The market for LNG is getting tighter
Growing demand from China should soak up some of the spare capacity of LNG to the modest relief of emerging suppliers like the United States, analysis finds. Chinese economic policymakers Continue Reading
US gas storage expectations dip on warmer temperatures
A survey of analysts expects the US Energy Information Administration to announce a storage injection of 92 Bcf for last week, which is once again below the five-year average and Continue Reading
ExxonMobil sees Russian LNG plant’s capacity at 6.2 million T/year: Ifax
U.S. major ExxonMobil and Russian energy company Rosneft ( ROSN.MM ) expect their future joint project to produce more than 6.2 million tonnes of liquefied natural gas per year, Interfax Continue Reading
Proposed permit fee increase in Pennsylvania not expected to slow drilling in state
Industry and state leaders agreed that a plan by Pennsylvania regulators to more than double permit fees for unconventional wells would likely not put a damper on producers’ plans to Continue Reading
US Gas Caps Biggest May Gain Since 2010 as Deficit Sticks
U.S. natural gas futures are having their best May rally since 2010 as hot weather boosts demand for the power plant fuel, slowing efforts to refill depleted inventories. Prices rose Continue Reading
Russia Just Won Big In The European Gas War
There’s been a lot of talk on both sides of the Atlantic about the U.S. pivot and efforts at locking in natural as market share in Europe. Much of this Continue Reading
Shale gas no panacea, U.N. report finds
Shale natural gas serves as a bridge to a low-carbon economy, but it’s still a fossil fuel that could contribute to climate risks, a U.N. report round. The U.S. Energy Continue Reading
Possibility opens for LNG exports from Canada
While formerly on the shelf, a pipeline that could feed a liquefied natural gas terminal in British Columbia can proceed, federal regulators said. The National Energy Board gave Nova Gas Continue Reading
Europe tries to correct Gazprom’s behavior
Russian energy company Gazprom is obliged to address concerns about the price of natural gas for some regional markets, the European government said. The European Commission adopted a measure that Continue Reading
China Set To Import More LNG From U.S.
China will take in more natural gas from the United States to satisfy growing domestic demand, a Chinese consultancy has said amid trade talks between Washington and Beijing seeking to Continue Reading