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Energy / Natural Gas

The Race To Complete The World’s Most Controversial Pipeline

Jul 14, 2020 at 14:38 | Viktor Katona

It all started when leading European politicians, towering amongst them the German chancellor Angela Merkel, openly criticized the extraterritorial nature of U.S. sanctions against Nord Stream 2, stating that the…

Is This The End Of The American Pipeline Boom?

Jul 13, 2020 at 15:23 | David Messler

The Dakota Access Pipeline, (DAPL) was built to transport Bakken crude oil from its point of origin in far North Dakota to a terminus in Patoka, Illinois. Patoka…

U.S. Natural Gas Production, Consumption And Exports Hit Record In 2019

Jul 10, 2020 at 11:02 | Tsvetana Paraskova

The United States produced, consumed, and exported record volumes of natural gas last year, following years of rising output due to fracking and horizontal drilling, the Energy Information Administration (EIA) 

Russia Eyes Another Massive Gas Pipeline To China

Jul 08, 2020 at 11:51 | Vanand Meliksetian

The Chinese and Russian leadership have over the years intensified political and economic collaboration. Troubling relations with the West in general and the U.S. in particular are increasingly driving Beijing…

Abu Dhabi Raises Much-Needed Cash In Landmark Gas Deal

Jul 07, 2020 at 15:42 | Simon Watkins

With a projected budget breakeven oil price of US$69.1 per barrel of Brent this year, according to IMF figures, but accounting for around 96.8 per cent of the UAE’s 98…

Moscow Backs Russia's Fastest Moving Energy Company

Jul 03, 2020 at 16:37 | Viktor Katona

The COVID-induced recession that has brought oil and gas prices down to levels that are painful enough for most if not all major producers. In Russia the crisis…

Suppliers Fight For Dominance In This Crucial Gas Market

Jun 29, 2020 at 11:06 | Viktor Katona

Europe’s Mediterranean region is emerging as Europe’s main front of commercial rivalry – natural gas producers that rely on pipeline supplies and utilize primarily oil-indexed or hybrid-pricing terms are taking…

Natural Gas Price Plunge Could Soon Lead To Shut-Ins

Jun 26, 2020 at 17:39 | Nick Cunningham

Natural gas prices plunged to new lows this week, falling below $1.50/MMBtu, a catastrophically low price for U.S. gas drillers.  The factors afflicting the gas market…

U.S. LNG Industry Needs Prices To Double

Jun 26, 2020 at 17:34 | Irina Slav

Last week, Tellurian said it would make the final investment decision on the Driftwood LNG project next year. On the one hand, the…

The Newest Battlefield In The European Gas War

Jun 19, 2020 at 17:14 | Viktor Katona

Across the planet LNG prices in May-June 2020 have dropped to unprecedentedly low levels – landed seaborne prices still remain below $2 per MMBtu, compelling rivals of LNG…

U.S. Is The Surprising Winner In China’s LNG Market

Jun 17, 2020 at 13:42 | Alex Kimani

The natural gas market is reeling from the triple whammy of a stubborn supply overhang, particularly in the Asia-Pacific region--which accounts for nearly two-thirds of global demand--a mild winter, and…

Iran Sets Its Sights On LNG Superpower Status

Jun 16, 2020 at 12:00 | Simon Watkins

Qatar’s recent decision to go ahead with bold plans for the North Dome, its supergiant non-associated gas reservoir, together with corollary deals to secure massive new liquefied natural gas…

U.S. Gas Drillers Face A Major Problem

Jun 09, 2020 at 14:01 | Nick Cunningham

The natural gas industry is rapidly losing ground in the U.S. Northeast, beaten back by renewable energy, environmentalists, and stricter climate policy.  Massachusetts Governor Charlie Baker,…

Global LNG Markets Crushed By Global Pandemic

Jun 08, 2020 at 14:14 | Irina Slav

It may come as a shock to some, but crude oil wasn’t the worst-performing energy commodity in May. Judging by the headline space devoted to it, one would naturally assume…

China Set To Ramp Up Natural Gas Imports This Decade

Jun 08, 2020 at 12:07 | Vanand Meliksetian

The Coronavirus pandemic is devastating global demand for commodities such as oil and gas. China’s GDP fell by 6.8 percent during the first quarter, which is the first contraction since…

Iran To Reach Production Target At World’s Largest Gas Field This Year

Jun 04, 2020 at 15:53 | Simon Watkins

The South Pars non-associated natural gas field is at the core of Iran’s strategy to produce at least one billion cubic metres per day (bcm/d) of natural gas as soon…

Is This The Next Major Market For U.S. LNG?

Jun 02, 2020 at 16:08 | Alex Kimani

Natural gas producers have had little to cheer about over the past few months after prices sunk to multi-year lows amid a huge oversupply and warm…

Is Lebanon’s Natural Gas Boom Dead In The Water?

May 29, 2020 at 17:15 | Viktor Katona

Is Lebanon’s Natural Gas Boom Dead In The Water?   Description: Absent any discovery thus far, there has been little talk as to what to do with Lebanon’s…

Europe’s Gas Glut Could Hit Global LNG Market Hard

May 27, 2020 at 14:48 | Vanand Meliksetian

Unquestionably the current global health situation is going to cause a severe economic crisis not seen since the Great Depression. This is already apparent in the dramatic decrease in demand…

The U.S. Becomes The World’s Swing LNG Producer

May 25, 2020 at 12:53 | Tsvetana Paraskova

The United States has turned into the world’s swing producer of liquefied natural gas (LNG) as liquefaction capacity has tumbled in recent months amid an LNG glut, low prices, and…

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