In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas spot prices will increase again this month and then remain high through the rest of 2022. Natural gas spot prices at […]
In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. refinery utilization will be relatively high this summer in response to strong wholesale prices for petroleum products, such as diesel and gasoline, which […]
Annual financial reports by 119 publicly traded exploration and production companies show aggregate proved reserves of crude oil and natural gas increased by 19.2 billion barrels of oil equivalent (BOE) in 2021. A number of […]
Brokerages forecast that EnLink Midstream, LLC (NYSE:ENLC – Get Rating) will post $1.71 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for EnLink Midstream’s earnings, with the highest sales estimate […]
Adani New Industries will invest $50 billion in green hydrogen New Delhi:Adani Groupand France’s energy majorTotalEnergieson Tuesday said they have entered into a partnership to jointly create the world’s largestgreen hydrogenecosystem. In this, TotalEnergies will […]
National governments are grappling to understand how net zero can be achieved, and world events are making that task harder still. During a GGF webinar, experts discussed some of the options available to help governments […]
Crude oil prices remained steady overnight Monday and edged up slightly on Tuesday as the ongoing refined product supply squeeze keeps oil prices elevated, OANDA analyst Jeffrey Halley said in a Tuesday note. In addition, […]
European natural gas saw gains on worsening supply issues, including reduced flows from Norway and lower US liquefied natural gas volumes, Australia’s ANZ Bank said in a Tuesday note. These added to worries over the […]
The spot price of liquefied natural gas (LNG) in Asia has largely shrugged off an outage at a major U.S. export plant, amid signs that demand in the world’s top-importing region remains tepid. The explosion […]
Just as the world was getting serious about a green-energy future, its dependence on fossil fuels struck home with a force not seen since the 1970s. Russia’s invasion of Ukraine combined with pressures unleashed by […]
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