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In our article US LNG Exports: March Madness and the Road to the Final Four Projects, we predicted that Freeport LNG would make it to the final round of US LNG export projects approved by the US Department of Energy (DOE). According to a Freeport LNG news release issued on Friday...
Spiralling development costs for liquefied natural gas (LNG) projects were firmly on the agenda at the LNG 17 conference in Houston. Daniel Yergin, chairman of energy consultancy IHS Cambridge, said it was the single most important factor which would determine whether projects...
For basketball fans, nothing is better than March Madness where sixty-four college basketball teams line up with a shot to win it all after a series of games played throughout the month of March. As the NCAA tournament progresses, the field is eventually split into four groups of 16 teams known...
Clean Energy Fuels, which aims to establish a network of liquefied natural gas filling stations across the US, has bought two MicroLNG plants from GE Oil and Gas. The filling stations are aimed at large industrial vehicles – trucks. Clean Energy expects to complete approximately 70 LNG stations...
The International Energy Agency (IEA) has launched the 2012 edition of its comprehensive publication, the World Energy Outlook (WEO). One of its stand-out predictions is that the United States could be close to self-sufficient in energy by 2035. The WEO 2012, released in London, said major...
The Utica Shale contains about 38 trillion cubic feet of undiscovered, technically recoverable natural gas (at the mean estimate) according to the first assessment of this continuous (unconventional) natural gas accumulation by the U. S. Geological Survey. The Utica Shale has a mean of 940 million barrels...
Considerable uncertainty exists regarding the size of the economically recoverable U.S. shale gas resource base and the cost of producing those resources. Across four shale gas resource scenarios from the Annual Energy Outlook 2012 (AEO2012), natural gas prices vary by about $4 per million British thermal...
A study by Rice University’s Baker Institute for Public Policy indicates that the prospect of LNG exports from the U.S. does note equate to large scale reality, regardless of the number of export licenses granted, given expected market developments abroad. In a paper entitled “US LNG Exports:...
The U.S. Geological Survey (USGS) has released a new estimate for potential additions to domestic oil and gas reserves from reserve growth in discovered, conventional accumulations in the United States. The USGS estimates that the mean potential undiscovered, conventional reserve additions for the United...
Natural gas production from shale, coal bed methane and tight sands is expected to generate significant job creation, economic growth, and revenue for federal, state and local treasuries throughout the U.S. in gas "producing" and "non-producing" states alike, according to a new IHS Global Insight study.