Limiting global warming to 2 degrees Celsius above the temperature in pre-industrial times could mean significantly reduced investments in natural gas supply through 2040, analysts warn. If the world is Continue Reading
After tumbling to a four-month low in recent trading, winter gas prices at the Henry Hub could be oversold judging from a recent market forecast published by S&P Global Platts Continue Reading
A new hydrocarbon study led by researchers at Los Alamos National Laboratory contradicts conventional wisdom about how methane is trapped in rock, revealing a new strategy to access the valuable Continue Reading
Cash prices at the Henry Hub tumbled in Nov. 16 trading as gas production edges back toward a recent five-month high and weather forecasts predict more mild temperatures to continue Continue Reading
US industrial gas demand this month has edged up to its highest since late March as the sector recovers from a battering taken during this hurricane season and from a Continue Reading
Early winter demand has arrived in California, dipping into storage fields earlier than normal, and pushing SoCal Gas, city-gate prices above the benchmark Henry Hub as lower production in the Continue Reading
San Francisco will ban the use of natural gas in new buildings starting next year, becoming the latest city in California to clamp down on the heating and cooking fuel Continue Reading
Permian Basin spot gas prices have been surging back toward annual highs in recent trading as West Texas production stumbles and rising LNG export demand pulls more supply eastbound to Continue Reading
Global LNG supply is expected to turn tight gradually in the next five years due to the delay of final investment decisions on many LNG projects, which would ultimately lift Continue Reading
Colorado energy regulators have voted for a curtailment of gas flaring at oil and gas production sites, limiting approved flaring to just a few circumstances, the Colorado Sun reports , Continue Reading
The increasingly global nature of natural gas, with the rise of liquefied natural gas (LNG) supply and trade, is making one of Europe’s key natural gas trading hubs into an Continue Reading
US LNG feedgas demand has topped 10 Bcf/d for the first time as exports surge amid robust Asian end-user prices. Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Appalachian Basin gas production edged up to its highest on record Oct. 30, dampening recent cash and forward-market bullishness over the promise of colder weather. Receive daily email alerts, subscriber Continue Reading
Hurricane Zeta barreled towards the Louisiana coastline Oct. 28, posing yet another threat to Gulf Coast industrial gas demand. As the fast-moving system zooms across the southeast, though, demand from Continue Reading
Seeking to blunt concerns about the damage natural gas does to the environment, some of the world’s largest shippers of the fuel are selling “carbon-neutral” cargoes that include a form Continue Reading
Cooler late-autumn weather and rising gas demand are lifting Henry Hub gas to annual highs, but basis prices in Appalachia continue to lag as the region becomes increasingly disconnected from Continue Reading
EQT Corp., the biggest producer of U.S. natural gas, is seeking to acquire rival CNX Resources Corp., according to people familiar with the matter, as M&A accelerates in the distressed Continue Reading
France’s government has asked local power group Engie, in which it holds more than 20 percent, to delay the signing of a 20-year deal worth US$7-billion to buy liquefied natural Continue Reading
One of the largest utilities in the U.S. put $8 billion into a bet that natural gas would dominate American electricity much like coal had before. “We really consider this Continue Reading
One of France’s biggest energy companies has delayed a decision on a $7 billion deal to import LNG from the US. (Bloomberg) — One of France’s biggest energy companies has Continue Reading
Natural gas could be the single most important energy source of the next decade. For investors who want both profitability and longevity, the natural gas sector is the very first Continue Reading
While Joe Biden has been busy speaking out of both sides of his mouth about what his position on fracking would be, if elected, another revelation has come to light: Continue Reading
In 2018, while much of the world was leaving coal-fired power in the past and moving toward greener pastures (so to speak) coal was barreling full steam ahead in the Continue Reading
As spot gas markets in the Permian Basin struggle to gain a foothold above $1 this month, forwards traders appear confident that winter prices there will likely climb to their Continue Reading
Ensuring LNG buyers can be confident that carbon neutrality in LNG supply means the same across the industry, an independent body should be established to develop industry-specific methodologies, speakers at Continue Reading
