Prometheus Energy
News & Press
Here’s what we have to say. Get the latest press releases, news, opinions and updates — whether it’s a favorite conference, a technology milestone, or the start of a new project.
May 17, 2012
WORLD CASTS ENVIOUS GLANCE AT U.S. NATURAL GAS ADVANTAGE
The gap between U.S. and international gas prices has expanded to all time highs, giving American industries a competitive advantage that could be worth as much as $1 billion a day. Read more »
May 15, 2012
CEO
RON BERTASI INTERVIEWED BY WORLD OIL MAGAZINE ON THE ADVANTAGES OF LNG
Ron Bertasi, Chief Executive Officer of Prometheus Energy, the largest and fastest growing suppliers of LNG to the North American industrial sector, is interviewed by World Oil magazine. Read more »
May 15, 2012
RANDALL HULL JOINS PROMETHEUS ENERGY TEAM AS DIRECTOR OF BUSINESS DEVELOPMENT
Prometheus Energy Group, Inc., a leader in liquefied natural gas (LNG) solutions for the industrial sector, today announced that Randall Hull has joined Prometheus Energy as Director of Business Developments. Read more »
May 14, 2012
PROMETHEUS ENERGY RELOCATES HEADQUARTERS TO HOUSTON, TX
Prometheus Energy Group, Inc., announces today that it has moved its headquarters into a new and expanded space at Granite Westchase in Houston, Texas. Read more »
May 9, 2012
INCREASED POLITICAL SUPPORT FOR NATURAL GAS: OBAMA WARMS TO ENERGY
INDUSTRY
BY SUPPORTING NATURAL GAS
The surge in natural gas production and fall in prices by 50 percent in less than a year offers Obama a ready rebuttal on energy issues. Read more »
April 24, 2012
SURVEY GROUP EXPECTS US GAS TO BE BELOW $2.50/MCF FOR REST OF 2012
Industry and energy investors believe low US natural gas prices will continue for the rest of 2012.
Read more »
April 24, 2012
GAS FROM LIQUIDS PLAYS WILL KEEP PRICES LOW
Natural-gas prices will remain low for the rest of the year because so much of the fuel is being produced in the quest for more-valuable crude oil and petroleum liquids. Read more »
April 23, 2012
CONVERTING DIESEL POWERED DRILLING RIGS TO LIQUEFIED NATURAL GAS (LNG)
In the GHS Energy Report, Prometheus Energy describes the benefits of converting diesel powered drilling rigs to LNG, and realizing fuel cost savings while reducing key air emissions in dual-fueled drilling operations. Read more »
April 13, 2012
PRICE RATIO OF CRUDE OIL TO NATURAL GAS CONTINUES TO INCREASE
The ratio between the spot prices of crude oil and natural gas has been generally increasing since January 2009, but it has climbed rapidly in recent months. Read more »
April 11, 2012
CEO RON BERTASI INTERVIEWED BY REUTERS ON THE BENEFITS OF
LNG-POWERED
DRILLING RIGS
Ron Bertasi, Prometheus Energy's Chief Executive Officer, commented, "By switching to natural gas, companies can reduce fuel bills and cut greenhouse gas emissions by up to 20 percent". Read more »
March 29, 2012
NATURAL GAS, FUELING AN ECONOMIC REVOLUTION
The rise of shale gas is shaping up to be the biggest shift in energy in generations. And its consequences — economic and political — are profoundly beneficial to the United States. Read more »
March 22, 2012
LNG-POWERED SHALE DRILLING REDUCES FUEL COSTS
Using liquefied natural gas to power drilling rigs instead of diesel can reduce fuel costs by almost half and cut so-called greenhouse gas emissions. Read more »
January 20, 2012
DELOITTE'S STUDY ON LNG EXPORTS
Deloitte’s study shows export of LNG from the US Gulf Coast will have only a modest effect on gas prices, and only in the Gulf Coast region. Read more »
January 12, 2012
GLUT HITS NATURAL GAS PRICES
The vast supplies of domestic natural gas is a welcome development for industries looking for a lower cost, cleaner fuel. Read more »
January 5, 2012
WHERE'S ALL THE GAS?
