Posts

Showing posts with the label Natural Gas

Natural gas use for power generation falls as industrial sector's use continues to rise

Image
DECEMBER 4, 2013 Natural gas use for power generation falls as industrial sector's use continues to rise http://www.eia.gov/todayinenergy/detail.cfm?id=14031 Source: U.S. Energy Information Administration, Natural Gas Monthly and Short-Term Energy Outlook (STEO) Note: October 2013 and November 2013 consumption volumes represent preliminary STEO estimates. For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012. EIA estimates that electric power sector natural gas consumption was, on average, down by 13% so far in 2013 (through November), relative to the same time period in 2012. By contrast, industrial sector natural gas consumption in 2013 was up 3% compared with 2012.

Logistics data shows where the real risks in moving oil reside

Logistics data shows where the real risks in moving oil reside Based on virtually all metrics of safety, whether environmental, occupational or residential, movement of oil and gas is safest via pipeline, less safe via rail and still less safe via roadway http://www.biv.com/article/20131112/BIV0108/311129867/-1/BIV0108/logistics-data-shows-where-the-real-risks-in-moving-oil-reside By Kenneth Green Tue Nov 12, 2013 12:01am PST

Commodity supercycle is ‘alive and well’: McKinsey & Co.

Commodity supercycle is ‘alive and well’: McKinsey & Co. September 26, 2013, 12:16 PM Recent declines in commodity prices have raised the idea that the so-called commodity supercycle is over, but not everyone believes that. http://blogs.marketwatch.com/thetell/2013/09/26/commodity-supercycle-is-alive-and-well-mckinsey-co/

Natural Gas: Time to Short or Not Just Yet?

Natural Gas: Time to Short or Not Just Yet? Published: Thursday, 28 Mar 2013 | 9:32 PM ET By: Drew Sandholm Producer Natural gas shot up 20 percent in the first quarter, its fourth straight quarterly gain, begging the question — can this hot streak continue? http://www.cnbc.com/id/100601504

Natural Gas Prices on the Rise, Challenging 'Cheap' Label

Natural Gas Prices on the Rise, Challenging 'Cheap' Label Published: Wednesday, 27 Mar 2013 | 11:27 AM ET By: Javier E. David, Giovanny Moreano Those "cheap" natural gas prices everyone keeps talking about? They may not stay that way much longer. http://www.cnbc.com/id/100597089

Pro: Trading the Natural Gas Rally

Pro: Trading the Natural Gas Rally Published: Monday, 25 Mar 2013 | 10:42 AM ET It's the rally you probably haven't heard about. The price of natural gas has spiked to its highest level since 2011, advancing 17 percent year-to-date, as supplies declined for 14 consecutive weeks. http://www.cnbc.com/id/100588163

Why the Nat Gas Rally Could Run Out of Gas

Image
Why the Nat Gas Rally Could Run Out of Gas Published: Friday, 22 Mar 2013 | 10:36 AM ET Natural gas has been ablaze. The commodity has doubled over the past eleven months, and just this week traded up to its highest level since September 2011. So can the rally continue? Well, one potential problem lies on the chart horizon. http://www.cnbc.com/id/100582414

SG Commodities Review: The four consequences of the US shale gas revolution

Image
SG Commodities Review: European Gas and LNG Thierry Bros 2013.03.20 The four consequences of the US shale gas revolution 1/ US coal is displacing Russian gas in Europe The US shale gas revolution pushed Cheap US coal and is displacing expensive gas for power generation in Europe. But, faced with record low European gas demand, Norway managed to increase its production, forcing Gazprom to act as the swing supplier.

SG Commodities Review: European Gas and LNG

SG Commodities Review: European Gas and LNG Thierry Bros 2013.03.20 ■ Norway exported a record 107.6 bcm of pipe gas in 2012, according to the gas system operator Gassco.

SG Commodities Review: US Natural Gas

SG Commodities Review: US Natural Gas Laurent Key 2013.03.20 ■ SG research’s Cal 13 price forecast was revised 20 cents higher vs last quarter at $3.70, due to the bullish withdrawals experienced at the end of the winter.

Turkey May Block Use of Natural Gas for Cyprus Bailout

Turkey May Block Use of Natural Gas for Cyprus Bailout Published: Thursday, 21 Mar 2013 | 3:13 PM ET Turkey could challenge any move by Cyprus to speed up offshore natural gas exploration as a way of attracting desperately needed investment to save its teetering economy, senior Turkish officials said Thursday. http://www.cnbc.com/id/100579091

Can Natural Gas Become the New Gasoline?

Can Natural Gas Become the New Gasoline? Published: Friday, 8 Mar 2013 | 11:27 AM ET By: Javier E. David Special to CNBC.com Natural gas is abundant, clean and far cheaper than diesel. That has the U.S. transportation and auto industries looking for ways to kick their dependence on dirtier fossil fuels. http://www.cnbc.com/id/100537924

US Gas Exports Will Shake Up Global Market

US Gas Exports Will Shake Up Global Market Published: Thursday, 7 Mar 2013 | 6:32 AM ET By: Patti Domm CNBC Executive News Editor Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets. http://www.cnbc.com/id/100530615

Will Floating LNG Revolutionise The Natural Gas Industry?

Image
Will Floating LNG Revolutionise The Natural Gas Industry? Posted February 21, 2013 Floating liquid natural gas, the notion of performing gas liquefaction offshore on a floating vessel near the point of extraction, has seen a growth in interest since around 2006. Several companies prepared a Floating LNG concept and performed research to develop some non-existing, though indispensable, technological components. During the following years, the industry was marked by some long debates about whether the technology had progressed sufficiently for the deployment of the first unit. After years of discussion and investments, the first Floating LNG project, Shell’s Prelude, has finally been announced in 2011. Today the industry counts over 20 other FLNG projects and its business is sized to exceed 60 Billion USD for the next decade. http://theenergycollective.com/celinerottier/189491/will-floating-lng-revolutionise-natural-gas-industry

UPDATE 1-Shell, Kinder plan to export natgas from United States

http://www.cnbc.com/id/100413394 UPDATE 1-Shell, Kinder plan to export natgas from United States Published: Monday, 28 Jan 2013 | 2:38 PM ET By: Jeanine Prezioso * LNG exports planned from Elba Island near Savannah, Georgia * LNG cargoes fetch as much as $18/mmBtu, US price below $4 * Exports have US DOE approval but project under review

Natural Gas Exports for U.S. Jobs, Growth, and Trade

Image
Natural Gas Exports for U.S. Jobs, Growth, and Trade Posted January 27, 2013 This week API, on behalf of the U.S. oil and natural gas industry, furnished comments on the Energy Department’s 2012 study of the impact of exporting U.S. liquefied natural gas (LNG). You can read them in full here , but let’s cover some of the main points: http://theenergycollective.com/mark-green/177261/lng-exports-us-jobs-economic-growth-trade

New Report by Agency Lowers Estimates of Natural Gas in U.S.

http://www.nytimes.com/ News Analysis New Report by Agency Lowers Estimates of Natural Gas in U.S. By IAN URBINA Published: January 28, 2012 WASHINGTON — Just how much natural gas is trapped underground in the United States? The difficulty and uncertainty in predicting natural gas resources was underscored last week when the Energy Information Administration released a report containing sharply lower estimates.