South Point Energy Center in Arizona. The US is already on its way to lower emissions. (Calpine) Companies & Finance

Will Paris damage Brand USA?

Will the United States’s withdrawal from the Paris agreement make LNG importers wary of ‘Made in America’? Experts are divided.

By The Wildcat 8 June 2017
Exploration & Production

Shell to pull out of Canadian Mackenzie Delta pipeline

Anglo-Dutch Royal Dutch Shell is planning to sell off its assets in the Mackenzie Delta natural gas reserve on the north-west coast of Canada, including its stake in a project to build a new pipeline leading from the delta, according to Canadian news reports today.

18 July 2011
As LNG exports become an important consideration for US and Canadian natural gas producers, they are turning their focus to Asia Pacific. (PA) LNG

North American gas producers seek Asian LNG market share

As LNG exports become an important consideration for US and Canadian natural gas producers, they are turning their focus to Asia Pacific.

18 July 2011
Companies & Finance

ConocoPhillips to split in two

In a dramatic move that throws fresh doubt on the integrated corporate model, US major ConocoPhillips said on Thursday that it will split into two companies.

15 July 2011
Exploration & Production

BHP Billiton to double shale resource base with $12 billion Petrohawk buy

The flurry of consolidation within the US shale gas industry continues with Anglo-Australian mining giant BHP Billiton announcing an agreement to buy Houston-based Petrohawk Energy, for $12.1 billion.

15 July 2011
Companies & Finance

Williams ups bid for Southern Union to $44 a share

The fierce bidding war for Southern Union intensified Thursday as Oklahoma-based integrated gas company Williams upped its cash offer for the pipeline group, topping a rival bid by Energy Transfer Equity (ETE) by $4.

15 July 2011
Companies & Finance

Energy Transfer Equity makes $5.9 billion counter-offer for Southern Union

Energy Transfer Equity (ETE), a US-based master limited partnership, has increased its original offer for pipeline group Southern Union to $40 per share in cash and equity, trumping a $39/share all-cash counter-bid from rival Williams, the company said yesterday.

6 July 2011
Drilling rig for a natural gas well. (PA) Exploration & Production

US shale gas producers consider options as low prices bite

US shale gas producers are losing money hand over fist as gas prices remain below the cost of production. So what options have they to boost revenues?

6 July 2011
Supply & Demand

US gas prices to rise on economic recovery – Deutsche Bank

The longer-term fundamental supply/demand picture for US natural gas is tightening, partly on the back of an expected recovery in the US economy by 2012, analysts at Deutsche bank said in a quarterly report, Deutsche Bank Commodities Quarterly, published today.

5 July 2011
Exploration & Production

KOGAS joins shale project in British Columbia

Korea Gas Corporation (KOGAS) will collaborate with Mitsubishi Corporation and Penn West Exploration (PWE) in developing a shale gas project in the Cordova Embayment of north-eastern British Columbia, Canada, Mitsubishi said on Thursday.

1 July 2011
LNG

Gas is the ‘default’ fuel in the US

Gas is now the “default fuel in the US,” David Crane, president and chief executive of NRG Energy told delegates today at the FT Global Energy Leaders Summit 2011 in London. “Everyone loves it.”

28 June 2011
LNG

Jamaican government okays LNG regas plans

Following several years of discussions, the Jamaican government has decided to move ahead with plans to build a floating LNG facility, to reduce the island’s costs and dependence on oil for power generation.

28 June 2011
Exploration & Production

Gas needs to be part of political message - Lambert Energy Advisory

"Unless the message changes from the political elite”, new gas supply will not come online and prices will rise, Philip Lambert, chief executive of Lambert Energy Advisory told delegates at the FT Global Energy Leaders Summit in London today.

28 June 2011
Anti-fracking protesters are seen protesting against drilling. The US gas industry is working to improve its image, particularly with the bad press hydraulic fracturing (fracking) has received. (PA) LNG

The gas industry needs to make its case

Gas lobbyists on both sides of the Atlantic are failing to get their message across to politicians and policymakers, meaning that the industry is losing out to more vociferous renewable, nuclear and coal industry initiatives.

28 June 2011
Exploration & Production

Chesapeake slates newspaper for ‘misleading’ shale gas article

Chesapeake Energy chief executive, Aubrey McClendon, has openly criticised a series of Sunday New York Times reports doubting the long-term viability and profitability of shale gas.

27 June 2011
Exploration & Production

US congress says Obama must take ‘leadership role’ on gas

Eight US congress members have in a letter to President Barack Obama urged him and his administration to take leadership role in the encouragement of continued development and utilisation of domestic gas resources, particularly shale gas.

27 June 2011
Exploration & Production

US congress says Obama must take ‘leadership role’ on gas

Eight US congress members have in a letter to President Barack Obama urged him and his administration to take leadership role in the encouragement of continued development and utilisation of domestic gas resources, particularly shale gas.

27 June 2011
Pipelines, Storage & Power

Williams aims to trump ETE Southern Union offer

United States gas group Williams sought to trump Energy Transfer Equity (ETE) group’s bid for the Southern Union Company on Thursday with a $4.9 billion counter offer.

24 June 2011
Exploration & Production

US EPA selects fracking test sites

The United States Environmental Protection Agency (EPA) has selected seven sites at which to assess the impact of hydraulic fracturing on groundwater – a major point of contention among environmentalists.

24 June 2011
Exploration & Production

US E&P spending continues recovery from recession

International spending on exploration and production is set to increase by 14% to $533 billion this year, as activity continues to pick up after the recession, a new spending survey conducted by investment bank Dahlman Rose & Co said on Wednesday.

24 June 2011
Exploration & Production

Encana, PetroChina shale deal collapses

PetroChina Co. Ltd., the listed arm of China National Petroleum Corp. (CNPC), and Canada’s Encana, failed to reach agreement on a joint venture (JV) to develop shale gas assets in western Canada, Encana said in a statement late on Tuesday.

22 June 2011

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