Future outlook - strong demand and strong growth potential for natural gas. Read more »
December 8, 2011
EXXON PREDICTS MASSIVE SHALE GAS GROWTH
"The Outlook for Energy: A View to 2040" projects advances in unconventional U.S. natural gas production are expected to keep domestic supplies ample for the future. Read more »
December 5, 2011
BIG OIL HEADS BACK HOME
Energy companies are shifting their focus away from the Middle East and toward the West - the U.S. is at the forefront of the unconventionals revolution. Read more »
December 1, 2011
PROMETHEUS ENERGY RECEIVES 2011 PLATTS AWARD OF EXCELLENCE
Recognized for exemplary commercial innovation and leadership at the Platts Global Energy Outlook Forum. Read more »
October 31, 2011
LNG - A PROMISING FUEL ALTERNATIVE FOR CONTAINER VESSELS
Emissions standards for ships leads in one direction--to the use of LNG as shipping fuel. New technology is needed as cleaner transport is increasingly demanded in the maritime industry. Read more »
September 28, 2011
PROMETHEUS ENERGY GROUP NAMED FINALIST IN THE PLATTS 2011 GLOBAL ENERGY AWARDS
Prometheus Energy, the largest and fastest growing supplier of liquefied natural gas fuel solutions to the industrial sector, is selected as a finalist in the Platts Global Energy Awards. Read more »
September 2, 2011
FEASIBILITY STUDY POINTS TO BENEFITS OF LNG USE IN FERRIES
The study reveals that utilising liquefied natural gas (LNG) as a fuel leads to significant economic and environmental benefits. Read more »
August 3, 2011
A NATURAL GAS ANALYSIS PREDICTS LOW GAS PRICES FOR THE FUTURE
The Influx of capital has revolutionized the U.S. natural gas market, feeding oversupply and smoothing prices. Read more »
June 27, 2011
COMMITTEE ON INDUSTRY RESEARCH & ENERGY VISITS LNG SILESIA
The European Parliament's Committee on Industry Research & Energy (ITRE) visits LNG Silesia's coal mine methane liquefaction plant in Suszec, Poland, to learn more about Polish energy security and innovation.
Read more »
June 6, 2011
IEA REPORT - ARE WE ENTERING A 'GOLDEN AGE' OF NATURAL GAS?
International Energy Agency special report explores natural gas potential--ample supplies, robust emerging markets and uncertainty about nuclear power all point to a prominent role for gas in global energy mix.
Read more »
May 5, 2011
NATURAL GAS TUMBLES ON STORAGE INCREASE
Natural gas prices decline. Read more »
April 2, 2011
STEPPING ON THE GAS
With the nuclear industry in crisis and oil prices on the rise, could the solution to our energy problems be in the ground at home? Read more »
March 10, 2011
LNG: A SMARTER ALTERNATIVE FOR A CLEANER TOMORROW
Prometheus Energy's Bertasi on natural gas fuel solutions. Read more »
February 22, 2011
PROMETHEUS ENERGY OPENS HOUSTON OFFICE
The Company is pleased to announce that it has opened an office in Houston's Energy Corridor. Read more »
February 8, 2011
BIG OIL BANGS THE DRUM FOR NATURAL GAS
As oil prices continue to rise, the world's largest oil and gas companies are looking to natural gas.
Read more »
January 31, 2011
THE ECONOMIST - LIVE DEBATE
Will natural gas do more than renewables to limit the world's carbon emissions? Read more »
January 20, 2011
BACK WITH A VENGEANCE
Rising commodity prices - more predictions that oil prices are continuing upward. Read more »
December 31, 2010
OIL PRICES GAIN 15% IN 2010
A strong sign that crude prices will continue to rise. Read more »
December 16, 2010
U.S. EIA'S ANNUAL ENERGY OUTLOOK 2011EARLY RELEASE PREDICTS ENERGY MARKET TRENDS
The U.S. Energy Information Administration projects further lowering of natural gas prices in the U.S. due to increasing shale gas production. Read more »
November 9, 2010
IEA PREDICTS WORLD DEMAND FOR CRUDE TO OUTSTRIP CONVENTIONAL PRODUCTION
International Energy Agency-- Switching to LNG can provide multiple benefits as diesel and other liquid fuel prices climb steadily higher. Read more »
October 21, 2010
SUCCESSFUL MINE HAUL PILOT PROJECT IN THE U.S.
Prometheus Energy provided a turnkey fuel supply solution for a successful LNG mine haul pilot project in Harlan County, Kentucky. Read more »
October 7, 2010
THE ECONOMIST RECOGNIZES THE VOLATILITY OF THE OIL MARKETS
Continued upward pressure on oil prices seems likely, making LNG an attractive alternative. Read more »
October 1, 2010
PROMETHEUS ENERGY APPOINTS INDUSTRY LEADER, RON BERTASI, AS CEO
Prometheus Energy, an energy company specializing in liquid natural gas fuel solutions, announced today that it appointed Ronald P. Bertasi as chief executive officer and a member of its board of directors, effective October 1, 2010. Read more »
September 4, 2010
FIRST RIGS RUN ON LNG
In just over one year, the idea of running a drilling rig in the Encana Mid-Continent Business Unit (MCBU) on natural gas have gone from a vision to reality. We worked with Ensign US Drilling and Prometheus Energy in Lousiana. Both parties brought a wealth of experience that would prove invaluable to this project, and the logistics of making a rig run on the cleanest burning fossil fuel definitely required team work. Read more »
