US natural gas in storage falls less than expected but massive draw looms
US working natural gas stocks dipped less than the market expected last week, leading to a dip in the Henry Hub prompt month, but a cold spell seizing most of Continue Reading
Can Natural Gas Survive The Energy Transition?
Russia’s gas giant Gazprom believes that pipeline natural gas could be compatible with the global climate goals of greenhouse gas reduction and Europe’s commitment to net-zero emissions by 2050, according Continue Reading
ANALYSIS: Winter storm looks to bring natural gas freeze-offs, lower supply to Midwest as demand spikes
Frigid temperatures settling across the western half of the US this week have the potential to prompt natural gas production freeze-offs, particularly in the Bakken Shale, and lower pipeline inflows Continue Reading
US Northeast spot gas prices, power prices spike amid lower-than-normal temperatures
With the US Northeast cold snap forecast to deepen on Jan. 28, both gas and power prices were trading substantially higher on Jan. 27. Receive daily email alerts, subscriber notes Continue Reading
Global gas demand to rise by 2.8% in 2021, offsetting 2020 decline: IEA
Global gas demand is expected to increase by 2.8% — or around 110 Bcm — this year, just above the extent of the decline witnessed last year and signaling a Continue Reading
Egypt And Israel Look To Capitalize On Natural Gas Resources
The Eastern Mediterranean in a decade went from an ’empty sea’ towards one of the most promising new frontiers of the global oil and gas industry. The Levant basin contains Continue Reading
Why Gazprom Cut Gas Supply To Europe Amid Rising Prices
Soaring natural gas prices in European markets could be seen as a boon for Russian giant Gazprom to increase its gas exports towards the Old Continent. But instead, somewhat surprising, Continue Reading
US working natural gas volumes in underground storage decline 187 Bcf: EIA
The US Energy Information Administration reported the largest weekly draw from gas in underground storage of the current heating season on Jan. 22, but Henry Hub futures continued to flounder Continue Reading
API Bows To Biden On Methane Emissions
The American Petroleum Institute will support federal regulations for oil and gas industry-generated methane, the industry body said on Thursday, according to the Washington Examiner . This is in stark Continue Reading
Baker Hughes Expects More LNG Approvals in 2021
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after Continue Reading