Natural Gas

Natural Gas

EU Must Extend Gas Demand Curbs to Prepare for Next Winter

Policymakers should underpin future demand reduction targets by encouraging a structural shift away from gas, says Bruegel. 

February 2, 2023

Markets , Liquefied Natural Gas , Natural Gas

European Gas Prices Mixed on Cold Weather Forecast, Strong LNG Flows

British and Dutch wholesale gas prices were mixed on Feb. 2 on cold weather forecasts, reduction in gas storage and Norway outage, although strong flows of LNG were lending some support.

February 2, 2023

Natural Gas , Crude Oil , International , Energy Transition

BP: Ukraine War Likely to Speed Decline in Fossil Fuel Use

The fallout from Russia’s invasion of Ukraine includes a global movement away from imported fossil fuels toward domestically produced renewables, BP said in its annual Energy Outlook.

February 1, 2023

Liquefied Natural Gas , Natural Gas

Chart Talk: Trinidad Eyes Venezuelan Gas Supply from Mariscal Sucre Project

Washington granted Trinidad and Tobago the right to develop Venezuela’s Dragon gas field in the first sign of a potential bilateral trade deal that could see Venezuela commercialize its strained offshore gas via idled LNG, methanol and ammonia plants in its neighbor’s backyard.

January 31, 2023

Liquefied Natural Gas , Natural Gas

Fire-idled Freeport LNG Seeks U.S. Approval to Start One Unit

Freeport LNG's request represents a milestone in efforts to restore production after a seven-month outage at the second-largest U.S. LNG.

January 31, 2023

Liquefied Natural Gas , Natural Gas , Policy & Regulations

EU Hires Firm to Launch Countries' Joint Gas Buying

The European Commission hopes joint gas buying will help Europe to refill depleted storage caverns before next winter and to negotiate lower prices by using EU countries' collective buying power.

January 30, 2023

Natural Gas , International

German Industry to Pay 40% More for Energy Than Pre-crisis

A large energy-price shock still lies ahead for European corporates, but German companies' healthy finances and a state-imposed gas price cap will help keep the industry afloat, says study by Allianz Trade. 

January 30, 2023

IPO , Natural Gas , Crude Oil

ADNOC Eyes Valuation of at Least $50 Billion for Its Gas Business

An initial public offering of ADNOC Gas could launch as soon as February as the company sharpens its focus on the gas market as Europe seeks to replace all Russian energy imports as early as mid-2024.

January 30, 2023

Liquefied Natural Gas , Natural Gas , International

ICE to Open London Gas Hub, Creating Route Around EU Price Cap

The London market would not be subject to the EU's gas price cap and will provide an option against possible trading prevention and risk exposure.

January 27, 2023

Markets , Liquefied Natural Gas , Natural Gas , Health, Safety & Environment

Feds Approve Preliminary Restart of Freeport LNG’s Texas Facility

Freeport has yet to seek permission from federal regulators to restart the liquefaction trains, and analysts have said they expect most of the plant's production to remain offline until March or later.

January 26, 2023