Highlights China’s LNG imports no longer forecast to rise on year in 2022: Analyst Fewer takers for PipeChina’s spare LNG terminal slots High prices cause demand destruction in domestic market Continue Reading
Lucrative offers for Russian spot crude cargoes may look attractive at first glance, but Asian oil importers appear reluctant to close deals as they cautiously weigh shipping risks, bandwidth to Continue Reading
White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine are proceeding slowly, because of concerns about the Continue Reading
Retail gasoline prices reach record highs Demand destruction yet to emerge Declining coronavirus cases, warm weather support demand US Atlantic Coast gasoline prices continue to rise following the US ban Continue Reading
Eagle Ford at 67 rigs, up 4 on week SCOOP-STACK rises by 2 to 45 US production likely won’t grow quickly The US oil and gas rig count jumped by Continue Reading
The U.S. Senate on Thursday approved legislation providing $1.5 trillion to fund the federal government through Sept. 30 and to allocate $13.6 billion to aid Ukraine. The 2,700-page bill passed Continue Reading
America’s geothermal energy potential remains largely untapped due to a lack of investor interest, but that may be beginning to change. Baker Hughes and MIT have both announced recent investments Continue Reading
Henry Hub summer strip climbs 11 cents US production rebounds before summer injections US natural gas inventories tumbled well above average levels once again as the heating season enters its Continue Reading
New survey data from AAA finds that two-thirds of Americans felt gas prices were too expensive just a few weeks ago at $3.53 per gallon. Now with the national average Continue Reading
European Union leaders gathered on Thursday to agree on a joint response to the war in Ukraine, with differing views on how far to go with economic sanctions, how quickly Continue Reading
