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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The addition of four countries—Chad, Kazakhstan, Oman, and the United Arab Emirates (UAE)—to a previous assessment covering 42 countries has resulted in a 13% increase in the global assessed total resource estimate for shale oil and a 4% increase for shale gas. Bcf/d from 2005 to 2014.

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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The site is located adjacent to multiple large natural gas pipelines and industrial electricity connectivity, and affords the option to ship methanol via barge or oceangoing vessel. The facility will be constructed by the Proman Group under a fixed price EPC contract.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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The offshore facilities will consist of a subsea well development connected to a central processing facility (CPF) for gas treatment and a floating processing, storage and offloading (FPSO) vessel for condensates. Ichthys will provide a long-term stable supply of cleaner energy to. Japan, and help Japan diversify its energy sources.

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Falling Domestic Fares and an A.I. Arms Race: What Travelers Can Expect in 2024

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Analysts at American Express Global Business Travel say that average ticket prices across all regions are not expected to change significantly. Reasons for the falling prices include increased airplane capacity — the number of seats on a given route — and a drop in the cost of jet fuel. But airline capacity, Ms. On the ground, A.I.

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