This Summer, the EPA will propose rules to more widely require REC technologies to reduce methane emissions from oil and gas wells 40-45 percent by 2025. EPA Regulations Could Add Costs to Constrained Industry On January 14, 2015, the Environmental Protection Agency (EPA) outlined measures to reduce methane emissions and volatile organic compounds (VOCs) in… Keep reading →
Analysts and economists are trying to figure out how falling oil prices impact various economic sectors. Many 401ks and pension funds invest in oil companies, but as long as funds are diversified they should not be hit too badly by the oil price decline. “But this is precisely why investment advisers tell us to diversify,… Keep reading →
The extremely steep and fast oil price decline is hitting companies hard, with projects cancelled and workers being laid off. As analysts scramble to evaluate which companies are most vulnerable in the lower oil price environment, some are trying to figure out when oil prices might recover some of their recent losses. For his part,… Keep reading →
The recent surprise drop in crude oil prices is having big impacts on international LNG prices and may cause a slowdown in the development of LNG export plants globally. LNG is liquefied natural gas, cooled to a temperature of -260° F, for the purpose of compression and transportation. International shipments of LNG by container ship… Keep reading →
The Ukrainian state-controlled natural gas company Naftogaz has its work set out for it as the Soviet vestige seeks to cut reliance on Russia’s Gazprom. “Ukraine has one of the most important transit pipelines for Russian gas exports to the rest of Europe. Fifteen percent of the EU’s imported gas flows through Ukraine. At the same time,… Keep reading →
When you live in a state heavily influenced by oil, saddle up and hold on for the ride. What comes up must come down, and real estate has room on the downside. The real question is really just how much. My clients are all energy professionals, and when I visit with them, nine out of… Keep reading →
In 2008, as Beijing geared up for the summer Olympics by stockpiling crude oil, the world blamed the Communist government for inflating prices. Now eyes are back on China, wondering if demand from the Asian nation will bolster falling crude prices. With oil prices falling to their lowest level in years, the Chinese are taking… Keep reading →
Mozambique, Equatorial Guinea and Cameroon are all looking at floating LNG export projects as potential ways to bring their natural gas reserves to market. “But the Cameroonian Floating LNG project, announced on Christmas Day 2014 as a three way Heads of Agreement (the HOA) between Golar LNG Ltd (Golar) Societe Nationale de Hydrocarbures (SNH) and… Keep reading →
Implicitly or explicitly Opec countries are battling with US oil producers over the commodity price. There is much evidence to suggest that given US production growth volumes – Gulf Coast output alone is up 1.9 million barrels per day since 2010 – and weak global demand, Opec could only marginally impact prices by cutting production.… Keep reading →
Recovery from the dramatic supply-driven oil price slide of 1986 took 5 years. Will the current cycle follow the same pattern? This piece plays a bit of Monday morning quarterback and suggests that if Saudi/Opec did more to moderate prices over the past 6 years the current supply glut could have been avoided. [Bloomberg via… Keep reading →
