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Oil Refinery
Refinery Fire Drives up Gas Prices in Arizona, Highlighting California Reliance
A fire at one Northern California refinery responsible for 10% of the state’s gasoline production has resulted in higher gas prices in California, Arizona…
Natural Gas
Europe Summer Gas Premium Surges as Germany Eyes Storage Subsidy
European natural gas for delivery this summer has become even more expensive than prices for next winter after Germany’s market manager said it’s di…
Natural Gas
US Natural Gas Prices Jump 9PC as Winter Storms Boost Heating Demand
US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of the country, causing output to decline as some oil an…
Natural Gas
Oil Prices Rise on Crude Drawdown; Natural Gas Falls on Profit-Taking
It was a mixed bag for commodity prices during the final week of 2024. An unexpectedly large drawdown of 4.2 million barrels — according to the Energy Informat…
Natural Gas
US Natgas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand
US natural gas futures hit a 23-month high on Tuesday in thin pre-holiday trading, supported by an increase in the amount of gas flowing to liquefied natural ga…
Natural Gas
US Natural Gas Prices Jump
US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas well…
Natural Gas
OGRA Approves Major Increase in Gas Prices Across Pakistan
The Oil and Gas Regulatory Authority (OGRA) has approved significant hikes in gas prices, affecting consumers nationwide, ARY News reported.According to reports…
Natural Gas
Gas Prices in Midland-Odessa Drop to Their Lowest Levels in Three Years
Usually, conversations around gas prices center on why they’re rising and how national and global economic factors in the oil and gas industry contribute …
Natural Gas
Gas Prices Rise for Eighth Week Straight
The prices of gas and diesel at Korean gas stations rose for the eighth consecutive week, the Korea National Oil Corporation said Saturday.The average gasoline …
Renewable Energy
European Wind Energy Continued to Curb the Effect of the Gas Price Rise on Electricity Markets in the Third Week of November
In the third week of November, average prices in most major European electricity markets declined compared to the previous week. On Sunday, November 24, several…
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…
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