BP is investing $155 million in production facilities for Clean Energy Fuels Corp.’s Redeem-branded renewable natural gas. The deal supports both companies’ role in the future of RNG, or biomethane, Continue Reading
The U.S. Energy Information Administration (EIA) on Tuesday projected dry natural gas production would rise in 2017 after falling in 2016, while gas consumption would decline in 2017 after rising Continue Reading
Not everybody attending the Iranian natural gas summit last week in Frankfurt was there for the same reason. While most were gauging the prospects for an opening of major natural Continue Reading
Europe’s appetite for natural gas is leading to a growth “renaissance” as its stores of the fuel languish at the lowest levels since 2013, according to Gazprom PJSC. Europe’s appetite Continue Reading
Natural gas has fallen to a new three-month low thanks to lower-than-expected draws on storage, prompting the Wall Street Journal to report that the coming months may see bearish oversupply. Continue Reading
Two new pipelines to be built over the next 12-18 months are likely to bring down natural gas prices on the U.S. market just when they were starting to rise Continue Reading
U.S. natural gas speculators cut their net long positions for a second week in a row on forecasts that the weather will moderate for most of the rest of the Continue Reading
Natural gas prices climbed Thursday after weekly data showed natural gas storage levels remained low despite mild weather. Natural gas for February delivery gained 5 cents, or 1.5%, to settle Continue Reading
Russia is the gas supplier of choice for European markets and will remain the most cost-effective and reliable source of gas in Europe, Alexander Medvedev, Gazprom’s deputy CEO, said Tuesday. Continue Reading
Natural gas prices averaged a little more than $2.50 per mmBtu (million British Thermal Units) in 2016. Those days are over. Prices will average at least $3.50 to $4.00 in Continue Reading
The U.S. gas market has tightened significantly over the last nine months as low prices have spurred strong consumption and exports while slashing drilling of new wells. The market has Continue Reading
Natural gas prices rose Thursday, flipping up from losses after data showed a larger-than-expected drain from storage last week. The U.S. Energy Information Administration said natural-gas stockpiles shrank by 243 Continue Reading
Carnival opting for LNG instead of marine diesel oil. As this series on natural gas utilization has shown, initiatives to develop new markets for abundant natural gas supplies are prompting Continue Reading
The US Energy Information Administration’s Annual Energy Outlook 2017 is projecting growth in natural gas production from now until 2050, and sees gas exports helping drive the US to switch Continue Reading
Fear and trembling over the return of oversupply in natural gas The new year started off terribly for one of 2016’s best-performing commodities, reinforcing fears that have lingered over the Continue Reading
The prospect of a mild January has throttled the US natural gas market, pushing benchmark prices down in the biggest daily decline in almost two years. The 10.7 per cent Continue Reading
Natural gas prices are surging as cold weather eats into U.S. inventories, tightening the market much more quickly than many analysts had expected. The blast of Arctic weather in December Continue Reading
The startup in February this year of US LNG exports based on cheap American shale gas had been expected to see a good proportion of cargoes heading across the Atlantic Continue Reading
It is not just individual investors that are having to be patient and bide their time waiting for energy sector investments to pay off. Many corporations are making long term Continue Reading
A nearly $2 billion natural gas deal could signal a sign that companies are interested in gas drilling again after a long downturn. Gulfport Energy announced plans to issue new Continue Reading
Struggling shale company Chesapeake Energy said Tuesday it was anticipating a recovery next year after releasing a good portion of its non-core gas assets. The company said it sold another Continue Reading
Southern California Gas Co (SoCalGas) has urged customers to reduce natural gas use to help lower the risk of possible gas and electricity shortages due to what it described as Continue Reading
U.S. dry natural gas production continued to increase in 2015, reaching 74.1 billion cubic feet per day (Bcf/d). This record-high level was a 4.5% (3.2 Bcf/d) increase over 2014, according Continue Reading
America’s shale gas drillers are back to looking for the next big play. On Wednesday, Gulfport Energy Corp. struck a deal to buy acreage in an oil and natural gas Continue Reading
Chesapeake Energy is drilling a massive well in the Haynesville shale outside Shreveport, La., Doug Lawler watched a drilling rig’s high-pressure pumps rumble as workers bored in to a massive Continue Reading
