LONDON: Energean announced on Thursday it will develop a new natural gas field off the coast of Israel at an initial cost of $150 million. Energean also said it had signed an 18-month, $700 million loan facility with J.P. […]
Summary Working gas in storage was 3,196 Bcf as of Friday, January 8, 2021, according to EIA estimates. This represents a net decrease of 134 Bcf from the previous week. Stocks were 126 Bcf higher […]
Goldman Sachs has flipped on their bearish natural gas stance to a bullish one. Goldman’s Samantha Dart’s reasoning behind the view shift is due to a combination of factors including “supply disruptions, shipping delays, and […]
The EIA released it’s natural gas storage report, and is available for download. EIA expects that U.S. natural gas consumption will decline by 2.3 Bcf/d to 80.8 Bcf/d in 2021. The decline is primarily […]
Sources privy to the development said a conductive global energy market where oil and gas prices are stable had given fresh push for building strategic gas reserves in the country. An announcement in this regard […]
ENB Publishers Note: Originally published on Dec 17th, Oaktree yesterday funded another $600 mm to fund natural gas plays in North Texas – sources ______ LA Business Journal: Oaktree Capital Management, the downtown-based asset management […]
In 2020, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $2.05 per million British thermal units (MMBtu), the lowest annual average price in decades. Prices started the year relatively low because […]
ESG investing gained huge momentum in 2020 and appears poised to continue growing in 2021. In the latest episode of the ESG Insider podcast, we talk to experts from State Street Global Advisors Inc., standard-setting […]
Denver, S/P Platts — Appalachia’s largest gas producer EQT is wading cautiously into the 2021 gas market, saying recently that it has already hedged approximately 80% of its annual production in a strategy to protect […]
In California wholesale electricity markets, natural gas-fired electricity generation helps to balance fluctuations in electricity demand with daily cycles in solar-powered electricity generation. Natural gas and solar are the two most prevalent sources of electricity […]
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