follow us like us subscribe contact us
Loading, please wait

Energy / Natural Gas

  • Russia-China Deal Could Kill U.S. LNG Exports

    Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia's largest energy export market. But the move has implications beyond Europe. In the department of everything is connected, U.S. natural gas producers may be seeing their dream of substantial liquefied natural gas (LNG) exports suffer fatal injury because of Russian exports to the Chinese market, a market that was expected to be the largest and most profitable for LNG exporters. Petroleum geologist and consultant Art Berman--who has been…

  • Natural Gas Vehicles See Steady Growth

    While everyone is watching to see how low oil prices will affect U.S. shale drillers, natural gas production continues to rise. Each month, the U.S. posts new production highs (see chart), and 2014 is shaping up to be a record year for natural gas drillers. With production ratcheting upwards, the U.S. has been able to achieve record levels of storage injections, building back inventories after last winter walloped the east coast and depleted supplies. The abundance of natural gas is allowing utilities to increasingly burn the fuel in power plants for electricity – a well-known trend that continues to accelerate.…

  • Russia In Weak Position For New Gas Deal With China

    In a continued shift towards the east, Russia has inked a second major natural gas deal with China. The latest deal, worth a bit less than the landmark $400 billion natural gas deal in May 2014, could see major volumes of natural gas flowing into western China. Exact terms have yet to be agreed upon. What is unique about this deal is that the natural gas will actually come from fields that also service European customers. The move would provide Russia with enhanced flexibility, giving state-owned natural gas company Gazprom the ability to shift natural gas exports from Europe to…

  • Is Big Change On The Horizon For Eurasian Gas Market?

    It has been a chastening few months for gas-rich Turkmenistan. Two long-standing energy buyers have indicated they will stop purchasing the country’s natural gas, potentially leaving Ashgabat dependent on Chinese demand. An ambitious pipeline to India and Pakistan via Afghanistan – dubbed TAPI – could offset Ashgabat’s looming dependence on Beijing. But despite some noise in recent months, the export route looks no more feasible now than it was when first proposed in the 1990s, experts say. Turkmenistan has the fourth-largest gas reserves in the world. But inadequate pipeline infrastructure limits the landlocked country’s export ability. Only the Turkmenistan-China gas…

  • $15 Billion in Pipeline Projects Coming to Appalachia in 2015

    The natural gas boom in the Marcellus Shale region of West Virginia, Ohio and Pennsylvania has resulted in $15 billion in proposed pipeline construction projects. The Atlantic Coast Pipeline, Rover Pipeline, Mountain Valley Pipeline and Leach XPress will distribute natural gas across the country and all are scheduled to begin construction soon, along with smaller pipelines to connect the 4 and transport liquid natural gas from the Marcellus Shale region in Pennsylvania, West Virginia and Ohio to the rest of the country.According to an article in the Wheeling News-Register/The Intelligencer, developers have confirmed the 4 interstate pipeline projects will fall…

  • How Floating Technology Will Revolutionize LNG

    Floating liquefied natural gas (FLNG) technology took center stage this week with the arrival of a major new FLNG ship in Lithuania. The Independence FLNG ship was greeted by onlookers and well-wishers, but the event was also billed as a concrete step towards breaking Europe’s dependence on Russia for natural gas. The Independence will have the capacity to regasify 4 billion cubic meters of natural gas each year, more than enough to meet Lithuania’s entire gas demand with enough left over for other Baltic states. Onshore LNG liquefaction and regasification terminals have been around for years, but FLNG ships are…

  • This Week in Energy: ‘Russian Conspiracy’ Could Help Denton Frack Vote

    All eyes are on a small college town just outside of Dallas, Texas, whose claim to fame is three-fold: It is the home to the Barnett Shale; it is where hydraulic fracturing debuted; and now some fear it could be where fracking meets one of its greatest enemies, while conspiracy theories of Russian infiltration abound.On 4 November, the residents of Denton will vote in a local ballot on whether or not to ban fracking within the city limits, and there is a flurry of activity on this battleground that is not likely to end with the vote itself, but will…

  • The Untapped Potential of the Levant Basin

    The Eastern Mediterranean is an emerging region for natural gas development, and the resources underneath the seabed hold out the promise of an economic bounty to several small countries in the area.Some of the natural gas fields just recently began to flow, but the buzz began back in 2010 when a U.S. Geological Survey report estimated that the Eastern Mediterranean held 1.7 billion barrels of oil and 122 trillion cubic feet of natural gas. Known as the Levant Basin Province, the natural gas deposits stretch from the waters just off the coast of Israel, north to Lebanese and Syrian waters,…

  • Innovation Needed To Provide Zero-Carbon Destination For Gas

    New Nature Piece Tells Us What We Already KnewUse of abundant natural gas across the globe will not “discernably reduce fossil fuel CO2 emissions,” concludes a new research letter in Nature, as increased use of natural gas can displace coal and zero-carbon sources like nuclear and solar. But, as their scenarios assume, if natural gas is the cheapest way to meet that demand growth, we shouldn’t be surprised by this result. A carbon price may help motivate us toward non-fossil sources, but such policies fall short. If natural gas is to truly become a bridge to somewhere, substantial innovation will…

  • Putin Threatens Gas Reduction To Europe

    Russian President Vladimir Putin has assured Western Europe that there won’t be any interruption of natural gas supplies from his country this winter unless Ukraine again tries to meet its own energy needs by stealing fuel from the pipeline running through its territory.“I can reassure you that there will be no crisis that could be blamed on Russian participants in energy cooperation,” the Russian leader said Oct. 16 during a visit to Serbia. He added, however, that “transit risks” are looming.“If we see that our Ukrainian partners, just like in 2008, begin removing gas without permission from the export pipeline…