U.S. Natural Gas Futures Reach 21-Month Peak
Natural gas futures in the United States (US) on 7 October rose to its highest point since June 2015 as investors anticipate a boost in demand for the commodity. Gas Continue Reading
Pennsylvania adopts new fracking regulations
Pennsylvania Governor Tom Wolf speaks on the final night of the Democratic National Convention in Philadelphia, Pennsylvania, U.S. July 28, 2016. New regulations governing the extraction of natural gas through Continue Reading
New wave of power plants is fueling U.S. gas demand: Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own) The United States is experiencing a structural increase in gas demand with more gas-fired power stations operating Continue Reading
Statoil completes sale of Marcellus acreage
Norwegian energy company Statoil said it retained some of its shale acreage in the United States, but completed a sale Friday of assets in West Virginia. Statoil said it closed Continue Reading
Natural Gas Falls Ahead of Inventory Report
Natural-gas prices fell Wednesday on concerns that hot weather in the next two weeks will be insufficient to shrink growing stockpiles. The natural-gas market is oversupplied following a winter of Continue Reading
Big Break Through For Small Scale LNG
With the price differential between oil and LNG sending mixed signals to the market, is the time right to look at Small Scale LNG (SSLNG)? Below we outline six key Continue Reading
Is This A Sign That Oil Majors Are Becoming More Bullish
Drilling Rig French oil company, Total SA announced in a press release Friday that it would be exercising the rights to obtain 75 percent of the lease agreements in the Continue Reading
France’s Total Takes Control of Barnett Shale in Texas
A rare Barnett Shale drilling rig, pictured last year. French oil major is now the… Total said on Friday it is exercising its preemption right to acquire the 75% share Continue Reading
Analyst: Northeast NGL Supply/Demand at ‘Crossroads’
Proposed Appalachian Storage Hub might incentivize region’s ethane recovery, petrochemicals investment, says S&P Global Platts analyst. Earlier this week, Rigzone presented an article featuring the perspectives of two prominent supporters Continue Reading
Only Higher Prices Can Prevent The Imminent Natural Gas Bust
One hundred years of natural gas? Not at these prices. U.S. gas production is declining and shale gas output is down almost 2.5 Bcf per day. Production is decreasing while Continue Reading