This post was originally published on this site The U.S. State Department warned that China could launch cyber attacks against critical infrastructure, including oil and gas pipelines after researchers discovered a Chinese hacking group had been spying on such networks.
This post was originally published on this siteNatural gas futures last week looked to be gaining momentum on the potential for lower supply, but this week, the bulls came roaring back. North American natural gas futures stumbled for the fourth time in five sessions on Thursday. The June New York Mercantile Exchange gas futures contract …
This post was originally published on this siteStubbornly high production maintained its grip on natural gas forward curves during the May 18-24 period, with June prices averaging 20.0 cents lower, according to NGI’s Forward Look. With weather-driven demand at seasonal lows and storage inventories remaining at a surplus to historical norms, forward contracts dropped 16.0 …
Natural Gas Forward Prices Slide on Delayed Cooling Demand, Overwhelming Supply Read More »
This post was originally published on this siteA roundup of news and commentary from NGI’S LNG Insight Freeport LNG Development LP is aiming to return a second berth and its third storage tank to service this summer, according to a company update. The final restart would require regulatory approval. In February, the company said repairs …
Freeport LNG Eyes Summer Return for Second Berth, Third Storage Tank – The Offtake Read More »
This post was originally published on this siteCybersecurity firms are stepping up to shield natural gas and oil companies from the increasing risk of cyberattacks from dark web users and nation-state attackers. UK-based Searchlight Cyber released a report for which researchers followed cybercriminals targeting the energy industry activity on the dark web for one year. …
Oil, Natural Gas Cybersecurity in Spotlight as Attackers ‘Always Looking for Leverage’ Read More »
This post was originally published on this siteConstellation Energy Corp. and Siemens Energy AG said they had set a new record for blending natural gas with hydrogen at a combined-cycle gas plant, nearly doubling the previous record. Constellation’s Alexander City, AL-based 753-MW natural gas-fired Hillabee Generating Station operated during a test this month with minor …
This post was originally published on this siteLegacy Energy Consulting facilitated the sale of PacWest Propane. It is Legacy’s first completed deal in 2023 and its 13th since December 2020. The post Suburban Propane acquires PacWest Propane first appeared on LP Gas.
This post was originally published on this siteClick here to listen to the latest episode of NGI’s Hub & Flow. NGI’s Patrick Rau, director of Strategy & Research, discusses renewed investment in natural gas storage following a more than decade-long drought. With heightened natural gas price volatility, rising demand and growing exports, Rau explores how …
Natural Gas Storage Making a Comeback – Listen Now to NGI’s Hub & Flow Read More »
This post was originally published on this siteThe U.S. Energy Information Administration (EIA) reported an injection of 96 Bcf natural gas into storage for the week ended May 19. The result marked a second-consecutive bullish print relative to market expectations, but it was on par with the five-year average and left Nymex natural gas futures …
Natural Gas Bulls Seen Having ‘Very Little Room to Maneuver’ Read More »
This post was originally published on this siteThe U.S. Energy Information Administration (EIA) reported an injection of 96 Bcf natural gas into storage for the week ended May 19. The result marked a second-consecutive bullish print relative to market expectations, but it was on par with the five-year average and left Nymex natural gas futures …
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