Petroleum Economist
Argentina gets the LNG habit
First tanker expected in May as imports double
New Norwegian oil minister adds to Statoil oil-sands uncertainty
Ola Borten Moe previously said company should withdraw; Statoil facing court appearance over water charges
How to green the oil sands
Alberta must change its royalty regime to encourage greener production
Deep Basin: Canada’s next big play
“Staggering” reserves potential; gas is rich in liquids
Water: hot commodity, hot issue
Sustainable water management costly, but vital
Estonia takes its oil-shale expertise to US
Firm secures Utah acreage through take-over of OSEC
Statoil set for US shale helm
Norway player eyes Eagle Ford lead
Alberta presses ahead with CCS plans
New panel to oversee C$2bn programme
Shell pins upstream hopes on unconventional plays
Output to rise by 6% this year; capex $100bn over next three years
New lease of life for Indonesia
Geothermal capacity on the rise; Chevron considering the potential
Reserves boost for Osum Oil Sands
359m barrels in four project areas
Second Canadian LNG export project launched
Plan to sell LNG from British Columbia to Asia
US makes TransCanada wait on Keystone XL
End of 2011 deadline set for ruling
France extends shale drilling ban
Ban in place until review of fracing is complete
Green groups press EU to reject oil-sands fuel
“Keep tar sands out of Europe” say environmentalists
Brent holds firm amid Libya unrest; natural gas prices remain weak
Brent was trading above $112/b in London on 17 March
The Frac Act returns
Safety fears prompt Democrats to revive fracing legislation
Encana joins Canadian LNG’s Asia export drive
Kitimat LNG project now certain to go ahead; stronger Asia gas price underpins development
Riding the shale rail
Bakken producers take to the tracks; pipeline capacity also on the rise
Unconventional gas to underpin BG’s LNG
UK firm to drill 675 Haynesville wells in 2011-20; BG upbeat about Australian CBM
A makeover for Canada's oil sands
Industry and government aim for oil-sands revamp; costs, environmental impact and image in the spotlight
New royalties to spur Utica exploration
Quebec pushes generous shale-gas royalty regime; Fracing moratorium could delay development for two years
KNOC and Anadarko take wing in Eagle Ford
$1.55bn joint venture announced
Shale gas tops China agenda
Executives expect measures to encourage further unconventional development
Gas injection joy for Petrobank
Enhanced oil recovery in Saskatchewan’s Bakken light oil play
Canadian CBM, shale plays stymied
Dewatering costs need to be lowered
Newfield swoops on Uinta acreage
Assets bought from Harvest Natural Resources
US gasoline stockdraw boosts WTI; natural gas up on nuclear uncertainty
Violence in North Africa and terrorist attack in Israel also contribute
Oil-sands cost inflation returns
Soaring oil prices boost profits and spending plans; chronic labour shortages emerging
Obama plans unconventional future
Energy blueprint boost for oil sands and shale gas
Election looms over Canadian energy sector
Oil and gas policies in limbo; opposition threat to Asia export plans
Sunshine taps Chinese cash to fund oil-sands push
Will seek listing in Hong Kong; targets 0.8m b/d output
Madagascar Oil’s patience snaps
UK firm declares force majeure; Chinese investors may step in
Peace-prize row hits Statoil’s China shale plans
Norwegian producer takes ‘long-term view’ of shale gas
KNOC buys into Texas shale play
South Korean firm pays $1.5bn for oil-rich shale asset
Don’t believe the European shale-gas hype
Wintershall urges caution on unconventional gas
Haynesville now US’ top producing shale play
Barnett edged into second place
Trans Mountain expansion in works
$4bn project would raise capacity from to 0.7m b/d
Devon ponders Horn River venture
Discussions have been held with potential partners
Bullish market driving Brent towards $120; US natural gas flat and weak
Continued violence in Libya and signs that unrest is spreading contribute
US LNG imports slump, according to EIA
EIA data shows shale gas ramp-up slaking country's thirst
Argentina gets the LNG habit as imports begin
The first tanker is expected in May, as imports double
China rattles its sabre over disputed reserves
Tensions are rising in southeast Asia as China re-stakes its claims on disputed maritime areas, and potentially large hydrocarbon reserves
