Nat Gas News Natural Gas Drillers Face Price Meltdown As Storage Fills Fast Natural gas, the poster child of the fossil fuel industry and the bridge fuel to a renewable future, has suffered its fair share of problems amid the coronavirus pandemic. And it may suffer the same fate as oil, at least when it […]
Nat Gas News Why U.S. Oil And Natural Gas Demand Will Rebound From Coronavirus Amid COVID-19 and an oil price war, recent months have marked perhaps the roughest stretch ever for the U.S. oil and natural gas industry. For oil, sinking demand with global overproduction plunged prices and rattled balance sheets. In fact, oil prices […]
Nat Gas News Federal And Provincial Government Assistance For Canada’s Oil And Natural Gas Industry On April 17, 2020, the federal government announced financial relief measures for Canada’s oil and natural gas industry, which has been suffering due to reduced demand brought about by the COVID-19 pandemic and the associated drop in oil prices. The […]
Nat Gas News Spain’s Naturgy seeks to renegotiate gas contracts as earnings drop Reuters reports: Spanish utility Naturgy (NTGY.MC) is taking advantage of slumping gas prices to renegotiate supply contracts, it said on Wednesday, after the crippling effect of the coronavirus crisis on demand sent its first-quarter net profit plunging 42%. A global glut of […]
Russia Races To Squeeze The U.S. Out Of Asian Natural Gas Markets Oil Price reports: The increasingly close relationship on multiple levels between Russia and China became obvious to anyone with an interest in such matters last July when the two countries staged their first joint air patrol in the Asia-Pacific region, sending the air […]
Nat Gas News U.S. natural gas slips as exports decline, coronavirus demand destruction worries Reuters: U.S. natural gas futures slipped for a fifth day in a row on Wednesday as pipeline and liquefied natural gas (LNG) exports declined and on long-term forecasts government steps to slow the spread of coronavirus will cut demand in coming […]
NGN April 9, 2020 Higher Natural Gas Prices Could Lead Recovery Of U.S. Energy Industry Forbes: It’s hard to find bright spots amid the doom and gloom in today’s oil markets. No matter what happens at the OPEC and G20 meetings later this week in terms of supply management, the oil market faces a long […]
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 […]
