The development of U.S. natural gas resources is having a transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development and job creation around the country. The Administration continues to take steps to ensure the safe and environmentally sustainable supply of natural gas. The Natural Gas Act directs the Department… Keep reading →
For years analysts have estimated US LNG exports would likely materialize in the 4 to 6 billion cubic foot per day range, but much of the focus has more recently shifted to the regulatory process and backlog of projects seeking approval. The Houston Chronicle’s Jennifer A. Dlouhy shifts attention back to the complex financial juggling… Keep reading →
The Huntsman Corporation’s Peter Huntsman has this op-ed in USA Today that invokes a poll in which people were asked to respond to these statements: Some say that exporting American natural gas to other countries will increase economic growth, keep thousands employed, and help increase domestic production of natural gas. Others say that American natural gas should… Keep reading →
Saudi Arabia announced an ambitious natural resource development project in the underpopulated Northern Borders region. Nearly $10 billion in investments and agreements will jumpstart construction on King Abdullah Wa’ad Al-Shamal City, which will include a 1,000 MW power plant and other infrastructure needed to support industrial activity. “President and CEO of Saudi Aramco Khalid Al-Falih… Keep reading →
With all the fast moving trends flowing through the global energy business today – from shifting natural gas market dynamics, US oil & gas production increases, climate change issues and workforce demographics – it’s always interesting to hear which markets energy company executives are focusing on. Ernst & Young Global Oil & Gas Leader, Dale… Keep reading →
Alternative fuel company Primus Green Energy has just opened a gas-to-liquids demonstration plant in New Jersey. With natural gas prices trading well below oil prices, and US gas reserves abundant, Primus’ product could provide a cost-competitive alternative to petroleum-based fuels for the domestic market. Here are some of the quick takeaways from a recent plant tour, which Breaking… Keep reading →
When it comes to energy trading, there’s very little that’s 100% certain. But you don’t need to know everything to get a leg up in natural gas or power markets. You just need to know more than the other guy. Software firm EarthRisk Technologies has unveiled a mid-range temperature forecasting product designed to give its… Keep reading →
As US natural gas production swelled in recent years – largely a result of shale gas development – and prices fell amid burgeoning supply, producers moved rigs to economically greener pastures. In a world of comparatively high oil prices, this meant more liquids rich natural gas resources that produced ethane, butane, propane and pentanes, known… Keep reading →
Australia is poised to overtake tiny Persian Gulf natural gas powerhouse Qatar as the world’s largest LNG exporter in coming years, but cost overruns, labor issues and fierce competition for resources have caused project delays or cancellations. So many are wondering which projects ultimately get built, when will they come on stream and how much… Keep reading →
