Just How Big Is Oil’s Invisible Friend?
The world’s oil majors, beset by intimations of demand for their favorite product leveling off , seek comfort from an invisible friend. Compared to oil and coal, natural gas looks Continue Reading
Rosneft To Buy 30% Stake In Giant Zohr Gas Field
Russia’s oil giant Rosneft has closed the deal to buy from Italy’s Eni a 30-percent stake in the offshore concession in Egypt where the giant Zohr gas field is located, Continue Reading
Panama Canal Authority, shippers work to double LNG capacity
The Panama Canal Authority is working with LNG shippers towards doubling the capacity set aside for LNG vessels by next October, the PCA said Wednesday. The PCA is working towards Continue Reading
LNG Can Play ‘Meaningful Role’ Targeting US Trade Imbalance
US gas exports can improve balance of trade, create jobs and support long-term economic growth. According to the Office of the United States Trade Representative (USTR) , the U.S. goods Continue Reading
Russia’s Gazprom aims for 10 percent of China gas market after 2025
Russia’s biggest natural gas producer Gazprom aims to take a 10 percent share of the Chinese gas market after 2025, a company executive told an energy conference on Wednesday. Gazprom Continue Reading
Another U.S. LNG Export Project To Come Online In Q4
Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, Continue Reading
China’s recoverable shale gas reserves fell by 6 percent in 2016: ministry
China’s technologically recoverable shale gas reserves dropped by 6 percent in 2016, the country’s Ministry of Land and Resources said on Saturday, with no new finds of the unconventional resource Continue Reading
U.S. natural gas prices rise as winter stocks look tight
U.S. natural gas stocks look somewhat tight after low prices this summer worked off the excess stocks that built up in the first half of the year. Current stocks are Continue Reading
US Haynesville gas production hits 4-year high – Natural Gas
Natural gas producers in the US Southeast are beginning to yield dividends from a bid to reverse declining production in one of the region’s seemingly forgotten shale plays. Recent data from Continue Reading
Agency votes to begin effort to ban fracking, horizontal drilling in US basin
A joint federal-state commission on Wednesday voted to move ahead with a rulemaking that would prohibit horizontal drilling and hydraulic fracturing across a large swath of eastern Pennsylvania, as well Continue Reading