Recent decisions by governments and energy companies highlight a growing focus on energy security over energy transition. South Korea, a leading importer of fossil fuels and home to some of the largest chemical companies in Asia Pacific, recently commissioned geophysical exploration that showed likelihood of 14 billion barrels of oil and gas off the coast […]
LNG bunkering in North America
With tightening emissions on the horizon and reduced fuel costs, LNG for marine applications has garnered lot of attention. However, there are relatively few ships fueled by LNG today and the vast majority operate only in northern Europe. Only one LNG-fueled ship is operating in North America today, Shell’s Harvey Energy. There are several reasons […]
Oil Majors Pursue Energy Storage
In May 2016, Total announced a $1.1 billion purchase of battery maker, Saft. This is the largest investment into energy storage by an oil and gas company to date. Total is not alone in investing in energy storage technology to help support efforts to provide more renewable energy. Several other oil and gas companies have […]
Petronas Starts-Up While Other FLNG Projects Struggle
Earlier this year, Petronas launched the world’s first floating liquefied natural gas (FLNG) vessel, PFLNG 1. The vessel is capable of producing 1.2 mtpa of LNG and is located offshore in the Kanowit field ~115 miles southwest of Malaysia. PFLNG 1 marks the first of what could be many FLNG projects worldwide. However, falling oil […]
Improving Capital Projects with Modularization
Capital projects drive growth in the oil and gas industry and, yet, are plagued by cost and schedule overruns. In 2015 there were an estimated 800 oil and gas projects costing over $500 billion and one-third will end up facing delays. Operators are constantly searching for ways to improve performance, meet schedules, and reduce costs. […]
Shell Creates a Stronger LNG Portfolio with BG
We spent this morning chatting with a couple news reporters about Shell’s decision to buy BG and figured a blog post around it may be interesting. Given our work in natural gas monetization, we believe that this transaction significantly strengthens Shell’s position in global LNG markets. First, it enhances the quality of Shell’s LNG supply […]
Can Canadian LNG Truly Compete with U.S. LNG?
The shale gas boom in North America has drawn a lot of attention to LNG exporting projects in the United States, but there are several projects based in Canada that are also aiming to export the regional surplus of natural gas. These projects have the same aim as the projects in the United States but […]
New Approaches to FLNG
Floating liquid natural gas (FLNG) is a new technology pioneered by Shell, but companies are already trying different approaches to improve its cost effectiveness and speed of construction. As a first mover in this space, Shell is using its scale and traditional leadership in oil and gas technology to its advantage. Golar is using its […]
Corporate social responsibility in the oil and gas industry
Two interesting articles that appeared last week highlighted for me a project that ADI Analytics recently completed on benchmarking corporate social responsibility (CSR) in oil and gas companies. The first was in the Economist and talked about how CSR is now more constructive and better ingrained with core business operations and goals. The second is a […]
Shell’s growing bet on biofuels
Shell’s $1.6 billion investment http:in Brazil’s Cosan to create a $12 billion joint venture indicates the company’s growing comfort with the economics of biofuels. Of course, sugarcane-based ethanol has always been far more viable economically than the U.S. focus on corn ethanol. Nevertheless, creating a separate JV integrating a variety of biofuels routes with an […]
