The volume of US natural gas traded during bidweek is poised for its fourth straight year-on-year decline as banks and other large players pull back from the monthly baseload market, according to a Platts examination of ...
Tags: Natural Gas, physical deals
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
BASF is evaluating an investment in a world-scale methane-to-propylene complex on the U.S. Gulf Coast. The on-purpose production of propylene to supply the company's North American operations would allow BASF to take advantage of low gas ...
Tags: Construction, Decoration, BASF
U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil, and most of the world’s other major economies. So says a new private study, which found that rising wages and higher ...
Tags: Chinese electricity
UK onshore explorer Egdon Resources said Friday it could have 18 Tcf of gas initially in place in shale gas reserves in its licenses within the Bowland-Hodder shale sequence in northern England. That is equivalent to around 510 billion ...
Tags: shale gas, UK gas consumption
UK shale gas exploration and production could generate a GBP33 billion ($55 billion) investment boom, according to a report published by the UK shale lobby group UK Onshore Operators Group. Drafted by EY -- formerly Ernst & Young -- the ...
Outbound shipments of Eagle Ford Shale crude and condensate through the Port of Corpus Christi jumped to 430,829 barrels/day in March from 340,158 b/d in February, according to data released by the port. Shipments have been on the rise ...
Tags: Crude Shipments, Eagle Ford
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
Technologies that will increase the low rate of ultimate recoveries in shale plays are the next disruptive forces in US oil and gas production, experts said Tuesday in Washington. "The revolutionary change will be breaking out of the ...
Tags: Shale Technology, Schlumberger
State-owned PetroChina has hiked its shale gas production target significantly and now expects to produce 2.6 billion cubic meters/year next year, a senior executive was reported as saying Monday. This is an increase from an earlier ...
Tags: PetroChina, Shale Gas
The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...
Tags: natural gas, analyst, Coal
US over-the-counter thermal coal prices changed little Thursday, as competing natural gas futures got a boost from end-of-season gas storage stocks falling to 822 Bcf, a level not seen since 2003. The increased consumption of gas this ...
Tags: natural gas, gas, Metallurgy, Mineral, Coal
Gas buyers in Asia are facing the same problems of high prices and a monopolistic market that their counterparts in Europe faced a decade or so ago, but there is no equivalent regulatory body that can force suppliers to change their ...
Tags: Gas Markets, Europe's Dilemma
MHI receives order for very large LPG carrier from Astomos Energy, identical to ship type ordered late last year Wednesday, Mar 26, 2014 Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Astomos Energy Corporation for a ...
Tags: LPG Carrier, MHI, Ship Type
Pennsylvania Governor Tom Corbett has awarded $7.7m in funding under Act 13 for 25 companies and organizations that are switching to natural gas for their heavy-duty fleet vehicles. This funding is a part of the Natural Gas Energy ...
Tags: Pennsylvania Governor, Natural Gas Vehicle, heavy-duty vehicles