Shale gas a distant prospect?

Shale gas a distant prospect?

By Nicholas Newman European Energy Review 8 January 2015 In 2013 the US Energy Administration estimated that Europe contained 470 trillion cubic feet (Tcf) of potentially recoverable shale gas, equivalent to 80% of US reserves. Given the size of Europe’s potential shale gas reserves and the EU’s declared intent to […]

Read More →

OPPORTUNITIES IN AFRICA LEAN HEAVILY TOWARD EXPORTS

OPPORTUNITIES IN AFRICA LEAN HEAVILY TOWARD EXPORTS

Nicholas Newman Pipeline Gas Journal January 2015 – Africa’s importance as a major energy supplier will grow with the development of recently discovered oil and gas fields, most notably in West and East Africa, which will generate 8,558 miles of additional oil and gas pipelines. According to the Organization for […]

Read More →

European Shale Gas Challenges

European Shale Gas Challenges

By Nicholas Newman It is increasingly clear that Europe is unlikely to repeat the American the shale gas revolution in the short term. There are a number of reasons for this: The current price is not right Shale gas must be price competitive against rival fuels such as natural gas, […]

Read More →

The decline in gas demand – a European problem?

The decline in gas demand – a European problem?

Nicholas Newman European Energy Review – Ever since the global financial crisis and the onset of recession the demand for gas in Europe – particularly from the power generation sector – has steadily declined. In 2010 gas consumption in the EU and Switzerland was equivalent to 522 billion cubic metres (bcm) […]

Read More →

Energy Industry Predictions for 2015

Energy Industry Predictions for 2015

By Nicholas Newman Despite the prospects for some in the industry looking bleak, 2015 for consumers is likely to be a good year, which should aid Europe and North America in its recovery. Reductions in energy costs in 2015 are likely to encourage new investment and jobs in OECD countries, […]

Read More →