EU natural gas demand is unlikely to rise from current levels in the coming years despite an expected boost in consumption from the power sector, the International Energy Agency said Continue Reading
Building liquefied natural gas (LNG) plants is a notoriously expensive and lengthy proposition: one reason a 2012 study found the cost of the Alaskan project might actually be as high Continue Reading
The new massive data leak that has been making headlines for several days now has revealed that a company with U.S. ownership has been buying Russian gas and selling it Continue Reading
The US tax code overhaul being pushed by House Republicans calls for eliminating a credit for producing oil and natural gas from marginal wells, but the industry group that originally Continue Reading
Carnival Cruise Line, a unit of Carnival Corporation, signed an agreement with Shell NA LNG, LLC (Shell) to be its supplier of marine liquefied natural gas (LNG) to power North Continue Reading
U.S. energy ambitions to tap into the growing demand in the Asian market could face a challenge from established Russian programs, analysts said. U.S. President Donald Trump left the 12-nation Continue Reading
U.S. natural gas production growth is expected to surge in 2018, after rising more modestly in 2017, the U.S. Energy Information Administration (EIA) said in a monthly report Tuesday. U.S. Continue Reading
Surging imports to Europe of liquefied natural gas (LNG) are driving down prices. Surging imports to Europe of liquefied natural gas (LNG) are driving down prices, but in the long Continue Reading
US offers ‘critical combination of price and certainty’ for LNG, exec tells Rigzone. From a liquefied natural gas (LNG) exporting perspective, the proverbial stars are aligned for North America, according Continue Reading
Three pipelines connecting the Permian Basin to Mexico came online with total capacity of 3 billion cubic feet per day or bcfd early 2017, but flows have been at a Continue Reading
A lot of activity the past few days in Pennsylvania: home of the Marcellus shale, arguably the world’s best-performing unconventional natural gas and liquids play right now. And it looks Continue Reading
The US exported close to 3 million barrels of ethane in H1 2017, a rise of 83% year-on-year. A majority of these exports were headed to Europe with volumes also Continue Reading
The EIA is scheduled to release its storage data Thursday at 10:30 a.m. EDT. For the Oct. 13 week, the median estimate is for an increase of 57 bcf. Estimates Continue Reading
The original shale gas play, the one that kicked off the shale drilling bonanza a decade ago but then went into decline, is getting a new lease on life. The Continue Reading
Lower-for-longer oil prices and the advance of renewable energy and electric vehicles have made Big Oil plan for a gradual shift toward natural gas in their production portfolios. All current Continue Reading
Much of the attention in energy markets has been focused on OPEC and oil prices lately. But news this week suggests that a different energy commodity is quietly becoming the Continue Reading
While speaking before industry executives last June, United States President Donald Trump asserted that he had “ended the war on coal” and that America would be “dominant” in energy. But Continue Reading
Virginia energy company Dominion Energy Inc said Tuesday its $4 billion Cove Point liquefied natural gas export facility in Maryland was about 96 percent complete and was expected to enter Continue Reading
Cheniere Energy Partners LP said Friday that the fourth train at its Sabine Pass liquefied natural gas plant was substantially complete, boosting output from the first LNG export terminal in Continue Reading
The giant natural-gas field, once one of fracking’s hottest spots, is making a comeback after being sidelined. Gas production from the Haynesville has risen more than 20% so far this Continue Reading
The world’s oil majors, beset by intimations of demand for their favorite product leveling off , seek comfort from an invisible friend. Compared to oil and coal, natural gas looks Continue Reading
Russia’s oil giant Rosneft has closed the deal to buy from Italy’s Eni a 30-percent stake in the offshore concession in Egypt where the giant Zohr gas field is located, Continue Reading
The Panama Canal Authority is working with LNG shippers towards doubling the capacity set aside for LNG vessels by next October, the PCA said Wednesday. The PCA is working towards Continue Reading
US gas exports can improve balance of trade, create jobs and support long-term economic growth. According to the Office of the United States Trade Representative (USTR) , the U.S. goods Continue Reading
Russia’s biggest natural gas producer Gazprom aims to take a 10 percent share of the Chinese gas market after 2025, a company executive told an energy conference on Wednesday. Gazprom Continue Reading
