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Booming, but for how long?

With the rapid rise in demand for LNG from Asia, the Australian coalbed methane (CBM) industry is booming. But could competition from US and Chinese shale gas frustrate Australian ambition?

 

Countdown to wire 2012 and Tube 2012: one month to go

In just one month, time will have come around again: wire 2012 and Tube 2012 will be presenting technology highlights from their respective sectors in the exhibition halls on the Rhine in Spring 2012.

 

Development in the Year of the Dragon

Ng Weng Hoong covers China: increased deal-making on permanent US$ 100/bbl oil, geo-political instability and financial crises.

 

Nabucco gas supply uncertainty

As long as there is uncertainty over the gas supply sources, it seems a final investment decision on Nabucco gas pipeline project cannot be made.

 
 

New tendering process for Mombasa-Nairobi pipeline

Under unclear circumstances over what happened to the initial tender, the Kenya Pipeline Company has embarked on a fresh tendering process for replacement of the aged Mombasa-Nairobi pipeline.

 

Austin exploration raising funds for new shale exploration programme

Austin Exploration Ltd has resolved to raise up to approximately $20 million to fund a new drilling campaign in the Eagleford and Niobarra shale areas. The company plans to raise the funds through a share placement and a shareholder share purchase plan.

 

API comment on energy security

The American Petroleum Institute has called the President鶹ýӳs approach to energy security a Jekyll and Hyde approach and says it hurts consumers.

 

AFPM criticise energy tax

American Fuel and Petrochemical Manufactures has criticised President Obama鶹ýӳs proposed energy tax increases.

 
 

New large diameter pipeline JV announced

Cabot Oil & Gas Corporation has announced a new joint venture with Williams Partners L.P. to develop and construct a large diameter pipeline, specifically designed to transport Cabot's Marcellus production to both the New England and New York markets.

 
 
 
 

White House reviews fracking legislation

The White House Office of Management and Budget (OMB) has received a set of laws regulating fracking in the US and is due to review them.