Two chief executives who contributed to the US shale boom came together on Feb. 24 to lament the current oversupplied, low-price environment they helped create, and explain how their respective firms have remained resilient in spite of it all. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
Article Abstract: The performance of Blood & Oil, a soap opera based on the North Dakota oil boom, is not going well. The show saw its episodes trimmed by ABC amid tepid viewer interest. But the real life Bakken is also suffering from a lack of interest, a development that doesn’t bode well for the…
Article Abstract: In a new Oilgram News column, Fuel for Thought, Herman Wang explains how the abundance of domestic crude oil production gives the US diplomatic leverage and considers how — or if — that could change if export restrictions were lifted. US Secretary of State John Kerry’s declaration last month that the US shale boom…
Article Abstract: One thing I live by is the belief that “if coincidences keep happening they are no longer coincidences.”There seem far too many coincidences to credibly believe that the oil price drop is solely tied to U.S. producers over-producing, easy money from the fed, and previously high oil prices kicking off the shale boom….
Article Abstract: For the first time since America’s shale boom began, the flow of natural gas from the nation’s biggest reservoir is close to dropping below year-ago levels. from Rigzone.com: Latest News Headlines Click Here To Read Full Article Visit Rigzone.com: Latest News Headlines for more great articles.
Article Abstract: “Price will not go up to a hundred as easily as before,” the former IEA head said. from Fuel Fix Click Here To Read Full Article Visit Fuel Fix for more great articles.
Article Abstract: Argentina has often been held up as the next most likely location for a shale revolution, with some of the largest shale oil and gas reserves in the world.Argentina could hold more than 800 trillion cubic feet of shale gas, more than the U.S., and second only to China, according to the EIA….
Article Abstract: SEAPOWER Magazine Online Florida’s Only LNG Plant Is Scrapped as Shale Boom Sinks DemandBloombergA proposed liquefied natural gas import project in Florida has become a casualty of a boom in domestic production that is poised to see the U.S. become an exporter of the power plant fuel by 2017. Port Dolphin Energy LLC…
Article Abstract: UPI.com Tailwind for importers Japan, South Korea flexing muscles in LNG purchasesNikkei Asian ReviewTOKYO — Japan and other major importers of liquefied natural gas are gaining the upper hand in negotiations with suppliers in light of a global supply surplus resulting from the North American shale boom. Japan and South Korea — the…
Article Abstract: The collapse of oil prices will have a slightly bigger impact on US crude production this year and the next than previously estimated, the EIA says. from Rigzone.com: Latest News Headlines Click Here To Read Full Article Visit Rigzone.com: Latest News Headlines for more great articles.