Energy Perspectives
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A broader natural gas perspective of the Ukraine crisis
Massive outstanding debts for Ukrainian natural gas imports from Russia, the Ukraine’s approchement to the EU, followed by Russia’s annexation of the Crimea and support of separatist forces in eastern Ukraine, have…
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Natural Gas Recapture of the UK Power Market, and the Butterfly Effect
The incredible has happened – again. The fall in NBP gas prices by about 50% from over 70 p/th this past winter has made natural gas attractive for power generation in the UK. The…
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Launch of Energy Perspectives’ iGIS/LNG Global Gas Intelligence Solution
As recent tumultuous energy market events have shown, the value of, and need for powerful business intelligence has never been greater. Market information and tools to support companies’ operations in conventional natural…
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Norway’s double hit from the European gas price fall in 2014 – What happened?
Overstocked gas storage facilities and a mild winter have been blamed for the strong fall in European spot gas prices in 2014. However, the surprising increase in LNG imports from – and…
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The Bakken – below 1 million Bbl/d?
The explosive growth in North Dakota oil production, mainly driven by exploration in the Bakken and underlying Three Forks shales structures, has driven a resurgence in US energy supply confidence. In parallel,…
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Ukrainian and Crimean crisis – European energy policy and market effects
The complex Ukrainian and Crimean situation has an abundance of Cold War, WW2, and maybe even Ottoman Empire parallels, leading back to the early days of Caspian oil development. Russian oil exports…
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70 $/MMBtu for shale gas in the US – you must surely be joking?
Yet that was the situation on some key locations on 5 February 2014, and typical prices were well above the magical crude oil parity of 15 $/MMBtu. LNG vessels sharply changed course…
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The shale well factory coming of age
While international E&P costs have increased strongly in recent years, new data from US oil and gas companies show 30-50% gains in efficiency and yield of shale oil and gas operations just…
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Pennsylvania’s Act 13 – Towards public acceptance of Marcellus and shale gas
The images of burning water and the resulting environmental discussions in the past two years have faded and natural gas production from the Marcellus shale is growing strongly. It is already the largest…
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Whitepaper released: US LNG Exports – Cumulative Market Impact Assessment
Energy Perspectives is pleased to release a whitepaper on coming US LNG exports. The US gas price fall in 2011 and international demand growth has created global interest in accessing both US and…
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Macondo blowout and the cost of exploration
Gulf of Mexico oil and gas production activities have now generally been restored to the level before the 2010 Macondo blowout. Drilling bans have been formally lifted, but secondary effects are coming in…
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Making sense of Kaliningrad LNG
In the last week of November 2013, global energy media have reported that Gazprom plans to build a large LNG export terminal in its Baltic enclave Kaliningrad – still East Preussia to…
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Even US and Canadian LNG Will Take Time
Ok, North America has developed into a natural gas Eldorado in the past five years. However, the giant but “land-locked” North American gas market has not been enough to comfortably absorb shale…
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The coming real Chinese Energy Market
The communique from the third Chinese communist party plenum on the 12th of November states that “markets will play a decisive role in the allocation of resources”. This is a change that…
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The important new CNPC-Novatek LNG agreement
The announcement of a Heads of Agreement between CNPC and Novatek for a minimum annual delivery of 3mt of LNG to China is highly significant, far beyond the fact that this is…
