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Energy / Natural Gas

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…

China To Ramp Up Shale Gas Production At Home

Jan 23, 2020 at 11:49 | Haley Zaremba

Despite the fact that United States President Donald Trump declared a truce between the U.S. and China in their more-than-a-year-long trade war in Switzerland this week, we shouldn’t expect to…

The Superpower Energy Project To Watch In 2020

Jan 15, 2020 at 12:17 | Vanand Meliksetian

The year has started well for Russia when it comes to energy. Two large energy projects have been finished, Turk Stream and Power of Siberia, and the third, Nord Stream…

U.S. Gas Giant Downgraded To Junk Status

Jan 14, 2020 at 16:22 | Nick Cunningham

The largest natural gas driller in the United States just announced a massive write-down for its assets, offering more evidence that the shale sector faces fundamental problems with profitability. In…

Why U.S. LNG Can’t Win In Europe

Jan 13, 2020 at 17:05 | Irina Slav

When Washington imposed sanctions on companies, the move drew criticism not just from Russia but from Germany as well. The sanctions, targeting firms building the pipeline that will increase…

Low Gas Prices Crush Appalachia Shale Boom

Jan 09, 2020 at 15:08 | Nick Cunningham

Low natural gas prices have finally brought the decade-long shale gas boom in Appalachia to a halt. Gas production in Appalachia declined by about 1 billion cubic feet per day…

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