The NYMEX August natural gas futures increased Wednesday, up 4.3 cents to $2.775/MMBtu as power burn backs off but summer demand pressure sets in amid the storage deficit. Receive daily Continue Reading
Cheniere Energy is ahead of schedule and expects to begin producing LNG by the end of the year from the first liquefaction unit at its Corpus Christi export terminal in Continue Reading
The U.S. Energy Department on Wednesday cleared the way for faster approval of small-scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule Continue Reading
Russia’s oil production this year will increase to 551 million tonnes (11.02 million barrels per day), a new 30-year high and up by around 3.5 million tonnes from previous expectations, Continue Reading
Russian natural gas company Gazprom said Wednesday that just over 90 percent of its Power of Siberia gas pipeline to China is completed. “By now, a total of 1,214 miles, Continue Reading
Still facing protests over shale gas work, British energy company Cuadrilla Resources said its efforts were pumping millions of dollars into the local economy. The company, a pioneer in British Continue Reading
The European natural gas market needs diversity and Russian supplies are an important component of the mix, German energy company Wintershall said. Wintershall is a member of the consortium working Continue Reading
Crude oil futures were higher during mid-morning trade in Asia Wednesday amid expectations of a fall in US crude stocks and as sentiment continued to be swayed by the likely Continue Reading
Oil prices rose Tuesday on expectations China’s plan to boost government spending will keep global oil demand robust and on concerns simmering tensions between the U.S. and Iran may disrupt Continue Reading
Crude oil prices were in mixed territory ahead of the start of U.S. trading on Tuesday as Middle East tensions balanced against global trade risks. Crude oil prices settled down Continue Reading
