U.S. oil and gas producers Diamondback Energy (FANG.O) and ConocoPhillips (COP.N) said on Tuesday the top U.S. shale field will face natural gas pipeline constraints in coming years as production Continue Reading
U.S. natural gas futures were down for the fourth session on Thursday The massive reversal in U.S. weather forecasts has crushed some of the world’s largest commodity traders Traders who Continue Reading
Asia liquefied natural gas (LNG) prices fell this week as spot demand from China remained muted despite the start of winter and as natural gas supplies from Russia continued to Continue Reading
U.S. gas prices have retreated from their highest level in real terms for more than a decade as mild temperatures and fuel-switching to coal have reduced the chance stocks will Continue Reading
Russia has not materially increased natural gas supply via its pipelines to Europe, despite assurances from Russian President Vladimir Putin that Gazprom would start sending more gas after it completes Continue Reading
Asia’s LNG demand has been growing by a whopping 21 Mt this year Asia will need a lot of natural gas and LNG in the coming decades to reduce emissions Continue Reading
Highlights January 2022 forward basis at HSC, Katy down 50 cents Whistler adds to West, East Texas market connectivity Permian output nearing prior record high in December Winter forward basis Continue Reading
U.S. natural gas futures fell nearly 6% to a three-month low on Tuesday, as forecasts for a milder December dampened the demand outlook for the fuel used to heat homes Continue Reading
September 2021 In September 2021, dry natural gas production increased year over year for the month for the sixth consecutive month. The preliminary level for dry natural gas production in Continue Reading
The withdrawal from US natural gas inventories likely doubled the five-year average during the week of the Thanksgiving holiday as pulls were measured in all regions except the Pacific. Receive Continue Reading
Highlights Prices to ease from 2023, but remain elevated Germany swings to imports, Great Britain to exports Italy moves to top, Spain becomes discount market European power prices are forecast Continue Reading
The NYMEX Henry Hub prompt-month contract tumbled past a key technical support level in Nov. 30 trading, as rising production and a mild start to the heating season ease the Continue Reading
Talks on new gas transit deal with Ukraine depend on demand for the Russian gas in Europe and availability of buyers, Dmitry Peskov, Kremlin spokesman, told reporters on Tuesday. The Continue Reading
An apparent detente between the UAE and Turkey could be one of the most significant geopolitical developments in the region for decades If Mohammed bin Zayed can succeed in exploiting Continue Reading
Russia’s Gazprom (GAZP.MM) on Monday reported a record quarterly net profit of 581.8 billion roubles ($7.8 billion) for the third quarter reflecting high natural gas prices and said it expected Continue Reading
U.S. natural gas futures rose 2% to a one-week high on Wednesday on forecasts for slightly cooler weather and higher heating demand over the next two weeks than previously expected. Continue Reading
Cheniere Energy Partners produced the first LNG at the sixth liquefaction train at the Sabine Pass terminal in Cameron Parish, Louisiana, one year ahead of the train’s previous completion schedule, Continue Reading
Asia is stocking up on LNG inventory to avoid a repeat of last winter’s supply shortage. Surging demand for LNG and increased shipments of U.S. gas to Asia are sending Continue Reading
U.S. natural gas producers will face billions of dollars in hedging losses for 2022 as the global energy crunch boosts gas prices to multi-year highs, research by consultancy Rystad Energy Continue Reading
Europe is short of natural gas — dangerously short. A cold winter could mean a severe crunch, and utility bills are headed higher, burdening ordinary people and weighing on the Continue Reading
Concerns about rising home heating costs are clouding prospects for a proposed tax on methane leaks in the $2 trillion social and climate spending bill backed by President Biden and Continue Reading
Asia liquefied natural gas (LNG) prices rose this week following three weeks of decline as demand increased in China after a sharp drop in temperature, while market players eyed Russian Continue Reading
American utilities are facing the highest natural-gas prices in years as they build stockpiles for winter. The reason: Exporters are sending more gas than ever to countries starved for the fuel. Pipelines Continue Reading
Europe is experiencing the lowest level of gas in storage in a decade just ahead of the winter sent natural gas prices spiking to record highs last month The very Continue Reading
A gas flare burns at dusk in the Permian Basin in Texas, U.S. The Environmental Protection Agency, or EPA, took a long-awaited step toward cutting planet-warming emissions on Tuesday with Continue Reading
