Highlights Prices to ease from 2023, but remain elevated Germany swings to imports, Great Britain to exports Italy moves to top, Spain becomes discount market European power prices are forecast Continue Reading
The NYMEX Henry Hub prompt-month contract tumbled past a key technical support level in Nov. 30 trading, as rising production and a mild start to the heating season ease the Continue Reading
Talks on new gas transit deal with Ukraine depend on demand for the Russian gas in Europe and availability of buyers, Dmitry Peskov, Kremlin spokesman, told reporters on Tuesday. The Continue Reading
An apparent detente between the UAE and Turkey could be one of the most significant geopolitical developments in the region for decades If Mohammed bin Zayed can succeed in exploiting Continue Reading
Russia’s Gazprom (GAZP.MM) on Monday reported a record quarterly net profit of 581.8 billion roubles ($7.8 billion) for the third quarter reflecting high natural gas prices and said it expected Continue Reading
U.S. natural gas futures rose 2% to a one-week high on Wednesday on forecasts for slightly cooler weather and higher heating demand over the next two weeks than previously expected. Continue Reading
Cheniere Energy Partners produced the first LNG at the sixth liquefaction train at the Sabine Pass terminal in Cameron Parish, Louisiana, one year ahead of the train’s previous completion schedule, Continue Reading
Asia is stocking up on LNG inventory to avoid a repeat of last winter’s supply shortage. Surging demand for LNG and increased shipments of U.S. gas to Asia are sending Continue Reading
U.S. natural gas producers will face billions of dollars in hedging losses for 2022 as the global energy crunch boosts gas prices to multi-year highs, research by consultancy Rystad Energy Continue Reading
Europe is short of natural gas — dangerously short. A cold winter could mean a severe crunch, and utility bills are headed higher, burdening ordinary people and weighing on the Continue Reading
