The Kremlin has set an…
U.S. natural gas producers and…
Last month, the International Energy Agency said that China will account for 40 percent of the global annual growth in natural gas demand over the next five years. Imports…
Exports outweigh imports in February, April, May: EIA The U.S. has been a net exporter of natural gas for three of the first five months of 2017, according to a…
BP made a potentially groundbreaking discovery in New Mexico, which could open up a new area for shale gas development. BP was drilling in a little-known area in northern New…
New data from the Energy Information Administration (EIA) has brought some good news for advocates of U.S. natural gas production. In three of the first five months of 2017,…
A Russian Security Council commission has recommended breaking down Gazprom’s gas export monopoly in a bid to boost the competitiveness of Russia’s gas, Russian daily Vedomosti reported after seeing…
Natural gas prices plunged earlier this week in a move that looks like the final liquidation by investors who bet on a summer rally. The selling was strong enough to…
A politically turbulent six-year period has impacted the Egyptian business environment, adding a new layer of political risks to investments made across the national economy. Despite this, the outlook in…
While the number of drilled but uncompleted wells (DUCs) in the U.S. oil patch is growing as producers wait for higher oil prices, the shale gas plays have seen the…
Despite being the operator of Russia’s only operating LNG project, Sakhalin II, Gazprom has experienced quite a bit of misfortune with its pursuits. Its flagship endeavor, Shtokman LNG, ran…
Natural gas output from the U.S. shale formations is at a record high. So are recoverable gas reserves, according to the Potential Gas Committee. This sounds like good news…
WASHINGTON: U.S. legislation renewing and tightening sanctions on Russia, stalled in the House of Representatives, was not passed before the U.S. and Russian presidents met at the G20 summit in…
Mexico’s National Center for Natural Gas Control (CENAGAS) conducted its first open season for capacity rights to its natural gas pipeline grid. The auction took place in May 2017. In…
Offshore gas developments in the East Mediterranean region are heating up. Alongside increased exploration efforts and a possible gas pipeline deal between Turkey and Israel, geopolitical risks are increasing too.…
I’ve talked a lot the last few years about America’s increasing natural gas exports to Mexico. With outgoing pipeline shipments from America’s shale plays having more than doubled over the last…
There’s no holding Poland back. A little over a month after it began to divest itself of reliance on Russian gas by taking ownership of the first U.S. shipment, the…
Early this morning (Qatar time), Qatar Petroleum announced it planned to increase production dramatically from its huge North Field in the Persian Gulf. The increase calls for the country’s gas…
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…
Shale gas is not a revolution. It’s just another play with a somewhat higher cost structure but larger resource base than conventional gas. The marginal cost of shale gas production…
Lots of big news in oil and gas this week — including some follow-ups to recent stories I’ve been discussing. Including China’s CNPC further expanding influence in Brazil through…
The shale revolution in the U.S. has led to a boom in domestic natural gas production, to the point that America is expected to become a net exporter of…