Nat Gas News Natural Gas Markets Beyond COVID-19 Forbes: In a less spectacular fashion than oil, international natural gas prices have fallen. The explanation goes far beyond low demand related to the COVID-19 pandemic or demand in general. It relies on a much larger and more complicated array of factors that include supply and demand […]
Nat Gas News US natural gas in storage enters its final week of withdrawal season as demand wanes S&P Global: A survey of analysts expect a weaker-than-normal draw from working gas in storage last week, as only one more net pull likely remains before the switch to injections, with demand muted more than usual during […]
Nat Gas News Premium of U.S. oil over natural gas falls to lowest in over a year Oil and Gas 360: The collapse of U.S. oil prices earlier this week and a rise in natural gas futures cut the oil-to-gas ratio to its lowest since January 2019, as some analysts saw a silver lining in […]
Natural Gas News – February 26, 2020 Japan Will Remain A Key Market For U.S. Liquefied Natural Gas Forbes: Japan has been the world’s largest liquefied natural gas (LNG) importer for a very long time. Since U.S. LNG exports from shale started in February 2016, Japan has been its third largest importer, after South Korea […]
Nat Gas News US natural gas operator shuts down for 2 days after being infected by ransomware Ars Technica: A US-based natural gas facility shut down operations for two days after sustaining a ransomware infection that prevented personnel from receiving crucial realtime operational data from control and communication equipment, the Department of Homeland Security said […]
Nat Gas News – February 12, 2020 BP sets deeper 2050 carbon target in CEO reinvention Reuters: BP pledged to sharply reduce its carbon emissions by 2050 as part of a reinvention of the 111-year old company by newly appointed chief executive Bernard Looney. BP on Wednesday set more ambitious targets than rivals such as […]
Natural Gas News – February 6, 2020 China’s Top LNG Buyer Refuses Cargoes Amid Virus Outbreak Oil Price: China National Offshore Oil Corporation (CNOOC), the country’s largest importer of liquefied natural gas (LNG), has declared force majeure on deliveries of LNG cargoes and will not be honoring some of the deliveries because of the deadly […]
Nat Gas News U.S. oil fields flared and vented more natural gas again in 2019: data Reuters reports: The U.S. drilling industry flared or vented more natural gas in 2019 for the third year in a row, as soaring production in Texas, New Mexico, and North Dakota overwhelmed regulatory efforts to curb the practice, according […]
Nat Gas News A Way to Halt Natural Gas Flaring Arrives on the Back of a Truck Perched on the back of a semi-trailer is the latest weapon in tackling the problem of wasted natural gas that oil producers often vent into the air or even burn off at the wellhead. Cryobox takes fuel directly […]
Nat Gas News U.S. LNG Booms As Natural Gas Prices Crash Natural Gas Intel reported: Despite the current oversupply and depressed natural gas prices all over the world, the global liquefied natural gas (LNG) market is set for further growth, at least into the middle of this decade, as suppliers sanction new projects and major […]
