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Energy / Natural Gas

Shale Growth in other Nations: How Realistic is it?

Aug 22, 2012 at 12:28 | Gary Hunt

American leadership in developing horizontal drilling and hydraulic fracturing used in shale oil and gas plays is spreading around the world making it possible to extract previously uneconomic oil and…

Is BHP Suffering After Buying Overpriced US Shale Gas Assets?

Aug 15, 2012 at 17:35 | The Oil Drum

Australian mining giant BHP has lost a quarter of its former market capitalization since its acquisition of US shale acreage from Petrohawk and Chesapeake last year. The company is keen…

Why Gas Producers Are Getting Crunched by the Shale Boom

Jul 25, 2012 at 15:58 | Keith Schaefer

North America's shale drilling revolution is taking a toll on natural gas producers.The reason?  The shale boom has generated a tremendous oversupply of Natural Gas Liquids (NGLs) –…

The Fuel Revolution that is Changing the World - and Us

Jul 23, 2012 at 17:34 | Llewellyn King

Colourless, odourless natural gas is changing the world geopolitically and economically in ways undreamed of even five years ago.It is a giant upheaval of which President Obama is…

Nationwide Mutual Declines to Cover Fracking

Jul 20, 2012 at 17:43 | John Daly

Nationwide Mutual has become the first insurance company to decline coverage for claims related to hydraulic fracturing, a controversial energy production known as “fracking.” In a press statement “FOR…

Natural Gas is the Next Logical Step in US Energy

Jul 20, 2012 at 17:30 | Barry Stevens

The term “logical” may not be strong enough – “only” is certainly more appropriate. The story however remains the same. We are finding more reserves of natural gas, drilling more,…

A "Shocking" Shut-in Scenario for Canadian Natural Gas

Jul 17, 2012 at 17:26 | Keith Schaefer

Canada is full of natural gas. The country's gas storage market is near capacity, in fact -- much earlier than normal in the current gas injection season.

Study Proves Natural Gas Can Bridge the Gap to a Clean Energy Economy

Jul 17, 2012 at 17:15 | Futurity

Natural gas is a good transition step on the road to greener energy sources like wind, solar, and nuclear power, says a new study.Lawrence M. Cathles, Cornell…

Lithuania's New LNG Terminal will Remove their Dependence on Russia

Jul 13, 2012 at 17:41 | Geopolitical Monitor

With help from the European Commission, Lithuania is casting off its Soviet-era dependence on Moscow and looking towards the EU for its future energy security.In June 2009, eight…

The Shocking Truth Behind Chevron's Gas Rig Fire off the Coast of Nigeria

Jul 12, 2012 at 17:36 | James Burgess

Four transcripts have been handed to Reuters of official accounts from workers who were aboard Chevrons natural gas rig on the 16th of January 2012, when a blowout killed…

Angola Builds Africa's First LNG Terminal - Good News - for Some

Jul 02, 2012 at 16:15 | John Daly

Angola has scored Africa’s first liquefied natural gas terminal. In May Angolan state oil company Sonangol announced that the LNG tanker Sambizanga had arrived to test gas loading and…

Eurozone Crisis Impacts Cyprus's Natural Gas Dreams

Jun 29, 2012 at 16:23 | John Daly

Cyprus, thrilled to be taking over presidency of the European Union on 1 July, has a more immediate problem. Several of the largest banks there last month were essentially downgraded…

Greece's New Centrality - and Dilemmas - in Energy

Jun 22, 2012 at 17:23 | Defense and Foreign Affairs

Greece began assuming a new geopolitical significance in May and June 2012 as the “energy war” — or “pipeline war” — between US and Russian interests took on a new…

Polish Shale Ambitions Fine Without Exxon

Jun 19, 2012 at 17:25 | Daniel J. Graeber

Exxon Mobil this week said it was abandoning its shale natural gas ambitions in Poland. Warsaw aims to tap into its shale deposits in an effort to break the…

China Turns to Natural Gas to Fuel their Economic Growth

Jun 19, 2012 at 17:19 | Saltanat Berdikeeva

A New Role of Natural Gas in China’s Energy MixThe Chinese economy has grown by an average of 10 percent a year over the past two decades, crossing…

Propane Prices: (Dis)United, Consumers Stand

Jun 18, 2012 at 19:26 | Charles Kennedy

The natural gas boom and climate change that saw a milder winter and lower demand for propane and resultant over-supply have all helped to bring down propane prices, but the…

Apache Corp Make the World's Largest Shale Gas Discovery in British Columbia

Jun 18, 2012 at 19:16 | Brian Westenhaus

American oil and gas prospector Apache Corp stunned natural gas investors Thursday June 14, 2012 with a natural gas discovery announcement, the main point of which is, “…

Azerbaijan & Turkey Deepen their Energy Ties

Jun 11, 2012 at 17:47 | John Daly

Petro-rich oil state Azerbaijan has decided to invest some of its billions in neighbouring Turkey.On 7 June State Oil Company of Azerbaijan (SOCAR) Vice President Suleyman Gasimov told…

Natural Gas Storage is Vital for Future Industry Growth

Jun 11, 2012 at 17:45 | Barry Stevens

I’d like to share a recent statement by the Keith Hutton, CEO of XTO Energy, a major natural gas exploration and development company in Texas recently acquired by Exxon Mobil.

Developing Natural Gas Technologies to Replace Crude Oil

Jun 11, 2012 at 17:00 | James Hamilton

Here's a promising story for the U.S. economy.The figure below plots the price of crude oil in dollars per barrel and the price of natural gas on an…

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