Worldwide

Analysts: Shale Will Be Top Source For Natgas in U.S. by 2030

Energy analysts predict more than 50% of the natural gas produced in the United States will come from shale by the year 2030, coupled with a rising demand for natural gas in power generation and an opportunity to export to world markets.

November 28, 2011

IEA: Irreversible Climate Change Barring Bold Global Action

The International Energy Agency (IEA) warned last week that irreversible climate change will occur if bold actions are not taken worldwide within the next five years, but the agency’s chief economist said he’s not optimistic that leaders will make the sacrifices necessary.

November 14, 2011

IEA Warns of Irreversible Climate Change Barring Bold Global Action

The International Energy Agency (IEA) warned Wednesday that irreversible climate change will occur if bold actions are not taken worldwide within the next five years, but the agency’s chief economist said he’s not optimistic that leaders will make the sacrifices necessary.

November 10, 2011

Halliburton Sees No Slowdown in North America’s Onshore

In terms of oilfield services supply and demand conditions, Halliburton Co. CEO Dave Lesar sees the U.S. unconventional basins in black-and-white terms: oversupplied, undersupplied or neutral.

October 18, 2011

Oilfield Services ‘Bright Spot’ in Economic Picture

Rising exploration and production (E&P) budgets worldwide, in combination with strong oil prices, will drive “robust demand” for oilfield services in North American unconventional oil and natural gas shale plays, as well as in international arenas, according to a special study by IHS Inc.

September 19, 2011

Oilfield Services Called ‘Bright Spot’ in Economic Picture

Rising exploration and production (E&P) budgets worldwide, in combination with strong oil prices, will drive “robust demand” for oilfield services in North American unconventional oil and natural gas shale plays, as well as in international arenas, according to a special study by IHS Inc.

September 13, 2011

Global Gas Glut Could Be Gone by 2012, Analyst Says

A current worldwide oversupply of natural gas may dissipate as early as the winter of 2012, leading to the potential for spot prices higher than contract prices in Asia and Europe, according to analysts at Wood Mackenzie.

June 27, 2011

Pacific Basin Seen as LNG Spending Focus

Long-term gas demand trends worldwide will support a “bright future” for liquefied natural gas (LNG), but most of the development action will be in the Pacific Basin, according to a new report from Douglas-Westwood. The Pacific Basin is expected to be “the main contributor” to a 10-year global investment high of $26 billion annually by 2015, the firm said in a new report.

June 27, 2011

Report: Global LNG Spending to Focus on Pacific Basin

Long-term gas demand trends worldwide will support a “bright future” for liquefied natural gas (LNG), but most of the development action will be in the Pacific Basin, according to a new report from Douglas-Westwood. The Pacific Basin is expected to be “the main contributor” to a 10-year global investment high of $26 billion annually by 2015, the firm said in a new report.

June 27, 2011

Global Gas Glut Could Be Gone by 2012, Analyst Says

A current worldwide oversupply of natural gas may dissipate as early as the winter of 2012, leading to the potential for spot prices higher than contract prices in Asia and Europe, according to analysts at Wood Mackenzie.

June 23, 2011