Forecasters are predicting a cold snap over the next two weeks. United States natural gas prices could climb even higher if the Arctic blasts materialize. If the U.S. experiences a Continue Reading
Woodmac: Natural gas demand is likely to remain resilient in the short term LNG exporters are expected to post strong results at the start of 2022 Natural gas prices could Continue Reading
As companies rush to set climate goals, some aren’t even getting the basics quite right when it comes to accounting for greenhouse-gas emissions. That’s what researchers in Ireland, the U.K., Continue Reading
Output hits 33.3 Bcf/d Jan. 14, down 4% from record Eastern Gas South basis up 34 cents, January to date 2022 forward basis prices trade at discounts to cash A Continue Reading
The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two Continue Reading
Midcontinent producing hubs trade into $4.30s/MMBtu Permian flows to Midcontinent up 70 MMcf/d in January Midcontinent, Gulf Coast hubs compete for Permian gas Strong natural gas demand across the central Continue Reading
Highlights Interbasin spreads helped shift trade flows January sees Asia buying appetite pick up LNG transits via the Panama Canal plunged 30% in December as Pacific-bound cargoes diverted to the Continue Reading
Europe’s natural gas woes are far from over in Jan. 2022. Prices are high. Underground reserves that are relied on in cold weather are low. Russia’s state-owned Gazprom isn’t selling Continue Reading
Highlights Average of $4.27 needed for ‘significant’ jump Volumes forecast to average record low in 2022 Operators in the US Rocky Mountain region said natural gas prices must maintain an Continue Reading
Benchmark European gas prices jumped 15% this week after a major pipeline bringing gas from Russia began sending flows eastwards. But why do Russian exports have such an impact on Continue Reading
Highlights Temps plunge, lifting Midwest demand to nearly 28 Bcf/d Chicago city-gate gas prices edge back toward $4/MMBtu Midwest regional gas storage surplus narrows to 25 Bcf Wintry weather and Continue Reading
The United States became the world’s largest exporter of liquefied natural gas in December as deliveries of the superchilled fuel to energy-starved Europe surged. According to Bloomberg calculations , the Continue Reading
The effects of the Canadian cold spell continue to trickle down to the US Midwest, slashing exports to the region while propelling prices higher. Receive daily email alerts, subscriber notes Continue Reading
A third Caribbean liquefied natural gas cargo is headed for Boston, where two other await colder weather before unloading in an unprecedented bet on price spikes this winter. GasLog Partners Continue Reading
Highlights Houston Ship Channel Jan-22 basis falls 60 cents Permian output nears prior record at 14.1 Bcf/d Rigs, drilling, completions highest since Q1 2020 Recent growth in Permian Basin gas Continue Reading
Highlights Survey calls for 50 Bcf withdrawal Platts Analytics expects 169 Bcf pull for week in progress The final weekly gas draw of 2021 looks to measure less than half Continue Reading
The retired salt caverns, aquifers, and fuel depots that hold Europe’s stockpiles of natural gas have never been so empty at this point in winter. Just four months after Amos Continue Reading
With energy costs soaring and citizens complaining, the EU shifts to a more pragmatic energy policy … EU’s New Green Definition The EU Drafts a New Definition of Green that Continue Reading
The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to Poland on Sunday for the 13th straight day, data from German network operator Continue Reading
European gas prices fell further on Thursday, continuing a recent sell-off, as unseasonably mild weather curbed demand and fresh supplies of the fuel headed to the region. In thin holiday Continue Reading
A proposed liquefied natural gas terminal in Germany is at the risk of never being built, with several headwinds having already prompted one of three backers to write down its Continue Reading
Highlights S&P Global Platts Analytics forecasts a pull of 48 Bcf for the week in progress Remaining Henry Hub winter strip tumbles The first triple-digit natural gas draw of the Continue Reading
Highlights Significantly lower than levels in past two years Russian storage sites currently 83% full: Miller Domestic gas supply, withdrawals at 10-year high Russia’s Gazprom expects to have 1 Bcm Continue Reading
US Gulf Coast FOB daily export cargo values nosedived to below $30/MMBtu during the week of Dec. 22-29, right after rising to the highest level on record, as they continued Continue Reading
U.S. natural gas futures rose this week as colder weather with snow came into parts of the country. Although substantially lower than Asian or European gas prices, U.S. January futures Continue Reading
