Natural Gas News – December 22, 2022 UPDATE 1-U.S. natgas holds near 8-week low U.S. natural gas futures held near a eight-week low on Wednesday as the market balanced extreme cold in the short term that has already cut output by freezing oil and gas wells and boosted heating demand against milder long-term forecasts that […]
Natural Gas News – December 20, 2022 U.S. Poised to Become Net Exporter of Crude Oil in 2023 The United States has become a global crude oil exporting power over the last few years, but exports have not exceeded its imports since World War II. That could change next year. Sales of U.S. crude […]
Natural Gas News – December 15, 2022 Germany Eyes Arrival of First LNG Vessel to Ease Gas Crunch Germany’s first liquefied natural gas terminal is about to arrive on the country’s north coast, the first of several specialist tankers Berlin is counting on to ease its energy crisis. The Hoegh Esperanza, a floating storage and […]
Natural Gas News – December 13, 2022 UPDATE 1-U.S. NatGas Rallies As Cold Weather Seen Boosting Demand U.S. natural gas futures jumped more than 10% to their highest in over a week on Monday, driven by forecasts for colder than normal weather and higher heating demand over the next two weeks. Front-month gas futures for […]
Natural Gas News – December 8, 2022 Record-High LNG Imports In Europe Europe imports record high levels of LNG just in time for winter demand surge. European temperatures have continued to decline in the first week of December, pushing weekly average storage withdrawals to some 470 million cubic meters per day (MMcmd) and LNG imports […]
Natural Gas News – December 6, 2022 How Europe’s energy crisis changes the LNG market Massive supply disruption in Europe and soaring global prices. No other commodity has faced the extreme challenges of global gas since Russia’s invasion of Ukraine. I caught up with Kateryna Filippenko, Director, Global Gas Research, to find out her team’s […]
Natural Gas News – December 2, 2022 U.S. NatGas Futures Rise On Forecasts For Cooler December Weather U.S. natural gas futures edged up about 1% to near a one-week high on Tuesday on forecasts for cooler weather through mid-December than previously expected. That price increase, however, was limited by forecasts for less gas demand over […]
Natural Gas News – November 29, 2022 Why Americans Will Pay Higher Natural Gas Prices This Winter American households that run on natural gas can expect high bills this winter. How high prices go depends on a lot of factors, including whether the war in Ukraine takes a new turn and if the winter is […]
Natural Gas News – November 22, 2022 Global Long-Term LNG Contracts Are Sold Out Until 2026 The global long-term LNG contracts before 2026 are sold out, top importer Japan says, amid heated competition for the fuel as Europe seeks to replace Russian pipeline gas supply. The estimate of sold-out LNG deals emerged from a survey […]
Natural Gas News – November 17, 2022 Eight Years of Oil and Gas Supply Within Touching Distance of North Sea Britain’s North Sea has over eight billion barrels worth of untapped oil and gas reserves within 45km of existing North Sea infrastructure, a new report from the offshore energy trade body has estimated. Timed just […]
