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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy / Natural Gas

U.S. Natural Gas Inventories Highest at Winter’s Start Since 2020

Dec 07, 2023 at 10:42 | Charles Kennedy

The United States is entering the winter heating season with the highest natural gas in storage since 2020, the U.S. Energy Information Administration (EIA) said on Thursday. The Lower…

Turkmenistan Pledges To Reduce Extreme Methane Emissions

Dec 05, 2023 at 13:44 | Eurasianet

Turkmenistan picked the lowest possible of hanging fruit at the ongoing COP-28 climate summit in Dubai by announcing it will sign up to the Global Methane Pledge, a voluntary agreement…

Surging LNG Exports Expose The U.S. To Natural Gas Price Swings 

Dec 01, 2023 at 11:55 | Tsvetana Paraskova

Soaring U.S. LNG exports have made natural gas a global commodity and the United States vulnerable to global price volatility. As American exports of liquefied natural gas are set to…

Panama Canal Restrictions Spillover Effect To Hit LNG Trade

Nov 30, 2023 at 16:03 | Charles Kennedy

The Panama Canal authorities recently imposed restrictions on vessel traffic due to a severe drought that reduced the level of water in the canal significantly. The restrictions mean that ships…

U.S. Gas Grid Needs Upgrade. It Might Never Get It.

Nov 28, 2023 at 10:54 | Irina Slav

A small California town in the San Francisco Bay Area is planning to unhook a whole block from the gas network. This is the town of Albany’s approach to…

Does the Natural Gas Industry Have a Future?

Nov 27, 2023 at 09:10 | Leonard Hyman & William Tilles

The natural gas industry’s domestic sales pattern over the past two decades makes one wonder whether the industry has much of a future. Okay, sales volume has gone…

EU Gas Markets Brace For Cold Winter Weather

Nov 23, 2023 at 09:12 | ChAI

As Europe braces for the cold of winter arriving in the coming days, the natural gas market is about to face its first major test of the season.…

Offshore Gas Field Could Help Gaza Recovery

Nov 23, 2023 at 08:39 | Charles Kennedy

A gas field offshore Gaza with more than a trillion cubic feet in reserves could become a future revenue stream for the Palestinian economy. There have been suggestions that this…

EU Gas Demand Remains Soft Amid Economic Slowdown

Nov 22, 2023 at 09:17 | Kirill Rodionov

EU countries continue to minimize the use of natural gas for electricity production. According to Ember, electricity generation from gas-fired power plants in the nine months of 2023 decreased by…

Russian And Chinese Focus Alights On Iraq’s Strategically Vital Akkas Project

Nov 21, 2023 at 16:29 | Simon Watkins

Any major project connected to Iraq’s oil and gas sector has an incalculably greater significance than just extracting oil or gas. Situated in the heart of the Middle…

War, Winter, and Supply Chain Challenges Threaten European Gas Price Stability

Nov 21, 2023 at 09:01 | Irina Slav

November in Europe is normally the start of heating season proper. Even with a prolonged summer and a soft start to the fall, by late November, winter temperatures drop, and…

Russia Will Fight to Protect Its Key Weapon in the Global Energy Race

Nov 20, 2023 at 09:32 | Simon Watkins

At the core of Russia’s hydrocarbon-centric geopolitical strategies for the future are its huge Arctic oil and gas reserves. And while global tensions stay high in the aftermath…

Chevron Doubles Down On East-Med Gas Assets

Nov 14, 2023 at 15:09 | Alex Kimani

Back in 2010, U.S. oil and gas giant Chevron Corp. (NYSE:CVX), alongside its partners NewMed Energy (OTCPK:DKDRF) and Ratio Oil Corp., discovered the Leviathan Gas Field, one of the world’s largest deep-water…

This Winter Could Usher In A Storm For LNG Markets

Nov 14, 2023 at 11:18 | Tsvetana Paraskova

The spot market for liquefied natural gas (LNG) is calmer than usual for this time of year as inventories in both Europe and Asia are high, and the weather is…

LNG Dispute Highlights Supply Vulnerability

Nov 13, 2023 at 13:18 | Irina Slav

Last year, when the European Union found itself in a position to urgently find a replacement for pipeline Russian gas, U.S. LNG producers were hailed as saviors. Dozens of tankers…

Gas Pipeline Shortage Threatens U.S. Economy

Nov 06, 2023 at 10:01 | Irina Slav

The United States became the largest natural gas producer in a matter of years, also turning into one of the top three LNG exporters. Gas production and demand are both…

LNG Trading Made The Difference For Oil Supermajors In Q3

Nov 06, 2023 at 09:44 | Tsvetana Paraskova

The European oil and gas majors, which are also the world’s top LNG traders, reported a mixed bag of third-quarter results, with some beating or meeting estimates and others missing…

Europe's Gas Storage Hits Record High But Winter Worries Persist

Nov 03, 2023 at 09:19 | Irina Slav

Earlier this week, reports emerged that Chevron was negotiating LNG deliveries for the European Union, looking at contract terms of 15 years. The news followed three other long-term deals that…

Israel-Hamas Conflict May Destabilize LNG Supply To Europe

Oct 30, 2023 at 09:54 | Cyril Widdershoven

Europe's energy security remains fragile, reliant on a complex web of international supply options. In recent years, the East Mediterranean region, particularly Egypt and Israel's offshore gas production, has emerged…

Europe's Appetite For Turkmen Gas Boosts Trans-Caspian Pipeline Plans

Oct 25, 2023 at 10:51 | Eurasianet

Turkmenistan’s president is scheduled to travel to Turkey this week for talks expected to focus on natural gas transportation. For decades,…

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