U.S. LNG Exports Heading For An All-Time High
1. Indian Oil Demand Is Firing on All Cylinders Brushing aside Omicron concerns, Indian downstream players have been ramping up refinery runs and are close to running at 100% (with Continue Reading
US feedgas demand hits new high amid soaring LNG prices in end-user markets
US LNG feedgas demand hit a new record high at 12.55 Bcf/d on Dec. 17, based on morning nominations, as the export value of Gulf Coast FOB cargoes surged amid Continue Reading
Bakken, Permian Push U.S. To Record Gas Flaring Lows | Rigzone
Onshore gas flaring in the U.S. nosedived in the third quarter of 2021, falling to its lowest level since at least 2012, Rystad Energy stated. Flaring activity reached 380-390 million Continue Reading
Europe’s Gas Prices Plunge As Russia Signals More Supply Is Coming
The European natural gas benchmark prices tumbled by 15% early on Friday On Thursday, the German regulator reviewing the certification of Nord Stream 2 said it would not make a Continue Reading
US gas storage inventory drops by 88 Bcf as weaker withdrawal lies ahead
Highlights Five-year average equals 114 Bcf draw Forecast shows 52 Bcf pull for week in progress US gas inventories fell by 88 Bcf for the first full storage week of Continue Reading
Germany Pushes Back Nord Stream 2 Decision To July
The German regulator reviewing the certification of the Nord Stream 2 gas pipeline will not make a decision before July 2022, the president of the regulator said on Thursday, in Continue Reading
European Gas Plunges After Russia Books Pipeline at Last Minute
European natural gas prices plunged from a record close after Russia topped up fuel to the region at the last minute. Dutch next-month futures fell as much as 16%, with Continue Reading
U.S. Onshore Gas Flaring Falls To Lowest Level Since 2012
Onshore gas flaring in the U.S. has plummeted, falling to its lowest level since at least 2012. The most significant contributors to this steep decline were the Bakken and Permian Continue Reading
Gazprom’s Export Growth Slows As Europe’s Energy Crisis Worsens
The pace of Gazprom’s natural gas exports’ growth to Europe has slowed in recent months to just under five percent, according to data published by the Kremlin-backed gas giant yesterday. Continue Reading
Potential Polar Vortex Could Send Natural Gas Soaring Again
U.S. natural gas prices have fallen some 40% since Mid-October Bullish traders got obliterated last month in what’s known as the widowmaker trade Meteorologists now say the narrative is flipping Continue Reading