Oil Price Alberta, Canada’s energy powerhouse, and neighbor British Columbia are in talks about expanding the reach of locally produced natural gas to Europe and Asia. Alberta’s Premier Danielle Smith and her B.C. counterpart David Ebby started the negotiations two weeks ago, according to Smith, as quoted by CBC. The idea is to benefit from carbon offset credits made available by the Paris
Reuters JERUSALEM – Seven energy ministers will sign the charter of a new Middle East energy forum that will promote natural gas exports from the eastern Mediterranean to Europe and other markets, Israeli energy officials said on Monday. “The East Mediterranean Gas Forum, which until now has been a stage for discussions only, is in fact becoming a real international
Houston Chronicle A global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting shipments to get supply and demand back in balance. Prices for the heating and power-plant fuel may collapse in Europe and Asia next year to levels that would force U.S. liquefied natural gas suppliers to curb output, Citigroup
From Reuters The U.S. Energy Department on Wednesday cleared the way for faster approval of small scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule that does away with a public interest review of the shipments. U.S. Energy Secretary Rick Perry said in release that the so-called small scale rule will reduce
$80 Oil + $4 NatGas + 1,300 Rigs Working After the news of the past few weeks, it felt like we were getting really close to the day when investors and oil industry spouses might be ready to throw in the towel. Then EnerCom’s 14th west coast investor conference unearthed something in the shadow of the Transamerica Building. By blending together a batch of
Exports of liquefied natural gas (LNG) are set to begin in 2015, and the number of United States LNG export stations are expected to triple by 2019. The next phase of U.S. energy is almost here, regardless of dissenting opinions from the chief of the International Energy Agency. According to a recent report by the Energy Information Administration (EIA), the
Another U.S. Liquefaction Plant Breaks Ground, Lithuania Says ‘Goodbye Gazprom’ Construction is Underway on Cameron LNG’s U.S. Liquefaction/Export Facility Last week Cameron LNG broke ground on its $10 billion export plant in Hackberry, Louisiana. This sets the company off on a four-year project to build a liquefaction and export facility that will convert U.S. natural gas to liquefied natural gas (LNG) for
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