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The Barrel Blog

April 15, 2015
The UK’s Conservative party has released its 2015 manifesto. Among the commitments is a pledge to establish a shale gas wealth fund for the north of England.
April 13, 2015
Shell has become the first major to take proper advantage of the low oil price, taking out a company that it has long been interested in buying, and the reason is a good one, says William Powell.
April 01, 2015
Henry Edwardes-Evans looks at why European utilities are holding off building new thermal power plants and closing stations that seem to have just become operational.
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Shell-BG Group deal: What does it mean for the LNG market?
April 14, 2015
Platts LNG team looks at the short- and long-term implications of the $70-billion Shell-BG Group deal on the LNG market.
Can N. American gas be saved by coal retirements, power burn?
April 14, 2015
North American natural gas production is outstripping demand, and increasing power demand due to the forced retirement of coal plants may not be enough to stabilize gas prices.
Colette Honorable, Commissioner, US Federal Energy Regulatory Commission
April 08, 2015
Colette Honorable, Commissioner, US Federal Energy Regulatory Commission, addressed FERC's busy policy and legal agenda at the Platts Energy Podium event in Washington.
Taiwan sees increase in LNG consumption
March 27, 2015
Taiwan is starting to prepare for its peak summer season and LNG demand fundamentals are about to change.
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Feature: Indonesian gas project delays

March 25, 2015
Indonesian gas projects face delays because their operators do not know if their production-sharing contracts are to be extended: only this month did Total learn the fate of its contract to produce gas from the Mahakam field.
Also in this feature
Revision sought for Indonesia's oil, gas law
The energy ministry said March 12 that the government wanted to complete the revision of the law this year as it has already been delayed for a long time.
Indonesia awards conventional, shale gas blocks
The energy ministry has awarded 11 blocks -- eight conventional and three shale gas blocks -- with Anglo-Dutch Shell, Norwegian Statoil and Malaysian Petronas among the winners.

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Price Focus

Spot natural gas prices in the US Gulf Coast made small moves in either direction Monday on cooler-than-normal weather forecasts around the country and weakness in the NYMEX February futures contract. The cash price at Henry Hub edged a couple of cents lower to average around $2.90/MMBtu on IntercontinentalExchange. New Orleans is forecast to see highs in the mid-50s Jan 13, about 7 degrees below normal.

News Headlines

Vancouver, British Columbia (Platts)--17 Apr 2015 941 pm EDT/141 GMT
Drilling for feedstock gas will need to be ramped up significantly to support LNG projects planned in British Columbia, industry officials said Thursday at the 3rd annual Canadian LNG Exports Conference in Vancouver.
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North American Natural Gas Markets methodology Published November 2014

Platts' methodology for assessing North American gas markets has developed over a number of years. It draws on our experience in the global energy markets. Platts sets great importance on producing independent reports and assessments.

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