Nat Gas News 9-17-20 The Latest Threat For China’s Natural Gas Demand A drive to cut electricity prices for end-users has prompted Beijing to reduce gasfired power plant tariffs, which has threatened the survival of many of them, Wood Mackenzie reports, adding to already substantial pressure on the industry from the ongoing trade war with […]
Nat Gas News – 9- 14- 20 U.S. LNG exports rise from coronavirus lows as global gas prices soar U.S. liquefied natural gas exports were on track to increase for a second month in a row in September for the first time since hitting a record high in January as rising global gas prices prompted […]
Nat Gas News N.J.’s first natural gas terminal for tanker ships may get final vote Plans to build New Jersey’s first liquefied natural gas export terminal may get a final vote from the Delaware River Basin Commission this week, prompting a flurry of last-minute protests by opponents including environmentalists and public-health advocates. The interstate water […]
Nat Gas News U.S. energy exports severely disrupted by Hurricane Laura Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. Gulf Coast terminals and disruptions at ports. The hurricane also […]
Nat Gas News Houston Ship Channel spot gas rebounds as Hurricane Laura leaves Houston unscathed Spot natural gas prices in the Houston metropolitan area saw a double-digit rebound the morning of Aug. 27, as Hurricane Laura bypassed the area without leaving major power outages or infrastructure damage. Houston Ship Channel gained 17.50 cents to settle […]
Nat Gas News California Blackouts Show Natural Gas Is Needed For A Stable Grid (For Now) The California Independent System Operator (CalISO), the entity tasked with managing roughly 80% of the California electricity Turkey Calls Natural Gas Discovery ‘Historic Day’ for Energy-Dependent Country grid, ordered rolling blackouts last Friday for the first time in 19 years. […]
Nat Gas News Analysis: Cooling demand surges across California, prompts unseasonal gas storage draw As a historic heatwave scorches stretches of California, the Aliso Canyon natural gas storage field continues to report daily net withdrawals in order to meet cooling demand, catapulting regional prices. Southern California Gas Company has withdrawn from Aliso Canyon inventories for […]
Nat Gas News Natural Gas Prices Soar As Heat Wave Hits Large Parts Of U.S. Natural gas prices spiked on Friday by nearly 9%, even as the weekly storage report showed little movement. Natural gas prices hit $2.367 by 2:26 pm EDT, an increase of 8.48% or $0.185, even as the EIA’s weekly storage report […]
Nat Gas News Sempra completes first phase of Cameron LNG in US with commercial startup for Train 3 Some 15 months after production began at Sempra Energy’s Cameron LNG, the Louisiana export terminal has achieved full commercial operations for the three trains that constitute the first phase of the project, the operator said Aug. 10. […]
NGN News 8-10-2020 U.S. rapidly shutting coal in favor of natural gas Since 2010, utilities have retired or announced the closure of more than 500 coal fired power plants in the U.S. This has taken more than 100GW of coal-fired generating capacity out of the American electricity mix. About one-fifth of those closures were facilities either […]