US natural gas storage fields are poised to post the first triple-digit withdrawal of the season as a mild winter has calmed concerns of the inadequate inventories observed during the Continue Reading
20 tankers with U.S. LNG are traveling to Europe, and another 14 are headed in the same general direction awaiting further orders According to analysts, the U.S. cargoes will not Continue Reading
The number of U.S. natural gas cargoes heading for European ports jumped by one-third over the weekend as the continent shivers amid a deepening energy crisis. There were 20 tankers Continue Reading
The Yamal-Europe pipeline that usually delivers Russian gas to Western Europe was sending the fuel back to Poland for an eighth straight day on Tuesday, according to data from German Continue Reading
European natural gas extended its declining streak to the longest in more than a year as shipments from the U.S. look set to ease the region’s energy crunch. Benchmark Dutch Continue Reading
Russian gas giant Gazprom has not booked gas transit capacity for exports via the Yamal-Europe pipeline for Dec. 27, auction results showed on Monday. The pipeline that usually delivers Russian Continue Reading
Highlights 55 Bcf drawn from US storage fields in week ended Dec. 17 Triple-digit drawdown likely for week in progress US natural gas inventories fell about one-third of the five-year Continue Reading
At least 30 tankers with liquefied natural gas from the United States are headed to Europe Ten LNG tankers from the U.S. have already declared Europe as their destination while Continue Reading
Highlights Waha Hub cash falls below $3 for first time since June EPNG westbound flows constrained Mild West Texas weather forecasts The cash price at the Permian spot gas benchmark Continue Reading
Highlights 55 Bcf drawn from US storage fields in week ended Dec. 17 Triple-digit drawdown likely for week in progress US natural gas inventories fell about one-third of the five-year Continue Reading
A breakneck rally in European natural gas prices continued Tuesday, catapulting the benchmark to a new record high with premiums above Asia and the U.S. and creating massive arbitrage opportunities Continue Reading
A combination of weather-related and geopolitical factors have led to an energy crisis in Europe Gas flows on one of the major gas pipelines from Russia to Europe have reversed Continue Reading
Highlights Dramatically above-average two-week forecast Mild temperatures lower overall gas demand outlook Temperature forecasts show unusually mild weather over the next two weeks in Texas and the US Southeast, which Continue Reading
All six major U.S. LNG liquefaction facilities in operation appear to be running at full capacity as they made a new record for LNG feedgas demand. All six major U.S. Continue Reading
Cold-stricken Europe is drawing a flotilla of U.S. liquefied natural gas cargoes amid an energy crisis that has sent gas prices to record levels. Facing a winter shortage and little Continue Reading
Ships carrying liquefied natural gas destined for Asia are changing tack midvoyage to supply European consumers willing to pay a large premium, as prices across the region surge to new Continue Reading
Weather forecasts are among the biggest factors driving natural gas prices, especially during the winter when heating demand is at its peak. At the same time, weather forecasts are notoriously Continue Reading
The New York City Council moved to ban natural gas hookups for new buildings this week as part of its plans to decarbonize A large portion of a cities emissions Continue Reading
Russian natural gas deliveries to Germany through the Yamal-Europe pipeline have fell again on Sunday after rising briefly from Saturday levels, data from German network operator Gascade showed. By midday, Continue Reading
Russia’s gas shipments through a major transit route to Germany are set to remain capped on Monday, potentially worsening Europe’s energy crunch just as a cold snap arrives in the Continue Reading
1. Indian Oil Demand Is Firing on All Cylinders Brushing aside Omicron concerns, Indian downstream players have been ramping up refinery runs and are close to running at 100% (with Continue Reading
US LNG feedgas demand hit a new record high at 12.55 Bcf/d on Dec. 17, based on morning nominations, as the export value of Gulf Coast FOB cargoes surged amid Continue Reading
Onshore gas flaring in the U.S. nosedived in the third quarter of 2021, falling to its lowest level since at least 2012, Rystad Energy stated. Flaring activity reached 380-390 million Continue Reading
The European natural gas benchmark prices tumbled by 15% early on Friday On Thursday, the German regulator reviewing the certification of Nord Stream 2 said it would not make a Continue Reading
Highlights Five-year average equals 114 Bcf draw Forecast shows 52 Bcf pull for week in progress US gas inventories fell by 88 Bcf for the first full storage week of Continue Reading
