Global Energy Industry News

Running the Numbers on a Low Cost Natgas Producer

February 12, 2016
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Winter started late destroying demand for natural gas in America. Natural gas storage touched record levels at the end of the refill season. NYMEX Henry Hub futures briefly traded below 2 per MMBT

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Source:: Oil Voice […]

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Move over, China — India will drive future oil-demand growth

February 12, 2016
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By hellenicshippingnews Worried about China’s future oil demand? Fear not. India will pick up the slack and, in fact, overtake China as the main engine for global energy-demand growth by 2040, according to the International Energy Agency. While the world’s second largest economy still features […]

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COLUMN-U.S. refiners eye gasoline demand after winter storms: Kemp

February 12, 2016
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LONDON, Feb 12 (Reuters) – The prospect that U.S. oil refiners might respond to rising stockpiles of refined fuels and weakening margins by cutting the amount of crude they process has roiled oil markets in recent days.

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Source:: Reuters UK Natural Resources […]

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U.S. shale oil output to double by 2035: BP

February 11, 2016
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By hellenicshippingnews U.S. shale oil production will double over the next 20 years as drillers that became more efficient amid a slump in oil prices unlock new resources, British energy giant BP said. In its industry benchmark 2035 Energy Outlook, BP forecast global demand for energy to […]

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