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Energy / Natural Gas

Is This Just The First In A Series Of Gas Discoveries For Turkey?

May 31, 2021 at 12:04 | Felicity Bradstock

The discovery of oil in three new wells in Turkey will add significantly to the country’s output, following Turkey’s biggest ever gas discovery just last year.

Russia Is Making A Comeback In This Growing Gas Market

May 17, 2021 at 15:29 | Gerald Jansen

Second year into the pandemic-triggered limbo, many statements that would have seemed quite uncontroversial before COVID pummeled Europe’s energy markets today might seem questionable. Before 2020, Russia was the leading…

Can U.S. LNG Compete In An Increasingly Crowded Market?

May 14, 2021 at 16:58 | Vanand Meliksetian

The global LNG market has witnessed a remarkable period of growth and expansion where the proliferation of liquefaction technology and the rise of renewables has had a positive…

Russian Gas Giant Novatek Presents Answer To U.S. Shale

May 10, 2021 at 16:58 | Simon Watkins

In the same way that the U.S.’s global hydrocarbons power has been turbo-boosted by the rise of its shale energy industry, which began with gas in earnest in 2006 and…

The Biggest Winners From The Texas Freeze

May 06, 2021 at 09:07 | Irina Slav

The cold spell that paralyzed Texas in February benefited companies that produce, distribute and trade natural gas, Reuters has reported, citing interviews and quarterly earnings reports. Among the biggest…

Australian LNG Exports To China Are Bouncing Back

May 03, 2021 at 14:03 | Viktor Katona

The relationship between Australia and China has been going through a difficult period lately. Altercations surrounding the origins of COVID-19 rage on, all the while China has found ways to…

China Snubs U.S. With Huge Iraqi Gas Deal

Apr 29, 2021 at 15:22 | Simon Watkins

The China Petroleum & Chemical Corp. (Sinopec) last week signed a 25-year deal with Iraq’s Ministry of Oil that gives it a 49 per cent stake in the Mansuriya non-associated…

China’s Shale Industry Faces Numerous Challenges

Apr 29, 2021 at 14:59 | Tsvetana Paraskova

China has bet on developing its vast shale gas resources to boost its natural gas supply as demand surges. Despite recent shale production surprises to the upside, China still has…

Egypt Restarts Major LNG Project On Rising Demand

Apr 27, 2021 at 12:04 | Vanand Meliksetian

In the late 90s of the previous century and early years of this century, Egypt in collaboration with international partners started the development of its LNG sector. This resulted in…

EU Admits It Can’t Go Net-Zero Without Natural Gas

Apr 26, 2021 at 14:13 | Irina Slav

Last week saw some much-needed good news for natural gas. The European Union signaled that it would include natural gas in its energy plans for the future, emissions and all.…

The U.S. Could See Record Natural Gas Production In 2022

Apr 23, 2021 at 14:14 | Rystad Energy

Natural gas production in the US is set to grow to a new record in 2022, at 93.3 billion cubic feet per day (Bcfd) and will continue to…

Can Mozambique Defend Its Crucial Gas Assets?

Apr 21, 2021 at 11:46 | Viktor Katona

Mozambique has been rightly considered one of the most promising new frontiers of gas production in the world, the Rovuma Basin that is located along the border of…

Why Natural Gas Won’t Be Replaced Anytime Soon

Apr 20, 2021 at 17:39 | Irina Slav

“Gas will be a repeat of coal but quicker. When we look at power generation, you can see that going really, really quickly.” This is what…

Russia Tightens Its Grip On Europe's Natural Gas Markets

Apr 12, 2021 at 13:05 | Vanand Meliksetian

A much-used proverb says: a good neighbor is better than a distant friend. Nowhere is it more suitable than the EU’s position vis-a-vis its largest and most important neighbor: the…

Qatar Could Throw A Wrench In America’s Ambitious LNG Plans

Apr 09, 2021 at 16:33 | Irina Slav

U.S. domestic demand for natural gas has been falling for a year now, according to EIA data. The authority expects demand will continue down this year as well…

Why Has President Biden Sidelined Natural Gas?

Apr 06, 2021 at 16:53 | Irina Slav

“Build Back Better” was the slogan that accompanied the Biden administration’s initiative for economic recovery after the pandemic. The actual plan that the administration released was titled the “American Jobs…

Qatar Looks To Dominate This Very-Fast Growing Gas Market

Apr 06, 2021 at 14:25 | Viktor Katona

Qatar Petroleum found itself in the limelight of the LNG scene in 2021, having clinched two major deals with Pakistan and China. All the while media buzz around the supply…

Why The Suez Crisis Failed To Disrupt LNG Markets

Apr 05, 2021 at 12:43 | Vanand Meliksetian

On the morning of March 23, the world was shaken by the unfortunate news of the Suez Canal being blocked. At 07.40 local time, the Ever Given ran aground when…

The Most Anticipated Licensing Round Of 2021

Apr 02, 2021 at 16:54 | Viktor Katona

The energy markets have seen several major upsets during the 21st century yet one can state fairly confidently that the market slump of 2020-2021…

U.S. LNG Exports To Asia Hit Record Highs

Apr 02, 2021 at 11:35 | Tsvetana Paraskova

Since the fall of 2020, the United States has significantly boosted its liquefied natural gas exports to the top LNG-importing region, Asia, to the point of setting record highs in…

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