Posts Categorized: Articles

On April 2nd, 2024, Reuters reported White House officials being open to ending the pause on approvals of liquefied natural gas (LNG) exports to obtain Republican support to get a Ukraine aid package as part of the $95 billion bipartisan national security agreement. The White House has labeled this development… Read more »

Despite stringent capital discipline exercised by oil and gas producers in recent years, U.S. hydrocarbon production continues its impressive growth trajectory. The Permian shale play stands out as a major contributor to this expansion, defying expectations and consistently boosting hydrocarbon output. Notably, even as natural gas prices in the region… Read more »

After more than a decade of lackluster performance, natural gas storage assets are back in vogue, and thriving. Consider the following gas storage trends in the U.S.: The golden age of gas storage version 2.0 is truly underway!

Recent production data from the Energy Information Administration (“EIA”) confirms the Permian basin’s dominance in the U.S. oil production landscape. Oil production in the Permian continues to set new records, with June 2023 oil production reported at a new high of ~5.8 Million barrels per day (MMBPD). This growth is… Read more »

Ammonia is one of the hottest topics in the energy market as is evident from multiple project announcements, FEED & EPC awards and in some cases positive Final Investment Decisions on large clean ammonia projects. In April, Yara and Enbridge announced they signed a letter of intent for the joint… Read more »

Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs with gas production reaching ~16.8 Bcf/d in April 2023 equivalent to ~17% of all U.S. dry natural gas production. More impressive is the 11 Bcf/d growth in gas production achieved since getting a new lease of life in 2017- that… Read more »