Oil Price Drop Vanquishes Cutting-Edge Projects
The Prelude, a floating LNG tanker, is one of the first to test a new… The world’s largest energy companies are sidelining big ideas that they touted just a couple Continue Reading
Russian NatGas Mega Project Finds Funding Despite Sanctions
Big news in energy project finance this week, with a mega-project that no one thought could succeed coming through with a massive finance package. That’s the Yamal liquefied natural gas Continue Reading
Gazprom Wants to Turn Bahrain Into A Gas Hub
Russian state-owned oil and gas giant Gazprom is currently working out the matter of creating a liquefied natural gas (LNG) distribution hub in Bahrain. The hub will be meant to Continue Reading
Statoil Sells Marcellus Assets to EQT for $407 Million
The Norwegian oil and gas producer said Monday the divestment includes 62,500 acres of operated properties in West Virginia with a production of about 9,300 barrels of oil equivalent a Continue Reading
Gov. Cuomo Rejects the Constitution Pipeline, Huge Win for the Anti-Fracking Movement
In a win for climate activists and the anti-fracking movement , and a blow to fossil fuel polluters and the federal regulatory agencies that enable them, the New York State Continue Reading
Chesapeake Has Bought Itself Time But Can It Survive?
The last year has been a bumpy one for Chesapeake Energy. When natural gas prices collapsed several years ago, many firms across the industry moved towards liquids as a panacea. Continue Reading
Gazprom questions price mechanisms for LNG
Russian energy company Gazprom said liberalizing the market for liquefied natural gas means contractual talks with China are under threat. Gazprom Deputy Chief Executive Officer Vitaly Markelov said counterparts at Continue Reading
First U.S. Gas Shipment En Route to Europe
A tanker from Louisiana loaded with U.S. natural gas is en route to Portugal, the first shipment in a trade relationship that could shake up the European market. The 970-foot Continue Reading
A Good Day For U.S. LNG As Senate Passes Energy Bill
As recently as a week ago, the energy bill that the U.S. Congress was considering was stalled and faced an uphill battle. But the Senate has sprung into action, and Continue Reading
U.S. natural gas production reaches record high in 2015
Monthly U.S. natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015, an increase of 5% from the previous year, even as Continue Reading