Liquefied natural gas, long the domain of foreign producers like Qatar, has come to the U.S., with many LNG projects in the works. In general, these projects are progressing quickly, Continue Reading
China’s technologically recoverable shale gas reserves dropped by 6 percent in 2016, the country’s Ministry of Land and Resources said on Saturday, with no new finds of the unconventional resource Continue Reading
U.S. natural gas stocks look somewhat tight after low prices this summer worked off the excess stocks that built up in the first half of the year. Current stocks are Continue Reading
Natural gas producers in the US Southeast are beginning to yield dividends from a bid to reverse declining production in one of the region’s seemingly forgotten shale plays. Recent data from Continue Reading
A joint federal-state commission on Wednesday voted to move ahead with a rulemaking that would prohibit horizontal drilling and hydraulic fracturing across a large swath of eastern Pennsylvania, as well Continue Reading
Estimates vary, but some 9 million people lost power during Hurricane Irma, according to the CEO of Florida Power & Light, the state’s largest utility. As of Monday, an additional Continue Reading
Swiss trading houses are muscling in on the global market for liquefied natural gas, until now the preserve of energy giants, and expect to grab a $10 billion share of Continue Reading
India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp (XOM.N) in a rare contract renegotiation, a bad sign for producers Continue Reading
Offshore US Gulf of Mexico natural gas production continued to return to pre-Hurricane Harvey levels as crews returned to platforms Tuesday, while onshore producers and midstream companies said they were Continue Reading
Houston and the Gulf Coast region of Texas continued to dry out Monday following the days of historic flooding that Harvey delivered. The storm made landfall as a hurricane, but Continue Reading
Gulf of Mexico offshore gas production continued to rebound Sunday in the aftermath of Hurricane Harvey. The Bureau of Safety and Environmental Enforcement said about 271.4 MMcf/d of gas was Continue Reading
Governor Andrew Cuomo in New York, January 18. The economic fallout from Gov. Andrew Cuomo’s rejection of the Constitution pipeline should serve as a warning to other states that want Continue Reading
In a little more than a month’s time, Russia will formalize its claim for a bigger role in the ever-expanding global LNG market. Early October, when the Yamal LNG will Continue Reading
U.S. natural gas futures rose more than 1 percent after touching a nearly three-week low on Monday as concerns about a tighter market following Tropical Storm Harvey offset any effects Continue Reading
On August 23, the U.S. Department of Energy released a highly anticipated study on the reliability of the U.S. electricity grid, the product of a review ordered by Secretary of Continue Reading
A combined ice breaker and LNG tanker has crossed the northern sea route A commercial LNG tanker has sailed across the colder, northern route from Europe to Asia without the Continue Reading
The NYMEX September natural gas futures contract rose 2.1 cents Thursday to settle at $2.949/MMBtu, as the US Energy Information Administration announced a lower-than-expected storage build for the week ended Continue Reading
Qatar supplies 20 percent of Britain’s natural gas. Just in the past four weeks, British ports have received one million meters worth of scheduled gas orders, according to the Middle Continue Reading
Progressives once hailed natural gas as a “transition fuel” to renewables like solar and wind, but now they are waging a campaign to “keep it in the ground.” New York Continue Reading
U.S. attempts to export natural gas into Europe’s energy market are facing stiff resistance from the region’s dominant player: Russia. A tanker is scheduled to arrive in Lithuania this week Continue Reading
The Cristophe de Margerie, an LNG carrier commissioned by French Total, has become the first tanker to pass the Arctic unaided and is now en route to its destination in Continue Reading
China expects its apparent natural gas consumption to rise over 10 percent year-on-year to around 230 billion cubic meters (bcm) this year, the official Xinhua news agency said on Saturday Continue Reading
A U.S. industrial trade group said Washington’s domestic focus should prioritize the retention of natural gas, rather than target it for the export market. As a candidate, Donald Trump ran Continue Reading
Construction of the 713-mile Rover pipeline ran into trouble this spring. Goldman Sachs Group Inc. GS -1.86% lost more than $100 million in a wrong-way bet on regional natural-gas prices Continue Reading
America’s shale gas production is about to surge 12 percent. Sort of. The Energy Department issued a report Monday estimating that the nation’s prolific shale formations will yield 59.4 billion Continue Reading
