A niche exists in the portable oilfield and remote power generation sector, but liquefied natural gas (LNG) in these high-horsepower (HHP) applications is struggling to compete with diesel because low commodity prices have narrowed the gap for the two alternatives, a Prometheus Energy executive said Tuesday.
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Utility, Siemens Aim for Natural Gas Fueling Share
A long-established Midwest gas utility holding company and an international industrial giant are the latest players to indicate they intend to compete in the growing natural gas transportation fuel market.
Competition for Drilling Water Leading to Innovations
As drillers compete for access to water for their operations, researchers are looking for new ways to reuse and recycle wastewater for the good of the environment, as well as looking ahead to the possibility of more restrictions at the state or federal level that may be imposed on underground injection wells, according to Accenture.
Industry Watchers Pick Top U.S. LNG Export Proposals
Market conditions and technology are on target for U.S. natural gas to compete in world markets, and industry watchers are placing their bets on which natural gas export proposals will actually be built and whether the first liquefied natural gas (LNG) exports will leave U.S. shores by 2015 or 2016.
Industry Watchers Pick Leading LNG Export Proposals
Market conditions and technology are on target for U.S. natural gas to compete in world markets, and industry watchers are placing their bets on which natural gas export proposals will actually be built and whether the first liquefied natural gas (LNG) exports will leave U.S. shores by 2015 or 2016.
North America Lifts Oilfield Specialty Chemicals Market
Driven mostly by North America, the world market for oilfield specialty chemicals climbed to almost $16 billion in 2010, with the United States and Canada accounting for more than half (52%), according to a global market study by IHS Chemical.
SM Energy Homing In On Eagle Ford Shale
SM Energy Co. said it plans to spend $1.04 billion next year, $830 million of that on drilling, mostly in the Eagle Ford Shale and the Bakken/Three Forks in the Williston Basin. The company’s putting its money in “all the right places,” according to an analyst at Tudor, Pickering, Holt & Co. Securities Inc.
Remove Barriers to Gas Investments, Urges Study
Reducing market barriers that make it difficult for North America’s natural gas sector to compete would increase opportunities worldwide for the continent’s ample production, according to a new study by the Fraser Institute.
New Influx of Cash ‘A Positive,’ Says Cabot CEO
Houston’s Cabot Oil & Gas Corp., which now is focused on shale exploration, said Tuesday it sold its remaining investment in Canada for $61.3 million.
Market Barriers Said to Hinder North American Gas Investment
Reducing market barriers that make it difficult for North America’s natural gas sector to compete would increase opportunities worldwide for the continent’s ample production, according to a new study by the Fraser Institute.