Natural Gas in Europe

Europe buys one-quarter of its natural gas from Russia and will remain dependent on that supply for the foreseeable future.

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Videos

Justin Smith of Western Canadian Properties Group Talks Natural Gas in BC

Gas Investing News recently had the chance to speak with Justin Smith, Investment Advisor at Western Canadian Properties Group, about natural gas projects in British Columbia. Contrary to suggestions that BC's LNG dreams could have been smashed by Russia's recent $400 billion deal with China, Smith says that "the demand [in China] is growing at a pace where you're going to need a number of these deals to satiate those demands."

Keith Schaefer Talks Natural Gas in BC

At the recent World Resource Investment Conference in Vancouver, Keith Schaefer, editor and publisher of the Oil and Gas Bulletin, spoke with INN editor Vivien Diniz about the state of the natural gas market in British Columbia.

Company News

Hinto Energy Announces Agreement to Drill Oil Well in Medina

Hinto Energy Announces Agreement to Drill Oil Well in Medina

Hinto Energy (OTCQB:HENI) announced it has come to an agreement about taking a 75 percent stake in an exploratory well to be drilled in Medina County, Ohio. Hinto will also have the interest in any future wells developed on the property, with the operator planning to drill and complete the first well during the fourth quarter of 2014.

Taipan Resources Secures Greatwall Drill Rig for Badada Well

Taipan Resources (TSXV:TPN,OTCQX:TAIPF) announced that its Kenya based subsidiary Lion Petroleum has entered into a letter of intent with Greatwall drilling to use its GW-190 rig for the planned Badada well. The Badada well is targeting 251mmbbl of oil in the Tertiary rift play.

Super Nova Provides Update on Eagle #1 Well

Super Nova Provides Update on Eagle #1 Well

Super Nova Petroleum (CSE:SNP, OTC:SNOVF) reports that its Eagle #1 Well, which started drilling on September 6, is continuing its process of post-drilling evaluation. The pre-drilling object of the well was a vertical test to examine an amplitude anomaly which indicated hydrocarbons.

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Company Videos

INN Video: Chris Cooper of Aroway Energy Inc.

Aroway Energy (TSXV:ARW,OTCQX:ARWJF) President & CEO Chris Cooper spoke with Resource Investing News about its unique position in the oil and gas space.

Market News

Research Firm Recommends Australia Loosen Gas Production Rules

Mining Weekly reported that the Australian Petroleum Production & Exploration Association (APPEA) is pleased with the recommendation that the Australian government should help gas producers by removing "inappropriate barriers" to the fuel's production and reducing "regulatory burdens" on producers.

Cold Winter Could Help Natural Gas Prices

ETF Trends reported that although the United States Natural Gas Fund LP (ARCA:UNG) has dropped 10.4 percent since midway through the summer, a cold winter could result in increased demand for the fuel.

Oil Drops to Four-Year Low, Below $83 a Barrel

The price of oil plummeted to a four-year low, falling more than a dollar a barrel on Thursday as concerns over the global economy and a supply glut continued to wreak havoc with it.

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