Natural Gas News – May 13, 2019 Con Edison strikes deal to add more natural gas capacity for New York City Daily Energy Insider reported: Con Edison has secured the right to use an existing natural gas pipeline to provide needed incremental natural gas capacity to the Bronx and parts of Manhattan and Queens. Natural […]
Natural Gas News – May 10, 2019 U.S. oil settles lower as hopes for a U.S.-China trade deal fade Market Watch reported: U.S. crude-oil prices declined Thursday, while global benchmark prices ended a few pennies higher, with escalation in the Sino- American trade spat raising the potential to dent energy demand. Those concerns have more […]
Natural Gas News – May 9, 2019 As Natural Gas Output Maxes, Bulls Bet Big On Summer and U.S. LNG Demand Investing reported: U.S. natural gas production is hitting record highs week after week. But bets for a spike in summer heating and LNG (liquified natural gas) demand is preventing prices of the fuel from […]
Natural Gas News – May 8, 2019 Saudi Arabia’s Grand Natural Gas And Electricity Strategy Forbes reported: When we think of Saudi Arabia, we automatically think of oil. As the linchpin of OPEC, a “cartel” that accounts for 40% of the world’s supply, Saudi Arabia continues to have far more influence on global petroleum prices […]
Natural Gas News – May 7, 2019 Israel Shut Down Its Only Natural Gas Field Amid Rocket Fire From Gaza Oil Price reported: Israel’s Energy Minister Yuval Steinitz ordered on Sunday that the country’s only operating natural gas field, the offshore Tamar field, be closed as a precaution after violence between militants in the Gaza […]
Natural Gas News – May 6, 2019 CHINA DATA: Q1 natural gas consumption rises 12% on year S&P Global reported: China consumed 77 Bcm of natural gas over January-March, up 11.6% year on year, data from the National Development and Reform Commission showed. The growth in consumption in Q1 was slower than that of 17.4% […]
Natural Gas News – May 3, 2019 NRG to Return Texas Natural Gas Plant to Service Compelo reported: The Gregory plant ceased operations in late 2016 when its cogeneration partner, Sherwin Alumina, filed for bankruptcy and discontinued operations. Following resolution of certain issues resulting from the Sherwin Alumina bankruptcy, the Gregory plant is expected to […]
Natural Gas News – May 2, 2019 US Natural Gas Exports to Europe Surge Nearly 300% Washington Examiner reported: The European Union announced Thursday that its imports of U.S. liquefied natural gas have climbed 272% since 2016, with the steepest increases occurring after President Trump met last July with European Commission President Jean-Claude Juncker to […]
Natural Gas News – May 1, 2019 Exxon, Chevron Leading The Permian Oil And Natural Gas Surge Forbes reported: The Permian shale play in West Texas continues to see growth in oil and gas production, surging past all pessimism and expectations. This month, the Permian will account for ~35% of U.S. crude production and ~17% […]
Natural Gas News – April 30, 2019 Chile Lifts Coal Imports, But Limited By Rising Natural Gas Supplies S&P Global reported: Chile’s coal imports jumped over 40% in February to over 1.3 million mt, a report from the National Energy Commission showed Monday. Chilean power generators have sharply increased imports of thermal coal to make […]
