Asia and the United States helped boost global consumption of natural gas by 7.4% in 2010 to a record 111.9 Tcf, effectively rebounding from a 2009 slump, according to the Worldwatch Institute, an environmental research firm based in Washington, DC.
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Carrizo Tops Production Goal in Eagle Ford
With recent production from the Eagle Ford Shale and Niobrara Formation, Carrizo Oil & Gas Inc. passed its target of 5,000 net b/d, the company announced Wednesday.
Report: Global Natural Gas Consumption Regains Momentum
Asia and the United States helped boost global consumption of natural gas by 7.4% in 2010 to a record 111.9 Tcf, effectively rebounding from a 2009 slump, according to the Worldwatch Institute, a global environmental research firm based in Washington, DC.
Existing LNG Sites Have Export Advantage, Says Sempra Exec
Widespread development of natural gas export capability in the United States could be a huge boost to the U.S. economy, to natural gas infrastructure companies and to liquefied natural gas (LNG) import facilities that now are stymied by a disjointed global market for gas that currently has U.S. prices lagging below those in the rest of the world, according to Darcel Hulse, Sempra Energy’s outgoing CEO for LNG operations.
Existing LNG Sites Hold Inside Track to Exports, Sempra Exec Says
Widespread development of natural gas export capability in the United States could be a huge boost to the U.S. economy, to natural gas infrastructure companies and to liquefied natural gas (LNG) import facilities that now are stymied by a disjointed global market for gas that currently has U.S. prices lagging way below those in the rest of the world, according to Darcel Hulse, Sempra Energy’s outgoing CEO for LNG operations.
Chevron OKs Huge Australian LNG Project
Chevron Corp. said last week its Australian subsidiary will proceed with the massive Wheatstone Project in Western Australia to boost the commercialization of gas resources in the region. The first phase includes construction of two liquefied natural gas (LNG) processing trains and attendant infrastructure costing $29 billion.
Chevron OKs Massive Australian LNG Project
Chevron Corp. said Monday its Australian subsidiary will proceed with the massive Wheatstone Project in Western Australia to boost the commercialization of gas resources in the region. The first phase includes construction of two liquefied natural gas (LNG) processing trains and attendant infrastructure costing $29 billion.
UK Shale Formation Said to Possibly Rival U.S. Fields
A UK-based exploration company whose management team has unconventional exploration experience in the United States claims to have discovered a natural gas shale field near Blackpool, in Lancashire, England, that may rival rock in the United States.
NPC: ‘Enormous’ Natgas Base Could Transform U.S. Economy
Shale gas is reviving the domestic chemical industry, has already sparked growth in exports, and going forward it will boost the U.S. economy through new jobs in supplier industries and other manufacturers benefiting from cheap, plentiful energy, according to the National Petroleum Council (NPC).
NPC: ‘Enormous’ Natgas Base Could Transform U.S. Economy
Shale gas is reviving the domestic chemical industry, has already sparked growth in exports, and going forward it will boost the U.S. economy through new jobs in supplier industries and other manufacturers benefiting from cheap, plentiful energy, according to the National Petroleum Council (NPC).