Gas

Gas
May, 26, 18:35:00

EGYPT'S GAS INVESTMENTS: $13 BLN

The total volume of Egypt’s investments projected for the drilling and extracting natural gas has reached US$13 billion

Gas
May, 22, 17:35:00

CHINA'S GAS DEMAND UP

The World Bank’s private lending arm is targeting investments in natural gas companies in China, the largest growing market for the fuel.

Gas
May, 22, 17:30:00

U.S. GAS IMPORT

U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas imports (imports minus exports) totaled 1,171 billion cubic feet (Bcf) in 2014, the lowest level since 1987.

Gas
May, 20, 19:00:00

RUSSIA & CHINA: NO SANCTIONS

Russia is developing non-dollar financing and ties with China in the face of U.S. and EU sanctions

Gas
May, 20, 18:55:00

CHINA NEEDS U.S. LNG

"The Chinese market is a very interesting market for us. I wouldn't be surprised if in the future we are delivering LNG to China. And not necessarily small buyers, big buyers as well," said Zanen on the sidelines of the Asia Oil and Gas Conference in Kuala Lumpur, declining to give more information.

Gas
May, 20, 18:50:00

CHINA & U.S. RISKS

China's land reclamation around reefs in the disputed South China Sea is undermining freedom and stability, and risks provoking tension that could even lead to conflict, U.S. Deputy Secretary of State Antony Blinken told a conference in Jakarta.

Gas
May, 15, 18:55:00

U.S. SHALE WILL BACK

Saudi Arabia strategy was an attempt to put pressure on high-cost producers such as the US shale drillers.

Gas
May, 15, 18:50:00

U.S. LNG: NO CHINA

The U.S. Department of Energy has advised American companies not to allow Chinese companies to invest in U.S. liquefied natural gas export projects, the head of one such venture told Reuters on Thursday.

Gas
May, 15, 18:40:00

U.S. GAS UP

Even with the decline in rigs, U.S. dry natural gas production continued to grow, reaching record highs in December 2014 of more than 74.3 billion cubic feet per day (Bcf/d), and retaining an average production in February 2015 of more than 74.2 Bcf/d, a 10% year-over-year rise from February 2014.

Gas
May, 15, 18:30:00

EUROPE: NO SHALE

Despite Europe’s desire to loosen its reliance on Russian gas, the shale revolution has turned out to be a dud. Difficult geological conditions, fierce environmental opposition, cumbersome regulations and a bloody war in Ukraine have conspired to quash investors’ enthusiasm and wear down their patience. The collapse of oil prices to less than $50 a barrel in March was the final straw because the cost of much of Europe’s gas, including Russian imports, is linked to crude.

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