Shell Sees LNG Market Returning To Balance By 2021
The supply growth of liquefied natural gas (LNG) on the global market is set to slow down later this year and in 2021 when the last of the new projects Continue Reading
Shell sees continued lower Chinese LNG demand into March on coronavirus
Shell expects Chinese LNG demand to remain lower than expected into March due to the ongoing coronavirus outbreak in the country, senior company officials said Thursday. Receive daily email alerts, Continue Reading
Humanity’s Methane Problem Could Be Way Bigger Than Scientists Thought
Fossil-fuel production may be responsible for much more atmospheric methane than scientists previously thought, according to new research published today in the journal Nature. The results, if they hold, suggest Continue Reading
The future of European gas after Groningen
Gas production at Groningen, Europe’s largest gas field, will end in 2022, eight years earlier than planned due to the risk of earthquakes. The move will leave the continent’s gas Continue Reading
European Gas Prices Set To Slump
Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is Continue Reading
The World’s Top LNG Producer Is In Trouble
Global LNG markets are struggling with a glut of unprecedented levels. International expansion in Australia, Qatar, Mozambique and Egypt, combined with a continuously strong US shale gas export drive, is Continue Reading
Sparking the transition: finding a home for new gas supply to 2025
With natural gas prices bumping down to record lows and supplies set to increase in the coming years, sellers of gas into Europe are keeping everything crossed that coal and Continue Reading
Can LNG Kill Oil?
Natural gas–the bridge fuel to our renewable future–is cleaner and cheaper than oil. If it’s the clearly green fuel and already widely used to generate power, why isn’t the whole Continue Reading
Natural Gas Hits Lowest February Price In Two Decades
Warmer winter weather this year has reduced U.S. natural gas demand for heating, and as production growth continues to exceed demand growth, U.S. natural gas prices slumped this month to Continue Reading
$15B Texas LNG Project Wins DOE Authorization
NextDecade’s Rio Grande facility will be able to export LNG to FTA and non-FTA countries. The U.S. Department of Energy (DOE) has issued an order authorizing NextDecade Corp. to export Continue Reading