Our Blog
Japan Imports First Shale LNG
Tokyo based JERA Company, the world’s largest importer of LNG (Liquefied Natural Gas), is a joint venture between Tokyo Electric Power and Chubu Electric Power. “Rigzone” reports that last week JERA announced that it has received its first cargo of liquefied shale gas. The shipment of 70,000 tons (3.45 billion cubic feet) left Cheniere Marketing… Read More
Price Drivers
In a recent article in “Oil Voice”, author Andreas de Vries points out recent oil forecasts that have been wrong, explores the reasons why, offers an alternative approach, and then uses it to make his own projections. After the oil price collapse of 2014, many observers expected domestic shale oil production to drop dramatically. This… Read More
Pipeline Revival
Throughout the presidential campaign it was clear that Donald Trump wanted less federal involvement in energy and more private investment in infrastructure. “World Oil” reports that his election has resuscitated two major pipeline projects: Energy Transfer Partners’ Dakota Access, and TransCanada’s Keystone XL. Energy industry observers speculate that if the Dakota Access project is not… Read More
Gas Output to Drop
“Rigzone” reports that the U. S. Energy Information Administration (EIA) recently predicted that natural gas production in 2016 will drop for the first time since 2005. Back then, hurricanes Katrina and Rita damaged Gulf Coast energy infrastructure. That severely impacted natural gas production as 20% of dry gas output came from the Gulf of Mexico… Read More
Why Future is Bright for LNG
In a recent article in “Oil Voice”, author Patrik Farkas presents the reasons that he thinks the U. S. will soon became a dominant player in the global LNG (Liquefied Natural Gas) market. Since Farakas is Hungarian, he understandably views the world from a European perspective. This is important however, as Europe is emerging as… Read More