In a new report, the Arab Petroleum Investment Corporation (Apicorp), the investment fund of the Organization of Arab Petroleum Exporting Countries (OAPEC), states that the ongoing oil market crisis and Continue Reading
Russia’s Novatek said last week it planned to triple current liquefied natural gas production rates to as much as 70 million tons annually by 2030. That’s despite the current glut Continue Reading
Their budgets just don’t add up anymore. Oil-rich Arab nations are in the throes of a deep economic crisis and facing gaping holes in their finances. Saudi Arabia needs the Continue Reading
Rig counts and gas production in the Haynesville Shale are on the rise recently as stronger winter forwards prices and an anticipated uptick in LNG demand brighten the outlook for Continue Reading
Natural gas was first hailed as the bridge between the fossil fuel past and the renewable future. Then it came under fire because although cleaner than oil and coal, it Continue Reading
Greece, Italy, Egypt, Israel and two other countries will form a permanent organization to promote co-operation over natural gas in the Eastern Mediterranean. Turkey, which has raised tensions by exploring Continue Reading
For all the heat waves and hurricanes that have wreaked havoc in America this year, nothing has stopped the nation’s natural gas supplies from swelling, with a massive stockpile gain Continue Reading
U.S. voters generally support natural gas production, but nearly half of U.S. registered voters believe the natural gas industry must do more to reduce emissions to have natural gas play Continue Reading
BP and Shell have urged Texas energy regulators to put a stop to routine gas flaring across the state’s oil fields, Bloomberg reported , citing a joint letter by the Continue Reading
Elevated natural gas storage volumes and lower demand looks to offset decreased supply flowing into the US Midwest this winter, but Chicago prices could strengthen if the region pulls more Continue Reading
The world’s natural gas traders are hoping for a brutal winter to help sustain a price rally back from a record-setting slump. Fresh in their minds are memories of the Continue Reading
According to the World Bank, energy companies around the world flared 250 billion cubic meters of natural gas last year. That is the highest gas flaring rate since 2009, representing Continue Reading
Henry Hub cash prices were down sharply Aug. 31 as offshore and Gulf Coast gas production previously shuttered by Hurricane Laura continued to come back online, pressuring the regional supply-demand Continue Reading
The Henry Hub 12-month forward curve has increased by more than 40 cents over the last month to $2.88/MMBtu, propelling multiple gas plays to boast internal rates of return per Continue Reading
In the chaos surrounding Hurricane Laura, a sprawling chemical plant in Port Arthur, Texas, released nearly 90 tons of emissions, including a half ton of cancer-causing benzene and 8.7 tons Continue Reading
In a world awash in LNG, any news about more production capacity sounds illogical. Nevertheless, this is what U.S. energy companies are doing: they are boosting their production and export Continue Reading
Increased electricity demand amid higher summer temperatures and lower natural gas prices sent natural gas-fired power generation in the Lower 48 states to a record 36 gigawatts (GW) on July Continue Reading
Two weeks after the devastating explosion that damaged or destroyed large sections of Beirut, former Lebanese President Michel Aoun was asked by French television about the possibility of making peace Continue Reading
Royal Dutch Shell RDS.A -1.63% PLC spent billions of dollars developing one of the world’s most challenging energy projects, a floating gas terminal five football fields long. The coronavirus pandemic is posing a Continue Reading
Up to 10 cargoes scheduled for loading in October at US liquefaction terminals were said to have been canceled, the fewest since May as improving prices in key end-user markets Continue Reading
Gas deliveries to US liquefaction terminals rose to the highest level in two and a half months Aug. 20 at almost 5 Bcf/d amid improving prices in end-user markets and Continue Reading
Forwards markets are becoming increasingly bullish on winter natural gas prices in West Texas as the recent and precipitous drop in Permian Basin drilling activity begins taking its toll on Continue Reading
Two Democratic Oregon US senators are readying legislation that would impose new constraints on the use of eminent domain for interstate natural gas projects, particularly those targeting exports. Receive daily Continue Reading
SoCal Gas city-gate winter 2020-21 forwards prices are now at their highest since early May as stalling West Texas gas production and shifting regional fundamentals boost competition for Permian supply. Continue Reading
Russia’s ambitious LNG plans have so far based on two producing assets – the Gazprom-operated Sakhalin LNG and the NOVATEK-operated Yamal LNG. The addition of Yamal LNG into its portfolio Continue Reading
