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Oil Climbs On Major Crude Draw

Energy / Natural Gas

Private Equity Scrambles To Buy Assets In This Emerging Oil & Gas Hotspot

May 24, 2019 at 17:47 | Irina Slav

A little known investment vehicle-based in Cyprus is raising US$5-10 billion for acquisitions of underutilized natural gas assets in the Eastern Mediterranean, Bloomberg’s Yaacov Benmeleh wrote this week, noting…

Trinidad And Tobago Doubles Down On Gas Production

May 24, 2019 at 17:39 | Oxford Business Group

On April 19 the World Bank revised its forecast from earlier in the month, which had predicted that T&T would slip into a recession. In a press release, the international…

Vietnam Is On The Verge Of An Energy Crisis

May 23, 2019 at 12:54 | Tim Daiss

As the U.S. finds itself embroiled in a host of problems around the world, from trying to convince North Korea to come back to the bargaining table, to ramping up…

Japan Moves To Take Over The World’s Largest LNG Market

May 22, 2019 at 11:58 | Tim Daiss

Japan, the world’s largest liquefied natural gas (LNG) exporter, has come a long way in just a few years in formulating an LNG markets playbook. The country has pivoted from…

One Country That Could Win Big From The U.S., China Trade War

May 20, 2019 at 13:38 | Jon LeSage

If China follows through on its retaliatory threat of raising U.S. liquefied natural gas (LNG) tariffs from 10 to 25 percent, U.S. exports will be hit hard…

New York Ditches Gas Pipeline Proposal Despite Soaring Electricity Bills

May 16, 2019 at 09:28 | Irina Slav

In an unsurprising move, the New York state authorities rejected a proposal for a new natural gas pipeline that would have supplied 400 million cu ft of natural gas daily…

Can The U.S. Steal Gas Market Share From Russia?

May 15, 2019 at 12:18 | Haley Zaremba

This week hundreds of industry insiders are heading to Amsterdam for “Europe's largest midstream gas & LNG event”, the 25th annual Flame Conference. The setting for the summit is an…

Russia Could Take Hold Of China’s Entire Gas Market

May 14, 2019 at 14:13 | Tim Daiss

As the trade war between the U.S. and China intensifies, with an increase in tariffs on some $200 billion worth of Chinese goods from 10 percent to 25 percent and…

LNG Shippers Gear Up For Hurricane Season

May 13, 2019 at 12:00 | Irina Slav

U.S. liquefied natural gas exports have been on a steady rise over the past year, especially to Europe, where they surged by 272 percent since July last year. However,…

Bloomberg: LNG Markets Are In For A Wild Ride

May 10, 2019 at 17:27 | Irina Slav

The liquefied natural gas market is in for an exciting five years, with major swings between demand and supply excess, BloombergNEF said in its latest LNG outlook.…

The European Gas Game Is About To Change

May 09, 2019 at 11:47 | Viktor Katona

In terms of oil and gas, post-Soviet nations are currently undergoing a consolidation phase that slowly brings back former partners that have fallen out in 2014-2016. Prices of both oil…

Turkey Steps Up Fight For Gas in Eastern Mediterranean

May 08, 2019 at 15:29 | Nick Cunningham

Turkey said that it plans on drilling for natural gas in Cypriot waters, raising tension in the region and drawing rebukes from the European Union and the United States. The…

Qatar Doubles Down On LNG Expansion Despite Saudi Blockade

May 08, 2019 at 13:33 | Tim Daiss

Tiny gas-rich Qatar is pushing through with its plans to solidify its top spot as the world’s largest liquefied natural gas (LNG) player both in terms of liquefaction capacity and…

EU Promises To Double U.S. LNG Imports Within 5 Years

May 06, 2019 at 15:29 | Irina Slav

The European Union has promised to double its intake of U.S. liquefied natural gas over the next five years with the annual total reaching the equivalent of 8 billion cubic…

This World-Class Shale Frontier Just Opened Up

May 03, 2019 at 16:59 | Tsvetana Paraskova

A region in Australia has recently lifted a moratorium on fracking. Local companies aim to begin this year exploration of what they believe are huge shale gas reserves, potentially capable…

China Invests In Game-Changing Arctic LNG Project

May 03, 2019 at 16:58 | Tim Daiss

Russia’s second largest natural gas producer, independent player Novatek, has signed up key participation from two state-owned Chinese oil majors in its massive Arctic LNG 2 project. The deals were…

Saudis Look To Boost Gas Production In A Big Way

Apr 26, 2019 at 12:53 | Tim Daiss

OPEC de facto leader and the world’s largest oil exporter Saudi Arabia has now officially joined the ranks of the world’s ever-expanding liquefied natural gas (LNG) exporters club. State-owned Saudi…

Does Germany’s LNG Strategy Make Sense?

Apr 23, 2019 at 12:14 | Vanand Meliksetian

Europe’s largest economy is going through a monumental change due to the energy transition or ‘Energiewende’ as it’s called in Germany. Over the years significant amounts of private sector money…

U.S. Energy Exports To Mexico Go Into Overdrive

Apr 23, 2019 at 11:28 | Tim Daiss

Amid the differences between the U.S. and Mexico recently, including different views over immigration and trade, relations in the energy patch continues to expand. In fact, energy trade represented 12…

Did This Gas Major Just Ensure Its Survival?

Apr 19, 2019 at 13:03 | Tim Daiss

Australia’s second largest independent gas producer, Santos Ltd., has posted a Q1 production record. The Adelaide-based company said production for the first quarter ending March 31 rose to a record…

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