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Energy / Natural Gas

Top U.S. Gas Producer Looks To Ditch Major Shale Assets

Nov 13, 2019 at 13:01 | Tsvetana Paraskova

Leading Haynesville basin producer Comstock Resources is in discussions to buy the Haynesville assets of Chesapeake Energy in Louisiana, Reuters reported on Wednesday, citing people with knowledge of the…

The Birth Of An LNG Superpower

Nov 11, 2019 at 17:09 | Simon Watkins

Given Iran’s huge natural gas reserves, its new-found rapprochement with fellow gas supergiant Qatar, and Russia’s strategy to expedite the ‘Gas OPEC’ global supply and pricing cartel, Tehran’s plans…

Is The U.S. Gas Boom Already Over?

Oct 14, 2019 at 11:13 | Irina Slav

Natural gas production in the Marcellus and Utica shale plays is growing at a slower pace than before as low prices persist, but demand has yet to catch up to…

Iran Makes Huge Natural Gas Discovery - Could Power Tehran For 16 Years

Oct 09, 2019 at 10:51 | Irina Slav

Iran’s state oil company has struck natural gas at a new deposit, according to a report in PressTV, quoting another report from news agency Fars. According to PressTV,…

World’s Leading Nat Gas Producer Is About To Get Even Bigger

Oct 04, 2019 at 16:22 | Oxford Business Group

On September 9 Saad Sherida Al Kaabi, minister of energy as well as president and CEO of state-owned Qatar Petroleum (QP), announced that the country had shortlisted a number of…

Europe’s Gas Demand Soars As Dutch Giant Folds

Oct 02, 2019 at 12:48 | Rystad Energy

Europe’s energy landscape will be completely changed once the Dutch shut down the largest gas field on the continent years ahead of schedule, according to Rystad Energy. The Netherlands recently…

It’s “Feast-to-Famine” For The Global Gas Industry

Sep 30, 2019 at 16:02 | Nick Cunningham

The oil majors have been piling into bets on natural gas in recent years, viewing gas as a more durable source of demand growth than oil for…

LNG Investments Hit Record In 2019

Sep 26, 2019 at 09:19 | Irina Slav

Investments in liquefied natural gas since the start of the year have hit an all-time high of $50 billion, the International Energy Agency’s head, Fatih Birol, told an industry conference.…

Can Europe Do Anything Against Gazprom’s Push For Market Share?

Sep 20, 2019 at 17:06 | Vanand Meliksetian

The European Union’s strength is its ability to shield its economy from the outside world and pursue integration between member states. Cooperation within the bloc is based on both liberal…

US To Supply More Than Half Of Global Gas By 2035

Sep 18, 2019 at 16:16 | Tsvetana Paraskova

The United States is expected to account for more than half of the global natural gas supply growth through 2035, McKinsey & Company said in a new report. The…

U.S. And Russia Battle It Out Over This Huge Iraqi Gas Field

Sep 13, 2019 at 16:27 | Simon Watkins

With the U.S, Russia, and China all jostling for position in Iraq’s oil and gas industry both north and south, Iraq’s oil ministry last week reiterated its desire to have…

Global Economic Slowdown Hits China’s Natural Gas Demand

Sep 04, 2019 at 09:28 | Tsvetana Paraskova

China’s natural gas demand has been booming in recent years and will continue to grow for decades to come. Yet, the slowing economic growth in China is taking a toll…

Moscow Fuels Artic LNG Race With Billions Of Dollars

Aug 30, 2019 at 17:10 | Irina Slav

Novatek, Russia’s largest private natural gas company, will receive a tax deduction of about US$600 million (40 billion rubles) from the regional budget of Yamal-Nenets and US$1.5 billion (100 billion…

Can China Double Its Gas Output By 2040?

Aug 28, 2019 at 11:37 | Tsvetana Paraskova

China is set to double its natural gas production by 2040, but challenges in developing shale gas resources have led to a lower production outlook and expectations of more imports…

Qatar Could Lose Spot As World’s Top LNG Exporter

Aug 26, 2019 at 15:45 | Tsvetana Paraskova

Just a few years ago, Qatar was the world’s undisputed leader in liquefied natural gas (LNG) exports. But a major wave of LNG capacity construction in Australia over the past…

US Natural Gas Prices Could Soon Fall Below $2

Aug 23, 2019 at 13:50 | Tsvetana Paraskova

Despite continuously rising U.S. natural gas demand and near-record gas-powered demand in the summer heat waves, the benchmark U.S. natural gas price has collapsed since the end of the winter.…

Study: UK Shale Gas Reserves Could Be Much Lower Than Thought

Aug 21, 2019 at 13:00 | Tsvetana Paraskova

The UK may have economically recoverable shale gas resources that are five times lower than estimates from earlier this decade, new research suggests. A new study from the…

LNG Traders Look To Make Huge Profits Using ‘Idle Tankers’

Aug 15, 2019 at 11:49 | Tsvetana Paraskova

Spot LNG prices are currently at their lowest in three to four years, but the futures curve of the LNG market points to a wide premium of prices in the…

Gas Flaring “Running Rampant” In The Permian

Aug 13, 2019 at 15:57 | Nick Cunningham

Gas flaring in the Permian basin is “running rampant,” and may not be fully resolved even after new gas pipelines come online. Texas is now one of the world’s largest…

Japan Is Bargain Hunting As LNG Prices Slump

Aug 08, 2019 at 11:44 | Tsvetana Paraskova

Utilities in Japan, the world’s single largest importer of liquefied natural gas (LNG), are seeking price reviews in their short term LNG supply contracts as the Japanese energy market liberalization…

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