Coalbed Methane: An Unconventional Energy Solution
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.
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.
Heavyweights BP, ConocoPhillips, ExxonMobil and TransCanada are backing a proposal to export natural gas from Alaska that is likely to add pressure to other projects in the area.
The Canadian natural gas market watched with interest as the recent Progress Energy takeover marked the first instance of an Asian investor launching a buyout of a Canadian partner in a gas project.
India may rank among the largest markets for spot cargoes of liquefied natural gas this year as Japan, South Korea and Spain slash purchases. For full story, click here
Exploration activity is holding up in Asia in spite of the global financial crisis. For full story, click here
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