France-based oil and gas major Total said Friday it has signed an accord with the government of Papua New Guinea to double LNG exports from that country. Photo by Fletcher6/Wikipedia Continue Reading
November power burn outpaces 2017 average by 1.6 Bcf/d 6,650 MW of coal-fired capacity retired since March Denver — Narrowing gas price elasticity in the US power sector could drive Continue Reading
Cheniere Energy has begun producing LNG from its Corpus Christi Liquefaction project in Texas’ Coastal Bend region. Cheniere Energy has begun producing liquefied natural gas (LNG) from its Corpus Christi Continue Reading
Cold weather blanketing much of the United States this week boosted spot natural gas prices for Thursday to their highest since January in several regions, while natural gas futures slid Continue Reading
The drop largely reversed Wednesday’s meteoric 18% increase to $4.837/mmBtu—the biggest one-day rally in 14 years and the highest closing price since 2014. The sharp moves caught many in the Continue Reading
Natural gas prices skyrocketed this week, shooting above $4.80 per MMBtu on Wednesday, a price last seen during the polar vortex of 2014. Low gas inventories are leaving the market Continue Reading
The reality of the low level of supplies has suddenly awoken gas prices from their months-long slumber. With only a few weeks until the official end of the natural gas Continue Reading
At least three tankers loaded with liquefied natural gas (LNG) from Russian LNG facility Yamal have arrived in the United States recently, according to Russia’s Foreign Ministry spokeswoman Maria Zakharova. Continue Reading
With an eye on last winter’s natural gas supply debacle, Chinese state-owned energy giant CNOOC has pledged a 20 percent rise in gas supply, the company said on Tuesday. The Continue Reading
US natural gas prices rose 18 percent — their biggest one-day gain in eight years — as the onset of winter tests the ability of shale production to supply the Continue Reading
Not volumes, but volatility key to watch in China: Eni High European LNG imports could be shoulder month effect Long-term contracts still valid in LNG industry: Cheniere Berlin — The Continue Reading
U.S. liquefied natural gas company Tellurian Inc said on Wednesday it expects to start construction on its Driftwood LNG export terminal in Louisiana in the first half of 2019 and Continue Reading
An anticipated warmer winter in north Asia and Japan may be good for residents in these colder climates, but it’s starting to play havoc with LNG spot market prices and Continue Reading
Cameron LNG has begun the commissioning process for the support facilities and first liquefaction train of Phase 1 of its liquefaction-export project in Hackberry, La. Cameron LNG has begun the Continue Reading
Commissioning process initiated at Cameron LNG facility First export from Train 1 expected in early 2019 Houston — Sempra Energy is expected to begin flowing feedgas to its Cameron LNG Continue Reading
The NYMEX December natural gas futures contract dropped in US morning trading Friday, likely due to the mild weather forecast for much of November. Receive daily email alerts, subscriber notes Continue Reading
Cameron LNG has begun the commissioning process for the support facilities and first liquefaction train of Phase 1 of its liquefaction-export project in Hackberry, La. Cameron LNG has begun the Continue Reading
Chancellor Angela Merkel said on Friday that Germany would speed up its plans to build a liquefied natural gas (LNG) terminal as Europe’s largest economy seeks to diversify its energy Continue Reading
Donald Trump’s trade war with China is starting to scare away oil and gas investments, as new trade barriers clouds the long-term outlook on exports. Australia LNG announced that it Continue Reading
China’s state-run Zhenhua Oil purchased its first liquefied natural gas (LNG) cargo from Chevron Corp to supply a South China-receiving terminal that it won access to in a recent auction, Continue Reading
Much has been written about how a Trump instigated trade war has hurt China, and with good reason. Numbers coming out of the country show that U.S. tariffs are taking Continue Reading
The chief executive of Texas LNG, a U.S. liquefied natural gas (LNG) project, has cast doubts over his rivals’ plans to build export terminals because their proposed capacities would require Continue Reading
A natural gas shortage in Canada is expected to last through the winter months, forcing gas users ranging from industrial forces to local governments to seek alternative fuel sources and Continue Reading
Washington — DOE, OPIC to develop list of projects under new Build Act authorities Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mexico project could entail Continue Reading
NYMEX December natural gas futures contract rose 7.4 cents and settled at $3.261/MMBtu Wednesday, despite a warmer-than-average weather outlook Receive daily email alerts, subscriber notes & personalize your experience. Register Continue Reading
