US natural gas storage fields likely added about half the five-year average in the week ended Sept. 3 as offshore production has been slow to recover following Hurricane Ida and Continue Reading
Gazprom Neft, the oil arm of Russian gas giant Gazprom, is starting to settle payments for the jet fuel it supplies in China in yuan, instead of in U.S. dollars, Continue Reading
Surging liquefied natural gas (LNG) prices are prompting utilities across Asia and the Middle East to burn more high-sulphur fuel oil (HSFO) than usual to meet increased power demand during Continue Reading
Liquefied natural gas (LNG) buyers with long-term contracts are asking their suppliers for extra volumes of the super-chilled fuel pegged to oil prices which are currently much lower than spot Continue Reading
Highlights Permian production down 300 MMcf/d from 30-day average 83% of USGC gas production still offline as of Sept. 1: BSEE Cash prices for next-day flows of gas in the Continue Reading
Trucked LNG prices in southern China, including Guangdong and Fujian provinces, have surged to around Yuan 6,000/mt ($527.66/mt) in the last couple of weeks, a record high for the summer Continue Reading
Aug LPG loadings for Asia seen holding at 3.7 mil mt Sep US LPG loadings seen around 4 mil mt Propane premium to butane narrows to $1/mt LPG cargo loadings Continue Reading
Highlights Platts JKM already teasing $18/MMBtu Trading reflects concerns about steep price trajectory Gas inventories in North Asia, Europe closely watched Asia’s LNG importers expect high spot prices this winter Continue Reading
Highlights Chicago futures $2 higher year over year Midwest nuclear plants slated to retire Gas-fired power demand in the US Upper Midwest might prove more than expected in the months Continue Reading
German Chancellor Angela Merkel has said natural gas should never be used as a geopolitical weapon and backed extending an energy partnership deal with Ukraine once it expires in 2024. Continue Reading
