This post was originally published on this siteA roundup of news and commentary from NGI’s LNG Insight Freeport LNG Development LP has canceled up to four cargoes that were scheduled to be loaded this month as it continues working through issues to fully restart the plant on the upper Texas coast after an explosion nine …
Freeport LNG Cancels Additional Cargo Loadings – The Offtake Read More »
This post was originally published on this siteAny restrictions or outright bans on natural gas would have severe implications for the U.S. agricultural sector and the nation’s food supply, the American Gas Association (AGA) warned in a study released Wednesday. As policymakers across the world weigh the role of fossil fuels in the energy transition …
This post was originally published on this siteU.S. natural gas production and LNG exports are likely to grow between now and 2050 with domestic gas consumption dropping only slightly, according to the Energy Information Administration (EIA). All of the scenarios modeled in EIA’s latest Annual Energy Outlook (AEO) released last Thursday show the United States …
U.S. Natural Gas Production, LNG Exports Expected to Grow Through 2050, EIA Forecasts Read More »
This post was originally published on this siteNatural gas futures rebounded Tuesday, avoiding a third consecutive loss amid modestly lighter production and expectations for more late season heating demand. The April Nymex gas futures contract gained 12.5 cents day/day and settled at $2.348/MMBtu. May futures advanced 15.4 cents to $2.485. NGI’s Spot Gas National Avg. …
Invigorated Bulls Send Natural Gas Futures Higher Tuesday Read More »
This post was originally published on this site The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration on Monday announced more than $25 million in funding to improve safety nationwide after recent train derailments. The funding will provide support to state inspectors for hazardous materials shipments and pipelines inspections.
This post was originally published on this site (P&GJ) — AMPP’s Annual Conference + Expo at the Colorado Convention Center in Denver, has attracted 5,607 attendees involved in the corrosion control industry.
This post was originally published on this site International Petroleum Corp., the first foreign oil company to sanction a project in Canada’s oil sands in more than a decade, could add carbon capture and storage (CCS) to the plant if more government financial incentives become available, its CEO told Reuters.
This post was originally published on this siteDomestic crude production climbed back to the high mark of the pandemic era as U.S. consumption of petroleum products increased and mounting Chinese demand fueled global growth expectations. American exploration and production (E&P) firms boosted output by 100,000 b/d to 12.3 million b/d for the week ended March …
U.S. Oil Production Returns to 2023 Peak Level; Demand Rises Despite Fresh Worries Read More »
This post was originally published on this site Russian President Vladimir Putin and Chinese leader Xi Jinping met in Moscow for two days of talks which ended Tuesday, during which they discussed a major new infrastructure project, Power-of-Siberia 2, to deliver gas to China via Mongolia.
This post was originally published on this siteEditor’s Note: This column is part of a regular series by industry veteran Brad Hitch for NGI’s LNG Insight dedicated to addressing the complexities of the global natural gas market. Evaluating the European gas market is one of the natural first steps for anyone looking to measure the …
Understanding Europe’s Outsized Role in the U.S. Natural Gas Market – Column Read More »
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