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Natural Gas
Asian LNG Jumps to Highest This Year as European Benchmarks Rise
North Asia spot liquefied natural gas prices jumped to the highest level this year on increased competition from Europe for the heating and power plant fuel.The…
Germany
Photovoltaic and Wind Energy in the Second Week of NovemberPhotovoltaic and Wind Energy
Wind power prevents rising gas prices from driving up European electricity market prices in the second week of November.In the second week of November, average …
Natural Gas
Tax Hikes Hinder Gas Price Drop, Raise Electricity Costs
espite reductions in the cost of energy, supply and network services (-2% compared to second half of 2023), total prices slightly increased (+2%), as government…
Oil & Gas Trade
Canada’s Pieridae Energy Shuts-in Production Amid Low Natgas Prices
Canadian energy company Pieridae Energy (PEA.TO), opens new tab said on Thursday it has shut-in the production of about 6,250 barrels of oil equivalent per day …
Oil & Gas Trade
US Natgas Prices Fall 3% to Two-Month Low on Big Storage Build, Rising Output
Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 1…
Oil & Gas Trade
EIA Sees Electricity Demand, Gas Prices Impacting US Fuel Mix This Year
US natural gas storage tanks. Credit: Anton Zubchevskyi via Shutterstock.Just-released forecasts from the US’s Energy Information Administration has predicted …
Natural Gas
Qatar Energy 2023 Profit Drops 32% as Gas Prices Cool
Qatar Energy on Tuesday reported 101.9 billion riyals ($27.96 billion) in net profit for 2023, down 32% from 2022 when gas prices surged following Russia's …
Oil & Gas Trade
BP Q1 Profits Slump to $2.7 Billion, Missing Forecasts
BP (LON:BP) reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower oil and gas prices and a…
Natural Gas
US Natgas Prices up 3% to 14-Week High on Rising Demand for LNG Feedgas
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019. REUTERS/Angus Mordant/Fi…
Oil & Gas Trade
Earnings for Big Oil Backpedal as Natgas Prices Tumble
An aerial view of Exxon Mobil’s Beaumont oil refinery, which produces and packages Mobil 1 synthetic motor oil, in Beaumont, Texas, U.S., March 18, 2023. …
LNG
Japan Gas Association Expects Lng Prices to Rise, Tracking Oil, if Strait of Hormuz Blocked
Japan Gas Association members anticipate limited impact on their liquefied natural gas (LNG) procurement in the event of a blockade in the Strait of Hormuz, but…
Coal Trade
Pressure on Gas and LNG Prices to Help Switch From Coal, Says J.P. Morgan
An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File …
Natural Gas
Bangladesh Raises Gas Prices for Power Plants
Bangladesh has raised gas prices for power plants by 0.75 taka ($0.0068) per unit to ease the subsidy burden, the energy ministry said on Tuesday, effective fro…
Oil & Gas Trade
Qatar Plans New Gas Output Boost Amid Global Price Collapse
Model of LNG tanker is seen in front of Qatar's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/File Photo Purchase Licensing RightsQatar w…
Oil & Gas Trade
Cheniere Energy Forecasts Downbeat 2024 Profit as Natgas Prices Plunge
A tree decorates the lounge of Houston-based liquefied natural gas company Cheniere during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada…
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