In Booming Oilfield, Natural Gas Can Be Free
Shale drillers in the Permian Basin are producing vast amounts of gas as a byproduct of prospecting for oil. But there aren’t enough pipelines to take all the gas to Continue Reading
World’s largest floating LNG platform starts production in Australia
Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world’s largest floating production structure and the last Continue Reading
Analysis: Weather Service forecast prolongs uncertainty over natural gas demand, storage
Uncertainty to drive storage-related buying, price volatility Denver — A three-month outlook released Thursday by the US National Weather Service could perpetuate market uncertainty about temperatures and potential gas demand Continue Reading
US natural gas storage falls 141 Bcf to 2.773 Tcf: EIA
US natural gas in storage fell by 141 Bcf last week, but much smaller withdrawals are expected over the next two reporting weeks, which should cut into some of the Continue Reading
Exxon Suspends Canadian WCC LNG Project
ExxonMobil has withdrawn its Canadian liquefied natural gas (LNG) export project WCC from an environmental impact review, effectively meaning that the plan has been shelved. The WCC LNG project, led Continue Reading
Rising LNG demand to exert more pull on U.S. natural gas prices
U.S. liquefied natural gas (LNG) export capacity is on the brink of doubling in 2019, which will boost the super-cooled fuel’s influence on the U.S. natural gas market, where volatility Continue Reading
NYMEX January natural gas sees double-digit rebound on rise in demand
A slight rise in demand Tuesday provided impetus for the NYMEX January natural gas futures contract and the rest of the winter to rebound Tuesday after five straight days of Continue Reading
North America LNG Rebound to Continue in 2019
North America should lead an expected record year for global LNG project sanctions in 2019, predicts Wood Mackenzie. North America should lead an expected record year for global liquefied natural Continue Reading
Asian LNG Demand To Quadruple By 2030
The biggest buyers of liquefied natural gas (LNG) in Northeast Asia—which account for more than half of the world’s LNG market—could see their total uncontracted demand rising fourfold by 2030, Continue Reading
Cuadrilla Halts Fracking Again Operations As Tremors Persist
Cuadrilla has halted fracking operations for a fourth time in the last two months as yet another tremor was recorded near the shale gas company’s Preston new Road site in Continue Reading