Markets are expecting lower gas prices to return to the Permian Basin next year as surging production overwhelms West Texas again before key midstream capacity expansions enter service in 2021. Continue Reading
The year 2020 could reveal whether a smattering municipal bans on new natural gas hookups for buildings becomes a more widespread movement tied to de-carbonization efforts around the country. Receive Continue Reading
US working gas in storage likely plummeted at a rate well above the five-year average last week on colder weather and record-high LNG demand, but Henry Hub’s balance-of-winter prices continue Continue Reading
Chevron surprised a number of people last week when it announced that it would take a non-cash, after-tax impairment charges of $10 billion to $11 billion in its fourth-quarter 2019 Continue Reading
There have been some signs the shale boom that re-energized America’s domestic energy industry a few years back, might be entering a maturing phase of its development. A phase where Continue Reading
Another liquefaction train at Cameron LNG has begun production. The second liquefaction train at the Cameron LNG project in Hackberry, La., has begun producing liquefied natural gas (LNG), McDermott International, Continue Reading
As production from the US Northeast stalls and the active rig count declines in the region, the market could tighten significantly and help propel Henry Hub futures later this winter. Continue Reading
Drillers and investors who are getting pummeled in the threadbare LNG market might not be sold anymore on the idea that natural gas is the fuel of the future, but Continue Reading
A US trade group representing manufacturers with $1 trillion in annual sales wants DOE to reject four applications to export LNG from the Gulf Coast. A U.S. trade group representing Continue Reading
“We’re not pointing a finger,” said Kurt Blanock, whose teenage son died of Ewing’s sarcoma three years ago. His wife, Janice Blanock, was one of the parents who pushed for Continue Reading
The extraction of oil produces natural gas which, for a long period, was regarded as a relatively useless byproduct. Flaring was the most common way to get rid of this Continue Reading
The gas agreement “in principle” reached between Russia and Ukraine on Thursday in Berlin is a sign that the two sides have been able to compromise at the political level, Continue Reading
When former Energy Secretary Ernest Moniz said in 2013 that the natural gas boom was helping America fight climate change, not everyone was convinced, with methane leaks cited as cause Continue Reading
A commitment from Appalachia’s natural gas producers to slow drilling activity in 2020 already appears to be taking its toll there, with December production levels likely to register their first Continue Reading
As shipping companies prepare to bring their fleets into compliance with IMO 2020, LNG is poised to capture a small but growing portion of the international bunker fuel market in Continue Reading
A decade ago, natural gas was heralded as the fuel of the future. In shale fields across the country, hydraulic fracturing uncorked a lucrative new source of supply. Energy giants Continue Reading
With global gas supplies growing faster than demand and forecasters warning of a deepening glut , it was only a matter of time before analysts began talking about a gas Continue Reading
US EIA raises expected Q1 gas marketed production by 280 MMcf/d to 102.2 Bcf/d US EIA raises Q1 gas demand forecast by 2.14 Bcf/d to 104.54 Bcf/d Washington — The Continue Reading
Train 1 of Freeport LNG has begun commercial operations. One week after announcing a milestone on a Louisiana liquefied natural gas (LNG) export project , McDermott International, Inc. on Monday Continue Reading
Slowing gas demand in China is set to pressure international gas prices further, adding to the burden of producers, some of whom already have to deal with excess supply. Bloomberg Continue Reading
Africa could provide as much a fifth of global demand for liquefied natural gas by 2025, up from 10% in 2018, due to huge investments in the sector and some Continue Reading
The Lake Charles LNG project would convert Energy Transfer’s existing import and regasification terminal into an LNG export facility. Shell US LNG, LLC and Energy Transfer LP have issued a Continue Reading
Chesapeake Energy Corp.’s move to tame its $10 billion debt load alleviates immediate concerns about the oil and gas producer’s viability, yet fundamental issues threatening the company’s long-term outlook remain. The Continue Reading
Balance-of-winter gas prices at the US benchmark Henry Hub sank to a record low recently as an increasingly robust supply outlook for this season continues to drag on market sentiment. Falling Continue Reading
Cameron LNG was flowing feed gas to its second liquefaction train Monday as deliveries to US export terminals remained near a record level with the market in contango and with Continue Reading
