Favorable price spreads for U.S. produced liquefied natural gas (LNG) will continue for some time creating an opportunity for LNG to grow in importance in the long-haul trucking sector and other stationary operations, such as oil/gas drilling operations, according to Pace Global, a Fairfax, VA-based energy management consulting business that is part of Siemens.
Grow
Articles from Grow
U.S. NatGas Exports to Mexico Predicted to Continue Higher
Natural gas exports from the United States to Mexico have doubled in the past three years and are likely to continue to grow for at least the next few years, according to an analysis by Barclays Capital.
U.S. Exports to Mexico Predicted to Continue Higher
Exports of natural gas from the United States to Mexico have doubled in the past three years and are likely to continue to grow for at least the next few years, according to an analysis by Barclays Capital.
Offshore Operators Optimistic, Onshore ‘Rather Somber’
Offshore activity continues to grow as development begins on a slate of recent discoveries, a sharp contrast to onshore operators, whose “attitude was rather somber,” according to analysts with Raymond James & Associates Inc., who shared their takeaways from the Offshore Technology Conference (OTC) held earlier this month in Houston.

North America Oil Output Creating Global ‘Supply Shock,’ Says IEA
A “supply shock” to the global energy markets being created by North American oil production will be as transformative to the market over the next five years as was the rise of Chinese demand in the last 15, forcing operators to overhaul global investment strategies and reshape the way oil is transported, stored and refined, the International Energy Agency (IEA) said Tuesday.
Raymond James: Offshore Operators ‘Full of Optimism’
Offshore activity continues to grow as development begins on a slate of recent discoveries, a sharp contrast to onshore operators, whose “attitude was rather somber,” according to analysts with Raymond James & Associates Inc., who shared their takeaways from last week’s Offshore Technology Conference (OTC) in Houston.
SemGroup Builds Mississippian Services in Chesapeake Deal
Tulsa-based midstream operator SemGroup on Wednesday agreed to a $300 million cash price for Chesapeake Energy Corp.’s interests in subsidiary Mid-America Midstream Gas Services LLC, that comes with a 20-year gathering and processing contract for 540,000 net acres in the Mississippian Lime play.
E&Y: Gulf Coast LNG Exports Work with $5-6 U.S. Gas
Global demand for natural gas is projected to grow at about 2% per year, about twice the rate for oil demand. And liquefied natural gas (LNG) capacity, which about doubled from 2000 to 2012 could double again by 2025, according to Ernst & Young (E&Y). But it’s still early days in the U.S. LNG export game, and opinions vary widely on what will happen.
Oxy’s Focus on the Permian, Bakken and California
There are three major plays that have the full attention of Occidental Petroleum Corp.’s (Oxy) strategy to significantly grow its U.S. drilling operations — California, the Permian Basin and the Bakken — and they each have their different timetables and challenges, said Oxy CEO Stephen Chazen.
E&Y: Gulf Coast LNG Exports Work with $5-6/MMBtu U.S. Gas
Global demand for natural gas is projected to grow at about 2% per year, about twice the rate for oil demand. And liquefied natural gas (LNG) capacity, which about doubled from 2000 to 2012 could double again by 2025, according to Ernst & Young (E&Y). But it’s still early days in the U.S. LNG export game, and opinions vary widely on what will happen.