The Xijiang ENN 01, China’s first standardised LNG bunkering barge to provide ship-to-ship refuelling. LNG

Poor economics hold back US LNG bunkering

LNG bunkering projects in the US are being stymied by poor economics and a lack of infrastructure.

By Therese Robinson 18 September 2017
Companies & Finance

Encana’s focus remains on future partnerships asset sales, and reducing costs

Canada’s largest gas producer Encana will announce its third quarter earnings results on Thursday amid a tough operating environment as United States gas prices remain under $4 per million Btu (MMBtu).

19 October 2011
Pipelines, Storage & Power

KMI’s huge pipeline deal is safe haven in torrid environment

Kinder Morgan Inc. (KMI) will become the largest United States natural gas pipeline operator, more than doubling its network with the $21.1 billion cash and stock acquisition of Houston-based energy company, El Paso Corporation.

17 October 2011
Exploration & Production

BP welcomed back to the Gulf

Analysts have welcomed news that United States offshore regulators have decided to allow the UK’s BP to bid on new oil drilling leases in the Gulf of Mexico later this year.

14 October 2011

Canada’s regulator approves Kitimat LNG export license

The Kitimat LNG project, one of several planned LNG export schemes on the Canadian west coast, on Thursday became the first to be approved by the country’s regulator, the National Energy Board (NEB).

14 October 2011

North American LNG exports will kick-start prices

Gas prices in North America will remain depressed, until new export markets are discovered, an energy expert from an investment bank told Interfax on Tuesday.

12 October 2011
Companies & Finance

Sinopec buys Daylight Energy in $2.14 billion cash deal

China’s increased interest in foreign energy reserves have received a boost, with Sinopec’s purchase of Canada’s Daylight Energy.

10 October 2011
Exploration & Production

Enbridge beefs up British Columbia presence

Canada’s largest oil pipeline operator Enbridge is beefing up its presence in British Columbia, with the purchase of a $900 million stake in Encana's Cabin Gas Plant project. Encana appears to be selling the midstream asset to refocus on production.

10 October 2011
Policy & Regulation

US shale gas industry needs to fight together

Interfax talks with leading energy lawyer Ken Culotta, about why, rather than rejecting calls for greater regulation of fracking, the US shale gas industry should be encouraging it.

7 October 2011
Companies & Finance

Talisman trims its targets

Canada-based oil and gas company Talisman Energy has trimmed its production targets for 2011 for the second time in two months. Repairs at three of its North Sea oil projects, poor weather and lack of manpower at its gas fields in North America have all hit production, the company said in a statement on Wednesday.

6 October 2011

North American LNG export success needs price stability

The success of the continent’s LNG ambitions relied upon most variables remaining unchanged until 2014, say analysts.

5 October 2011
Policy & Regulation

Gas subsidised to tune of $90 billion in 2010

Among OECD countries, the United States, United Kingdom and Germany accounted for approximately $11.5 billion of natural gas subsidies in 2010, according to Interfax calculations.

4 October 2011
Policy & Regulation

EPA holds hearings across US on proposed fracking regulations

Public hearings over the proposed environmental regulation on oil and gas hydraulic fracturing drilling (fracking) are being held in several key cities by the United States Environmental Protection Agency (EPA) this week.

29 September 2011

Oregon Jordan Cove Energy Project changes LNG plans as it seeks export license

The Jordan Cove Energy Project (JCEP) has applied for an import licence with the United States Department of Energy (DOE) last week to import up to 1 billion cubic feet (28.3 million cubic metres: MMcm) per day of LNG.

29 September 2011

Alstom optimistic about the future of gas-fired electricity generation in the North America

In response to the increasing demand for gas-fired power generation, US power generation company Alstom, which holds 10% of the world gas turbine market, announced 13 September the launch of its upgraded combined cycle 450 MW GT24 turbine with a greater than 60% efficiency rate.

27 September 2011

West coast LNG has the edge, says Kitimat chief

A proposed LNG export terminal in Kitimat on the north-west coast of British Columbia, Canada, will not be directly competing with hubs in the Gulf of Mexico, but has a competitive advantage over the Gulf of Mexico due to its proximity to Asian markets.

26 September 2011
Exploration & Production

ExxonMobil takes leases for Utica Shale play

ExxonMobil has taken its first step in the shale oil and gas field, acquiring leases in Ohio’s Utica Shale, according to a news report on Friday.

23 September 2011
Exploration & Production

Apache acquires Exxon’s maturing North Sea assets

Apache North Sea, a subsidiary of the United States’ Apache Corporation, has agreed to purchase ExxonMobil’s North Sea assets for $1.75 billion, according to a statement released on Thursday.

22 September 2011
Policy & Regulation

Alaska leases up for grabs this year

Immediate action has been taken on Washington’s promises to enact the regulatory changes needed to incentivise drilling, with about three million acres of onshore land in Alaska to be offered for oil and gas leasing in late 2011.

21 September 2011
Policy & Regulation

Shell secures EPA permits for offshore Alaska drilling

The United States Environmental Protection Agency (EPA) has granted Shell final air permits for oil and gas drilling in Alaska’s Beaufort and Chukchi seas, allowing the company to begin exploration drilling in 2012, the agency announced on Monday.

20 September 2011
Policy & Regulation

The US gas lobby has two key weapons

The US gas lobby is likely to tout the role of hydrocarbons in creating both wealth and energy independence as it campaigns for the expansion of domestic oil and gas exploration.

19 September 2011

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