Spot prices for natural gas fell sharply on Friday as forecasts for warm weather spooked traders who were hoping for increased demand heading into what is normally cold season in Continue Reading
One of the shale gas pioneer companies in the United States said earlier this month that depressed oil and natural gas prices may force it to breach loan covenants over Continue Reading
Germany’s economy is the biggest and most dynamic in Europe and its gas demand makes it Gazprom’s largest customer in terms of natural gas imports. The country’s gas consumption is Continue Reading
The U.S. Federal Energy Regulatory Commission (FERC) approved on Thursday another four liquefied natural gas (LNG) projects, which will add to the growing American LNG exports in coming years. FERC Continue Reading
New pipeline capacity and restored nuclear power generation will temper LNG market growth. The United States’ ascent to the top tier of global natural gas producers, and its more recent Continue Reading
The natural gas market appears to have lost a sense of scale for storage volumes. Prices languish while last week’s EIA figure for gas in storage at the end of Continue Reading
Volkswagen Group Logistics is the first to use two car freighters powered by liquefied natural gas (LNG) in overseas traffic. The two charter ships of Siem Car Carriers were launched Continue Reading
Brookline, Massachusetts, is latest battleground Vote on measure could be bellwether for support in East Houston — Lawmakers in a Boston suburb are set to vote to ban natural gas Continue Reading
UK police have been accused of sexually assaulting female anti-fracking protesters, including groping and exposing their their breasts while placing them under arrest, reports The Guardian . “I’ve seen women Continue Reading
Amidst the excitement over the killing of the ISIS chief Abu Bakr Al-Baghdadi, a development of much impact on international security passed by when Denmark made the innocuous announcement on Continue Reading
The UK shale gas industry has vowed to continue efforts to prove it can operate safely despite the UK government introducing a moratorium on the use of hydraulic fracturing — Continue Reading
Following the temporary withdrawal of China from Phase 11 of Iran’s supergiant South Pars gas field due to the political backlash that the deal – and related deals – engendered, Continue Reading
After years of dogged support for fracked shale gas and oil, at the expense of clean energy, the Conservatives finally gave in today. This is a significant victory for environmentalists. Continue Reading
Britain will impose an immediate moratorium on fracking, the government announced on Saturday, saying the controversial gas extraction technique risked causing too much disruption to local communities through earth tremors. Continue Reading
The NYMEX front-month natural gas contract settled 4.80 cents lower in Thursday trading after the storage build report announced by the US Energy Information Administration was higher than expected. The Continue Reading
The woes for natural gas drillers continue, with forecasts for prices over the next few years showing a market stuck with oversupply. “Any hope of higher peak winter prices likely Continue Reading
The United States saw its net natural gas exports in the first half of 2019 more than double from the same period last year, thanks to more liquefied natural gas Continue Reading
The UK government will soon make an announcement concerning hydraulic fracturing in the UK amid concerns about the tremors at a fracking site in recent months, Prime Minister Boris Johnson Continue Reading
Highlights Should boost flows on Northern Border Pipeline Will increase gas capture rates Denver — Bakken natural gas production continues to set records and has the potential to surge even Continue Reading
New gas link to bring Norwegian gas to Poland Pipeline to pass through 242 km of Danish waters Construction set for start of 2020 London — Denmark on Friday approved Continue Reading
NAO report details ‘financial pressure’ on local bodies Only three wells fracked to date, well behind plan Environmentalist groups call for end to fracking London — Progress in establishing a Continue Reading
US working natural gas volumes in underground storage added 104 Bcf last week, flipping the deficit to the five-year average to a surplus for the first time in more than Continue Reading
The startup of the Power of Siberia Russia-China natural gas pipeline in December is expected to weigh on the mid-term LNG demand growth potential of China, the world’s second largest Continue Reading
The LNG boom in the United States is helping households pay less for electricity, Energy Secretary Rick Perry told Fox News. “We’re driving down the cost of electricity in most Continue Reading
When leaders from Exxon Mobil and BP gathered last month with other fossil-fuel executives to declare they were serious about climate change, they cited progress in curbing an energy-wasting practice called Continue Reading
