U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected storage build last week and as the market is expected to Continue Reading
The flow of natural gas to liquefaction plants along the Gulf Coast has declined in October, largely due to maintenance and outages. S. LNG exports could start to rise this Continue Reading
Europe’s energy crisis has cooled efforts to lower the carbon intensity of liquefied natural gas (LNG) shipments, as buyers worried about a winter supply crunch prioritize securing shipments of any Continue Reading
Daily freight rates to ship liquefied natural gas are at a record high, and prices are expected to climb further as winter approaches. Spot rates for ships commonly used to Continue Reading
The biggest US liquefaction facility received record high feedgas deliveries during the week ended Oct. 18, while another major export terminal prepared to resume operations after a lengthy outage. Those Continue Reading
Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they Continue Reading
The largest U.S. shale basin is stymied by regulatory hurdles. The U.S. Northeast is importing LNG from foreign producers to meet its gas demand. A lack of infrastructure and legal Continue Reading
Canada will look at supporting more liquefied natural gas (LNG) terminals as long as they are economically feasible because they are needed to keep the world from burning coal Continue Reading
There are still winter risks ahead. The LNG market is facing its most violent year yet, and there are still winter risks ahead. That’s what BofA Global Research stated in Continue Reading
While American LNG is poised for long-term growth, next year could see a slowing of domestic natural gas demand due as infrastructure and expansion plans experience limitations, Natural Gas Intelligence Continue Reading
Highlights Supply-demand model shows 134 Bcf build for Oct 7 week Build to be largest on record, reducing storage deficit US natural gas prices across the cash and futures markets Continue Reading
Nov-Jan contango for JKM benchmark as wide as $7/MMBtu Charterers have been taking up tonnage since mid-2022 Storage demand drives up spot LNG freight rates to record highs The number Continue Reading
The White House intends to keep LNG exports to Europe flowing through winter. American LNG has been crucial in meeting demand in Europe, which is scrambling for gas supply and Continue Reading
Oil and gas producers rely on flaring to limit the venting of natural gas from their facilities. New research led by the University of Michigan shows that in the real Continue Reading
U.S. producers of liquefied natural gas (LNG) boosted exports to Europe in September even as a plant outage kept overall shipments below the average for the first eight months of Continue Reading
China’s ENN is expected to make a profit of between $110 million and $130 million on a single liquified natural gas shipment to Europe. SINGAPORE—The economic slowdown in China, a Continue Reading
Highlights Several projects being considered Supply access, infrastructure are challenges LNG liquefaction developers see a role for Mexico in supplying global markets with LNG derived from US natural gas imported Continue Reading
Chesapeake monitoring LNG projects in mid-Atlantic US LNG exports forecast at 22 Bcf/d by 2027 US natural gas producers are keeping a close watch over efforts to launch new LNG Continue Reading
A few years ago, associated gas was seen as a wasteful byproduct of oil drilling. High natural gas prices have incentivized shale drillers in the U.S. to change from oil Continue Reading
Short term gas demand growth has made near-term economics of LNG projects very favorable. European countries are rushing to deploy floating LNG import vessels this autumn. LNG exporters that came Continue Reading
The UK government has lifted the moratorium on shale gas production in England. The UK department for Business, Energy and Industrial Strategy (BEIS) has announced that, to bolster the UK’s Continue Reading
Geopolitical risk, inflation and banks’ focus on environmental criteria are creating headwinds to developing more natural gas liquefaction capacity at LNG terminals in the US, although commercial support for new Continue Reading
Britain on Thursday formally lifted a moratorium on fracking for shale gas that has been in place since 2019, saying strengthening the country’s energy supply was an “absolute priority”. Energy Continue Reading
Shale gas is safe and Britain needs to revisit the limits on seismic activity allowed at fracking sites, business minister Jacob Rees-Mogg said on Thursday. “We need to revisit the Continue Reading
As natural gas demand around the world breaks new records, U.S. shale producers are struggling to keep up with demand. While natural gas prices in the United States fell after Continue Reading
