This post was originally published on this siteJanuary natural gas futures surged higher on Friday, sending the prompt month to a new 2024 high, as freeze-off risks and stronger LNG exports outweighed a slightly warmer reading in weather forecasts.
Natural Gas Futures Extend Rally to Fourth Day as Traders Position for January Cold Read More »
This post was originally published on this site(Reuters) – U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future
US Drillers Keep Oil and Natgas Rigs Unchanged for Second Week – Baker Hughes Read More »
This post was originally published on this siteU.S. 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 wells and lift spot prices by reducing output as in past years. Also supporting prices was an increase in the
US Natgas Prices Jump 5% to 23-Month High on Cold Forecasts, Rising LNG Feedgas Read More »
This post was originally published on this siteTwo of the world’s biggest oil traders are expecting the market to be oversupplied next year – but both agree that Donald Trump might just change everything.
Trafigura, Gunvor Weigh Trump Wildcard Against Oil Glut in 2025 Read More »
This post was originally published on this siteIf the United States were to continue to hold back the approval of new LNG export projects, then Mexico could get a leg up developing its export market, according to Ramón Antonio Massieu Arrojo, an attorney at Toeppich and Associates.
Extension of U.S. LNG Pause Could Benefit Mexico Projects, Expert Says Read More »
This post was originally published on this site(Reuters) – U.S. data center power demand could nearly triple in the next three years, and consume as much as 12% of the country’s electricity, as the industry undergoes an artificial-intelligence transformation, according to an unpublished Department of Energy-backed report seen by Reuters. The Lawrence Berkeley National Laboratory
US Data-Center Power Use Could Nearly Triple by 2028, DOE-Backed Report Says Read More »
This post was originally published on this site(Reuters) – Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company’s future profits and contributions to the economy. The worries, according to interviews with workers, ex-employees, a
Turmoil at Colombia’s Ecopetrol Raises Profit Fears Ahead of US Investment Decision Read More »
This post was originally published on this siteCrude posted weekly losses as slower Fed rate cuts and Trump’s EU tariff threats weighed on markets, while muted inflation data tempered the selloff.
Oil Slips Amid Fed Signals and Trump Tariff Threats Read More »
This post was originally published on this siteNatural gas futures continued their winning ways through midday Friday as bulls pinned their hopes on a warm final week of December giving way to January cold.
This post was originally published on this siteFederal regulators on Friday authorized Venture Global LNG Inc. to load the first commissioning cargo from its Plaquemines export terminal in Louisiana just days after the facility first produced the super-chilled fuel.
Venture Global Cleared to Load First Commissioning Cargo at Plaquemines LNG Read More »
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