Will Oxy’s Divorce Spur The Break Up Of Big Oil?

ConocoPhillips spun out Phillips 66. Marathon Oil spun off Marathon Petroleum. BP has jettisoned $40 billion in assets since Deepwater Horizon. Apache has been shrinking to grow, as has Chesapeake Energy. And now Occidental Petroleum has decided to slim down as well. ...

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LNG Faces Challenge From Methane Hydrates in Japan

From LNG Industry Douglas Westwood has released a report that poses the question, ‘Could Methane Hydrates Challenge LNG in Japan?’ While the shale gas boom has taken off, transforming the energy industry, other sources of natural gas have not been exploited. Methane hydrates, the report states, is the ‘dark horse’ of future energy. Methane hydrates, commonly known as ‘burnable ice’ are a potential significa ...

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