Maintenance to temporarily shut Snøhvit, says Statoil
Norwegian plant closed for 40 days; UK LNG withdrawals break new record
Asia spot LNG prices on the rise after earthquake
Oil's surge adds fuel to market after extra tankers are sent to quake-hit Japan
The hypocrisy of the oil-sands’ detractors
The oil sands are one of the world’s most controversial energy developments. In the latest opinion piece published by Petroleum Economist, Patrick Moore says it is hypocrisy to demonise oil companies while enjoying the fruits of the petroleum age
Enbridge ups the ante over Northern Gateway
Canada must be a ‘global player’ says Daniel; opposition election rivals oppose oil tankers off BC
Asian firms spearhead new wave of Canadian M&A
Develop strategic relations – or miss out on investment
British Columbia backs fracing
Groundwater supplies concerns shrugged off
Alberta unveils oil-sands conservation plan
Proposal will leave most developments untouched
Texas governor asks Clinton to back Keystone XL
Texas governor Rick Perry has written to US Secretary of State Hillary Clinton asking her to approve a controversial pipeline from the Canadian oil sands to the US Gulf coast
Libya turmoil pushes Brent to $121/b; natural gas prices remain weak
Oilfields under attack in Libya, while bullish jobs figures help price rises
Drilling techniques boost western Canada outlook
Record number of horizontal wells expected in 2011; threat of labour shortages rising
Patience pays off for Pickens Plan
White House impetus gives new drive to natural gas for transport
State environment chief gets hands-on
Pennsylvania official gains personal authority over complaints against Marcellus operators
Uruguay finds first shale oil
Free-standing oil found in a water well and in shale rock
North-south divide hinders Africa’s shale-gas potential
Sub-Sahara lags behind northern neighbours
Sudan claims shale-gas wealth
Up to 0.825 trillion cubic feet (cf) of shale gas reserves says Sudapet CEO
EIA tots up ‘vast’ shale resources
Shale gas adds 40% to global reserves, but cache could expand
PetroChina ties up Sichuan probe
First horizontal shale-gas well in Sichuan province, southwest China
Enviro joy at Liuhuanggou
Coal-bed methane (CBM) deposits found at pilot production well
Jakarta hands out CBM bounty
Blocks in Kalimantan awarded to BP and Total
UK shale industry under fire
MP Tim Yeo criticises lack of regulation and environmental scrutiny
LNG market shrugs off Japan aftershock
European gas price rise driven by crude-market rally
BP's Russian pips about to squeak as BP Rosneft deal likely
A strategic deal between BP and Rosneft is likely to go ahead, but the TNK shareholders will exact a hefty price
Spot LNG tanker rates high and rising
Tight fleet pushes day rates up, with no let-up in sight
All's not well at Transocean after multiple accidents last year
Transocean faces fundamental challenges to its business on several fronts
Japanese utilities sweat over summer electricity demand
Power saving and thermal plant shutdowns delay jump in fossil fuel demand
Uganda on the road to production after settling Tullow tax dispute
The settlement of Tullow’s tax dispute with the government paves the way for a new African oil producer
Further complication for UK upstream tax regime
The UK government is shooting itself in the foot by raising taxes on the upstream oil and gas sector
Numbers add up for Canada GTL plan
Momentum builds behind shale to GTL project
Kurdistan confronts enemies within and without
Kurdistan faces many obstacles as it seeks to realise its untapped oil and gas potential
LNG backlash against Australia carbon tax
Gas industry lobbies for exemption; tax a threat to investment reputation
Market holds breath as Nigeria goes to polls
Energy markets have been on edge in case Nigeria’s month-long elections spark violence against oil and gas installations in the volatile Niger Delta
Rasgas outage tightens LNG market
Prices firm on back of Darwin LNG problems and Japanese buying
Libyan rebel oil-export prospects limited
A shipment of oil has made it out of war-torn Libya, but it may be last for some time to come
Canada’s carbon Catch-22
A credible carbon-pricing regime is essential if Canada is to protect the oil sands from foreign environmental legislation, argues Andrew Leach*
