International Tight Gas Exclusives

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Technology advances and shifts in the socioeconomic climate present challenges to business leaders.

Schlumberger, oil, reserves, exploration, spending, Paal Kibsgaard

The head of the world’s largest oilfield service company says the world could face a medium-term supply deficit given today’s reserves depletion rate and falling exploration spending.

Schlumberger, drilling, oilfield services, U.S., North America, Kibsgaard, technology, costs, Gulf of Mexico, Latin America

North America revenue grew by 6% to $1.9 billion, while international revenue dropped by 7% to about $4.9 billion compared with the previous quarter.

Crude Oil Gas Outlook The New Bullish

For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.

Proposal for coast-to-coast gas pipeline mocked; shipping LNG from west to east called cheaper.

The Canada-based company is gearing up to be the first foreign player to kickstart shale exploration in Mexico.

natural gas, LNG, South Australia, Senex, Beach, Strike, Santos, energy

Beach Energy, Santos, Strike and Senex have been named recipients of AU$24 million in grants from the South Australian government.

In an astonishing paradox, Australia is hurtling towards chronic domestic gas shortages and power outages just as it becomes the world’s biggest LNG exporter.

CERAWeek OPEC Chief Dismisses Oil Price War

Without the U.S. shale revolution, the global economy would’ve faced a ‘deep crisis,’ said OPEC Secretary General Mohammad Barkindo.

Middle East, technology, oil, prices, Middle East Technology Conference, Nexant, Euro Petroleum Consultants, Saudi Aramco

During the last 18 months, the economic climate and oil prices have been the primary focus for much of the industry, but technology has gained prominence.

Australia is on the cusp of becoming the world’s largest LNG exporter. At AOG 2017, the question being asked is whether that will be good for the country?

Global Shale Plays, NAPE, Brian Link, Eagle Ford, Pimienta, shale, oil, gas, Mexico, EIA

The country is looking for long-term partners as part of a farm-in application process, with U.S. companies working to attract investors.

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