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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Natural Gas

Azerbaijan Could Emerge As A Natural Gas Power Powerhouse

May 05, 2017 at 14:31 | Eurasianet

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…

Australian Government Just Shocked The Natural Gas Markets

Apr 28, 2017 at 09:53 | Dave Forest

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…

Why Is China Buying Up These Unprofitable Natural Gas Assets?

Apr 26, 2017 at 10:20 | Dave Forest

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…

Massive Natural Gas Deposit Discovered In The Gulf Coast Basin

Apr 21, 2017 at 10:07 | Irina Slav

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…

Georgia Is Giving Up On Gazprom

Apr 14, 2017 at 12:15 | Eurasianet

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…

Novatek Aims To Dethrone Gazprom With Qatar Deal

Apr 12, 2017 at 12:46 | Nicholas Trickett

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…

This Government Is Drilling A NatGas Project Unlike We’ve Ever Seen

Apr 11, 2017 at 10:08 | Dave Forest

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…

How U.S. LNG Transformed The Market

Apr 07, 2017 at 17:24 | Nick Cunningham

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…

Putin Says Russia Will Become World’s Top LNG Producer

Mar 31, 2017 at 15:44 | Tsvetana Paraskova

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…

Is Haynesville About To Make A Comeback?

Mar 30, 2017 at 14:33 | Tsvetana Paraskova

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…

Asia’s Top LNG Players Forming Buyers Club

Mar 27, 2017 at 14:55 | Oil & Gas 360

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…

Iran vs Russia: The Next Natural Gas War

Mar 06, 2017 at 13:42 | Kent Moors

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…

Could This Be The Biggest NatGas Find Of The Decade?

Mar 06, 2017 at 10:19 | Dave Forest

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…

Can The U.S. Dominate LNG Markets?

Feb 22, 2017 at 16:33 | Gregory Brew

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,

This Oil Major Just Announced A Groundbreaking Asset Sale

Feb 21, 2017 at 09:31 | Dave Forest

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…

LNG Giant Looking To Get In On U.S. Shale

Feb 10, 2017 at 17:09 | Dave Forest

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…

Pipeline Approvals Could Put A Ceiling On Gas Prices

Feb 09, 2017 at 15:39 | Charles Kennedy

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…

Georgia’s Gas Transit Agreement With Gazprom Sparks Unrest

Jan 27, 2017 at 15:49 | RFE/RL staff

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 Infrastructure Push Is Set To Benefit These Companies

Jan 27, 2017 at 15:38 | Dan Dicker

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…

Why Cheap Natural Gas Is History

Jan 23, 2017 at 16:37 | Arthur Berman

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…

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