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U.S. LNG: A Growing Slice of A Growing Pie

U.S. LNG: A Growing Slice of A Growing Pie

The global liquefied natural gas (LNG) market, which was about 270 million tonnes last year, will grow to 360-370 million tonnes in three years time, and the U.S. Gulf Coast will serve 25-30% of that market, LNG pioneer Charif Souki said Thursday in Houston.

March 9, 2017

No Free Rides For U.S. Onshore Producers, Says Saudi Energy Minister

Following a two-year oil price war that sharply disrupted global output and bankrupted dozens of North American operators, Saudi Arabia’s energy minister warned Tuesday that the decision by the Organization of the Petroleum Exporting Countries to temporarily reduce output doesn’t mean a free ride for anybody.

March 8, 2017

‘Decade of Disorder’ Looms Without Global Energy Investments, Says Former EIA Chief

Global oil markets are facing down a “decade of disorder” if long-term supply projects aren’t put into the pipeline, a former chief of the Energy Information Administration (EIA) said Tuesday.

March 8, 2017

With BHP Contract in Hand, Pemex Hunting for More Exploration Partners

Mexico is open for business and looking for partners to develop deepwater and onshore oil and natural gas, the director general of state-owned Petroleos Mexicanos (Pemex) said Tuesday.

March 8, 2017
Ohio Lawmaker Wants More Severance Tax Revenue Distributed to Oil/Gas Drilling Communities

Ohio Lawmaker Wants More Severance Tax Revenue Distributed to Oil/Gas Drilling Communities

An Ohio lawmaker from Belmont County, which has been transformed in recent years by heavy Utica Shale development, has introduced legislation that would direct more oil and gas severance tax revenues to communities most affected by drilling.

June 6, 2016