Cheniere Energy reported a higher first-quarter 2020 profit Thursday than in the year-ago period and said its full-year earnings were on track to come in at the lower end of Continue Reading
US natural gas in storage rose by less than the five-year average for the second week in a row, as the Henry Hub summer strip surged following the release, despite Continue Reading
The NYMEX Henry Hub prompt-month settled up 7 cents Wednesday to $1.87/MMBtu; the contract remained below a nine-week high at $1.94/MMBtu last week. Europe’s benchmark month-ahead gas price, the Dutch Continue Reading
Chesapeake Energy Corp ( CHK.N ), the oil and gas exploration and production company that was at the forefront of the past decade’s U.S. shale boom, is preparing a potential Continue Reading
While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering. At least 20 cargoes of U.S. liquefied natural gas Continue Reading
US natural gas stocks increased by less than the five-year average last week as below-normal temperatures boosted demand despite widespread stay-at-home measures. Receive daily email alerts, subscriber notes & personalize Continue Reading
Natural gas in East Asia costs about the same as coal for the first time, a milestone that is likely to accelerate the region’s U.S.-style energy transformation. Even before the Continue Reading
Despite capacity curtailments this summer leading to Southern California Gas Company’s storage system, its fields could hit maximum capacity as early as August, especially considering extended demand loss due to Continue Reading
High volumes of US gas in storage combined with weakening demand due to preventative coronavirus measures look to test the limits of injection capacity this summer. Receive daily email alerts, Continue Reading
Analysts expect a US natural gas storage injection nearly three times larger than the five-year average as warmer temperatures combine with demand destruction due to the ongoing coronavirus epidemic. Receive Continue Reading