CBM-LNG rolls on despite protests
Australian protests unlikely to stop CBM development; Australia could rival Qatar as an LNG exporter
Australia eyes an unconventional future
Coal bed methane is hotting up, with the prospects for shale looking up
Australian CBM-LNG projects facing cost overruns
Competitiveness, delivery and value could all be affected
Tokyo Electric imports record LNG volume
Utility buying fits market expectation; prices not high enough to spur Atlantic diversions
Crude rallies on gasoline stockdraw; US natural gas prices remain weak
IEA notes "real risks” of high oil prices to global economic recovery
Canadian election hopefuls duck the energy issue
Oil sands on back burner ahead of vote; national energy strategy essential to development
Kinder Morgan fills the pipeline void
With demand for pipeline capacity surging in the US’ emerging shale plays, the country’s midstream leader is stepping up to plug the gap
BNK lines up Spain’s first shale-gas well
Shales in northern Spain look ‘very promising’
Canadian start-up secures backing
Black Swan Energy raises C$350m ($364m) from equity funds
French PM demands shale permits ‘must be scrapped’
“We need to start from zero,” says Francois Fillon
EIA rates Canadian shales
388 trillion cf of technically recoverable reserves
Nova Scotia plans fracing review
Concern for water supplies follows public outcry in the US
Qatar takes on Gazprom gas markets in Europe
Qatar is encroaching on Russia’s gas markets in Europe, but Gazprom remains unfazed
AGA slams Cornell shale-gas study
Emissions claim 'inaccurate and misleading'; greater scrutiny of the report's data required
Pemex bullish as Mexico's upstream opens up
Interest in the Mexican oil monopoly’s upstream operating contracts looks strong as first bid round date is set
European refining suits some as sales go ahead
The gems among the 12 or so refineries for sale in Europe are being snapped up – but by new entrants
Australia super-sizes offshore offerings
With massive frontier tracts up for grabs in Australia’s latest bid round, the government hopes the prospect of big discoveries will lure the majors
Qatargas LNG pumps up Japan volumes after nuclear shutdowns
Extra LNG set to offset nuclear shutdowns
EXCLUSIVE: Libya rebels eye oil restart in weeks
The resumption of oil production, and exports, from rebel-controlled Libyan oilfields is vital to the success of the insurgency
EXCLUSIVE: Libya’s rebels beg West for cash
Tarhouni calls on Europe to open Qadhafi's foreign bank accounts
EXCLUSIVE: Libyan rebels will reward their ‘friends’
Libya’s TNC shuts door on Ghanem; post-conflict oil output to soar; Tarhouni vows to honour Qadhafi-era contracts
Spot LNG prices dip as Japan secures supplies
Japanese utilities top up their stocks as cheaper gas prompts switch from oil
Quicksilver boosts Canada’s nascent LNG industry
Export plans to speed Horn River development; all three planned LNG export projects are viable
US holds firm over Keystone XL
Oil-sands pipeline decision a step nearer as report lodged with EPA; study claims over environmental impact stoke green ire
Alberta conservation plan irks Oil Sands Alliance
Land-use planning needs balance
Golar to unveil Asia’s first floating LNG plant
Golar Energy is to provide the technology for Asia’s first floating LNG import terminal in West Java, Indonesia, the company said today
Let’s get real about the oil sands
Canada can develop its oil sands, an essential resource for the global economy, responsibly. But realism about the pace and scope of the transition to low-carbon energy must infuse the debate about the developments
Chesapeake Energy battles Marcellus Shale blowout
Fracing fluids flow into Susquehanna tributary
Crude up on surprise storage data; US natural gas rises on nuclear outages
Brent crude traded above $124/b on 21 April
Oil shale gets another shakedown
Development of the US’ vast unconventional oil resources under the spotlight
Shell tells shale players to open up over fracing
Olivier Lazare says industry must improve well design and operating standards
Aurelian gets fracing at Siekierki
Horizontal well at at tight-gas project in Poland by end of year
Excelerate targets LNG import double
