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Get Ready For The Energy Price Shock

Get Ready For The Energy Price Shock

Natural gas supply concerns continue…

UK Could See Gas Prices As High As $1250 Per MWh

UK Could See Gas Prices As High As $1250 Per MWh

The UK’s energy crisis is…

Energy / Natural Gas

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…

Natural Gas Prices In Europe Could Be Heading Into Negative Territory

May 22, 2020 at 16:49 | Tsvetana Paraskova

The next negative prices in energy contracts could soon be seen in European natural gas prices as lockdowns batter demand while storage capacity for the commodity is running…

The African Nation That Can’t Get Its Energy Industry Off The Ground

May 21, 2020 at 12:50 | Viktor Katona

The African continent witnessed different reactions to the ongoing period of depressed demand – mature producers like Nigeria and Angola are facing liquidity issues and struggle to keep their 2020…

Will Shale Giant Chesapeake Go Bankrupt?

May 11, 2020 at 10:09 | Tsvetana Paraskova

U.S. shale gas pioneer Chesapeake Energy  said on Monday it was evaluating a Chapter 11 bankruptcy protection reorganization—along with other options--as the low oil and gas prices weigh heavily on…

Qatar Uses Market Mayhem To Secure Top Spot In Global LNG Market

May 08, 2020 at 17:15 | Simon Watkins

Despite – or perhaps because of - the global overhang in liquefied natural gas (LNG) supplies, a weak demand profile, and ongoing uncertainty in the hydrocarbons market overall,…

Is This The End Of The LNG Boom?

May 06, 2020 at 16:55 | Nick Cunningham

The glut of natural gas could lead to more cancelled LNG exports in the next few months. “It is clear that yes we face today people talk lot about the…

Oil Majors Are Abandoning This Key Shale Basin

May 06, 2020 at 13:34 | Tsvetana Paraskova

Royal Dutch Shell announced this week that it was selling its Appalachia shale gas assets for $541 million in a transaction that wouldn’t…

Iran Reaches Production Milestone At World’s Largest Gas Field

Apr 24, 2020 at 17:03 | Simon Watkins

Reaching natural gas production of one billion cubic metres per day (Bcm/d) has been one of the three core hydrocarbons resource strategies of Iran since the Islamic Republic…

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