A fifth tanker that loaded at a US liquefaction facility was said to be heading toward China on Wednesday, as tariff waivers appear to be encouraging more deliveries following a Continue Reading
Shipments of liquefied natural gas will decline from record levels as global economic growth weakens and energy consumers work through a glut, an industry group said. LNG imports surged 13% to Continue Reading
Natural gas production in the U.S. is expected to drop by the fastest pace ever in 2021 as drillers slash spending in response to the coronavirus pandemic that’s sending oil Continue Reading
A widening cash-to-winter price spread at the Henry Hub and a forecast calling for mild temperatures in the coming weeks could be sufficient to push a near-record volume of gas Continue Reading
The last time the global economy was in free fall, an economic savior showed up in southwestern Pennsylvania. Energy companies, which had discovered a way to get at the state’s Continue Reading
The United States has a long-running love affair with natural gas, with fossil fuels acting as the lynchpin in the country’s power generation mix , while nearly half of American Continue Reading
High natural gas storage volumes combined with effects of the coronavirus outbreak could suppress demand and prices through at least the end of the summer and likely into winter, according Continue Reading
Traders are backing off their bearish bets on natural-gas prices, stock buyers are flocking to the beaten-down shares of Appalachian producers and analysts are forecasting short supplies of the fuel Continue Reading
US spot gas prices plunge to multi-year lows; the Henry Hub cash price tumbles 16.10 cents Wednesday morning to $1.654/MMBtu, the lowest price since March 9, 2016, when Henry Hub Continue Reading
Plummeting oil prices have been the focus of attention ever since Saudi Arabia and Russia fired the first shots in what analysts see as a potentially devastating oil price war. Continue Reading
North American liquefaction terminals currently being built may see reduced construction activity for an indefinite period due to health officials’ recommendation to avoid assembling large groups of people to guard Continue Reading
Chesapeake Energy Corp, the oil and gas exploration and production company that helped spearhead the U.S. shale revolution, has tapped debt restructuring advisers amid a rout in energy prices, people Continue Reading
The US Energy Information Administration on Wednesday lowered its forecasts for Henry Hub spot natural gas prices forecasts for the first two quarters of 2020, but predicted prices will rise Continue Reading
Excess production, depressed demand, and weak prices: this sums up the natural gas market right now even better than it sums up the oil market. Unfortunately, with the China coronavirus Continue Reading
The rout in global crude oil prices this week is unlikely to show an immediate impact on US associated natural gas production, but if sustained, could keep domestic output flat Continue Reading
Growth in China’s natural gas imports, including piped gas and LNG, slowed to 2.8% over January-February from 18.5% a year ago as the coronavirus outbreak further exacerbated a demand slowdown Continue Reading
As the collapse of OPEC+ talks on production cuts sent energy stocks into a tailspin, one corner of the industry defied the rout: U.S. natural gas drillers. Shares of gas producers including Cabot Continue Reading
EIA expects pipelines will increase natural gas deliverability in New England as a result of infrastructure upgrades Several natural gas pipeline upgrades are either planned or under construction in New Continue Reading
Pioneer Natural Resources CEO Scott Sheffield has called flaring a “black eye” on the Permian Basin. Jason Bordoff, founding director of Columbia University’s Center on Global Energy Policy, wrote this Continue Reading
Like many cities around the country, Phoenix, Arizona, has a plan to achieve an 80 percent reduction in greenhouse gas emissions by 2050. But a new state law that was Continue Reading
If you’re waiting for natural gas prices to recover, you might be in for a considerable wait, as inventories are expected to hover well above their five year average for Continue Reading
Once a vanguard of the US shale revolution, Chesapeake has fallen headlong toward collapse as it and rival drillers flooded the US with excess gas. (Bloomberg) — Chesapeake Energy Corp.’s Continue Reading
A new study published in Nature may have ended a long scientific debate about the key source of rising methane levels in the atmosphere. It found that methane emissions from Continue Reading
If you take a drive through oil country in western North Dakota at night, you will see hundreds of places where natural gas is being flared (or burned) off. This Continue Reading
