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WoodMac: Middle East energy has huge potential

HOUSTON, Sept. 13 (UPI) -- Billions of dollars worth of undeveloped natural resources are in the Middle East but there may be significant challenges in reaching them, Wood Mackenzie said.

Japan, S. Korea complicating LNG markets

HOUSTON, Sept. 9 (UPI) -- Policy and regulatory uncertainty from Japan and South Korea could lead to a tighter market for liquefied natural gas in the region, Wood Mackenzie said.

Report: OPEC to shift focus to China

BEIJING, Aug. 20 (UPI) -- OPEC should start to shift its supply focus to the Chinese market as the United States starts using more of its own oil, Wood Mackenzie said.

Egypt gets natural gas relief from Qatar

CAIRO, Aug. 5 (UPI) -- The first of five shipments of liquefied natural gas from Qatar arrived at an Egyptian port to help address energy concerns, the Qatari government said.

Oil-by-rail remains best alternative

HOUSTON, July 29 (UPI) -- There's no way to cut back on the amount of crude oil traveling by rail without additional pipeline capacity, a Houston energy analyst said.

Reforms needed for investment in Australian LNG

SYDNEY, July 23 (UPI) -- The peak body for Australia's oil and gas industry has called for policy reforms, warning that failure to do so would put billions of dollars in new liquefied natural gas projects at risk.

Chevron taps into Argentinian shale

SAN RAMON, Calif., July 17 (UPI) -- Shale oil and natural gas developments in Argentina will help Chevron meet its medium-term production targets, the U.S. energy company said.

Violence, bottlenecks threaten Iraq's new oil strategy

BAGHDAD, July 12 (UPI) -- Iraq's trouble-plagued government is drawing up a new energy strategy that envisions investment of $620 billion over the next 17 years to triple production to 9 million barrels per day by 2020.

Deepwater oil drilling gaining momentum

HOUSTON, June 27 (UPI) -- Deepwater drilling for oil and natural gas reserves has returned to the level before the BP oil spill in the U.S. Gulf of Mexico, analysis shows.

Report: Egypt needs natural gas overhaul

HOUSTON, June 21 (UPI) -- Egypt has some tough economic decisions to make as it struggles to meet domestic energy demands because of natural gas production declines, an analysis finds.

Azerbaijan has long-term gas prospects

BAKU, Azerbaijan, June 7 (UPI) -- Development of the third phase of the Shah Deniz natural gas reserve offshore Azerbaijan is expected within the next 20 years, an energy analyst said in Baku.

No peak coal for China until 2030?

BEIJING, June 4 (UPI) -- China's thermal coal demand is expected to double by 2030, says a new report.

Indonesia, Papua New Guinea plan joint exploration

JAKARTA, May 23 (UPI) -- Indonesia and Papua New Guinea are planning joint exploration for potential oil and gas reserves in border areas.

Oil majors flock to offshore Brazil

BRASILIA, Brazil, May 17 (UPI) -- French supermajor Total said it secured awards for 10 new exploration licenses during the latest auction for Brazilian reserves.

BG Group lands LNG deal with India

READING, England, March 20 (UPI) -- India may be the third-largest importer of liquefied natural gas behind China and Japan by 2025, BG Group Chief Executive Chris Finlayson said Wednesday.
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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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