LNG tanker technology player Excelerate Energy has joined the floating liquefied natural gas rush and expects to complete at least two more floating regasification import projects within the next year, chief executive Rob Bryngelson told Petroleum Economist
Japanese players eye Gazprom tie-up
A consortium of Japanese energy firms wants to build a large LNG production facility near Vladivostok with Russia’s Gazprom, the companies said today, with the east Asian country attempting to secure long-term energy supplies following the earthquake in March
Oilfield services sector hoping for a global upswing
The big oilfield services companies are upbeat about 2011, with unconventional energy projects the main driver of demand for their technical know how
Deepwater Horizon legal battle begins
The legal battle has been launched to establish who should pay what for the blowout that destroyed Transocean’s Deepwater Horizon rig last April, killing 11 workers and triggering a massive oil spill
Oil market’s time bomb keeps ticking
When crude prices topped $100/b again in February, producers and consumers agreed: if the market sustained its surge into triple digits the world’s economy would suffer, and so would oil demand
Libya in limbo as fighting concentrates on oil infrastructure
“Nato: do it right or leave the fight!” reads a sign in Benghazi, heart of the rebellion against Libya’s Muammar Qadhafi
The war for Libya’s oil
Derek Brower reports from inside the rebel-held east of the country
EIA tots up vast global shale resources
The Energy Information Administration has found 6,000 trillion cubic feet (cf) of technically recoverable shale-gas reserves in 32 countries
Patience pays off for Pickens' natural gas plan
Billionaire T Boone Pickens has gained an important ally in his campaign to curb US oil imports by converting the country’s diesel-guzzling 18-wheelers to domestically abundant natural gas
Bulls lock horns over oil prices
Libya is buoying the oil price, but a peak may be nearing
Libya conflict hits world oil output
Global oil production fell to 85.9 million barrels a day in March
Transparency: no tall order for Clare Short and the EITI
By embracing and enhancing the EITI, resource companies will level the playing field, says Clare Short
Japan nuclear delays lift LNG prices
Spot LNG prices rose this week, after Japan delayed the restart of some nuclear power plants while also bringing in more gas-fired turbines to meet summer electricity demand.
EPA wants answers from Chesapeake
Pennsylvania drilling suspended
China names six for shale sale
Unconventional-gas plans advance
South Africa pushes ahead with fracing ban
Karoo basin applications already under review to escape bar
Cenovus clears oil-sands expansion hurdle
Regulatory clearance to add another 120,000 b/d to Christina Lake
New Brunswick eyes shale future
Rules for “sustainable and responsible” development needed
Saskatchewan launches carbon-capture project
C$1.24bn ($1.3bn) allocated for Boundary Creek power station
New Democrat surge livens up Canadian election
Party proposes stringent climate-change action; NDP could emerge as kingmaker after 2 May vote
Encana backs away from high-growth plans
‘Pure play’ gas strategy hit by slump in Henry Hub price; focus turns to liquids-rich plays
Thais opt for LNG over nuclear
Thailand is preparing to double LNG imports after putting plans for two new nuclear power plants on ice in the aftermath of Japan’s Fukushima Daiichi disaster
BHP keen on LNG role
Marius Kloopers, the chief executive of Australian player BHP Billiton, today reaffirmed the company’s interest in becoming an LNG operator, as speculation continued to mount that the resources player is set to buy a big stake in Woodside Petroleum
EIA sees shale-gas output surge
Shales to meet 47% of US output; liquids share of energy mix to slump
Shale operators face tight rig market
Onshore liquids drilling soars; brisk demand for high-spec rigs
Less is more for Packers Plus
Company says it can reduce the amount of water necessary
Nexen joins Marathon in Polish shale acreage
Marathon will remain operator of the blocks
BLM opens public hearings on US oil-shale
Debate over how much public land to open up to shale and oil sands
Crude prices up as dollar hit new lows; US natural gas stuck in a rut
US labour market was still in a very deep hole says Bernanke