What If Big Oil’s Bet on Gas Is Wrong?
Global gas-fired generation capacity to decline after 2031 Energy giants plan shift from producing oil toward natural gas Talk to a Big Oil executive these days, and the chances are Continue Reading
U.S. on track to be world’s No.2 LNG exporter by end-2022: IEA
LONDON (Reuters) – The United States is on track to have capacity to become the world’s second largest exporter of liquefied natural gas (LNG) by the end of 2022, just Continue Reading
US Shale Gas Booming Despite Global Glut
The United States has led the pack in the shale revolution, profiting more than any other nation . The U.S. enjoys the benefit of having the majority of its wells Continue Reading
The Shale Gas Revolution Is A Media Myth
The marginal cost of shale gas production is $4/mmBtu despite popular but incorrect narratives that it is lower. The average spot price of gas has been $3.77 since shale gas Continue Reading
Germany Is Addicted to Russian Gas
New pipeline would cut costs of shipping gas to western Europe Hearing on local objections scheduled for later this month Hidden by pine forests near the deserted site of what Continue Reading
Doha ends moratorium on North Field development in face of new competition from Tehran
Qatar’s development of its giant North Field, which began more than 20 years ago, propelled the small Gulf state into the position as the world’s largest exporter of liquefied natural Continue Reading
Is BP Shifting Its Focus To Natural Gas?
BP announced highlights of its Q2 2017 exploration activities today, collecting the results of several different projects. Four discoveries representing 17+ Tcf of gas BP reports that it has made Continue Reading
The World’s Largest LNG Buyer Just Completely Reshaped The Market
That’s Japan — home to some of the world’s biggest buyers of liquefied natural gas (LNG), including the world’s #1 consuming firm, Jera. And authorities here aren’t happy about the Continue Reading
Russia’s Rosneft set for global gas tussle with Gazprom
Russia’s Rosneft, the world’s top listed oil producer, wants to supply gas in parts of Europe where Gazprom is not present to avoid the risk of losing those markets to Continue Reading
Largest floating LNG facility sets sail for home field in Australia
A floating production facility that will be used to tap into the natural gas reserves off the coast of Australia has left the shipyard, Shell said Thursday. Shell’s aviation subsidiary Continue Reading