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Energy / Natural Gas

The African Nation That Can’t Get Its Energy Industry Off The Ground

May 21, 2020 at 12:50 | Viktor Katona

The African continent witnessed different reactions to the ongoing period of depressed demand – mature producers like Nigeria and Angola are facing liquidity issues and struggle to keep their 2020…

Will Shale Giant Chesapeake Go Bankrupt?

May 11, 2020 at 10:09 | Tsvetana Paraskova

U.S. shale gas pioneer Chesapeake Energy  said on Monday it was evaluating a Chapter 11 bankruptcy protection reorganization—along with other options--as the low oil and gas prices weigh heavily on…

Qatar Uses Market Mayhem To Secure Top Spot In Global LNG Market

May 08, 2020 at 17:15 | Simon Watkins

Despite – or perhaps because of - the global overhang in liquefied natural gas (LNG) supplies, a weak demand profile, and ongoing uncertainty in the hydrocarbons market overall,…

Is This The End Of The LNG Boom?

May 06, 2020 at 16:55 | Nick Cunningham

The glut of natural gas could lead to more cancelled LNG exports in the next few months. “It is clear that yes we face today people talk lot about the…

Oil Majors Are Abandoning This Key Shale Basin

May 06, 2020 at 13:34 | Tsvetana Paraskova

Royal Dutch Shell announced this week that it was selling its Appalachia shale gas assets for $541 million in a transaction that wouldn’t…

Iran Reaches Production Milestone At World’s Largest Gas Field

Apr 24, 2020 at 17:03 | Simon Watkins

Reaching natural gas production of one billion cubic metres per day (Bcm/d) has been one of the three core hydrocarbons resource strategies of Iran since the Islamic Republic…

China Is Stocking Up On Cheap LNG

Apr 16, 2020 at 11:17 | Vanand Meliksetian

COVID-19 is causing an unprecedented global economic crisis which also affects the LNG industry. In February China’s lockdown seemed to contain the outbreak of the virus but the ensuing pandemic…

Oil Price War Claims Another Victim

Apr 10, 2020 at 15:05 | Alex Kimani

The oil price war has already claimed its first victim. Whiting Petroleum Corp. (NYSE: WLL), once the largest oil and gas producer in North Dakota's Bakken…

Why Civil Rights Activists Are Backing Natural Gas

Mar 31, 2020 at 15:33 | Alex Kimani

The United States has a long-running love affair with natural gas, with fossil fuels acting as the lynchpin in the country's power generation mix

China Produces Record Amount Of “Fire Ice”

Mar 30, 2020 at 13:26 | Irina Slav

In a world awash in oil and gas, you'd think it couldn't get any worse. Well, it can: China just announced that it…

Giant LNG Projects Face Coronavirus Death Or Delay

Mar 17, 2020 at 14:52 | Irina Slav

Plummeting oil prices have been the focus of attention ever since Saudi Arabia and Russia fired the first shots in what analysts see as a potentially devastating oil price war.…

Markets Unfazed By $100 Billion Saudi Shale Plan

Feb 28, 2020 at 17:17 | Charles Kennedy

For a commodity going through one of its worst slumps ever, you would think that a major oil company bringing more of it to an already flooded market would cause…

Aramco To Invest $110 Billion In Huge Gas Field

Feb 24, 2020 at 11:40 | Irina Slav

Aramco plans to invest $110 billion in the development of the Jafurah gas field that is estimated to hold some 200 trillion cu ft of gas, the Saudi press Agency…

Shell Sees LNG Market Returning To Balance By 2021

Feb 20, 2020 at 10:29 | Tsvetana Paraskova

The supply growth of liquefied natural gas (LNG) on the global market is set to slow down later this year and in 2021 when the last of the new projects…

The World’s Top LNG Producer Is In Trouble

Feb 17, 2020 at 15:45 | Cyril Widdershoven

Global LNG markets are struggling with a glut of unprecedented levels. International expansion in Australia, Qatar, Mozambique and Egypt, combined with a continuously strong US shale gas export drive, is…

Can LNG Kill Oil?

Feb 14, 2020 at 17:32 | Irina Slav

Natural gas--the bridge fuel to our renewable future--is cleaner and cheaper than oil. If it’s the clearly green fuel and already widely used to generate power, why isn’t the whole…

Shale Gas Drillers Are Facing A Perfect Storm

Feb 12, 2020 at 16:53 | Nick Cunningham

Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week,…

Why China Shuns U.S. LNG Despite Trade Deal

Feb 12, 2020 at 12:14 | Rystad Energy

An ongoing two-year long trade war between the US and China that has impacted the exports of both countries seemed to be closer to a resolution in January, when the…

China’s Top LNG Buyer Refuses Cargoes Amid Virus Outbreak

Feb 06, 2020 at 10:52 | Tsvetana Paraskova

China National Offshore Oil Corporation (CNOOC), the country’s largest importer of liquefied natural gas (LNG), has declared force majeure on deliveries of LNG cargoes and will not be honoring some…

U.S. To Become Net Oil Exporter This Year: EIA

Jan 30, 2020 at 09:28 | Irina Slav

The United States will become a net oil and oil product exporter this year thanks to continued growth in production combined with slacker domestic demand, the Energy…

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