Several developments in 2010 will linger well into 2011. My colleagues and BMI’s Oil and Gas Team see industry majors continuing their push into deepwater drilling and unconventional hydrocarbons, while cash-rich national oil companies keep looking for upstream opportunities. Depressed US gas prices are unlikely to move significantly in 2011, while Asia-Pacific remains the LNG… [Read more]

In 2008 a nuclear renaissance in Europe and North America was heralded for a variety of reasons: A combination of high oil and gas prices meant nuclear was cost competitive The need to expand electricity generating capacity as Communist-era power plants in Eastern Europe and heavy polluting plants in Western Europe were due to shut… [Read more]

Shale gas is the topic du jour right now in the energy industry. In the US, soaring production from shale, thanks to advances in hydraulic fracturing and horizontal drilling technology, has turned the gas market on its head. While just a few years ago, the US was planning for rising gas imports, now LNG (liquefied… [Read more]

One area of significant interest in the US energy market over the past eighteen months has been hydrocarbons extracted from shale. Strong industry interest in shale-derived gas may yet reverse the medium-term decline in US natural gas production. Shale deposits are widespread across the US, but concentrated in states such as Texas, Arkansas, Oklahoma, Pennsylvania… [Read more]