Dubai — Saudi Arabia is unlikely to start exporting gas despite plans to invest $110 billion to develop its biggest unconventional gas field, although the asset could help wean the Continue Reading
The Persian Gulf is, without doubt, the most prominent oil and gas production area in the world. After decades of intensive exploration and production, the region still amaze persistent explorers. Continue Reading
President Trump is planning to push American shale gas when he travels to India this week. So far, U.S. gas exports have proven to be a tough sell globally. U.S. Continue Reading
A buyer of liquefied natural gas has canceled two cargoes from Cheniere Energy Inc., the biggest U.S. exporter, as a global glut pummels prices for the fuel and threatens to Continue Reading
The supply growth of liquefied natural gas (LNG) on the global market is set to slow down later this year and in 2021 when the last of the new projects Continue Reading
Shell expects Chinese LNG demand to remain lower than expected into March due to the ongoing coronavirus outbreak in the country, senior company officials said Thursday. Receive daily email alerts, Continue Reading
Fossil-fuel production may be responsible for much more atmospheric methane than scientists previously thought, according to new research published today in the journal Nature. The results, if they hold, suggest Continue Reading
Gas production at Groningen, Europe’s largest gas field, will end in 2022, eight years earlier than planned due to the risk of earthquakes. The move will leave the continent’s gas Continue Reading
Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is Continue Reading
Global LNG markets are struggling with a glut of unprecedented levels. International expansion in Australia, Qatar, Mozambique and Egypt, combined with a continuously strong US shale gas export drive, is Continue Reading
With natural gas prices bumping down to record lows and supplies set to increase in the coming years, sellers of gas into Europe are keeping everything crossed that coal and Continue Reading
Natural gas–the bridge fuel to our renewable future–is cleaner and cheaper than oil. If it’s the clearly green fuel and already widely used to generate power, why isn’t the whole Continue Reading
Warmer winter weather this year has reduced U.S. natural gas demand for heating, and as production growth continues to exceed demand growth, U.S. natural gas prices slumped this month to Continue Reading
NextDecade’s Rio Grande facility will be able to export LNG to FTA and non-FTA countries. The U.S. Department of Energy (DOE) has issued an order authorizing NextDecade Corp. to export Continue Reading
Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week, Continue Reading
Natural gas sector has been unsettled by a wave of pipeline opposition Shell considers gas a transition fuel that supports the intermittency of renewables The natural gas sector faces growing Continue Reading
The US Energy Information Administration on Tuesday pared back its Henry Hub natural gas spot price estimates for the first two quarters of 2020, citing a warmer-than-expected January and burgeoning Continue Reading
Liquefied natural gas is fetching the lowest price on record in Asia, a troubling sign for U.S. energy producers who have relied on overseas shipments of shale gas to buoy Continue Reading
When Berkeley, Calif., became the first city in the country to ban natural gas hookups in new construction last July, no one knew the effects would ripple out so far Continue Reading
US natural gas utilities are rallying against an emergent threat to their historically stable business as communities worried about climate change block new pipelines and gas connections for homes. As the Continue Reading
S&P ratings downgraded six U.S. shale gas companies that might find it difficult to refinance billions in debt on the back of chronically low gas prices and overinvestment, S&P Global Continue Reading
Such an outcome would be a blow to the fast-expanding US LNG industry. (Bloomberg) — A grim situation for U.S. natural gas exporters has gotten even worse as the coronavirus Continue Reading
Deteriorating conditions in US natural gas markets this year are posing growing credit risk to the industry’s producers and even midstream developers, S&P Global Ratings said Wednesday. Receive daily email Continue Reading
LNG use driving demand, India likely underestimated Industrial use, not power generation to drive gas demand The world has entered a “golden age of gas” thanks to the growth of Continue Reading
The cold weather has simply not arrived. After the lowest summer U.S. natural gas prices since 1998, the market has continued to fall this winter 2019-2020. The cold weather has Continue Reading
While massive world-scale LNG projects around the coast of North America have dominated headlines, smaller-scale regional LNG is also growing quickly. While massive world-scale liquefied natural gas (LNG) projects around Continue Reading
