There are five very good…
The global LNG market could…
Back in 1994, when the so-called “Contract of the Century” was signed, forming an international partnership to develop the giant Azeri-Chirag-Guneshli (ACG) oil field, lots of experts believed that…
Share prices are crumbling, buyers are scrambling, and industry is raging after a shocking turnaround from the world’s largest exporting nation for liquefied natural gas (LNG) yesterday. Australia. As I…
Big surge in oil and gas M&A the last few months. With watchdogs Evaluate Energy reporting that Canadian energy deals have already totaled $32.8 billion in 2017 — nearly…
Technological advancements have just pushed the boundaries of recoverable oil and gas in the U.S. further, according to an announcement by the U.S. Geological Survey. The agency reported that…
In the latest episode in one of the region’s longest-running geopolitical soap operas, Georgian Energy Minister Kakha Kaladze on April 12 announced that, as of this month, Georgia will look only…
From Qatar, with love Qatar’s engagement with Russia didn’t begin with the Qatar Investment Authority’s (QIA) involvement in the privatization of 19.5 percent of Rosneft’s shares. As far back as…
Quick update to my recent story on Libya’s largest oil field shutting down— with reports yesterday suggesting that the Sharara field has once again gone offline following possible…
The global market for LNG is changing quickly, spurred on by new sources of supply from U.S. shale. U.S. natural gas production surged over the past decade, as fracking opened…
Russia’s President Vladimir Putin said on Thursday that the country not only can—but will—become the world’s biggest LNG producer. Although Putin did not specify a time frame for reaching…
Back in early 2011, the Haynesville shale play in east Texas, northwest Louisiana, and southwest Arkansas surpassed the Barnett Shale in Texas as the highest-producing shale gas play in…
Global oversupply in liquefied natural gas has emboldened buyers to push for more favorable contracts. Korea Gas Corp. (KOGAS), Japan’s JERA and China National Offshore Oil Corp. (CNOOC), which collectively…
Not everybody attending the Iranian natural gas summit last week in Frankfurt was there for the same reason. While most were gauging the prospects for an opening of major natural…
Nearly a decade ago, I got interested in finding oil and gas fields from space. That odd-sounding strategy came to me while I was living in Canada’s petro-center, Calgary. And…
American energy exports hit a new high in early 2017, contributing 7 million barrels of crude to markets abroad in the first week of February. Meanwhile,
Back from a great trip through Asia. Where one oil and gas contact told me how profits are surging — with Spanish major Repsol recently concluding that natural gas projects…
The liquefied natural gas (LNG) sector is seeing a lot of activity. Spurred by prices in the key Japanese market hitting a two-year high in recent weeks, averaging $8.40/MMBtu…
Two new pipelines to be built over the next 12-18 months are likely to bring down natural gas prices on the U.S. market just when they were starting to rise…
A new transit agreement reached earlier this month between the Georgian government and Russia's Gazprom on how Georgia will be compensated for the transit of Russian natural gas across its…
Trump’s move this week to restart the building of Keystone XL and the Dakota Access pipelines are an indication of the increasing help infrastructure is likely to get from the…
Natural gas prices averaged a little more than $2.50 per mmBtu (million British Thermal Units) in 2016. Those days are over. Prices will average at least $3.50 to $4.00 in…