The Netherlands is expected to permanently close the huge Groningen natural gas field, the Dutch Senate announced this week. Groningen, one of the largest gas fields in Europe, caused earthquakes and damage to local communities for more than 20 years, which created debate among politicians, local residents and gas industry supporters for years about whether…
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Wintry Weather No Match from Strong Global Natural Gas Supplies – LNG Recap
A bitter cold snap gripping much of Europe wasn’t enough Monday to sustain a three-day rally in natural gas prices there as strong imports have kept the continent well supplied. Title Transfer Facility prices fell across the curve Monday, when the prompt month closed 9% lower to finish near $10/MMBtu. Prices jumped last week ahead…
Contango, Juneau Teaming Up Again to Develop GOM Prospects
Houston-based independent Contango Oil & Gas Co. has secured an agreement with long-time partner Juneau Oil & Gas LLC to develop some prospects in the shallow waters of the Gulf of Mexico (GOM).
Shell Selling Eagle Ford Shale Stake
After taking a more than $2 billion charge against its Canadian and U.S. liquids-rich properties in the second quarter, Royal Dutch Shell plc has decided that its Eagle Fore Shale assets would be better off in the hands of someone else.
Shell May Dump Some North American Land After $2B Writedown
Royal Dutch Shell plc has launched a strategic review of its North American oil and gas operations, particularly the unconventional assets, after taking a charge of more than $2 billion on the value of its U.S. and Canadian liquids-rich properties.
Shell Granted Another Extension on Proposed Cracker Site
A subsidiary of Royal Dutch Shell plc has signed a second, six-month extension that gives it more time to decide whether to purchase property in western Pennsylvania that could ultimately be used for a “world scale” ethane cracker in the heart of the Marcellus Shale region.
Litigation Threat Said to Be Growing for Offshore Operators
Operators developing plans to work in Alaska’s offshore, notably Royal Dutch Shell plc, have faced stiff and costly opposition for years, but Gulf of Mexico (GOM) operators should be aware that a growing threat of more lawsuits could derail some projects as well, industry executives said Tuesday at the Offshore Technology Conference (OTC) in Houston.
Shell’s Transformative CEO to Retire
Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement last Thursday.
Shell’s Transformative CEO to Retire
Peter Voser, who has led the transformation of Royal Dutch Shell plc from an also-ran in the energy industry into Europe’s leading producer and the world’s largest integrated natural gas operator, announced his surprise retirement on Thursday.
Pennsylvania, Shell Officials Say Due Diligence Continuing on Cracker
Contrary to a media report, there is no time frame for when a subsidiary of Royal Dutch Shell plc will make a decision over whether to build a proposed “world scale” ethane cracker in western Pennsylvania, state and company officials told NGI’s Shale Daily.