Tag: shale gas

Commercialization, Conventional Fuels

Chevron posts $6.6 billion loss in the fourth quarter

January 31, 2020

Via: CNBC energy

Chevron on Friday posted a $6.6 billion loss in the fourth quarter due to $10.4 billion worth of write-offs related to shale gas production in Appalachia and deep-water projects in the Gulf of Mexico. In December, the company warned that […]

News and Policies, State

Can New York Keep The Lights On While Ignoring Gas From The Marcellus Shale?

July 25, 2019

Via: Forbes

Two neighboring northeast states, each with immense amounts of Marcellus Shale natural gas deposits, will provide the test case on how we use energy in the next decade. Pennsylvania, home to the lion’s share of the Marcellus heritage, welcomed the […]

News and Policies, World

Seeking To Deflate Trade Tensions, EU Will Double US Gas Imports In Five Years

May 3, 2019

Via: Forbes

As trade tensions over steel, cars and airplanes mount between Washington and Brussels, the European Union yesterday tried to calm the situation by convening a summit on an import the two sides both want to see increase – natural gas. […]

Chemical, Conventional Fuels, News and Policies, World

Canada’s Natural Gas Industry Really Needs LNG

April 5, 2019

Via: Forbes

In this booming age of natural gas, high-resourced Canada has seen flat production and demand over the past decade This is a bit surprising since Canada enjoys many of the same advantages that the U.S. shale revolution does (U.S. gas […]

News and Policies, U.S.

US petrochemical industry to experience surge of investment

March 27, 2019

Via: Energy Global

“Since 2010, we have seen over 300 planned chemical projects linked to shale gas, which some argue will generate almost 500 000 temporary and permanent jobs. In capital expenditure terms, this equates to over US$200 billion – signalling a huge […]

Energy Economics

How Trump Could Burn West Virginia, Causing It To Lose An $84 Billion Gas Deal With China

January 22, 2019

Via: Forbes

West Virginia may personify the trade war with China — a state with $84 billion on the line and money that would transform the area. State officials and economic developers are working hard behind the scenes. But they are hampered […]

Commercialization, Conventional Fuels

Shale Gas Is Not A Revolution

July 6, 2017

Via: Forbes

Shale gas is not a revolution. It’s just another play with a somewhat higher cost structure but larger resource base than conventional gas. The marginal cost of shale gas production is $4/mmBtu despite popular but incorrect narratives that it is […]

Chemical, Conventional Fuels

New US pipelines will drive shale gas boom as LNG exports surge

April 13, 2017

Via: American Energy News

Nearly complete pipelines that will connect rich reserves of shale gas in Pennsylvania, West Virginia and Ohio to new domestic and global markets will help make the United States of the world’s top LNG exporters. The US Energy Information Administration says American energy firms […]

Energy Economics

Shale Gas Magical Thinking And The Reality Of Low Gas Prices

May 25, 2016

Via: Forbes

Enthusiasts believe that shale gas is simultaneously cheap, abundant and profitable thus defying all rules of business and economics. That is magical thinking. The recently released EIA Annual Energy Outlook 2016 sparkles with pixie dust as it forecasts almost unlimited gas supply at low prices out […]