US NatGas Futures Hit Over 2-week Low on Lower Demand View

U.S. natural gas futures fell about 2% to a more than two-week low on April 15, weighed down by lower demand forecasts for this week than previously expected.
 

Canada’s First FLNG Project Gets Underway

Black & Veatch and Samsung Heavy Industries have been given notice to proceed with a floating LNG facility near Kitimat, British Columbia, Canada.

US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row-Baker Hughes

The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November.

BKV CEO: Texas Grid Needs More Combined Cycle NatGas Plants

BKV CEO Chris Kalnin dives into the "core issue" of Texas' renewable grid and how the company is increasing production as the the largest producer in the Barnett Shale, in this Hart Energy Exclusive interview. 

Asia Spot LNG at 3-month Peak on Steady Demand, Supply Disruption

Heating demand in Europe and production disruption at the Freeport LNG terminal in the U.S. pushed up prices, said Samuel Good, head of LNG pricing at commodity pricing agency Argus.

The Jones Act: An Old Law on a Voyage to Nowhere

Keeping up with the Jones Act is a burden for the energy industry, but efforts to repeal the 104-year-old law may be dead in the water.

Exclusive: ‘Reality Has Hit,’ NatGas Not Just a Bridge Fuel, Landrieu Says

The Biden administration's LNG pause is "disappointing" and natural gas is a "solution to energy woes," co-chairs for Natural Allies for a Clean Energy Future Senator Mary Landrieu and Congressman Kendrick Meek told Hart Energy's Jordan Blum at CERAWeek by S&P Global. 

UAE's ADNOC Recently Eyed BP as Takeover Target, Sources say

The Emirati giant, Abu Dhabi National Oil Co., considered all options when looking at BP, including buying a big stake.

US NatGas Flows to Freeport LNG Export Plant Drop Near Zero

The startup and shutdown of Freeport has in the past had a major impact on U.S. and European gas prices. 

Global Partners Buys Four Liquid Energy Terminals from Gulf Oil

Global Partners initially set out to buy five terminals from Gulf Oil but the purchase of a terminal in Portland was abandoned after antitrust concerns were raised by the FTC and the Maine attorney general.