November 2013

Trends and Resources

HP Industry Perspectives: Is it too early to be optimistic for 2014?

The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extrac..

Romanow, Stephany, Hydrocarbon Processing Staff

The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extract, are now being exploited in many regions of North America and Australia. New drilling methods have facilitated the exploration and production of shale formations. In particular, the development of shale gas is coproducing shale oil and natural gas liquids. Shale oil and gas have radically changed hydrocarbon supply levels for the US energy market. More importantly, shale oil is changing the crude oil market. Non-OPEC nations, particularly the US and Russia, are increasing their crude oil prod

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