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Solar Electricity Competitive with Natural Gas by 2025

Nov 5, 2015

Solar-generated electricity will become just as cheap as that produced by natural gas in most parts of the world by 2025, according to a new analyst report. Lux Research, which specializes in predicting the impact of emerging and ...

Tags: Solar Electricity, Natural Gas

Canada and South Korea Would Remove The Current 3% to 8% Tariff

Jun 23, 2014

A proposed free trade agreement between Canada and South Korea would remove the current 3% to 8% tariff that Canadian oil and gas producers have to pay for exports into that Asian nation, a Canadian government spokeswoman said Monday. ...

Tags: LNG Exports, Oil Exports

US Net Natural Gas Imports Fell 14% Last Year to 1,311 Bcf, The Lowest Level Since 1989

May 30, 2014

US net natural gas imports fell 14% last year to 1,311 Bcf, the lowest level since 1989, as US production likely set a new record, the Energy Information Administration said Wednesday. The agency said total imports in 2013 fell 8% to ...

Tags: natural gas, Pipeline

The Impact of LNG Exports on Wholesale Gas Prices Put a Cap on Us Exports at 6 Bcf/D

May 15, 2014

The likely impact of LNG exports from North America on wholesale gas prices around the world may put a cap on US exports at roughly 6 Bcf/d, Mike Fulwood, a principal in Nexant's Global Gas practice, said Tuesday. During a briefing on LNG ...

Tags: LNG Exports, gas prices

LNG Volumes From US and Australia Could Lead to a Progressive Convergence of Gas Prices

May 12, 2014

LNG volumes coming on stream from countries including the US and Australia in the next few years could lead to a progressive convergence of global gas prices and more LNG imports into Europe as well as the Far East, US Energy Secretary ...

Tags: LNG Exports, LNG market

Malaysia Approved a 20% Increase in Natural Gas Prices for Industrial & Commercial Sectors

Apr 16, 2014

Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...

Tags: natural gas, LNG Cost

R-Texas Called for Less Federal Regulation for Oil and Gas Drilling

Mar 27, 2014

US Representative Pete Olson, R-Texas, on Tuesday called for less federal regulation for oil and gas drilling, including allowing some drilling in national parks. Olson, who spoke at the Texas Independent Producers and Royalty Owners ...

Tags: gas drilling, oil drilling, production industry

Several US Lawmakers Want The Obama Administration to Approve More LNG Export Applications

Mar 27, 2014

Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...

Tags: natural gas, liquefied natural gas, LNG export

Mullen Group Has Approved Its 2014 Capital Budget of $100 Million

Jan 21, 2014

Mullen Group announced this week its board has approved its 2014 capital budget of $100 million, about $25 million of which will be allocated to its trucking/logistics segment. The funds will be used to buy new trucks, trailers and ...

Tags: Transportation, Auto Parts

Lux Research Expects Hybrid Gas/Solar Technologies to Mitigate Intermittency

Dec 4, 2013

Lux Research expects hybrid gas/solar technologies to mitigate intermittency of the renewable resource. Solar-generated electricity will become just as cheap as that produced by natural gas in most parts of the world by 2025, according to ...

Tags: solar electricity, natural gas, energy

API Director of Upstream & Industry Operations Erik Milito Welcomed Today's Authorization

Nov 25, 2013

API Director of Upstream and Industry Operations Erik Milito welcomed today’s authorization by the Department of Energy for exports from the Quintana Island, Texas liquefied natural gas (LNG) facility and urged the agency to quickly ...

Tags: API, speedy, approval, LNG, export

LNG Exports Could Have Some Impact on The US Natural Gas Price

Nov 20, 2013

Increased liquefied natural gas (LNG) exports could have some impact on the US natural gas price, but it may not be as high as the chemical industry fears, the chief economist for the American Petroleum Institute said in Houston Wednesday. ...

Tags: Natural Gas, LNG Exports

PTTEP Might Invest in North American Shale-gas and Myanmar Deep-water Projects

Sep 29, 2013

Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...

Tags: Shale Gas, flagship petroleum

Obama Administration's Ongoing Delay Is Stalling US Job Creation and GDP Growth

Jul 17, 2013

The Obama administration's ongoing delay in ruling on 20 pending applications to export liquefied natural gas is stalling US job creation and GDP growth, according to a new report from a conservative economic think tank. The report, ...

Tags: Chemicals, liquefied natural gas, gas, Energy

A Bipartisan Group of US Senators Is Urging Secretary of Energy Ernest Moniz

Jul 12, 2013

A bipartisan group of US senators is urging Secretary of Energy Ernest Moniz to speed approvals of LNG exports requests, saying that at its current rate, the Department of Energy will take two years to approve all the pending permits. "By ...

Tags: LNG Export, Moniz

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