Iran sees gas deal with Total within weeks: minister
Iran expects to sign a long-delayed gas deal with French oil major Total ( TOTF.PA ) in the next few weeks, Iranian Oil Minister Bijan Zanganeh was quoted as saying Continue Reading
Are Russia And The Saudis Planning A Natural Gas Cartel?
The fledgling production cut strategy of OPEC (Saudi Arabia) and non-OPEC (Russia and the FSU) shows that a new strategy is needed to counter the ongoing doubts in the markets. Continue Reading
Can U.S. LNG Challenge Gazprom In Europe?
The first cargo of U.S. liquefied natural gas last week reached its destination in Poland. The country’s Prime Minister called this “a historical moment,” that brought the Central European country Continue Reading
Bearish News For Natural Gas As Inventories Continue To Rise
Natural gas storage inventories increased by 106 Bcf for the week ended June 2, per EIA. The report is bearish with the build coming above market expectations, which were calling Continue Reading
Long Promised, the Global Market for Natural Gas Has Finally Arrived
One day in March, the Rioja Knutsen tanker, filled with liquefied natural gas, was traveling from the U.S. to Portugal. Suddenly, Mexico’s power company lobbed in a higher bid for Continue Reading
Higher US natural gas prices positive for production gains in ’17, ’18: EIA
While projections for higher natural gas prices are expected to reduce gas’ share in the generation mix, the subsequent increase in cash flow to gas producers is seen boosting gas Continue Reading
America’s Unstoppable LNG Boom
Since Cheniere sent America’s first LNG cargo abroad in early 2016, U.S. gas exports have reached buyers in Latin America, Europe, Asia, and even the Middle East. The shale gas Continue Reading
LNG traders evaluate impact of Saudi-led diplomatic blockade of Qatar
LNG traders are bracing for potential trade disruptions following moves from Saudi Arabia, Bahrain, Egypt and the UAE to cut diplomatic ties with Qatar, the world’s largest LNG supplier. Saudi Continue Reading
5 Arab States Break Ties With Qatar, Complicating U.S. Coalition-Building
Hours after five Arab countries broke diplomatic relations with Qatar , a crucial United States ally, Secretary of State Rex W. Tillerson offered on Monday to broker the impasse in Continue Reading
Why U.S. Natural Gas Demand Is Closer to Tipping the Market
Just a decade or so ago, energy traders believed that using natural gas to generate electricity instead of coal was akin to bringing Dom Pérignon to a party where Budweiser Continue Reading