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crunch creates the risk for underinvestment perhaps affecting the availability of reserves in the long
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discovered gas reserves to fill its energy gap Meanwhile its LNG export plants that opened in 2005 have
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reserves according to the U S Energy Information Administration with more than 700 trillion cubic feet
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doors because the waters off Mozambique hold some of the world’s largest untapped gas reserves Since
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Companies are making a virtue out of a necessity Most of the world’s oil reserves are tied up in difficult
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Reserve CNN; May 15 The Biden administration announced plans on May 15 to buy 3 million barrels of crude
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will be the Gulf Coast where rich reserves of gas and a dense network of pipelines make LNG cheaper to produce
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is the other major exporter but is likely at or near peak output due to gas reserve issues and growing domestic
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energy prices putting a strain on dollar reserves Bangladesh is seeking support from creditors including
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energy opec oil output sept hits highest since 2020 survey 2022 09 30 Drawing down U S oil reserves ‘a
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to monetize their existing reserves while they can oversupply is likely to destroy value for all with falling
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“The supply situation is quite concerning We’ve gone from 15 years of reserves to 10 years … There is a
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to production based on average flow rates but if their assumptions about large reserves pan out the wells could
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heavy businesses — is a taste of what may happen if Africa’s rich oil and gas reserves become “stranded
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reserves in its North Montney shale holdings The company owned by Malaysia’s Petronas had worked toward
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U S reserves of gas — reserves producible with given technology and existing demand — was about 10
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fuels from the Uinta Basin’s massive reserves to refineries around the country officials in Utah and oil
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has been scooping up Iranian barrels to fill its strategic reserves encouraged by the hefty discounts
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shale reserves held as collateral for loans to producers according to people familiar with the matter
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journey for Petronas to maximize the potential of remote stranded gas reserves as a game changer