Louisiana has the highest LNG output of any state in the United States. Louisiana’s governor is struggling to find a balance between its economically-dependent LNG output and climate ambitions. Environmentalists Continue Reading
Europe has been struggling to fill gas storage sites to adequate levels in recent months as Asian buyers have been snapping up LNG cargoes. A colder winter could send Europe’s Continue Reading
August 2021 In August 2021, dry natural gas production increased year over year for the month, for the fifth consecutive month. The preliminary level for dry natural gas production in Continue Reading
US LNG feedgas demand hit the highest level in more than six months on Oct. 29 at 11.8 Bcf/d, translating to near 100% liquefaction terminal utilization amid commissioning of a Continue Reading
Fears that Europe could run low on natural gas this winter eased, sending fuel prices lower, after Russian President Vladimir Putin told Gazprom OGZPY -2.34% PJSC to ship more gas westward. European gas futures slid by almost 10% Thursday Continue Reading
The recent energy crunch in Europe and Asia has reemphasized the importance of natural gas and LNG LNG producers around the world are investing billions in increasing capacity follower the Continue Reading
U.S. natural gas futures were little changed on Tuesday after erasing earlier losses on midday forecasts calling for colder weather and higher heating demand over the next two weeks than Continue Reading
Russia’s Gazprom has emptied its gas storage facilities in western Europe to unusually low levels ahead of the winter, adding to fears that Moscow has exacerbated a shortage of supplies Continue Reading
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc (LNG.A) said on Monday that its marketing arm will sell LNG to a unit of Glencore PLC (GLEN.L) , moving Cheniere’s Continue Reading
Private equity firms are looking to sell companies and land they own in the second-largest U.S. natural gas producing formation, where values have surged along with gas prices worldwide and Continue Reading
U.S. gas prices recently climbed to their highest in real terms for more than a decade, as energy shortages and spiking prices in Europe and Asia work their way back Continue Reading
Energy security and emissions reduction targets, especially in China, are prompting more buyers to seek long-term contracts The sellers, for their part, now ask for higher prices in the discussions Continue Reading
Russian gas giant Gazprom (GAZP.MM) has booked about a third of offered additional gas transit capacity via the Yamal-Europe pipeline via Poland for November and has not booked any volumes Continue Reading
Russia’s Gazprom has damped hopes for additional gas exports to Europe next month as the continent struggles with record prices, despite recent hints from President Vladimir Putin that more could Continue Reading
Natural gas is a staple for many utilities worldwide Methane emissions in natural gas production are often going underreported Natural gas will be used for decades to come, but eventually Continue Reading
U.S. natural gas futures fell almost 5% on Friday, following a 9% drop in global gas prices, on forecasts the weather in the United States will remain mostly mild through Continue Reading
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the Continue Reading
Americans got a stark warning from the government this week: Expect higher heating bills this winter. According to the Energy Information Administration, nearly half of U.S. households that warm their Continue Reading
U.S. natural gas futures edged up on Wednesday with a decline in output over the past couple of days, forecasts for higher heating use during the next two weeks and Continue Reading
Most American gas has been going to Asia, where buyers have been more generous with prices. U.S. LNG has never been particularly competitive in most of Europe because of the Continue Reading
Shale oil and gas producer APA Corp (APA.O) on Monday said it has ended routine gas flaring at its U.S. onshore operations, delivering ahead of schedule on a pledge to Continue Reading
Asia’s spot LNG prices have exceeded a key psychological threshold. Rallying LNG prices have seen a massive 870% surge since their lowest levels this year. As tight markets push prices Continue Reading
European policymakers and some traders blame Russia for the low volume of gas stored across the region which has sent both gas and electricity prices surging to record highs. Russia’s Continue Reading
The main technological equipment of the Amur Gas Processing Plant remains safe and secure, a Gazprom representative told Rigzone, following several reports of a fire at the asset. The main Continue Reading
On the northern edge of a vast Chinese factory city, welding torches gleam as workers finish construction on a gas-fired power plant to replace one that burned coal and blanketed Continue Reading
