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Natural Gas
Climate Crisis

NYC Natural Gas Soars to Highest Since 2003 Amid Bitter Cold – “Lighting the fire for the gas stove ban.”

February 5, 2023 Allen Santos

ENB Pub Note: This will only “lite the fire” for the gas stove ban.    Natural gas prices skyrocketed in New York and Boston as bitter cold descends, boosting demand for the furnace fuel. Next-day […]

EnergyNews

U.S. Natgas Drops 3% to 25-Month Low on Less cold Weather in February – What will prices do?

February 5, 2023 Allen Santos

That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]

LNG
EnergyNews

U.S. LNG exports fall 5% as shipments to Europe slip

February 2, 2023 Mariel Alumit

The pier at Dominion’s Cove Point liquefied natural gas (LNG) plant on Maryland’s Chesapeake Bay is seen in this picture taken February 5, 2014. REUTERS HOUSTON, Feb 1 (Reuters) – U.S. exports of liquefied natural […]

LNG
LNG

James Fisher takes delivery of 2nd LNG dual-fuel tanker

January 31, 2023 Mariel Alumit

Having aced its sea trials, Lady Maria Fisher, the second LNG dual-fuel tanker built for British marine engineering services provider James Fisher, has been delivered to its owner. The 6,000dwt LNG dual-fuel vessel was built by […]

ICE
Financial Markets

ICE to open London gas hub, creating route around EU price cap

January 31, 2023 Mariel Alumit

BRUSSELS, Jan 27 (Reuters) – The Intercontinental Exchange ICE.N plans to launch a “parallel market” in London for Title Transfer Facility gas trading next month, it said on Friday, providing a way for market participants to avoid the European […]

ICE
Financial Markets

ICE to open London gas hub, creating route around EU price cap

January 30, 2023 Mariel Alumit

BRUSSELS, Jan 27 (Reuters) – The Intercontinental Exchange ICE.N plans to launch a “parallel market” in London for Title Transfer Facility gas trading next month, it said on Friday, providing a way for market participants to avoid the European […]

Freeport
Exports

Freeport LNG Terminal Approved For Partial Restart

January 26, 2023 Mariel Alumit

US natural gas futures erased some losses but still hovered sub $3 per million British thermal units after federal regulators approved Freeport LNG’s request for a partial restart of operations at the liquefied natural gas […]

China
Exports

China tightens grip as dominant LNG buyer with long-term deals

January 24, 2023 Mariel Alumit

HOUSTON, U.S./BEIJING — China is quickly becoming the dominant force in liquefied natural gas, with Chinese buyers accounting for 40% of recent long-term LNG contracts among global players. Chinese energy major Sinopec Group reached a 27-year agreement […]

Germany
Geopolitical

Germany Still Years Away From Replacing Russian Gas Capacity

January 24, 2023 Mariel Alumit

(Bloomberg) — Germany is still years from substituting Russian pipeline gas imports with liquefied natural gas capacities, according to estimates by the country’s Economy Ministry. Chancellor Olaf Scholz told Bloomberg last week that the country […]

Euronav
Energy Tech

Euronav names LNG-ready, scrubber-fitted VLCC duo

January 20, 2023 Mariel Alumit

Belgium’s tanker shipping company Euronav has held a naming ceremony for two very large crude carriers (VLCCs) being built at South Korean shipyard Hyundai Samho Heavy Industries (HSHI). As informed, the vessels Cassius and Camus […]

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Vermont
Electrical Generation

Vermont gas utility sees geothermal as a part of its carbon-cutting portfolio

February 8, 2023

​Vermont’s only natural gas company is exploring possible sites for its first fossil-fuel-free, networked geothermal project, a heating and cooling technology that could be a natural fit for a company already skilled at designing and […]

Minnesota
Electrical Generation

Minnesota power co-op wants to invest in flexibility for fossil fuel peaker plant

February 8, 2023

​Minnesota’s largest electricity cooperative wants the option to burn diesel fuel oil at a central Minnesota peaker plant as a hedge against volatile natural gas prices. Great River Energy is seeking approval from Minnesota regulators […]

New England
EIA News

New England’s power grid weathers last weekend’s record-breaking cold and wind

February 8, 2023

February 8, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor From February 3 to February 5, record-breaking cold temperatures and extreme wind chill in New England created strong electricity demand as homes […]

U.S
EnergyNews

U.S. natgas output to hit record high in 2023, demand to fall

February 7, 2023

U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry […]

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