Gavin Thompson

Highest-Paid Workers Driving Shell Off Australian Shores

Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world, are driving developers out to sea in search of billions of dollars in savings.

China Unconventional Gas Development Faces Unique Challenges, WoodMac Says

China, the world’s biggest energy user, will take a different course from the U.S. in unconventional gas development because of “unique” geological, technical and commercial reasons, consultant Wood Mackenzie said.

China’s Easing Grip on Gas Opening Door to North America Exports

Chinese consumers may buy natural gas at more than five times current U.S. futures prices as the government eases control over domestic costs, opening the world’s biggest energy market to more overseas sellers.

China's LNG Demand Forecast for 2020 Raised by 48%, Wood Mackenzie Says

China’s demand for liquefied natural gas may increase 48 percent in 2020 from an earlier forecast as the cleaner-burning fuel displaces oil, Wood Mackenzie Consultants Ltd. said.

China Piped Gas Imperils $100 Billion LNG Plans: Energy Markets

China is importing more natural gas by pipeline than sea for the first time, highlighting the risk to planned LNG projects costing at least $100 billion as buyers seek cheaper supplies.

Wood Mackenzie Lowers Forecast China LNG Demand for 2015

Wood Mackenzie Ltd. cut its forecast for China’s liquefied natural gas demand, saying delays in implementing gas-price reforms have weakened buyers’ appetite for the fuel.

China May Sign Gas Deal With Russia Before Premier Hu’s Visit This Month

China, the world’s biggest energy consumer, may sign a deal to import Russian natural gas ahead of President Hu Jintao ’s visit to Russia later this month, Assistant Foreign Minister Cheng Guoping said.

China Coal-Bed Gas Costlier Than U.S. to Drill, Standard Chartered Says

Extracting unconventional gas from coal seams in China is likely to be more expensive than in the U.S. because alternative drilling techniques are required, according to Standard Chartered Plc.

China First-Half Natural-Gas Demand Jumps 22% Amid Effort to Cut Emissions

China, the world’s biggest energy user, consumed 22 percent more natural gas in the first half compared with a year earlier as the country boosted production and use of the cleaner-burning fuel to cut emissions.

"I do not necessarily see imports as a direct threat to LNG in all cases."

- Gavin Thompson on Oct 10, 2012

China

Russia

Asia

Gold Heads for Longest Slump in Four Years on Fed, Dollar

‘Star Trek’ $112 Million Open to Put Summer in Warp Drive

U.S. Stocks Advance on Leading Indicators, Sentiment Data

U.S. Stocks, Dollar Rise as Data Fuel Economic Confidence

Senate Confirms MIT’s Moniz as Obama’s Energy Secretary