Mexico’s shale industry may find traction in 2016. Well-prepared early movers will bid on the choicest geologic areas in one of the most anticipated shale offerings of recent years. Source: News
Surge in NGL and tight-oil supplies creates worldwide 'light-ends space'
While many analysts agree that oversupply, rather than weak demand, led to the current slump in the price of crude oil, few have looked closely at the nature of that supply overhang. Source: News
Information, without politics
It was not like the usual proceedings in the Natural Resources Committee hearing room on the Longworth House Office Building’s third floor. Maybe that was because no committee members attended the May 16 event. Source: News
Iranian moderates exist-in fact and political marketing
Controversy over marketing of last year’s nuclear deal has revived senseless assertions that Iran has no moderates. Source: News
Trump's energy speech
Donald Trump broke the seals on three important issues in a speech about energy May 26 in Bismarck, ND. The Republican aspirant to the US presidency sensibly sees the subject as a way to differentiate himself from Hillary Clinton, the probable Democratic candidate. To succeed, however, he’ll have to develop his themes to depth uncharacteristic […]
Lost in translations
After nearly 3 years working for Oil & Gas Journal, the current weekly column marks this editor’s first to appear in a monthly printed issue. As momentous an occasion as this first time may be for an OGJ editor, it’s also as equally nerve-racking. Source: News
Letters
Source: News
AWE boosts natural gas reserves onshore W. Australia
AWE Ltd., Syndney, reported a 93% increase in the 2P reserves in its Waitsia natural gas field in the onshore North Perth basin of Western Australia. Source: News
Methane emissions curbs costlier than earlier estimates, study says
The cost to reduce methane emissions from natural gas systems is nearly five times greater than previous estimates suggest, according to a study commissioned by ONE Future, a coalition of six US gas industry firms. The ICF International Study concluded that curbing methane emissions from US gas systems would cost an estimated $3.35/Mcf of methane […]
FCC incident forces unplanned shutdown of Unipetrol’s Kralupy refinery
Crude oil processing remains suspended at Unipetrol AS subsidiary Ceska Rafinerska AS’s 3.3 million-tonne/year Kralupy refinery in Czech Republic following an unplanned shutdown of the plant in May. Source: News