While European oil supermajors are yielding to investor pressure to set emission reduction targets and announcing investments in renewables and EV charging networks, U.S. majors ExxonMobil and Chevron are doubling Continue Reading
The president of the United States may remove a 1920 piece of legislation that bans any non-U.S. vessels from moving any cargo between two U.S. ports. The reason: an imbalance Continue Reading
South Texas gas hubs could be facing upside price risk during the approaching summer months as rising export demand from Mexico and LNG feedgas keep the region’s supply under pressure. Continue Reading
President Donald Trump is seriously considering waiving the requirement that only U.S.-flagged vessels can move natural gas from American ports to Puerto Rico or the Northeast, according to people familiar Continue Reading
Houston’s Apache Corp. said Tuesday it will dramatically cut back on its natural gas production in the Permian Basin for an extended period of time because of steep pricing discounts Continue Reading
Highlights Deficit to five-year average to shrink for sixth consecutive week Henry Hub continues plummet during mild April Denver — Henry Hub futures and spot prices continued to drop Tuesday Continue Reading
Heavily discounted Permian Basin gas could soon access downstream markets in Mexico, following the recent startup of incremental gas deliveries to Fermaca’s Wahalajara pipeline system. Receive daily email alerts, subscriber Continue Reading
Europe’s largest economy is going through a monumental change due to the energy transition or ‘Energiewende’ as it’s called in Germany. Over the years significant amounts of private sector money Continue Reading
Shrugging off low levels of storage, natural gas prices have continued to plunge. The U.S. entered this past winter with natural gas supplies at a 15-year low . Paltry levels Continue Reading
The Haynesville Shale in northeastern Texas and Louisiana is producing 10.522 billion cubic feet per day of natural gas this month, and is expected to produce even more next month, Continue Reading
