Oil Edges Lower Amid Stronger US Dollar
Oil edged lower as a stronger US dollar outweighed optimism that the Federal Reserve will stick to its path of interest-rate cuts this year.
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General
Permian Natural Gas Forward Prices Plummet; Other Markets Seeing Basis Improvement
Natural gas forward prices pushed modestly higher at the front of the curve during the March 14-20 trading period, particularly in the Northeast and Appalachia, data from NGI’s Forward Look show. Meanwhile, spring contracts at hubs near the congested Permian Basin struggled under the weight of weak near-term fundamentals. Fixed prices for April delivery at
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CERAWEEK: Renewables, gas, nuclear needed for surging power demand: CEOs
Power companies in the US and Europe plan to combine natural gas-fired generation with zero-emissions resources to meet expected surging power demand, executives said March 21. Describing surging demand in Dominion Energy’s Virginia and North Carolina footprint, Robert Blue, Dominion Energy chairman, president and CEO, cited surging data center demand in Northern Virginia as particularly
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Panama Canal Adding Transit Slots – Three Things to Know About the LNG Market
NO. 1: The Panama Canal Authority (PCA) is adding three more daily transit slots this month to allow more vessels to pass through the waterway. PCA said it added two additional slots for auction on Monday (March 18). Another slot is scheduled to be added next Monday (March 25), boosting the number of daily transits
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Freeport LNG Boosting Spot Market Volumes, Looking for Investment-Worthy Train 4 Customers
A possible fourth train for Freeport LNG is expected to remain in the development phase for now, but the facility could export an additional 1.5 million metric tons/year (mmty) to the spot market by this summer, CEO Michael Smith said Wednesday. One train at the Texas facility is currently offline and another could have intermittent
Retailers share experience with propane autogas
Propane retailers talk about promoting propane autogas and how they educate the public about its benefits. The post Retailers share experience with propane autogas first appeared on LP Gas.
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Natural Gas Futures, Cash Down as Market Mulls ‘Massive’ Storage Surplus — MidDay Market Snapshot
Natural gas futures remained lower through midday trading Thursday as the latest U.S. Energy Information Administration (EIA) storage report underwhelmed, confirming further expansion of an already sizable Lower 48 inventory surplus. Meanwhile, some late-season chills for northern portions of the country failed to prevent falling physical prices. Here’s the latest: April Nymex contract trading at
CERAWEEK: Renewable power undergoing ‘deep industry reset’: NYSERDA official
Renewable power is “going through a deep industry reset” in which “nobody’s making any money,” a New York State Energy Research and Development Authority official said during the CERAWeek by S&P Global conference in Houston March 21. Asked how inflation in material and operations and maintenance costs have affected renewable project returns, Georges Sassine, NYSERDA
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U.S. energy secretary tells skeptical executives natural gas export pause will be short lived
Oil and gas executives strongly pushed back against the U.S. pause on new LNG exports during the CERAWeek energy conference in Houston.
U.S. energy secretary tells skeptical executives natural gas export pause will be short lived
Oil and gas executives strongly pushed back against the U.S. pause on new LNG exports during the CERAWeek energy conference in Houston.
