Natural Gas News – March 15, 2019

By Published On: March 14, 2019Categories: Daily Natural Gas Newsletter

Natural Gas News – March 15, 2019

Natural Gas-Powered Bus Explodes After Colliding With Low Tunnel Overpass

Popular Mechanics reported : What seemed like a smart engineering decision had disastrous results earlier this week, when a bus equipped with a natural gas -powered fuel tank on its roof collided with a low tunnel overpass. The bus was quickly engulfed in flames as a powerful blast swept through the city streets, blowing out its windows and strewing debris everywhere. The Drive spotted video of the incident, which reportedly occurred in Central Stockholm at the Klara Tunnel around 11:25 am on Sunday. Though the scene was chaotic, it wasn’t quite the disaster you’d expect: The bus was out of service at the time, and the only victim was the driver, who escaped with severe burns and was rushed to the hospital, according to the Associated Press. For more on this story visit popularmechanics.com or click https://bit.ly/2Jp9ZyG

Exxon Plans Foray Into Israel Gas Exploration

Oil Price reports: Exxon has plans to enter the Israeli natural gas exploration industry despite the country’s tense relations with its Arab neighbors where Exxon has an established presence, Reuters reports, citing a source with knowledge of the plans. According to the source, Exxon officials had talked with Israeli Energy Minister Yuval Steinitz on the sidelines of CERAWeek in Houston, focusing on an offshore oil and gas auction that Israel has scheduled for this June. Israel made several major gas discoveries offshore during the last decade, but only one of them, Tamar, is already producing. Another large field, Leviathan, is close to completion, with first gas flowing into the market in late 2019, according to a November 2018 Reuters report. The Tamar field contains an estimated 281 billion cu m of natural gas and some 13 million barrels of condensate, according to field operator Delek Group. Delek partners on Tamar’s development with Noble Energy, which holds a 25-percent stake. For more on this story visit oilprice.com or click https://bit.ly/2JeSLUQ

 

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