By Tsvetana Paraskova of OilPrice.com Europe’s natural gas futures point to structurally higher prices for the rest of the year, as Europe will soon have to start filling inventories for the 2023/2024 winter. The TTF […]
Home Fossil Energy Equinor’s 20-year-old Norwegian Sea field gets lifetime extension The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for the extended use of the subsea facility on the Mikkel field in the Norwegian Sea for another […]
Home Clean fuel Shell: Europe’s LNG demand to intensify competition and dominate trade in the long term Europes’s increased need for liquefied natural gas (LNG) will likely intensify competition with Asia for limited new supply […]
A key pipeline supplying natural gas to California is returning to service, signaling some price relief after an 18-month interruption that helped propel a surge in heating and power costs in the state.Kinder Morgan Inc.’s […]
February 15, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) The natural gas price at the U.S. benchmark Henry Hub declined by 41%, or $2.26 per million British thermal units (MMBtu), in […]
That price decline came even though liquefied natural gas (LNG) exports jumped to their highest since May 2022 after a vessel picked up a cargo from Freeport LNG’s long-idled export plant in Texas and […]
February 14, 2023 Data source: U.S. Energy Information Administration, State Energy Data System In 2021, expenditures by U.S. natural gas consumers totaled $192 billion, a 37% increase from 2020 after adjusting for inflation, according to […]
Gas prices have spiked in San Diego and across California. That may sound like old news after months of high prices at the pump, but this time another kind of gas is running up the […]
What’s Happening: Remember, not that long ago, when the Biden administration suddenly went to war with your gas stove? Joe’s energy secretary, Jennifer Granholm, lead the idiotic charge. She even supported a study that claimed […]
Nigeria, like many African countries, is at a crossroads. Although endowed with immense natural resources, energy access, and security remain primary concerns even as the debate for energy transition creates more worries. With a debt […]
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