The U.S. raised its natural-gas production outlook for 2013 for the first time in three months amid gains from onshore wells, Bloomberg reports.
If Egypt’s domestic gas consumption is relying on imports from fellow North African producer Algeria, it will have to wait a while, according to Petroleum Africa.
Natural gas supplies in China may fall short of the government’s target of 400 billion cubic meters in 2020 by as much as 45 billion cubic meters, according to Sanford C. Bernstein & Co., Bloomberg reports.
The testing of a well near Sindh province in southeast Pakistan yielded more than 30 million cubic feet of natural gas, Italian energy company Eni said, according to UPI.
There's not much to suggest the European natural gas market will make dramatic gains any time soon, the International Energy Agency said, UPI reports.
Mozambique, one of Africa's poorest states, and neighboring Tanzania are set to become major natural gas producers, while Kenya, deemed the cradle of mankind, sits on at least 10 billion barrels of oil, UPI reports.
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The Working Group of the Directorate General for the EU Commission has recently chosen several gas projects as 'crucial' for the overall energy security in Europe, Natural Gas Europe reports.
Results from natural gas production in Ukraine are reasons enough to continue development through new wells, Regal Petroleum announced, according to UPI.
Bank of America Corp. raised its forecast for U.S. natural gas prices in 2013 after the biggest drawdown from storage in a decade left inventories below the five-year average, Bloomberg reports.