Natural Gas

Natural Gas , Legislation

Australia Considering Gas Price Cap But Rules Out Mining Tax

Australian Prime Minister Anthony Albanese told a radio station on Nov. 11 that a price cap on gas "is one of the options that is under consideration" to stabilize energy prices.

November 11, 2022

Natural Gas , Legislation

EU Executive to Outline Gas Price 'Correction Mechanism' on Friday: Sources

Germany and the Netherlands say that implementing an EU gas cap would "risk putting off suppliers and reduce incentives to bring down gas consumption."

November 10, 2022

Natural Gas , Energy Transition , Shale Plays

‘Shalennial’ US Gas Salesman Wants to Kill Global Coal

EQT CEO Toby Rice claims his company’s natural gas helps Europe and the climate, but critics see a “false reality.”

November 10, 2022

Natural Gas , Trade , International

UK to Announce US Gas Deal after Climate Change Summit: Telegraph

Britain’s National Grid has said that Britain’s ability to secure gas supply would depend upon its prices being high enough to attract exports from Europe and LNG from countries such as Qatar and the U.S.

November 8, 2022

Natural Gas , Trade , International

Trinidad Asks US to Allow Venezuelan Gas Imports for LNG Plant

If approved, the gas from a project operated by Venezuelan state-run oil company PDVSA could restart an idled liquefaction train with a 500 MMcf/d capacity at Trinidad's flagship Atlantic LNG project.

November 7, 2022

Earnings , Unconventional , Natural Gas

Natgas-Bagging: Chesapeake’s Choking Back Haynesville Growth for Now

Chesapeake Energy is teeing up for more natural gas takeaway and LNG demand in late 2023 and into 2024. Plans have been canceled for adding an eighth rig in the Haynesville.

November 6, 2022

Natural Gas , Construction , Pipelines

Enbridge Greenlights CA$3.6 billion Gas Pipeline Expansion in Canada

Gas production in Western Canada this year neared record levels of 18 Bcf/d. Enbridge CEO Al Monaco said that supply growth coupled with future demand from planned LNG export projects was underpinning the expansions.

November 4, 2022

Liquefied Natural Gas , Natural Gas , Storage

US Natgas Falls 5% on Big Storage Build, Lower Demand Forecast

In what has already been an extremely volatile week, front-month gas futures fell 29.4 cents, or 4.7%, to $5.974/MMBtu at 10:35 a.m. EDT (1435 GMT). That follows a rise of 12% on Oct. 31, a drop of 10% on Nov. 1 and a rise of 10% on Nov. 2.

November 3, 2022

Natural Gas , Legislation , International

IEA Says Europe Must Act Now to Avoid Winter 2023 Gas Shortages

"We are ringing the alarm bells for the European government and for the European Commission for next year," the International Energy Agency's Fatih Birol during a supply-demand report presentation for Europe in 2023-2024.

November 3, 2022

Natural Gas , Infrastructure , Pipelines

Frigid Winter? New Englanders to Pay Through Frozen Noses for Oil and Gas

Exacerbating high energy costs, New England lacks enough gas pipeline capacity to meet all its heating and power generation needs on the coldest winter days.

November 3, 2022