OPEC, for some quiet moments..

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Total announces that the first cargo of liquefied natural gas (LNG) from Yamal LNG is ready to leave Sabetta. This first shipment is a major milestone for Yamal LNG, one of the biggest liquefied natural gas projects in the world. Yamal LNG will produce reserves of 4.6 Bboe in Northern Russia. At full capacity, the three-train facility will supply 16.5 million tons of LNG per year to Asian and European markets.

Yamal LNG project begins gas exports

Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil ministry said, as the country nears its goal of commercial output from the biggest gas discovery in the Mediterranean Sea by the end of this year. Gas is being pumped from the national distribution system to test pipelines in preparation for output from the offshore field, Oil Minister Tarek El-Molla said Sunday in an emailed statement. Production will start before year-end at about 350 MMcfd, he said. Output will rise to some 1 Bcfd by mid-2018 and reach 2.7 billion by the end of 2019, the ministry said Dec. 1 by email.

Egypt sees pilot production at Eni's Zohr gas field in just days

Shawn Reynolds is sticking to shale, with the $4-billion fund manager unshaken in his resolve that the U.S. industry’s stocks are due for a rebound after a lackluster 2017. The veteran energy investor, whose main $2-billion fund holds about half its assets in energy and oil-services stocks, says American shale producers are now due to reap profits after years of overspending. The companies have more potential to grow compared with conventional explorers as they face fewer risks related to the extraction of resources, the fund manager at Van Eck Associates Corp. said.

Dogged $4-billion investor roused by shale's zeal for thrift

It seemed at the time like a somewhat random, and amazingly fortuitous, coincidence. Just as the Panama Canal was unveiling a new, fatter set of locks, U.S. shale drillers were readying their very first exports of liquefied natural gas. While the wide-body tankers that transport LNG would’ve had no chance of squeaking through the original steel locks built a century ago, they could easily traverse the bigger channel and shave 11 days off the trip to primary markets in Asia.

U.S. shale has a Panama Canal problem that's got no easy fix