Standard Poor's: Shale energy boom an increasingly important pillar of US economic growth
May 22, 2013
The rapid increase in natural gas, natural gas liquids, and crude oil production from onshore domestic shale formations has been positive for revenue, costs, and credit quality in many corporate industry sectors, while materially hurting others. |
Analyst to Australia's LNG investors: Don't expect government relief in face of soaring costs
May 22, 2013
While the Australian LNG sector has massive financial potential, ballooning development costs, driven by the prodigious strength of the Australian dollar, are continuing to chip away at profit forecasts. But despite the emergence of such a challenging macroeconomic environment, the national government is unlikely to offer concerned investors any respite, says an energy expert with research and consulting firm GlobalData. |
Outlook on US exploration and production industry remains stable, says report
May 20, 2013
Most rated US exploration and production (E&P) issuers continue to carry stable outlooks and will continue to remain stable at least for the remainder of this year, said Standard & Poor's Ratings Services in an industry report card published May 17, 2013, titled "Outlook On US Exploration And Production Industry Remains Stable On Strong Oil Prices." |
Oil and gas transaction appetite down slightly as confidence in economic outlook grows
May 13, 2013
Oil and gas executives are increasingly optimistic about the global economy and industry jobs, according to Ernst & Young’s 8th Global Capital Confidence Barometer. |
S&P report: Canadian oil and gas industry is in for a subdued year
May 8, 2013
So far this year, Canada’s oil and gas industry is continuing to expand, but at a less healthy pace than it has enjoyed recently, says a report published May 8 by Standard & Poor's Ratings Services. |
Reader picks: Most popular April OGFJ articles
May 2, 2013
The most viewed articles on OGFJ.com for the month of April 2013. |
Green energy advocates should run towards natural gas
May 1, 2013
Environmentalists have made it no secret that they aren't happy with the dramatic rise of the natural gas industry, but given the current economic climate and global market demand, there's no other form of energy they should be more excited about. |
Evolving market dynamics of global LNG
May 1, 2013
The modern global LNG industry is approaching its 50th birthday in 2014. A massive amount of new LNG capacity has been proposed — as much as 350 million (metric) tonnes per year (mtpa) — which, if all were built, would more than double current capacity (of less than 300 mtpa) by 2025. |
US natural gas prices reach two-year high
Apr 23, 2013
Cutbacks in US natural gas drilling and production and higher North American demand combined to decrease storage levels and raise prices above $4/mmbtu in the first quarter of 2013, according to Ernst & Young Oil & Gas Center’s quarterly analysis. |
Subsea hardware spend to double to $124 billion
Apr 23, 2013
Subsea hardware spend is set to double to $124 billion during 2013-2017 compared to the preceding five-year period, according to market research and consulting services company Douglas-Westwood (DW). |
Standard Poor's: Shale energy boom an increasingly important pillar of US economic growthThe rapid increase in natural gas, natural gas liquids, and crude oil production from onshore domestic shale formations has been positive for revenue, costs, and credit quality in many corporate industry sectors, while materially hurting others. |
Analyst to Australia's LNG investors: Don't expect government relief in face of soaring costsWhile the Australian LNG sector has massive financial potential, ballooning development costs, driven by the prodigious strength of the Australian dollar, are continuing to chip away at profit forecasts. But despite the emergence of such a challenging macroeconomic environment, the national government is unlikely to offer concerned investors any respite, says an energy expert with research and consulting firm GlobalData. |
Outlook on US exploration and production industry remains stable, says reportMost rated US exploration and production (E&P) issuers continue to carry stable outlooks and will continue to remain stable at least for the remainder of this year, said Standard & Poor's Ratings Services in an industry report card published May 17, 2013, titled "Outlook On US Exploration And Production Industry Remains Stable On Strong Oil Prices." |
Oil and gas transaction appetite down slightly as confidence in economic outlook growsOil and gas executives are increasingly optimistic about the global economy and industry jobs, according to Ernst & Young’s 8th Global Capital Confidence Barometer. |
S&P report: Canadian oil and gas industry is in for a subdued yearSo far this year, Canada’s oil and gas industry is continuing to expand, but at a less healthy pace than it has enjoyed recently, says a report published May 8 by Standard & Poor's Ratings Services. |
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Bringing oil and gas reserves to bookAhead of the annual SPE London Conference, Alejandro Primera, senior reservoir engineer and continuing education chair for SPE London examines the uncertainties surrounding sub-surface characterization and how it impacts on an oil and gas firm's future performance. |
Poll: Support for hydraulic fracturing exceeds oppositionA recent University of Texas poll asked respondents what they thought about a variety of energy issues, not the least of which was hydraulic fracturing. Interestingly, the poll actually shows how anti-energy activists are losing in their misinformation campaign against responsible shale development. |
IHS CERAWeek: US, Russia hold key roles in global energy journey, says BPAs the demand for energy grows, opportunities exist in the ‘global energy journey,’ where the US and Russia hold key roles, said BP PLC chief executive Bob Dudley in an opening keynote address March 6 to attendees at IHS CERAWeek in Houston. |
Saudi Arabia world's largest petroleum producer and net exporter in 2012Saudi Arabia was the world's largest producer and exporter of petroleum and other liquids in 2012, producing an average of 11.6 million barrels per day (bbl/d) and exporting an estimated 8.6 million bbl/d (net). |
SMU conference aims to spur development of geothermal production in oil and gas fieldsSMU’s Geothermal Lab will host its sixth Geothermal Energy Utilization Conference March 12-14 on the SMU campus in Dallas.The conference will advance the understanding of technology that allows the production of emission-free energy while extending the life of an oil or gas field – developing a sedimentary basin into a total energy solution. |