Pennsylvania environmental regulators have fined a natural-gas driller more than $3.5 million for violations at 10 well sites and six pipeline locations. The Department of Environmental Protection said Wednesday that Continue Reading
The U.S. Department of Energy (DOE) on Thursday granted authorization for a proposed liquefied natural gas (LNG) terminal in Lake Charles, La., to export LNG to countries with which the Continue Reading
Sempra Energy said it filed the necessary paperwork to hasten the development of a port in Texas that could export liquefied natural gas, seen as a strategic asset. Sempra, which Continue Reading
OPEC’s decision to shrink oil production is both a blessing and a curse for natural gas markets. It’s bad news for the U.S. gas bulls enjoying a rally that has Continue Reading
Two contractors talk on a natural gas drilling rig in Keene, Texas. In November—as well… The U.S. has become a net exporter of natural gas, further evidence of the how Continue Reading
Lower demand for coal will make natural gas an increasingly important fuel The International Energy Agency (IEA) released its annual World Energy Outlook Wednesday, saying natural gas will play an Continue Reading
In the emotion-laden aftermath of the U.S. presidential elections, the focus of all energy attention seems to be exclusively on crude oil and domestic production. Specifically, on whether energy independence Continue Reading
Natural gas-fired and renewable resources are expected to enjoy growing generation mix shares over the next three decades, driven by low-cost gas and renewable energy cost declines and performance improvements, Continue Reading
The value of any commodity is based on its supply and the demand in the market. If one of them is disrupted, it affects prices. Natural gas has been a Continue Reading
US natural gas in storage increased 30 Bcf to 4.047 Tcf in the week ended November 11, the US Energy Information Administration reported Thursday, breaking the previous all-time high of Continue Reading
Working natural gas in storage reached a record high of 4,017 billion cubic feet (Bcf) as of November 4, according to EIA’s latest Weekly Natural Gas Storage Report . Inventories Continue Reading
The LNG industry has been turned on its head by forces that could not been foreseen just few years ago. Continuous drop in demand for gas in Asian markets (down Continue Reading
Shell LNG Chevron’s $54-billion Gorgon liquefied natural gas plant in Australia was shut down for a third time since it launched in March, with sources telling news agencies that the Continue Reading
Global flows of liquefied natural gas (LNG) are set to change as the growth in a supply glut will peak in 2018 because of new production from Australia and the Continue Reading
In a ruling in a lawsuit brought by the Marcellus Shale Coalition, a Pennsylvania judge on Tuesday ordered the temporary stay of several key provisions of a set of natural Continue Reading
Dear President-Elect Trump, There’s work to be done. And I know you’re up for a challenge. In fact, I’m now sure of it. So let me lay out a policy Continue Reading
The US Energy Information Administration on Tuesday lowered its projections for natural gas production for the current quarter and the next one, as well as for the full-year 2016, predicting Continue Reading
U.S. natural gas production may be stabilising or even starting to rise as the boost to oil and gas prices in recent months stimulates an increase in new drilling. Marketed Continue Reading
The global glut of natural gas still hasn’t reached one corner of the U.S. The heating fuel may surge to $20 to $25 per million British thermal units in New Continue Reading
The natural gas industry in Pennsylvania is challenging new state regulations that govern surface development of shale gas wells, saying they threaten jobs and investment by adding up to $2 Continue Reading
As Cheniere Energy shuts down its LNG terminal at Sabine Pass for a month of repairs, it seems like a good time to take stock of the global LNG situation. Continue Reading
Output from hottest U.S. shale play may blindside gas traders Permian’s lower drilling cost driving drilling rig increase One of the biggest threats to an extended rally in U.S. natural Continue Reading
Natural Gas storage The EIA published its latest Short-Term Energy Outlook and it is not exactly the most bullish report the agency has ever put out. The EIA believes that Continue Reading
The shale revolution has changed the U.S. natural gas production and trade dynamics forever. Domestic output and exports have been rising, to the point where the U.S. is poised to Continue Reading
Natural gas prices have been low for years, as shale gas drillers continued to break records with higher and higher production. But just as the oil markets have gone through Continue Reading