Germany has earmarked billions of euros to purchase natural gas. Vanessa Dezem reports. European natural gas prices fluctuated after three days of declines, with traders weighing if countries’ intensified efforts Continue Reading
U.S. LNG exports to Europe increased substantially since the beginning of the year. The EU’s gas storage refill bill amounts to 10 times its usual. LNG exports have already resulted Continue Reading
Estimates show that Europe has more recoverable shale gas than the U.S. Despite its huge gas reserves, hydraulic fracturing has many opponents in Europe. Fracking in Europe has long been Continue Reading
Ineos has renewed its offer to the UK government. Ineos has announced that it is renewing its offer to the UK Government and new Prime Minister Liz Truss to drill Continue Reading
Russia will send the first shipment from its newest liquefied natural gas terminal to Greece, a surprise destination as Europe tries to reduce its dependency on Moscow for energy supplies. Continue Reading
South African utility Eskom will escalate rotating power cuts from Friday afternoon until Monday morning, it said on Friday, citing a loss of generation capacity. Thomson Reuters Products View full Continue Reading
Limited global LNG supplies could be “really, really tight this winter, Cheniere Energy’s executive vice president for worldwide trading told Reuters on Thursday. Cheniere, the largest LNG exporter in the Continue Reading
Highlights September output averages over 96.6 Bcf/d US rig count near 34-month high at 868 NYMEX 2022 futures dip to low- to mid-$8s US natural gas production is on a Continue Reading
A lack of adequate natural-gas tankers due to surging demand for the fuel particularly from Europe in the wake of a power crunch and limited supplies is set to spur Continue Reading
Flows of Russian gas to Europe via Ukraine were stable on Tuesday morning, while the Nord Stream 1 pipeline from Russia to Germany remained shut and eastbound gas flows via Continue Reading
As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would Continue Reading
‘Many see the move as a power play to ratchet up political pressure on European supporters of Ukraine’. Russia is giving the term ‘power burn’ a whole new meaning by Continue Reading
Countries across Europe are rushing to install new LNG import facilities as quickly as possible. That’s what Matteo Illardo, Europe analyst for RANE risk intelligence, told Rigzone, adding that most Continue Reading
There’s basically a bidding war now between Asia and Europe on who gets the most U.S. LNG, according to RANE. There’s basically a bidding war now between Asia and Europe Continue Reading
Russia and Iran are building the foundation for a potential natural gas cartel. The Russia-Iran alliance aims to control as much of the two key elements in the global supply Continue Reading
Freeport LNG has pushed back the date of its expected restart that it provided earlier in the month. Freeport LNG has been shut since June, and shared earlier this month Continue Reading
The commodity almost hit the $10 per MMbtu mark for the first time. U.S. Henry Hub prices have climbed to a record high, Rystad Energy analyst Lu Ming Pang highlighted Continue Reading
Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the Continue Reading
The energy crisis in Europe has helped the United States position itself as the world’s largest LNG exporter. The United States, as the world’s biggest LNG exporter, also has the Continue Reading
New LNG terminals in northern and eastern Europe would be a better option to alleviate the European gas crisis than a new natural gas pipeline from Spain to France, the Continue Reading
Falling far short of market expectations, the United States added only 18 billion cubic feet into its natural gas inventories for the week ending August 12, the Energy Information Administration Continue Reading
US natural gas working stocks rose by just 18 Bcf during the week ended Aug. 12, well below market expectations, but the build was insufficient to keep the momentum going Continue Reading
Russia’s gas giant Gazprom said on Tuesday that its natural gas exports slumped by 36.2 percent to 78.5 billion cubic meters between January and the middle of August, as deliveries Continue Reading
Italy will fast track the permitting process to set up a new regasification vessel aimed at expanding the country’s capacity to import liquefied natural gas (LNG) in an effort to Continue Reading
Western leaders are preparing for the possibility that Russian natural gas flows through the key Nord Stream pipeline may never return to full levels. WSJ’s Shelby Holliday explains what an Continue Reading
