Natural Gas

Exploration & Production , Liquefied Natural Gas (LNG) , Natural Gas

EIA: US Natural Gas Output, Demand to Fall for Second Year in 2021

If the EIA outlook is correct, 2021 would be the first time U.S. natural gas output falls for two years in a row since 2005, and 2022 would be the first time consumption falls for three consecutive years since 1983.

January 13, 2021

Investment , Liquefied Natural Gas (LNG) , Natural Gas , Acquisitions & Divestitures

EIG Clears Pathway to Buying Petrobras Assets

EIG's bet in Brazil comes while the state firm Petrobras speeds up asset sales, ending what was nearly a state-held monopoly in natural gas five years ago.

January 7, 2021

Investment , Exploration & Production , Natural Gas , Health, Safety & Environment , Renewables , Trends

PATH FORWARD: 2021 Outlook from Oil Market Experts Chandra, Dickson, Wicklund

From an improving gas market to international opportunities and a new energy workforce, a panel of veteran analysts in the oil and gas industry discuss what to expect from the sector in 2021.

January 4, 2021

Liquefied Natural Gas (LNG) , Natural Gas , Trade , Storage

US Natural Gas Futures Post Best Year Since 2016

U.S. natural gas futures rose on Dec. 31 and were on track for their best year since 2016, helped by forecasts for slightly colder weather than previously expected and record LNG exports.

December 31, 2020

Business , Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil , Legislation , Health, Safety & Environment , Emissions

Oil and Gas Outlook 2021: Healing, But Wary

The incoming Biden administration signals an acceleration in the energy transition, while fossil fuel producers count on a COVID-19 vaccine to help demand recover.

December 31, 2020

Natural Gas , Trade , International , Infrastructure , Construction , Pipelines

Nord Stream 2 Completes Section of Gas Pipeline in German Waters

The Nord Stream 2 pipeline, which is estimated to cost 9.5 billion euros (US$11.6 billion), will make western Europe more dependent on Russian gas and Washington says it will compromise European energy security.

December 28, 2020

Discoveries , Natural Gas , Crude Oil

PetroChina Strikes Big Gas Find in China Xinjiang’s Junggar Basin

PetroChina, Asia’s largest producer of oil and gas, has struck a large natural gas discovery in northwest China's Xinjiang region with an initial estimated reserve exceeding 100 billion cubic meters, China’s state news agency Xinhua reported over the weekend.

December 21, 2020

Investment , Natural Gas , Shale Plays , Acquisitions & Divestitures

Oaktree Capital Pledges $600 Million Investment to Fuel Natural Gas Dealmaking

Oaktree Capital committed to invest an additional $600 million in future mutually agreed upon opportunities to support BKV Corp.’s strategy to consolidate U.S. natural gas assets.

December 18, 2020

Liquefied Natural Gas (LNG) , Natural Gas , Trade , International

‘There Is Hardly Any Gas’: LNG Price Rally Exacerbates Supply in Asia

Surging spot prices for LNG are exacerbating a gas supply crunch in key fast-growing emerging markets in Asia just as a cold spell in other parts of the region boosts demand for the fuel.

December 17, 2020

Natural Gas , Trade

US Northeast Natgas Prices Jump Ahead of Winter Storm

U.S. Northeast power and natural gas prices for Dec. 16 jumped to their highest level in almost a year as energy companies prepare for what could be the region's biggest winter storm in years.

December 16, 2020