Adam studied journalism and communications at Rhodes University in South Africa. He boasts over five years of experience within the media/communications sphere and is currently editor and analyst of a B2B print title focusing on the marine fuels/oil sector. He is also a freelance writer across a wide range of business titles, including Leadership Magazine, African Communications and African Decisions.
Adam covers a wide range of commodities for the Investing News Network, primarily focusing on rare earth, oil and gas. Throughout his copywriting career he has been based in Africa, Europe and North America, which has allowed him to diversify and build upon his knowledge of global commodities and market trends. Adam currently resides in Vancouver, Canada.
Natural gas prices are up 38 percent from mid-February, meaning that gas is one of the world’s best-performing commodities so far this year. While that is good news for producers, investors are questioning whether this trend can be sustained.
As natural gas prices in Asia continue to rise, more investors are shifting their attention to coalbed methane, a commodity with characteristics similar to conventional natural gas.
The US Geological Survey estimates that the coastal areas of Mozambique and Tanzania could hold more than 250 trillion cubic feet of gas. After decades of being overshadowed by other gas-rich areas, this Southern African nation is proving a rich hunting ground for natural gas exploration.
North American investors believe that the future of the market lies out east, and will be closely watching studies aimed at investigating China’s unconventional resource development.