Onshore
Scrapping 79 Japanese nuclear facilities to cost roughly $17.1B
The state-backed Japan Atomic Energy Agency (Jaea) said last week it would have to spend roughly 1.9 trillion yen ($17.1 billion) to close 79 facilities over 70 ...
Nigeria-Morocco pipeline to face considerable challenges: Fitch
The planned Nigeria-to-Morocco natural gas pipeline (NMGP) faces a myriad of challenges and is "unlikely to materialize in the short or medium-term," Kallanish Energy learns from analysts at Fitch Solutions Macro Research.
Iraq’s policies on upstream development ‘stalled’: GlobalData
Despite Iraq’s ambitions to expand its crude oil and natural gas production, the country’s policies to support upstream development appear stalled, Kallanish Energy learns from data/analytics firm GlobalData. Iraqi oil ...
U.S. natgas consumption set record in 2018
U.S. natural gas usage jumped 10% in 2018, to a record 82.1 billion cubic feet per day (Bcf/d), the Energy Information Administration reported. Domestic consumption of natural ...
Argentina changes unconventional gas subsidy program
Argentina’s government has decided to change the country’s subsidy program for unconventional gas development leaving projects in limbo, Kallanish Energy learns from local producers YPF and Pampa Energia. ...
Crude worldwide plunges after questions about oil demand
Oil prices fell Tuesday, briefly entering bear market territory, after the U.S. said it will allow some of Iran’s biggest customers to continue importing the Opec member’s crude without violating reinstated ...
Cost of U.S. nuclear generation at 8-year low
The average total generating costs for U.S. nuclear reactors in 2017 were 19% lower than in 2012, the highest-cost year in the last eight, a study released ...
Saudis could invest $5B in Russia’s Arctic LNG 2
Saudi Arabia is willing to put some $5 billion into the $25 billion Russian liquefied natural gas (LNG) project Arctic LNG 2, Russian Direct Investment Fund (RDIF) CEO ...
Colombia’s Ecopetrol plans first fracking project
Colombia’s state-run oil company, Ecopetrol, has applied for a permit to launch the country’s first hydraulic fracturing project, targeting unconventional resources in Magdalena Medio, central Colombia. According to CEO Felipe ...
Gas production to rise nearly 1 Bcf/d in 7 major basins/plays: DPR
Natural gas production from the U.S.’s seven most prolific unconventional regions is projected to increase nearly 1 billion cubic feet per day (Bcf/d) from September to October, a new survey ...