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South Africa Oil Discovery Could Be A Game-Changer

South Africa Oil Discovery Could Be A Game-Changer

A major discovery of hydrocarbons…

Trouble In Paradise For U.S. Frackers

Trouble In Paradise For U.S. Frackers

U.S. shale production has seen…

Energy / Gas Prices

Gas Prices Hit Record Levels for February

Gas Prices Hit Record Levels for February

Feb 15, 2011 at 08:02 | Business Insider

U.S. gasoline prices have jumped to the highest levels ever for the middle of February. The national average hit $3.127 per gallon on Friday, about 50 cents above a year…

How much are gasoline prices weighing on consumers?

How much are gasoline prices weighing on consumers?

Jan 19, 2011 at 12:37 | James Hamilton

On Friday Reuters reported: Rising gasoline prices beat down U.S. consumer sentiment in early January, overshadowing an improved job outlook and passage of temporary federal tax breaks, a survey…

Why Qatar is a Threat to Natural Gas Prices

Why Qatar is a Threat to Natural Gas Prices

Nov 25, 2010 at 11:32 | Dave Forest

The world is seeing an unprecedented build-out in liquified natural gas (LNG) capacity. Look at the chart below, from energy advisors Point Carbon. In 2009, worldwide LNG export capacity rose…

Gas Producers Go to the Dark Side

Gas Producers Go to the Dark Side

Apr 06, 2010 at 19:00 | Dave Forest

It's finally happening. Gas producers are starting to crack. With the natural gas to oil price ratio running at a nearly-unprecedented 21-to-1 ($86.80 per barrel for crude versus $4.12 per…

Shell's China Connection Grows Stronger with Another New Gas Venture

Shell's China Connection Grows Stronger with Another New Gas Venture

Mar 25, 2010 at 15:27 | Darrell Delamaide

Royal Dutch Shell further intensified its relationship with China in a new 30-year accord to appraise and develop tight gas reserves in the Sichuan basin. The new project in the…

Shell, PetroChina bid for Australian coal gas producer as Asia seeks energy resources

Shell, PetroChina bid for Australian coal gas producer as Asia seeks energy resources

Mar 10, 2010 at 02:08 | Darrell Delamaide

PetroChina joined with Royal Dutch Shell in a bid for Australian coal-seam gas producer Arrow Energy as Asian countries scramble for a stake in the vast energy resources at their…

Chevron to Seek Shale Gas in Poland as Europe Focuses on Unconventional Reserves

Chevron to Seek Shale Gas in Poland as Europe Focuses on Unconventional Reserves

Mar 08, 2010 at 22:01 | Darrell Delamaide

Chevron has acquired exploration rights for four shale gas concessions in southeastern Poland, the U.S. oil giant said in a recent SEC filing, joining other international companies in the hunt…

Gazprom Finally Accepts that Shale Gas Has Changed the World

Gazprom Finally Accepts that Shale Gas Has Changed the World

Mar 03, 2010 at 17:46 | Dave Forest

The Russian gas giant this week said it will allow up to 15% of its gas sales to Europe to be sold at spot gas prices on the continent. This…

Exxon's Built in Escape Hatch From the Shale Gas Game

Exxon's Built in Escape Hatch From the Shale Gas Game

Dec 29, 2009 at 20:36 | Dave Forest

ExxonMobil's buyout of XTO Energy was the story of December. It might be the story of 2009. But equally important are the details now emerging about the deal. Particularly the…

EIA Data Points to a Bullish Gas Market

EIA Data Points to a Bullish Gas Market

Oct 17, 2009 at 15:19 | Joseph Dancy

Last week the Energy Information Administration released their ‘EIA-914’ report on natural gas production in the U.S. for the month of July. Production decreased 0.7 bcf/day from the previous month—a…

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