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Gazprom faces growing pressure to change, report says

Apr 1, 2013

Changing global gas markets may compel Russia's state-run Gazprom to dramatically change, two Washington observers suggested, but the changes won't be easy, and will take time, they said at a recent Atlantic Council seminar.

US debate on LNG exports centered at Energy Department

Apr 1, 2013

Use of hydraulic fracturing to produce natural gas and oil from shale and other tight formations has transformed US energy markets. Vast new oil and gas reserves are now commercially accessible, placing North American energy independence within reach.

GIIGNL: Net global LNG trade slides in 2012

Apr 1, 2013

Global LNG imports net of reloads last year reached 236.3 million tonnes, a 1.9% decrease vs. 2011 trade movements, according to a report from Paris-based Groupe International des Importateurs de Gaz Natural Liquefie (GIIGNL).

LNG UPDATE: Global LNG pricing evolves; supply, demand struggle toward balance

Apr 1, 2013

Global LNG faced a number of problems as 2013 began. All reflect industry's growing pains; none responds to easy solution.

'Seamless' market needed

Apr 1, 2013

To promote economic growth, the US needs to look no further than its closest neighbors, Canada and Mexico.

PHMSA proposes ExxonMobil pay $1.7 million fine for pipeline leak

Mar 26, 2013

The US Pipeline and Hazardous Materials Safety Administration proposed ExxonMobil Pipeline Co. pay a $1.7 million fine because of a July 2011 failure of its Silvertip crude oil pipeline across the Yellowstone River near Laurel, Mont.

PHMSA issues CAO to Chevron Pipe Line for products leak in Utah

Mar 26, 2013

The US Pipeline and Hazardous Materials Safety Administration issued a corrective action order on Mar. 22 outlining steps Chevron Pipe Line Co. must take in response to a leak 4 days earlier in its products pipeline near Willard, Utah.

GIIGNL: Net global LNG trade slides in 2012

Mar 25, 2013

Global LNG imports net of reloads last year reached 236.3 million tonnes, a 1.9% (4.5 million tonnes) decrease compared with 2011 trade movements, according to a report issued Mar. 25 from Paris-based Groupe International des Importateurs de Gaz Natural Liquefie (GIIGNL).

Griffiths nearing start of oil production in Chad

Mar 25, 2013

Griffiths Energy International Inc., Calgary, has reported progress delineating Badila and Mangara oil fields in southwestern Chad and constructing facilities for oil export expected to begin later this year.

Watching Government: Overseas efforts enter new phase

Mar 25, 2013

American security and prosperity are increasingly, and inextricably, linked to developing countries, a new Center for Strategic & International Studies report says.

E&Y: New LNG exporters could change pricing status quo

Mar 25, 2013

A broadening of the LNG supply base will support anticipated world demand growth in the next 10-20 years, although pricing scenarios are likely to change with more price-sensitive buyers becoming less willing to pay supply security premiums, according to a recent report by Ernst & Young.

Drewry: LNG trade, fleet heading into choppy waters

Mar 21, 2013

Heating demand in major LNG importing regions fell in February. In addition, cargo availability tightened after a few unplanned shutdowns, leading to a 4% decline in Drewry Maritime Research’s LNG Freight Index.

LNG export strategy should be balanced, expert tells House panel

Mar 21, 2013

The US should adopt an LNG export strategy that provides certainty for producers but doesn’t significantly increase prices for industries and other consumers, an expert told the US House Oversight and Investigations Committee.

Gazprom, MND to build Czech gas storage

Mar 21, 2013

Gazprom of Russia and MND Group of the Czech Republic have agreed to build an underground natural gas storage facility in Damborice, South Moravia.

Gassco lets contract for Emden gas terminal

Mar 20, 2013

Gassco of Norway has let an engineering, procurement, and construction contract to Linde Engineering Dresden GMBH for a replacement natural gas terminal in Emden, Germany.

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