One rather grim data point in the economic recovery from the pandemic: Methane emissions from America’s largest oil field have rebounded. Pollution from the Permian Basin dropped 60% from March to Continue Reading
Output hits annual high, averaging 3.7 Bcf/d in March At 18 rigs, count remains at 40% of pre-pandemic level Production drop in 2021 to flatten through early 2020s After rebounding Continue Reading
Analysts expect US natural gas in storage volumes fell by about half the five-year average the week ended March 19, in what looks to possibly be the final net draw Continue Reading
Global demand for liquefied natural gas will grow to 700 million tons annually by 2040 from 360 million tons last year, Shell said in its LNG Outlook 2021 . As Continue Reading
Russia’s government approved on Monday the country’s long-term development program for liquefied natural gas (LNG), expecting production capacity to rise threefold from current levels to 140 million tons per year Continue Reading
Last year was an unprecedented year for natural gas and liquefied-natural-gas (LNG) markets. Whereas natural gas demand declined by 3%, LNG demand proved to be more resilient and managed to Continue Reading
US LNG feegas demand hit a new record March 19 as total deliveries approach 12 Bcf/d, S&P Global Platts Analytics data show. Receive daily email alerts, subscriber notes & personalize Continue Reading
Feedgas deliveries to US liquefaction terminals set a new record March 17 of 11.65 Bcf/d as end-user prices in Northeast Asia rose for April, S&P Global Platts Analytics data showed. Continue Reading
Analysts call for another below-average storage withdrawal to US gas stocks, and a rare seasonal net injection is possible in the weeks ahead as the February deep freeze fades into Continue Reading
US natural gas storage volumes declined less than the market expected for the second consecutive week, weighing again on prices as only three net draws likely remain before injection season Continue Reading
