The Alaska LNG project team has selected Nikiski as the lead site for the proposed liquefaction plant and terminal. On October 7, 2013, ExxonMobil, BP, ConocoPhillips, and TransCanada, announced the selection of Nikiski on the Kenai Peninsula as a lead liquefaction plant and terminal site for the Alaska liquefied natural gas (LNG) export project. Prior… Keep reading →
The United States is expected to produce more hydrocarbons – oil, natural gas, and liquids (such as condensates) – than any other country in the world this year, according to the US Energy Information Administration. The EIA published an article last Friday on US hydrocarbon production growth, comparing it to that of global oil and… Keep reading →
The pace of change in the North American natural gas business has accelerated in recent months, with the US Department of Energy approval process for exports to non-free trade agreement countries failing to stop the achievement of major project milestones and new technology innovations driving market expansion. Four projects have been approved by DOE for… Keep reading →
Bad news for Gazprom: sources say that Russia is going to break the gas giant’s monopoly on LNG exports. “[State-controlled oil giant] Rosneft signed an agreeement with ExxonMobil to develop a LNG project in Russia’s Far East. [Independent gas producer] Novatek clinched a deal with CNPC for a joint development of the Yamal LNG project.” [Natural Gas Europe] Bad news for… Keep reading →
A year ago, it was common for energy executives, regulators and critics to marvel at the sense of whiplash they felt from the extraordinary revival of North American natural gas production. Technology shifts long in the making but broadly below the radar of markets underpinned an expansion of the fuel’s market share amid low pricing… Keep reading →
It’s unsurprising that Russia wouldn’t want to allow Greenpeace into its territorial Arctic waters, where the country hopes to open up vast new oil and gas fields to exploitation. State-controlled oil giant Rosneft has partnered up with ExxonMobil to develop oil and gas resources on Russia’s Arctic shelf, and potentially export LNG from the Russian… Keep reading →
When it comes to the question of whether pipeline or rail is safer for moving crude, the answer depends somewhat on the source, but pipelines are broadly understood to come out ahead, not only on safety, but also on cost and efficiency. However, newfound oil abundance in areas not traditionally associated with oil and gas… Keep reading →
Pigs (the ones you send through pipelines for maintenance and inspection purposes) may not be capable of finding the sorts of cracks that led to a 5,000 barrel spill from ExxonMobil’s Pegasus pipeline in March. “Smart pigs are the linchpin of the industry’s efforts to monitor pipes, but they aren’t reliable for finding all serious… Keep reading →
Natural gas has been gaining global market share from oil for several years, but gas markets remain fragmented and a true global market for natural gas has yet to emerge. The North American shale gas revolution significantly altered gas supply, demand and pricing dynamics in many regions and dramatically changed the situation in Alaska. “Alaska… Keep reading →
The 32nd US Association of Energy Economics/International Association of Energy Economics brings together a diverse group of delegates and speakers representing private business, government and academia to discuss pressing energy issues of the day. This year’s event officially kicked off on Monday in Anchorage, Alaska, where the state is enjoying one of its nicest summers… Keep reading →
