LNG

A picture taken on June 05, 2010 shows t

A few Asian buyers of US LNG are looking to sell portions of the supply they purchased under long-term contracts, suggesting the excitement over exporting US natural gas as LNG could be waning a bit. When US gas production began booming around 2007 and prices cratered – falling to as low as $2 per MMBtu… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Continental Resources, one of the largest Bakken Shale producers, announced some good and bad news to investors yesterday – a new oil discovery (good) but increased capital expenditure guidance (bad). The company announced a new oil discovery in the South-Central Oklahoma Oil Province (SCOOP) where it also said “net unrisked resource potential has increased to… Keep reading →

prelude

Back in 2011, Shell took the final investment decision (FID) on its Prelude FLNG project and started having a floating liquefied natural gas (FLNG) terminal built in South Korea in order to produce and export LNG from the so-called Browse Basin, about 300 miles off the coast of Western Australia. This project is the first… Keep reading →

Winter Snow Storm Hammers Northeastern U.S.

When temperatures plummeted across the Northeast last winter, spot natural gas prices along the Eastern Seaboard spiked to eye-popping levels causing many to call for additional pipeline capacity. However, as is often the case with energy issues, the situation is more complex than it may first appear and constructing expensive long-term pipeline capacity may not… Keep reading →

Kazakhstan Oil Industry Is Booming

Members of the House Space, Science and Technology Committee discussed Bakken crude oil properties during a subcommittee hearing held as part of the effort to craft new rail tank car regulations. “None of these other oils are shipping in volumes that this Bakken shale oil is being shipped,” he [Timothy Butters, deputy administrator for the… Keep reading →

E.ON IBU Worldcup Biathlon Annecy - Antholz-Anterselva: Day Four

The German government is providing the country’s largest utility E.ON loans to help competitively bid for global LNG supply as Berlin seeks to diversify gas import sources away from Russia. The loans strengthen E.ON’s credit rating and help the company compete with government-backed companies that LNG suppliers favor. “Those guarantees have in the past been… Keep reading →

Obama's New Proposed Regulations On Coal Energy Production Met With Ire Through Kentucky's Coal Country

A proposed coal export terminal in Oregon was denied a permit because the project would cause harm to tribal fisheries along the Columbia River. “Oregon Gov. John Kitzhaber (D) applauded the state agency’s rejection of the permit, telling the Oregonian, ‘Columbia River tribes have fundamental rights to these fisheries,’ and any project that threatens those… Keep reading →

Chinese Labourers Work At Lunnan Oilfield In Xinjiang

China quietly cut its 2020 goals for shale gas, a goal that was so ambitious that few took the number seriously. The goal – to ramp up from zero commercial production of shale gas to 60-80 billion cubic meters by 2020 – was met with skepticism both inside and outside China when first announced. Now,… Keep reading →

dodge2

Following the Environmental Protection Agency’s (EPA) recent decision to emphasize the use of biogas in the Renewable Fuels Standard (RFS), the United States Department of Agriculture (USDA) has come out with their own Biogas Opportunities Roadmap to promote biogas as a valuable form of renewable energy. The USDA is working together with the EPA, the Department… Keep reading →

Gerhard Schroeder Becomes Head Of Russian-Led Gas Pipeline Project

This detailed, scenario-based analysis considers potential European natural gas supply outcomes this winter. Relations between Moscow and the West have deteriorated to arguably the lowest levels since the Cold War over Russia’s continued aggression in Ukraine. Increasingly strict economic sanctions have been initiated by western governments and intergovernmental organizations against strategic sectors of Russia’s economy… Keep reading →

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