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Energy / Natural Gas

China Secures Key Strategic Iraqi Gas Field

Jun 03, 2024 at 07:42 | Simon Watkins

The awarding last week of the exploration and production (E&P) contract for Iraq’s second biggest gas field to a Chinese consortium comprising two of its relatively unknown firms rounds off…

LNG Market Faces Disruption as Red Sea Closure Forces Risky Detours

May 17, 2024 at 11:03 | Irina Slav

The last LNG carrier that passed the Bab el Mandeb strait off the Yemeni coast did so in February. Since that month, there has been no LNG traffic via the…

Heatwaves Push Asia’s Spot LNG Prices To Highest Since January

May 17, 2024 at 10:28 | Charles Kennedy

Heat waves in some parts of Asia and forecasts of above-average temperatures in southeast Asia and China in the coming weeks have prompted more spot LNG buying, which has raised…

The Panama Canal is Key to American LNG

May 10, 2024 at 17:16 | Alex Kimani

Back in March, S&P Global reported that a record 24 cargoes carrying nearly 1.6 million metric tons of U.S. LNG had reached Asia via the Cape of Good Hope…

EU Proposes First Batch Of Sanctions On Russian LNG

May 07, 2024 at 15:23 | Alex Kimani

Over the past two years, the U.S. and its Western allies have imposed a raft of sanctions on Russian energy commodities, including a $60-a-barrel cap on Russia's seaborne exports of…

Why Iraq Just Awarded A Strategically Vital Gas Field To A Ukrainian Firm

May 06, 2024 at 09:25 | Simon Watkins

So strategically vital to Russia, Iran, and China is the Akkas gas field in Iraq that enormous pressure was brought to bear on politicians in Baghdad to ensure that all…

The Eagle Ford Is Turning Into A Natural Gas Haven

May 03, 2024 at 13:41 | Alex Kimani

Natural gas markets have recorded a sharp spike in the current week with Henry Hub prices jumping 24% to $2.06/MMBtu as Europe mulls cutting off more Russian gas. Last…

Turkmenistan Tops Russia in Gas Export Earnings to China

May 02, 2024 at 08:47 | Eurasianet

  Russia’s energy behemoth Gazprom announced with great fanfare in early 2024 that it had overtaken Turkmenistan as China’s largest supplier of natural gas in terms of volume.…

Global Upstream M&A Market Poised for $150 Billion Injection in 2024

Apr 30, 2024 at 09:59 | Rystad Energy

After the biggest first quarter for global upstream dealmaking in five years, the industry could see another $150 billion of merger and acquisition (M&A) deals in the remainder…

U.S. Sees New Egyptian Gas Fields As Key To Its New Middle Eastern Strategy

Apr 30, 2024 at 09:23 | Simon Watkins

Arguably the two greatest military errors of the 100 years have been Japan’s attack on the U.S. naval base of Pearl Harbour on 7 December 1941 and Russia’s invasion of…

Lower Natural Gas Prices Squeeze Big Oil's Profits in Q1 2024

Apr 29, 2024 at 15:18 | Tsvetana Paraskova

Much lower natural gas prices this year compared to 2023 dragged down profits at some of the largest oil and gas companies, which have so far reported a mixed bag…

The Four Key Reasons Why The U.S. Will Never Stop Targeting Russia’s LNG Sector

Apr 29, 2024 at 11:13 | Simon Watkins

Perhaps even more than its targeting of Russian oil exports, the U.S. has been laser-focused on its liquefied natural gas (LNG) sector as they key area it wants to effectively…

Russia's LNG Expansion Plans Hit the Wall

Apr 26, 2024 at 08:22 | Rystad Energy

Russian oil production has remained strong despite sanctions imposed by Western countries in the wake of Russia’s invasion of Ukraine. The country’s gas and liquefied natural gas (LNG) industries, on…

U.S. Natural Gas Could Be A Big Winner of The AI Boom

Apr 25, 2024 at 14:56 | Tsvetana Paraskova

U.S. natural gas producers and shippers could be one of the big winners of the latest advances in Artificial Intelligence.  The surge in data centers amid the booming AI technology…

EU Prepares to Tighten Screws on Russian LNG Imports

Apr 25, 2024 at 11:11 | Julianne Geiger

In a move that could reshape Europe's energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close…

Shale Gas Reactor Could Saves Millions in Propylene Production

Apr 25, 2024 at 10:24 | Brian Westenhaus

University of Michigan engineers have designed new chemical reactor to make an important ingredient for plastics, adhesives, carpet fibers, household cleaners and more from natural gas.

LNG Bunkering Sales Off to a Strong Start in 2024

Apr 17, 2024 at 09:30 | Rystad Energy

Liquefied natural gas (LNG) remains the fuel of choice for lower-carbon shipping, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines, according to…

Biden’s LNG Pause Could Have a Significant Impact On Global Energy Security

Apr 10, 2024 at 10:05 | Haley Zaremba

Back in January of this year, the Biden administration announced a controversial decision to pause approvals of new licenses to export liquefied natural gas (LNG). President Biden announced that…

Natural Gas ETFs Among The Worst Performing Equities

Apr 06, 2024 at 10:09 | Alex Kimani

Brent crude has topped $90 per barrel for the first time since October, as Middle East tensions threaten to boil over into a wider regional war. Oil markets are increasingly

Gas Glut? Not for Long.

Apr 05, 2024 at 11:02 | Irina Slav

Natural gas prices are falling all over the world. There is abundant supply, and demand has been lukewarm this northern hemisphere winter, which was relatively mild. Indeed, the global gas…

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