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...Rising shale supplies also helped keep the lights on in Europe following Moscow’s full-scale invasion of Ukraine in 2022, with shipments of US liquefied natural gas — previously labelled “molecules of US...
...There is so much natural gas in west Texas that prices in March turned negative....
...I attribute much of this to US (and Canadian) shale. New drilling techniques have opened up access to enormous oil and gas reserves in North America....
..., the largest natural gas producer in the US....
...Merlin Cochran, director of Mexican Association of Hydrocarbon Companies, said billions of dollars had gone to other countries once Mexico’s tenders were stopped....
...The price of liquefied natural gas delivered to north-east Asia, assessed by price reporting agency Argus, has dropped 23 per cent this year, and is trading at levels last seen in 2021....
...The bullish outlook from the US fossil fuel producers comes amid a period of weak natural gas prices, which has forced a consolidation among shale producers — and an effort to find new sources of demand....
...Now from Turkey to Mexico, where our Mexico and Central America correspondent Christine Murray has been investigating the country’s fragile energy dependence on imports of natural gas from the US....
...Venezuela has the world’s biggest oil reserves, as well as abundant natural gas....
...board of a local producers’ association....
...Qatar plans to further increase its liquefied natural gas (LNG) production capacity following the discovery of vast new gas reserves, as it looks to tap surging demand from China and other Asian nations....
...Other industry groups condemned Biden’s move — not only oil and gas producers but also the American Gas Association, a trade group for utilities that deliver fuel to end consumers....
...Conversely, US industry — including steel and chemicals — might benefit from the added availability of even cheaper natural gas....
...Today’s newsletter looks at a subject that has been the source of much consternation in the US over the past week: President Joe Biden’s decision to freeze permitting for new liquefied natural gas infrastructure...
...Today, as a multibillion-dollar wave of consolidation washes over the Permian Basin — the engine room of America’s oil industry — that landscape has been transformed....
...It follows another case in which a group of land owners in West Virginia alleged natural gas producer EQT had fraudulently transferred 700 ageing wells to Diversified Energy to avoid clean-up responsibilities...
...Geoffrey Pyatt, US assistant secretary of state for energy resources He said the US was very focused on crippling Russia’s future energy revenues by ensuring it does not develop new liquefied natural gas...
...Meanwhile, US exports of liquefied natural gas — which have boomed since the first cargo from the Gulf of Mexico set sail in 2016 — will continue to grow as more export facilities come online, EIA forecast...
...“There is no way the US rig count grows after the recent wave of consolidation,” Conrad Gibbins, co-head of the upstream Americas business at Jefferies, told me....
...More than a third of US bridge spans need significant repairs and should be replaced, according to the American Road & Transportation Builders Association....
...of Guyana in South America....
...Steve Hill, head of liquefied natural gas trading at Shell, will depart the company after eight years....
...The village of Bourakébougou in Mali is often seen as the birthplace of natural hydrogen extraction....
...“We are going to be using oil for the next 50 years and ‘clean burning’ natural gas probably for the next 100 or 150 years . . . we want to get the next generation of game-changers involved,” said the businessman...
...But little discussed in the campaign is that Mexico remains highly dependent on natural gas imported from the US for its energy mix, another issue on a long to-do list the next leader will have to address...
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