Production Cuts Not Enough To Offset Plummeting Prices, Oversupply of Natural Gas
For an industry once fueled by the law of supply and demand, the new economic reality has brought new rules.
LNG at a Crossroads
In its first 50 years, LNG has become the world’s fastest-growing gas supply source and is now part of an upheaval in the global energy market. Today, the sector stands at a crossroads, and the industry must adopt new thinking to address current and future needs of buyers, sellers, and consumers.
Global Energy Demand in 2018 Grew at the Fastest Pace This Decade
Natural gas accounted for almost 45% of global demand growth last year.
Malaysia’s Petronas is Looking Near and Far for Gas and Oil
The state-owned firm is looking within its home country, around Southeast Asia, and to the Americas—including shale—in an effort to maintain its forecast average yearly production of 1.7 million BOE/D over the next 5 years.
Anadarko Accepts Oxy's Revised Takeover Offer
Anadarko Petroleum now plans to exit its agreement with Chevron after deeming Occidental Petroleum's revised takeover bid "superior."
New Operators, Well Designs Drive Record Gas Production in Haynesville
After a long cooling off period, this dry-gas shale play is once again red hot.
New Gas-Separation Technology Reduces Cost, Weight, and Footprint
Hydrocarbon processing and treating systems often require large and elaborate surface facilities. When operating in challenging locations, such as deep water or the Arctic, these systems can be expensive. This paper discusses a new adsorption-based gas-separation technology platform.
Natural Gas is Up, Except Where It’s Down
Natural gas prices have risen in the US but not in west Texas. The contrast is a sign of the growing pains that come with explosive growth changing this increasingly competitive market.
Total Boosts LNG Business With Purchase of Engie Assets
Total is making an LNG push by spending up to $2 billion for assets belonging to fellow French firm Engie.
What’s the Future for LNG?
LNG as a fuel source has been an energy staple for many Asia-Pacific countries for decades, and is increasing in importance in other regions as countries look to diversify their energy mix.
Look out World, The US Is Again a Gas-Exporting Country
The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.
IEA: US May Be Top LNG Exporter by 2022
One of the world’s leading energy watchers says the second shale revolution will come in the form of LNG exports.
Russia’s Push for Oil and Gas Growth Stunted by Oversupplied Markets
Russia’s need to continue expanding the oil and gas business is pushing it to look east for more production and markets. But everywhere it turns there is stiff competition in a world awash in oil and gas.
Natural Gas, NGLs Could Help US Refiners Beat “Octane Shortage”
Opportunities to convert gas or natural gas liquids into high-octane gasoline blending stocks could contribute to growth in US natural gas demand.
Offshore Development Slump Likely To Cause Long-Lasting Pain
Offshore exploration will be slow to come back as companies have delayed billions in projects through 2020. Exploration projects also must complete for funds with brownfields developments like EOR that potentially provide a shorter time to show a return.
Operations Excellence Begins in Design
Achieving production and availability targets is paramount to the ultimate success of any liquefied-natural-gas (LNG) project. Both are important factors in any life-cycle economic analysis.
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13 October 2020
19 October 2020