• 3 minutes China's aggression is changing the nature of sovereignty.
  • 8 minutes Will Variants and Ill-Health Continue to Plague Economic Outlooks?
  • 11 minutes Europe gas market -how it started how its going
  • 6 hours Russia, Ukraine and "2022: The Year Ahead"
  • 4 days Why is oil priced and traded in U.S. dollars?
  • 53 mins Following the Big Money
  • 4 days Ukrainian Maidan after 8 years
  • 4 days Russia oil production live month after month starting from November 2021 - official stats from Rosstat agency
U.S. Natural Gas Sees Its Best Ever Start To The Year

U.S. Natural Gas Sees Its Best Ever Start To The Year

Cold temperatures that have increased…

Energy / Natural Gas

Why Has President Biden Sidelined Natural Gas?

Apr 06, 2021 at 16:53 | Irina Slav

“Build Back Better” was the slogan that accompanied the Biden administration’s initiative for economic recovery after the pandemic. The actual plan that the administration released was titled the “American Jobs…

Qatar Looks To Dominate This Very-Fast Growing Gas Market

Apr 06, 2021 at 14:25 | Viktor Katona

Qatar Petroleum found itself in the limelight of the LNG scene in 2021, having clinched two major deals with Pakistan and China. All the while media buzz around the supply…

Why The Suez Crisis Failed To Disrupt LNG Markets

Apr 05, 2021 at 12:43 | Vanand Meliksetian

On the morning of March 23, the world was shaken by the unfortunate news of the Suez Canal being blocked. At 07.40 local time, the Ever Given ran aground when…

The Most Anticipated Licensing Round Of 2021

Apr 02, 2021 at 16:54 | Viktor Katona

The energy markets have seen several major upsets during the 21st century yet one can state fairly confidently that the market slump of 2020-2021…

U.S. LNG Exports To Asia Hit Record Highs

Apr 02, 2021 at 11:35 | Tsvetana Paraskova

Since the fall of 2020, the United States has significantly boosted its liquefied natural gas exports to the top LNG-importing region, Asia, to the point of setting record highs in…

Europe Looks To Stock Up On Natural Gas This Summer

Apr 01, 2021 at 17:03 | Irina Slav

Harsh winters are always bad news for energy consumers. But they are good news for those that produce the energy that consumers use. This winter has been no…

The Real Ramifications Of China's LNG Deal With Qatar

Mar 31, 2021 at 17:03 | Simon Watkins

Last week’s signing of a 10-year purchase and sales agreement by the China Petroleum & Chemical Corp. (Sinopec) and Qatar Petroleum (QP) for 2 million tonnes per annum (mtpa) of…

Why Natural Gas Prices Are Unlikely To Break Out In The Short Term

Mar 26, 2021 at 17:18 | Tsvetana Paraskova

The U.S. natural gas benchmark is set for several months of below $3 MMBtu price analysts and EIA forecasters say.   The agency cited declining demand for…

Turkey Looks To Improve Energy Relations With Egypt

Mar 24, 2021 at 12:02 | Vanand Meliksetian

Ever since the attempted coup in Turkey of 2016, Ankara has become more assertive regarding its near abroad foreign policy. With the rise of the AKP in the early 2000s,…

Natural Gas Pipeline In Venezuela Explodes

Mar 22, 2021 at 10:02 | Charles Kennedy

A section of a natural gas pipeline in Venezuela exploded on Saturday, which the country’s energy minister blamed on an attack, Reuters reports, citing a document…

The 3 Nations Vying For Global LNG Dominance

Mar 20, 2021 at 09:40 | Alex Kimani

Last year was an unprecedented year for natural gas and liquefied-natural-gas (LNG) markets. Whereas natural gas demand declined by 3%, LNG demand proved to be…

Did Warren Buffett Anticipate A Bull Run In Natural Gas?

Mar 17, 2021 at 12:06 | Tsvetana Paraskova

Lower production of U.S. natural gas and rising global demand for the commodity are setting the stage for a bull market in natural gas in the medium to long term,…

South Africa Hopes To Become The Next Big Shale Success Story

Mar 15, 2021 at 14:00 | Haley Zaremba

It’s been nearly a decade since South Africa lifted a freeze on shale gas exploration, but the resource-rich nation’s potential ensuing shale revolution never quite materialized. Much attention…

Gas Imports Surge As China Sees Coldest Winter In Decades

Mar 08, 2021 at 09:15 | Charles Kennedy

Natural gas imports to China jumped by 17.4 percent on the year in the first two months of the year to 28.68 billion cubic meters thanks to the coldest winter…

Turkey’s Perfectly Timed Gas Discovery

Mar 03, 2021 at 12:40 | Vanand Meliksetian

Turkey’s energy import bill has been a major drag on its economy for decades. In 2019, the country imported $41 billion worth of energy among which 45 billion cubic meters…

Iran To Join LNG Race In Asia With Huge North Pars Development

Mar 02, 2021 at 16:47 | Simon Watkins

With Asian spot liquefied natural gas (LNG) prices having risen to unprecedented levels in January and the outlook remaining extremely robust Iran believes now is the time to move full…

Australia Boosts LNG Spending To Compete With Qatar

Mar 02, 2021 at 16:05 | Tsvetana Paraskova

Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year in a bid to stay competitive in a very dynamic…

Texas Freeze Led To Second-Highest Natural Gas Withdrawal Ever

Feb 26, 2021 at 10:06 | Tsvetana Paraskova

The extreme winter weather last week resulted in the second-largest withdrawal of natural gas from storage in the U.S. as demand spiked, the Energy Information Administration (EIA) said on…

Natural Gas Production Plunged 45% During The Texas Freeze

Feb 25, 2021 at 12:58 | Tsvetana Paraskova

Natural gas production in Texas collapsed by 45 percent during the cold snap last week, primarily due to freeze-offs, the Energy Information Administration (EIA) said on Thursday, citing estimates…

Shell Sees LNG Demand Nearly Doubling By 2040

Feb 25, 2021 at 10:05 | Tsvetana Paraskova

Global demand for liquefied natural gas (LNG) is set to nearly double from 360 million tons last year to 700 million tons by 2040, thanks to continued solid demand from…

Oilprice - The No. 1 Source for Oil & Energy News