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Over the next five years China will more than double its natural gas consumption, while low gas prices continue to support the U.S. economy and the United States becomes a net exporter of liquefied natural gas (LNG), according to the International Energy Agency (IEA). However, a weak economy, growing reliance on renewables and relatively high natural gas prices will limit demand in Europe, IEA said.

Over the next five years China will more than double its natural gas consumption, while low gas prices continue to support the U.S. economy and the United States becomes a net exporter of liquefied natural gas (LNG), according to the International Energy Agency (IEA). However, a weak economy, growing reliance on renewables and relatively high natural gas prices will limit demand in Europe, IEA said.

The Environmental Protection Agency’s (EPA) data and analysis did not support the conclusion linking water contamination in Pavillion, WY, to chemicals used in hydraulic fracturing, according to a new analysis released Wednesday.

A coalition of New York landowners who support natural gas development came to the state capital on Wednesday to meet elected officials backing their cause and to deliver them a six-point landowners’ “declaration of rights.”

Production of oil, natural gas and condensate from the Eagle Ford Shale in South Texas increased dramatically from 2010 to 2011, according to a new study of the play and its impact on the region. And there’s more to come, thanks in large part to the attractive economics offered by the Eagle Ford’s oil and liquids-rich gas.

Touting potential jobs and economic growth, California energy officials on Wednesday approved approximately $100 million in annual state funds to support the development of more alternative and renewable fuel vehicle technologies. Natural gas as a transportation fuel will benefit directly and indirectly for up to nearly one-third of the allotment.

An investigation by the Canadian Broadcasting Corp. (CBC) has revealed that a political assistant to New Brunswick’s energy minister asked the province’s electric utility, NB Power, to remove anti-shale signs from its utility poles last summer.

“The more people think things are going to stay the same, the more surprising it will be when they change,” might be an apt revision of an old proverb for today’s shale gas industry.

The head of the Commodity Futures Trading Commission (CFTC) last week during a Senate hearing indicated that he would support imposing user fees on futures and swaps traders to help fund the agency, similar to the system used at FERC. And Republican and Democratic senators alike put Gensler in the hot seat, expressing their frustration with the agency’s foot dragging in implementing speculative position limits under the Dodd-Frank Wall Street Reform Act, and the “haphazard” pace of the CFTC’s rulemaking process.