the trading of power and gas. This advanced system is designed to provide more accurate and timely weather forecasts, which are crucial for energy markets that heavily depend on atmospheric conditions.

Sasol Faces Challenges Amid Gas Supply and Fluctuating Oil Prices

6 months ago

Sasol Ltd., the South African energy and chemical giant, is currently navigating a complex landscape characterized by volatile oil prices and concerns surrounding sustainable gas supplies. As pressure mounts from various stakeholders to enhance sustainability measures, the company's future profitability and operational stability are being scrutinized.

Nigeria Secures Major Gas Supply Deal for Groundbreaking Methanol Plant

6 months ago

In a pivotal development for Nigeria's energy sector, the Nigerian government has successfully inked a significant agreement to supply natural gas to a newly planned methanol production facility, valued at a staggering $3.3 billion. This strategic move is not only expected to bolster the nation’s economy but also aims to enhance its position in the global methanol market.