Gas Consumption in India Soars to 189 MMSCMD
The national gas consumption has risen from 86 million metric standard cubic meters per day in 2007 to 189 MMSCMD in 2024. The national gas pipeline network has increased from 14,000 km in 2018 to 24,881 km in 2024. Aug 21, 2024 The consumption of natural gas in the country has taken a big leap […]
PNGRB Organizes Mega-Stakeholder Interaction on Hydrogen Transmission in Natural Gas Pipelines & City Gas Distribution Networks
PNGRB is planning to utilize natural gas transmission lines for the transportation of green hydrogen bridging the gap between regions with rich renewable energy resources and hydrogen-consuming centers. The total hydrogen demand in India is expected to increase from the current demand of 6 – 7 MMTPA to 16 – 18.5 MMPTA by 2040. Mar […]
European Ports Attract Investors to the Gateway of Clean Energy
The hydrogen plants located in Rotterdam would be linked to refineries at the port via a pipeline network which would be worth nearly EUR 1.5 billion. The EU is planning to finance EUR 16 billion for hydrogen-related projects and will award another EUR 5 billion in aid to key cross-border initiatives around November. Sep 03, […]
Denbury gets Acquired by Exxon Mobil Inc at USD 4.9 Billion
Denbury Incorporation has been acquired through an all-stock transaction, worth USD 4.9 billion, by Exxon Mobil Corporation. This acquisition provides ExxonMobil with the largest owned and operated CO2 pipeline network in the U.S. at 1,300 miles. The transaction is expected to close in the 4th quarter of 2023. Denbury Inc has reportedly been acquired by […]
China Plans 6,000 Km Hydrogen Pipeline Network by 2050; Country Expects Commodity Demand of 100 MTPA by 2060
China will construct a 6,000-kilometer pipeline network by 2050 for hydrogen transportation. The network will help meet the projected demand for hydrogen in China, 100 MTPA by 2060. Currently, China has three hydrogen pipelines, each spanning less than 100 kilometers. Jun 9, 2023 China will construct an extensive 6,000-kilometer pipeline network by 2050 to meet […]