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HomeNatural Gas

Natural Gas

Freeport LNG
LNG

Freeport LNG partial restart delayed to November from previous October target

August 24, 2022 Mariel Alumit

Freeport LNG has delayed its target for partial restart by about a month as it works to complete repairs following a June explosion and fire that shut down the Texas liquefaction facility, the company said […]

Gazprom’s
Geopolitical

EU Supply Jitters Return on New Nord Stream Shutdown

August 24, 2022 Mariel Alumit

Gazprom’s recently announced unplanned three-day shutdown of the Nord Stream gas pipeline next week sent European natural gas prices to new highs as supply concerns returned in full. The new Russian gas curtailment to Germany […]

US LNG
International News

QatarEnergy picks Samsung C&T to build solar plants to power its LNG expansion

August 23, 2022 Mariel Alumit

QatarEnergy said its newly formed QatarEnergy Renewable Solutions awarded an engineering, procurement and construction contract to Samsung C&T to build two solar PV plants with capacity to generate 875 MW of electricity, which will be […]

barrel
International News

now it is as if oil cost $ 410 a barrel

August 23, 2022 Mariel Alumit

Natural gas prices around the world are skyrocketing, but prices in Europe make up the lion’s share. These currently match those of oil if it were sold for $ 410 a barrel. Four times the […]

Rhine
Crude Oil News

Rhine Seen Surging to More Navigable Level

August 22, 2022 Mariel Alumit

The water level at a key German chokepoint on the Rhine River is forecast to surge early next week, making it significantly easier for barges carrying vital cargoes to traverse the waterway. The marker at […]

US gas
EIA News

US gas storage levels increase by lower-than-expected 18 Bcf on week: EIA

August 18, 2022 Mariel Alumit

US natural gas working stocks rose by just 18 Bcf during the week ended Aug. 12, well below market expectations, but the build was insufficient to keep the momentum going for US gas futures. Storage […]

Liberty Energy
Natural Gas

Liberty Energy’s Wright Sees Long Oil, Natural Gas Future as ‘Energy Transition Is Not Happening’

August 17, 2022 Mariel Alumit

“The energy transition is not happening,” he said in Denver. “This drumbeat is crazy.” Wright, speaking at the LDC Gas Forum Rockies & West, said demand for fossil fuels is robust and poised to remain elevated for […]

Germany's gas
International News

German gas consumption down 15% in H1, says power industry body

August 16, 2022 Mariel Alumit

BERLIN, Aug 16 – Germany’s gas consumption fell significantly in the first half of 2022, even when differences in weather were taken into consideration, said power industry association BDEW on Tuesday. Germans consumed nearly 15% […]

Europe
Crude Oil News

Oil demand will get a bigger boost this year as Europe scrambles to burn crude to generate power instead of sky-high natural gas

August 15, 2022 Mariel Alumit

Rocketing prices for natural gas in Europe are prompting companies to switch from gas to oil for power generation, spurring demand for crude this year and into the next, the International Energy Agency said. In […]

Manufactures Brace for Nord Stream Repairs - Fearing Pipeline Wont Reopen -Landfall Port
Geopolitical

Germany Reaches Gas Storage Milestone Two Weeks Ahead of Plan

August 14, 2022 Stu Turley

Germany’s gas storage facilities have reached a fill level of 75%, two weeks ahead of schedule, the country’s top regulator said, as Europe’s biggest economy tries to shore up supplies cut by Russia. “The first […]

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