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In his latest blog post, Peter Tertzakian, Chief Energy Economist and Managing Director of ARC Financial Corp and the bestselling author of A Thousand Barrels a Second and The End of Energy Obesity, weighs in on the recent outpouring of Asian capital in North American shale markets.Citing Chesapeake's...
Texas gas company Enterprise Products Partners announced it was moving forward with a series of construction projects that would expand the natural gas infrastructure on the Eagle Ford shale play in the Lonestar State.The company said it has plans to install 350 miles of new pipelines, construct new...
A new report by the US Energy Information Administration (EIA) says natural gas has the potential of becoming a large portion of future US gas production thanks to the shale gas boom.The report estimates nearly 347 Tcf of shale gas within American borders, and says shale gas is expected to provide 24...
A new article in European Energy Review explains how Shell is in the midst of successfully shifting its role from one-time oil heavyweight to gas giant in the wake of depleting crude oil resources and increased access to natural gas resources.The move stems largely from the corporate shake-up in 2004...
After two major deals with North American shale plays took place last week at the hands of three Asian sovereign wealth funds as well as India's Reliance Industries, China is throwing its hat into the ring announcing an initial agreement with Canadian shale developer Encana.Over the past year, the Chinese...
A new report from the Massachusetts Institute of Technology (MIT) says shale gas could help the US curb its greenhouse-gas emissions over the next 40 years.“Much has been said about natural gas as a bridge to a low-carbon future, with little underlying analysis to back up this contention. The analysis...
An alternative source of natural gas is making waves in producer and consumer countries alike, writes Claudio GulerIn an article for ISN Security Watch, Guler comments that shale gas is raising expectations of energy independence, improved security and reduced emissions for consumer countries.Read th...
Three Asian sovereign wealth funds have agreed to make a combined $900 million investment in Chesapeake Energy Corp., the third-largest natural gas producer in the US, Bloomberg Businessweek reports.South Korea's Korea Investment Corp, China's China Investment Corp, and Singapore's Temasek Holdings bought...
In what turned out to be a near week-long crisis, the major dispute over gas between Belarus and Russia has come to an end.Under the threat of cutting off gas supplies last Thursday, the state-run Gazprom, flexed its monopolistic stronghold on European gas when Russian President Dmitry Medvedev ordered...
After speculation mounted that Reliance Industries would purchase a large interest in the Eagle Ford shale play, the Indian company solidified the deal today to the tune of $1.3 billion.Under the helm of India's richest man Mukesh Ambani, Reliance bought a 45 per cent interest in the Texan gas field...