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Huge investments needed offshore Britain

Huge investments needed offshore Britain

LONDON, Sept. 30 (UPI) --British offshore oil and natural gas reserves will stop providing a return on investments if costs continue to rise, an industry report said Tuesday.
Daniel J. Graeber
Report: New shale methods could yield huge results

Report: New shale methods could yield huge results

HOUSTON, Sept. 24 (UPI) --A Wednesday report for energy consultant group Wood Mackenzie finds emerging shale technology could add at least 1 million barrels per day to U.S. output.
Daniel J. Graeber
Report: Pennsylvania gas lines leaking

Report: Pennsylvania gas lines leaking

PITTSBURGH, Sept. 24 (UPI) --Billions of dollars are needed to update the vast network of natural gas pipelines, some at least 90 years old, beneath Pennsylvania, a newspaper report found.
Daniel J. Graeber
No means yes for Scotland, energy companies say

No means yes for Scotland, energy companies say

LONDON, Sept. 19 (UPI) --After a "no" vote, British energy company BP said Friday it would work closely with the governments in Edinburgh and London to boost North Sea recovery.
Daniel J. Graeber
Vote yes for oil, Scottish energy minister says

Vote yes for oil, Scottish energy minister says

EDINBURGH, Scotland, Sept. 18 (UPI) --A "yes" vote in Thursday's referendum will translate to vast oil wealth for an independent Scotland, the Scottish energy minister said as voting gets under way.
Daniel J. Graeber
Wood Mac: All energy eyes on Scottish vote

Wood Mac: All energy eyes on Scottish vote

EDINBURGH, Scotland, Sept. 17 (UPI) --Energy companies working in the North Sea need a sense of fiscal confidence no matter how the Scottish referendum turns out, Wood Mackenzie said Wednesday.
Daniel J. Graeber
Lundin frustrated with latest North Sea find

Lundin frustrated with latest North Sea find

STOCKHOLM, Sweden, Aug. 29 (UPI) --North Sea oil discovery less than expected, Lundin says.
Daniel J. Graeber
Marcellus booming, Wood Mackenzie says

Marcellus booming, Wood Mackenzie says

HOUSTON, Aug. 28 (UPI) --The Marcellus shale natural gas play is expected to draw in more than $100 billion in investments from operators, Wood Mackenzie says.
Daniel J. Graeber
Tanzania positioned as LNG hub, BG Group says

Tanzania positioned as LNG hub, BG Group says

LONDON, Aug. 27 (UPI) --Following positive results from an appraisal well off the coast of Tanzania, energy company BG Group said the country is in a good position for LNG development.
Daniel J. Graeber
Shell finds more gas in Malaysia

Shell finds more gas in Malaysia

THE HAGUE, Netherlands, Aug. 26 (UPI) --Royal Dutch Shell said Tuesday its second major natural gas discovery off the coast of Malaysia underpins its strategy to develop a clean energy future.
Daniel J. Graeber
Norwegian energy outlook strong

Norwegian energy outlook strong

HOUSTON, Aug. 26 (UPI) --The Norwegian government could pull in $84 billion in taxes from the natural reserves yet to be developed in its territory, analysis from Wood Mackenzie finds.
Daniel J. Graeber
Europe could learn from U.S. shale success

Europe could learn from U.S. shale success

HOUSTON, Aug. 20 (UPI) --Europe may be on the cusp of developing a shale natural gas sector that could mimic the expansion in the United States, analysis from Wood Mackenzie finds.
Daniel J. Graeber
Algeria, Tanzania eye future energy work

Algeria, Tanzania eye future energy work

ALGIERS, Algeria, July 8 (UPI) --Algeria and Tanzania are in the advanced stage of talks regarding three separate energy projects, Algerian Energy Minister Youcef Yousfi said.
Daniel J. Graeber
Ireland raises taxes for future energy players

Ireland raises taxes for future energy players

DUBLIN, Ireland, June 18 (UPI) --The Irish government said Wednesday it was increasing taxes on oil exploration and production to bring more financial return to the state.
Daniel J. Graeber
China's energy consumption 'unrivaled'

China's energy consumption 'unrivaled'

HOUSTON, June 13 (UPI) --China's demand for oil and natural gas will be unrivaled within the next two decades, analysis from Wood Mackenzie finds.
Daniel J. Graeber
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Photos
Wood Mackenzie
WPC2000061802 - 17 JUNE 2000 - CALGARY, AB, CANADA: A Chinese delegate talks to a representative of the U.K.'s Wood Mackenzie exhibit booth at the 16th World Petroleum Congress in downtown Calgary, June 15. Wood Mackenzie provides invaluable commercial analysis and strategic advice to the worlds leading energy companies, covering upstream oil and gas, oil refining and marketing, downstream gas and power generation. mc/hr/H. Ruckemann UPI
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