Last year, RBAC’s James Brooks wrote the article, “Has the Energy Transition Been Cancelled?’[1] about the progress being made towards a global energy transition and

Saudi Arabia is primarily known for its vast oil reserves which has contributed to the rapid economic development in the country. Saudi Aramco (also Aramco)

With production ramping up at the Sakarya gas field in the Black Sea, Türkiye (Turkey) is looking to beef up its natural gas industry as

Qatar’s Vast Reserves It is no secret that Qatar is one of the most important countries in the world when it comes to oil and

The European Green Deal, presented in 2019, aims to handle the climate crisis by reducing net greenhouse gas emissions, with the ambitious goal of achieving

Japan’s Future Energy   Key Takeaways from the Japan Energy Summit  Discussing the future of energy, Japan Energy Summit & Exhibition was held in Tokyo and

A Contrast in Energy: The Land of the Rising Sun and Ilha Formosa Japan and Taiwan show some similarity in their energy mix and policies,

Figure 1 – Regional Natural Gas Consumption (BCM). Source: G2M2® Market Simulator for Global Gas and LNG™ The Demand for Adaptation The global gas and

Move over basketball, there is something else to be jazzed about in Utah, the gas markets. Like the champion Denver Nuggets, Colorado has long overshadowed

Figure 1 – LNG Across the Globe. Source: Adobe Stock and Nasa Earth Observatory LNG Market Trends and Growth We are observing remarkable expansion and

Vietnam’s Power Crisis Last year brought particularly persistent blackouts to Vietnam, especially in the North, where the streets were darkened as the country faced a

How Spain Uses Natural Gas Europe is one of the most important markets in terms of natural gas and is home to some of the

China’s lockdown finally eased at the end of 2022 enabling economic activity to return and become more frequent in 2023. China’s natural gas consumption grew

Much press has been given recently to the fall in natural gas prices from January 2024 to February 2024 and conjectures abound as to what

Introduction Recently we have seen two instances where LNG tanker traffic was affected due to issues in the Panama Canal and the Red Sea.  In

Egypt has a long and storied history across thousands of years. It has seen the world develop from a hunter-gatherer society to the modern globally

Authored by Dr. Ning Lin and Jiaxin Yang. The analysis of China’s potential economic slowdown and its cascading effects on the global LNG market reveals

The advent of the LNG Export Era has had a dramatic impact on the North American Natural Gas Market. Nearly 13% of all natural gas

Argentina has the second largest shale gas reserves in the world; with a new president having to face the dark clouds of rampant inflation and

Mexico: A Gas Nation Mexico’s electricity consumption per capita has grown steadily 4.9% per year since 1985, and it is the top consumer of similar

South Korea is now known as a highly developed economy with a hand in a variety of industries such as electronics, automobiles, telecommunications, chemicals, steel,

Authored by Scott McKenna and Ed O’Toole. It’s said that history doesn’t repeat itself, but it often rhymes. Such is the case with the US

The Rush Toward Renewables A bold headline to be sure, but let me explain. the past few decades there has been a huge undertaking to

Southeast Asia’s Gas Consumption After East Asia, Southeast Asia is seen as another engine of global economic growth due to the gradual shift of industrial

We previously covered the potential effects of strikes at key LNG facilities in Australia and how they would affect global prices as well as how

With the “on again off again” nature of Mountain Valley Pipeline’s Status, there was bound to be collateral damage.  In our August 2022 commentary “Can

LNG plant workers in Australia have taken a vote on whether they may to strike at several key LNG facilities, and with Australia being one

Long thought of in a political light, the term “swing states” refers to those states comprised of electorates who show no discernable trend toward any

Turkmenistan’s Struggles with Emissions This coming November, the annual United Nations Climate Change Conference (COP 28) will be taking place. This conference will be focused

Due to unpredictable weather and a currency that is rapidly declining in value, Bangladesh is experiencing its worst power crisis since 2013.   So far in

Over the past two years, the oil and gas industry has seen record profit for producers, geopolitical conflicts, supply chain disruptions, inflationary and ESG pressures

Back in 2018 at the United Nations General Assembly, then United States President Donald Trump cautioned, “Germany will become totally dependent on Russian energy if

Source: Adobe Stock California is certainly a state of extremes. It experienced extreme drought (leading to a low hydro year) and had extensive flooding later

At the recent Mexico Infrastructure Projects Forum in Monterrey, Mexico, both government and private sector attendees came together to voice their concerns over deficiencies of

What Goes Up Must Come Down… 2022 was a turbulent time for natural gas prices, not only in Europe, but in North America as well. 

