In the age of prolific and immediately-recoverable onshore gas resources, gas or methane hydrates — a resource for the future — may not be a fashionable topic. However, a successful proof-of-concept test on the Alaskan North Slope is a promising advance of gas hydrate technology. A consortium comprising ConocoPhillips, National Energy Technology Laboratory, University of […]
Spurring natural gas demand with technology
Just within a few years of its founding, the ARPA-E has done an incredible job of identifying critical innovation gaps and funding a number of creative ideas with the potential of delivering disruptive breakthroughs. We can now add speed and timeliness to the organization’s credit. The continued slump in natural gas prices underlines the commodity’s […]
Replicating the shale gas story globally
The North American success story has motivated a number of foreign countries and companies to initiate efforts toward developing their local shale gas resources. The potential is very promising: a study commissioned by the EIA concluded that nearly 6,000 trillion cubic feet (tcf) of gas reserves are available in 32 countries — far more than […]
The shale gas weekend
Shale gas seems to be the flavor of this weekend wherever one looks. If the Wall Steet Journal did an editorial defending fracking, the New York Times continued its superb Drilling Down series on shale gas with a piece questioning if the industry was another bubble in the making. The WSJ editorial was a great […]
U.S. as a Natural Gas Exporter?
It’s a far cry from the situation five years ago when oil and gas majors were scrambling to build LNG import terminals in the U.S. But a lot has changed in the past five years with the shale gas revolution. So today companies are exploring terminals to export gas from the U.S. Notwithstanding the promoters’ […]
China is the New Energy Dragon
It’s official. China is the world’s largest consumer of energy. This happened a lot sooner — at least five years — than projected thanks to the disproportionate impact of the Great Recession on the U.S. relative to China. More significantly, this is an inexorable phenomenon as the IEA announcement notes: Since 2000, China’s energy demand […]
ConocoPhillips: An unfair rap?
So ConocoPhillips has not done well on the stock market in recent times. It also did not help when Warren Buffett described his super-investment in the company as a “dumb” mistake. Conventional analysis has held ConocoPhillips’ $35.6-billion acquisition of Burlington Resources responsible for its recent woes. We are not convinced. For example, ExxonMobil’s $41-billion acquisition […]
Natural gas in India
Dr. Vijay Kelkar, Chairman of India’s 13th Finance Commission, is an eminent economist and public policy intellectual widely recognized within India as an unrelenting champion of privatization, liberalization, and market-based economic and financial policies. Over his long and distinguished career in public service, Dr. Kelkar has made numerous contributions to public policy with his revolutionary […]
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