Price volatility induced by the war in Ukraine should ease eventually, but DUCs will be plentiful this year and the era of endless production growth and low costs is likely over, says BTU Analytics.
An agreement to supply Europe with more LNG includes a pledge to reduce demand for oil and gas; but does it also mean a green light for Gulf Coast export terminals?
Sanctions, Biden’s LNG plan and the prospect of Russian countermeasures dominate thinking at the moment, but don’t forget the COVID surge in China.
Exxon Mobil continues to pursue opportunities to divest, and the oil and gas supermajor’s Bakken assets could be worth $5 billion.
Call it the effects of a war, wrapped in a pandemic, inside an energy transition. Or just call it oil and gas March markets madness. Either way, it comes down to supply and demand.
Glick insists that tougher reviews of infrastructure projects on the front end will enable permit approvals to survive court challenges.
The heads of the three companies at CERAWeek cited innovation, combined with investment and a streamlined permitting environment, as keys to the necessary promotion of U.S. natural gas around the world.
Managing data is vital in achieving emissions and sustainability goals, says an expert in energy technology.
Oil production will continue to grow, buoyed by exports, and oil and gas will retain their top spots in U.S. consumption, the EIA says in its annual outlook.
The latest move by FERC that would require permits for the construction of natural gas infrastructure to involve projections of emissions from construction, operation and users of transported gas, will likely be tested in the courts.
