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HomeNatural Gas

Natural Gas

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Commodities

EIA Natural Gas Report – Energy News Beat

January 14, 2021 Stu Turley

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 Warns Of Bullish Perfect Storm For Natural Gas - Energy News Beat
Commodities

Goldman Sachs Warns Of Bullish Perfect Storm For Natural Gas

January 14, 2021 Stu Turley

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 […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

EIA Crude Inventories 1/13/2021

January 13, 2021 Stu Turley

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 […]

Nat Gas Storage - Energy News Beat
International News

India now looks to build strategic gas reserve

January 11, 2021 Stu Turley

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 […]

FERC
Finance

Denver-based natural gas operator receives another $600 mm from Oaktree

January 8, 2021 Mariel Alumit

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 […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

In 2020, U.S. natural gas prices were the lowest in decades

January 7, 2021 Stu Turley

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

Exxon’s brand-new emissions disclosures; 4 ESG trends to watch in 2021

January 6, 2021 Stu Turley

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 […]

Exploration and Production

EQT expands 2021 hedging program, bracing for NG downside

January 6, 2021 Mariel Alumit

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 […]

FERC
EIA News

In California, natural gas helps balance changes in electricity demand and solar output

December 20, 2020 Stu Turley

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 […]

Commodities

Another Week, Another Leg Lower for Natural Gas Forwards as Warmth Rules Forecasts -NGI

December 11, 2020 Stu Turley

Weather dominated natural gas forward price action for a third consecutive week, sending prices through the winter lower despite record export demand and cuts to production, according to NGI’s Forward Look. However, losses were less severe […]

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