Is Warren Buffet Right About Natural Gas?
I have established a reputation as a bit of a contrarian in certain areas of the energy market. I have been tough on pipeline companies in particular. Pipelines have attributes Continue Reading
Cheap Natural Gas To Remain Fuel Of Choice For Decades To Come
While net-zero emissions goals started in England last year are spreading to governments, utilities, and private companies worldwide, natural gas doesn’t have to go the way of coal. Coal is Continue Reading
The Beginning Of The End For Gas Flaring
The Texas Railroad Commission last month surprised many: it said it would tighten the rules for gas flaring at oil fields later this year. Texas is certainly not the state Continue Reading
Weak Demand Forces Buyers To Cancel U.S. LNG Cargoes
Depressed global demand for liquefied natural gas (LNG) continues to drive buyers of U.S. LNG to cancel cargoes for loadings in September, sources in the industry told Reuters on Tuesday. Continue Reading
LNG Markets May Not Recover Until 2021
The cash margin for U.S. LNG exporters improved slightly in the second quarter, but will likely remain negative for the duration of 2020, according to a new report. The LNG Continue Reading
Russia Aims For 15% Of Global LNG Market By 2025
Ongoing development of new liquefied natural gas (LNG) projects in Russia will allow it to seize a 15-percent share of the global LNG market, Russian Energy Minister Alexander Novak wrote Continue Reading
Russian Oligarchs At War Over LNG
While Shell’s ~$17-billion Australian LNG project, Prelude, hasn’t produced since February after shipping its first product in June 2019 and no one knows when it will be restored due to Continue Reading
Middle East gas flaring drops, but zero targets still a long way off
The Middle East is making progress in cutting natural gas flaring even as the wider region including North Africa, as well as the US, is showing no sign of a Continue Reading
US working natural gas volumes in underground storage rise by 45 Bcf: EIA
US natural gas stocks increased nearly 20 Bcf less than the five-year average due to year-to-date high gas-fired power demand, but the NYMEX Henry Hub balance-of-summer strip remained relatively static Continue Reading
U.S. Natural Gas Production, Consumption And Exports Hit Record In 2019
The United States produced, consumed, and exported record volumes of natural gas last year, following years of rising output due to fracking and horizontal drilling, the Energy Information Administration (EIA) Continue Reading