California, a state that has been aggressively weaning its power grid off of fossil fuels, is now working on adding several natural gas-fired plants in an effort to keep the lights on this summer. The California […]
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch. LNG supplies entering European grids in July fell to the lowest for that month in three years and the […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our August 2021 Short-Term Energy Outlook (STEO), we forecast that U.S. natural gas exports will exceed natural gas imports by an average of 11.0 billion cubic feet per day (Bcf/d) […]
According to 2018 data from the U.S. Energy Information Administration (EIA) for newly constructed utility-scale electric generators in the United States, annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines have continued […]
German emissions from electricity generation increased in the first half of 2021 by one-quarter, or 21 million tons, according to German think tank Agora Energiewende. Gas-fired power plants increased 15%, coal power plants by 36%, and hard […]
EIA expects U.S. natural gas inventories to enter winter heating season below average Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our August 2021 Short-Term Energy Outlook (STEO), we forecast U.S. inventories of natural gas will reach 3,592 […]
The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to generate electricity and heat […]
HighlightsPermian rigs climb five to 258 Operators eye growth in basin Gas rigs just 5% below pre-pandemic levels The US oil and gas rig count climbed four to 603 in the week ended Aug. 4 […]
Rising political tension is creating concern for the China-Australia liquefied natural gas (LNG) trade, with other global LNG suppliers the potential beneficiaries of this tension. LNG is a vital resource supporting China’s push towards a […]
Cabot Oil & Gas Corp. and Southwestern Energy Co. were the latest Appalachian operators to report weak price realizations in the second quarter when pipeline constraints widened basis differentials in the Northeast. U.S. benchmark prices climbed during […]
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