The natural gas market has been at a critical moment of change in recent years. This study first highlights the trends, uncertainties, and challenges faced

Hard Work. Consistent, diligent, hard work (along with a little help from your friends) makes winning look easy. The American Football Cowboys’ running back tandem,

Source: Adobe Stock The UK has continued to reduce its carbon emissions both total and per capita since 1971. Continuously. Even with an increasing population

In my past few articles, I have written about the energy transition, lack of cooperation and mixed messages from regulatory bodies, as well as energy

Dr. Robert Brooks will speak at America’s Natural Gas conference sponsored by Hart Energy, presenting “Weather and Whether Russia,” the gas outlook and the future

  Western players have been watching intently as China does a balancing act—importing more Russian gas via pipeline, reselling surplus LNG at high prices on

H.R.5376 or The Inflation Reduction Act of 2022 seems to be all anyone can talk about these days. This broad-ranging legislation touches everything from healthcare

Ongoing chaos seems to have become the new normal: extreme temperatures rolling through the lower 48 United States, trade disputes with Mexico, LNG Plant explosions

Panorama of the tea. Sri Lanka, Image source: Vadym Lebedych/stock.adobe.com We may hear the words “energy transition” much more often in recent years, yet the

Back in 2015, RBAC’s Founder, Dr. Robert Brooks Ph.D. spoke at the World Gas Conference in Paris on the relationship between gas and power markets

Forecasting Monthly Price Spreads at Natural Gas Trading Hubs by Robert Brooks, Ph.D. and Ning Lin Ph.D.   Summary/Conclusions: Since 2020, RBAC, Inc., and Refinitiv,

Amidst a global energy crisis, geopolitical events like Russia’s invasion of Ukraine highlight more than ever the need for energy security. Security from undersupply and

  Market Simulation Illuminates Neglected Northeast Energy Needs Marcellus. A Natural gas deposit (a “shale play”) running through Virginia, Kentucky, Maryland and especially West Virginia,

Economic Fact vs. Political Fiction How can we reduce natural gas prices? What would happen if liquified natural gas (LNG) exports were banned? What should

Cutting CO2 emissions and decarbonization was supposed to be the main topic in global LNG markets last year. Instead, energy security has come again front

It is said the proverb, “You need to learn to walk before you can run,” dates back to the 15th century and it is as

In RBAC’s article published in April 2021 (https://rbac.com/chinas-lng-imports-outlook-can-the-united-states-capture-more/), RBAC’s global gas team analyzed China’s LNG imports market and predicted that the United States would play

With tensions escalating higher between Moscow and Kiev, Europeans have been looking for alternative sources of LNG to not only address the current energy crisis

Not quite a month ago, as midnight struck, the banging of pots and pans, shooting of fireworks and however else one might ring in the

Could we turn off coal, nuclear and gas and just go with wind, solar and hydro, tomorrow? What would happen? It reminds me of the

Concerns about Greenhouse Gas (GHG) emissions, specifically carbon emissions, are not new. They’ve been around for decades with focus really starting in the 1990s, and

For independent natural gas producers, the saying “When opportunity knocks, answer the door.” has never been truer. Despite a high natural gas price environment, there

Background: When caught in a heavy storm there is a natural reaction to go into a mode of coping to the situation. That coping may

In April, RBAC, Inc. published “China’s LNG imports Outlook: Can the United States Capture More of the Market?” outlining the potential for the United States

In 1929 Edwin Albert Link, finding that pilot lessons were too expensive, built the very first full flight simulator in his father’s basement.  He named

Even though COVID-19 related demand reductions heavily impacted Liquefied Natural Gas (LNG) demand across the world, India experienced a rise in LNG and overall demand

It may seem hard to imagine that almost one year ago, Covid-19 was just hitting newswires and was believed to be not much more of

There are two fundamental reasons for such market dynamic for Northeast Asia market:  First, Asia has large seasonal swings of demand with high dependency of

Facing the unprecedented uncertainties in 2020, Refinitiv and RBAC team jointly developed a 24-month forecast, exploring the interconnection between regional markets from both fundamental drivers

The Covid-19 pandemic has led to dramatic shifts in lifestyles, business operations and energy utilization. With the implementation of mandated lockdowns, unemployment increased substantially as

Red Sky at Night, Sailor’s DelightRed Sky in Morning, Sailor’s Warning Just a few weeks ago, RBAC published “Has Shale Production made us Hurricane-proof?” which

In 2005 two major hurricanes, Katrina and Rita, hit the Gulf with devastating consequences to residents and regional energy infrastructure.  The resulting shut-ins, temporary and

It’s useful to get an idea of the relative size of markets for commodities of interest and their products (and byproducts). What’s hot now and

May you live in interesting times. Wikipedia suggests this is “an English expression that purports to a translation of a traditional Chinese curse”; seemingly a

“Forty years of darkness! Earthquakes, volcanoes….”, “Human sacrifice, dogs and cats living together…. mass hysteria!”  Oh, and crude oil goes negative…no this isn’t Ghostbusters, but

Proximity is the key ingredient in many facets of life — whom you marry, friends you make and keep, your first job — are just

Dr. Ning Lin, Jiaxin Yang and Birdy Chen, RBAC, Inc. In January 2020 the Coronavirus, also known as COVID-19, created a significant amount of uncertainty

In RBAC’s 2019 Quarter 4 gas market outlook (19Q4base), using the GPCM® Natural Gas Market Forecasting System™, a key focus in the near-term forecast is

According to the Oxford Institute for Energy Studies, the demand of natural gas in the Gulf countries will have a growth in 75% from now

This is the first post in my mini-series of “track what matters” – a knowledge share for natural gas market analysis crowd. In this post,

I shared with you the Asian gas balance chart last week and promised to continue this story. Here this goes. When we look into LNG

Last week Bloomberg on MSN glibly reported that the Trump administration had conceded defeat in its effort to stop Russia’s Nordstream 2 pipeline. According to

Risks and Opportunities for China in the Evolving Global Market for Natural Gas Dr. Robert Brooks, Founder, RBAC, Inc. To achieve the economic and environmental