U.S. natural gas futures slid about 2% to a fresh 25-month low on Friday on forecasts for less cold weather and lower heating demand next week than previously expected. That mild weather should allow utilities […]
NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]
U.S. natural gas futures rose about 3% on Thursday as the amount of gas flowing to liquefied natural gas (LNG) export plants rose to a fresh eight-month high, with Freeport LNG’s plant in Texas receiving […]
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 […]
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