The U.S.-China trade war is throwing off a new liquefied natural gas production plant in North America, as LNG Ltd. loses Chinese customers. Australia-based LNG Ltd. saw its share prices Continue Reading
FERC has issued a key document for Texas LNG’s proposed LNG export facility in the Port of Brownsville to proceed. The U.S. Federal Energy Regulatory Commission (FERC) has issued the Continue Reading
Natural gas production hit another high in the United States at approximately 87 billion cubic feet per day (Bcf/d) over the last weekend. The rise in production contributed to a Continue Reading
U.S. liquefied natural gas company Cheniere Energy Inc, the nation’s biggest buyer of gas, on Friday asked U.S. energy regulators for permission to start work on the company’s $1.025 billion Continue Reading
France’s oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) from the Ichthys LNG project offshore Western Australia had left the port Continue Reading
China’s LNG demand grew by a record 8 mt in 2017 and is set to expand by another record 12 mt this year, making up 50 percent of all global Continue Reading
The United States is still the world’s largest natural gas producer, despite a marginal 2017 output increase. The United States is still the world’s largest natural gas producer, despite a Continue Reading
The project and others around the globe may help feed surging Asian demand for LNG at a time when China has curbed its purchases from the U.S. as part of Continue Reading
The United States is still the world’s largest natural gas producer, despite a marginal 2017 output increase. The United States is still the world’s largest natural gas producer, despite a Continue Reading
A natural gas pipeline explosion that occurred earlier this month near the city of Prince George will reduce supply to British Columbia by between 20 and 50 percent this winter, Continue Reading
A small liquefied natural gas project north of Vancouver is poised to move to construction in the first quarter of 2019, adding momentum to Canada’s efforts to become a significant Continue Reading
Despite the almost unprecedented divisive nature of Donald J. Trump’s presidency, he is chalking up some impressive foreign policy victories, including finally bringing Beijing to task over its decades long Continue Reading
The rise of major emerging liquified natural gas, or LNG, buyers led by China has created the need for infrastructure investment and new shipping capacity to avoid price volatility, a Continue Reading
Highlights 26 gas-fired power projects planned for region Gas likely to become most-used fuel for power generation in PJM Houston — With about 21,000 MW of new gas-fired power generation Continue Reading
Now that global oil markets have gotten used to Saudi-Russian oil production cooperation that first hit the scene in early 2017 in an effort to reign in global price concerns, Continue Reading
The NYMEX November natural gas futures contract jumped 8.1 cents and settled at $3.320/MMBtu Wednesday, largely driven by erratic weather and storage concerns. Receive daily email alerts, subscriber notes & Continue Reading
JKM is often still used as the benchmark price assessment for spot physical cargoes delivered ex-ship into Japan, South Korea, China and Taiwan. Japan, China and South Korea, for their Continue Reading
Natural gas storage is at record low levels but prices are falling going into winter heating season. Markets seem to be betting that wellhead supply will be sufficient to cover Continue Reading
U.S. dry natural gas production should rise to an all-time high of 82.67 billion cubic feet per day (bcfd) in 2018 from 74.77 bcfd in 2017, according to the Energy Continue Reading
Nymex natural gas prices have jumped nearly 15 percent over the past month, rising to roughly $3.30 per million Btu (MMBtu). The market has clearly grown a little concerned about Continue Reading
Energy companies are betting demand for natural gas will rise at a break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy. Continue Reading
Amid the ongoing trade war between the U.S. and China, it seems that Beijing may be getting the short end of the stick already. On Sunday, the People’s Bank of Continue Reading
The head of Qatar Petroleum, Saad al-Kaabi, on Tuesday warned there would be a significant shortage of LNG on global markets sooner than expected as he reaffirmed the company’s plans Continue Reading
The Trump Administration trade policy is nowhere so clear as in the energy area. For years it was thought that the younger Bush Administration was one of the most energy Continue Reading
Working natural gas stocks in the Lower 48 states totaled 2,866 billion cubic feet (Bcf) as of September 28, 2018, which is the lowest working natural gas stocks have been Continue Reading
