South America is undergoing a…
The EU Energy Commissioner has…
On January 23, 2012, Chesapeake Energy announced that it would curtail drilling in shale gas plays in the United States. Subsequently, other operators have followed suit. While the outcome…
The Eagle Ford Shale is one of the biggest shale fields in the world and one of the biggest developments in Texan oil and gas for decades; and it all…
In my forthcoming energy economics textbook (2012), the two natural gas kings are three – Russia, Qatar and Iran – while if I were beginning that book today, I would…
Estimates for recoverable shale gas just keep falling. Last year, the Potential Gas Committee, an industry consortium that focuses on long-term projections, estimated that recoverable natural gas from shale…
Pity the poor Eastern Europeans. Fifty years under the domination of their massive Soviet eastern neighbor then the collapse of Communism there two decades ago offered undreamed of opportunities to…
Russian gas monopoly Gazprom announced it could increase the amount of natural gas it would send to its European consumers through the transit system in Belarus this year. Ukraine currently…
Energy rich, capital poor countries have few options when seeking to develop their resources than to partner with international energy company giants on whatever terms they offer, however iniquitous they…
There is perhaps no more controversial energy source after nuclear than “hydraulic fracturing,” or “fracking,” of subterranean shale deposits containing pockets of natural gas.While the process can liberate…
Indian and Pakistani officials this week are debating issues related to a natural gas pipeline planned from Turkmenistan. Pakistan's energy minister left Monday for India to hold talks on the…
It's estimated that China holds more natural gas – locked in its huge shale reserve – than the U.S. And while the country hasn't yet begun commercial production, a new…
Natural gas prices have declined to below $3.00/mcf, levels not seen for years, yet the EIA posted the highest gas production ever in October, 2011. U.S. gas production is growing…
After sparring with Secretary Clinton over a missile defense shield, Russian officials last year claimed their 2008 war with Georgia blocked NATO ambitions to move east. The saber rattling by…
Natural gas is inexpensive, seemingly plentiful and much cleaner-burning when used as an alternative to diesel fuel in transportation fleets, so it makes sense that Waste Management is converting its…
Next to nuclear power, the hydraulic fracturing natural gas extraction technique, more familiarly known as “fracking,” is perhaps the world’s most contentious energy production method. Bulgaria, a former Soviet…
I received a scratchy and barely audible call from my buddy out in the Barnet natural gas fields just outside of Fort Worth, Texas the other day. With the price…
Petroleum reservoir fracturing is set for a major improvement with new technologies going to work miles down from the surface and then out horizontally. Called fracking, the process uses pressure…
If you answered cold fusion, eeehhhhh! Your time's run out! If you answered natural gas, have a cigar. Natural gas, for the simple reason that it is one of the…
Capitalism is a wonderful thing. It can create so much wealth, spur so much research and progress that we sometimes take on blind faith that unrestrained pursuit of profit is…
Gas to liquids (GTL) is a capital intensive process of converting natural gas to either diesel (FT) or gasoline (MTG). The countries of the world with the largest reserves of…
February natural gas continued its descent along a pair of downtrending Gann angles at 2.958 and 2.850 this week. By the end of the week, however, the market had reversed…