It’s been a rough year for US shale producers. Prices collapsed, investment collapsed, the rig count collapsed, jobs collapsed. And production collapsed. Things are looking up now, though recovery will not be as swift as in the last big price collapse in 2015. Continue Reading
LNG exports have increased the domestic natural gas price in the eastern part of Australia, and domestic gas users are grumbling. But that’s not the whole story and, as it often is the case, things are not as simple as they appear. Continue Reading
The oil boom in the 1970s and early 1980s and the resulting social and economic crisis left policymakers with valuable lessons that, considering today’s conversation around the role of the oil industry in Mexico, should not be overlooked. Continue Reading
OPEC is in fighting form. Since the disastrous Saudi-Russia price war, OPEC has stepped up its game, fixing global oil markets in the midst of an unprecedented demand collapse, and exacting revenge on quota cheaters – just in time for its 60th birthday. Continue Reading
The staggering collapse in Venezuela’s oil and gas industry has renewed calls for liberalizing reforms. But a democratic transition and legal reforms may not be enough to attract the large investments needed. Continue Reading
Prices of natural gas have fallen precipitously in recent months. This could provide an unprecedented opportunity for natural gas importers. But besides the benefits of a buyer’s market, one should also consider the negative effects that ultra-low gas prices can have on the natural gas market. Continue Reading
Who is the world’s largest energy producer? Saudi Arabia? Russia? The United States? — (which is the world’s biggest producer of oil, natural gas and nuclear power). Nope. It’s China … by a long way. Continue Reading