Shell’s two major September developments mark strategic milestones in its resumption of upstream growth after an extended reshaping of its portfolio since 2020. Today, we analyze Shell’s upstream strategy since then, which has taken a different path from fellow supermajors ExxonMobil and BP.
A decade ago, the first LNG cargo produced in the Lower 48 was exported from Sabine Pass. Now, feedgas demand for LNG has surpassed 20 Bcf/d for the first time. Today, we look at how we got here, the recent stall in feedgas volumes, and where U.S. export demand is heading in the years to come.
U.S. LNG feedgas demand moved higher last week as Freeport and Cove Point returned from maintenance and Golden Pass intake hit a record over the weekend.
The trade press has become increasingly skeptical about whether Europe can adequately replenish its underground natural gas reserves in time to meet critical storage targets. Today, we explain why Europe, and Germany specifically, finds itself in a precarious situation and what might be done.
Far from resting on its laurels, ExxonMobil has weathered multiple industry cycles to drive continual output growth. Today, we analyze how that has unfolded since 2020, where ExxonMobil is investing today, and why the Permian, Guyana and LNG-dedicated assets are defining its upstream future.
A natural gas pipeline deal that gives privately held Esentia Energy a complete, start-to-finish link between the Permian Basin and Mexico’s Pacific Coast is highlighting a heretofore under-the-radar LNG project being planned at the end of that now-1,400-mile pipeline system.
Westward Ho! — North American Gas Finding the Short Way to Asia
The big news this week may have been the FID on LNG Canada’s Phase 2. But that announcement will have even larger upstream impacts, including a major expansion to the Coastal GasLink pipeline, more drilling in the Montney Formation, and more condensate production for the Alberta oil sands.
The North American energy landscape has changed dramatically since our first School of Energy way back in 2013, but the need to understand market fundamentals has not. Today’s blog includes key highlights (and some blatant plugs) for a newly available replay of our recent conference in Houston.
As tariffs, trade restrictions and geopolitical tensions reshaped LNG flows, sellers were pushed to find new buyers, buyers had to find new suppliers, and traders had to find new routes. Today, we look at how this shift reshaped U.S.-China LNG trade and whether the change is likely to stick.
