While U.S. natural gas futures gained more than 4% on Monday, natural gas in the Waha part of the Permian Basin was falling and trading close to zero, traders told Bloomberg on Monday. Flourishing natural […]
The Dutch government wants to close the strategically important Groningen gas field by 2024. An increasing number of earthquakes and damage to some 27000 buildings to the point that they are uninhabitable have forced the Dutch […]
With the US becoming increasingly integrated into global gas markets as one of the world’s largest exporters, it is setting its sights on customers in the fluctuant European market. Currently, US LNG exports are running at […]
Data source: U.S. Energy Information Administration, Natural Gas Annual Note: Full U.S. natural gas flow diagram In 2021, both U.S. natural gas marketed production and natural gas exports established new records. Marketed, or wet, natural […]
US natural gas futures dropped for the fifth straight session to $5.3/MMBtu, the lowest in seven months, after the latest EIA report showed another larger-than-usual storage build. US utilities added a more than expected 111 […]
BERLIN, Oct 20 (Reuters) – Russian President Vladimir Putin is using energy and hunger as weapons but has failed to break the West’s unity and will not achieve his war aims through scorched earth tactics, […]
Houston-based Baker Hughes Co. kicked off third quarter earnings season for the oil and natural gas sector on Wednesday, acknowledging challenges but optimistic about the emerging upcycle, with a continuing bullish view for LNG. The […]
Europe’s gas prices fell at the start of this week to the lowest level in three months as storage is fuller than initially expected, LNG cargoes are coming in, and the weather is mild. But European […]
The EU is considering a price cap on Russia’s natural gas exports in order to reduce both its energy bill and Russia’s ability to wage war on Ukraine, The CEO of Gazprom has said that […]
The European Union’s executive arm plans to propose a mechanism to curb price volatility on the bloc’s biggest gas marketplace and prevent extreme price spikes in derivatives trading to rein in the region’s energy crisis. […]
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