IHS Markit: Natural Gas Is Crucial In Energy Transition
Natural gas could become a pillar of emissions reduction both in the near and long term, IHS Markit said in a new study this week. While many analysts and net-zero Continue Reading
End to capacity restriction on Texas Eastern, bullish for Northeast gas market
Texas Eastern Transmission on Aug. 4 lifted an extended capacity restriction on its 30-inch line, opening the floodgate for more Appalachian gas to flow southbound to markets in the US Continue Reading
Is This The Next Major Threat For Natural Gas?
From California to Massachusetts, some U.S. cities are enacting—or trying to enact—bylaws banning natural gas hookups in new homes, citing concerns over climate change and efforts to decarbonize energy supply. Continue Reading
Looming Northeast supply shortage drives steady advance in winter gas prices
Transco Z6 New York hits upper $7s/MMBtu for January, February Algonquin CG peak season pricing at $13 to $14/MMBtu Northeast storage trails 5-year average by 54 Bcf, or 7% Natural Continue Reading
LNG seen offering upside as North American gas pipeline buildout winds down
Hurdles to pipeline constructing rising Could add 33 Bcf/d of gas capacity over 2020-25 LNG is the fossil fuel poised to have the biggest earnings advantage as the North American Continue Reading
Physical imports of LNG in Europe slashed in July as global market tightens
Highlights Shipments to liquid markets down by a third on month, year UK imports just one cargo in July, Russia using Artic route Reload patterns illustrate rocketing global demand A Continue Reading
Natural Gas Deficit Causes Prices To Soar
Natural gas prices are rising across Europe and Asia due to tighter supply of the commodity, lower production in Europe, and lower exports from Russia, the Financial Times reports , Continue Reading
Natural gas production to be flat, but greener, higher value: EQT
Highlights Q2 gas production averaged around 5.6 Bcfe/d Investment in emissions reduction, RSG certification Executives at EQT, the largest natural gas producer in the US, plan to capture value by Continue Reading
Japan Energy Transition Threatens LNG Demand
Japan’s ambitious energy shift to renewables is threatening future demand for liquefied natural gas as the country is the world’s largest importer of the commodity, Bloomberg reports . Japan last Continue Reading
U.S. LNG exports in first half up 42% from a year ago -EIA
U.S. liquefied natural gas (LNG) exports accelerated in the first half of 2021, as colder weather drove LNG spot prices in Asia and Europe higher, the U.S Energy Information Administration Continue Reading