Summary Working gas in storage was 3,196 Bcf as of Friday, January 8, 2021, according to EIA estimates. This represents a net decrease of 134 Bcf from the previous week. Stocks were 126 Bcf higher […]
Goldman Sachs has flipped on their bearish natural gas stance to a bullish one. Goldman’s Samantha Dart’s reasoning behind the view shift is due to a combination of factors including “supply disruptions, shipping delays, and […]
New Fortress Energy Inc. (NFE) has announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd., a 50:50 joint venture between Golar LNG Limited and Stonepeak Infrastructure Fund II Cayman (G) […]
Chevron Chief Executive Mike Wirth is doubling down on oil. The boss of the $180 billion U.S. fossil fuel firm told Reuters on Tuesday that he was a fan of the 2015 Paris Agreement to […]
Qatargas Operating Company Limited (Qatargas) announced today the completion of the first-ever commercial ship-to-ship (STS) transfer of an LNG cargo involving a Q-Flex LNG vessel. The transfer took place at Subic Bay, Philippines. A full […]
After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are seizing on an unprecedented surge in the price of the fuel. The combination of a severe […]
Energy News Beat Publishers Note: The LNG shipping and exports for the United States are imperative long term place on the energy table. The cost of shipping liquefied natural gas from the U.S. to Asia hit […]
Britain has burned more coal in the last seven days than at any time in nearly a year, suggesting that progress towards one of the UK’s key climate goals is stalling and illustrating the need […]
According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, 9.1 gigawatts (GW) of electric generating capacity is scheduled to retire in 2021. Nuclear generating capacity will account for the largest share of […]
Sydney, 11 January (Argus) — Australia is on track to be more dependent on China for its exports, according to latest trade data, despite the trade tensions that emerged last year between the two countries. China was […]
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