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US natural gas trades near 11-week low as mild weather cools demand

in Bethesda, Maryland. The high in Chicago on Aug. 26 may be 72 degrees Fahrenheit (22 Celsius), 9.... The high in Cleveland on Aug. 26 may be 70 degrees Fahrenheit, 8 less than average, AccuWeather data... from $2.97 in last month’s report. The gap between US and international prices for liquefied natural..., Bank of America Corp. said in a note to clients Monday. Prices at the Henry Hub in Louisiana...

Emerson Exchange '14: Applying technology to reduce project risk, improve reliability and uptime, and handle skills shortage

through technical presentations and visit technology exhibits.  Since starting in 2009 with 1,678... of right project management and skilled staff can cause up to 26% of the project delays,” said...

US natgas prices ease to 6-week low on rising output, lower LNG feedgas

for its lowest close since May 15 for a second day in a row. In other news, a federal judge dealt U.S.... conditioners to escape a heat wave. In the spot market, next-day gas prices at the Waha hub in West... in the Permian Shale again. That is the third time in six days Waha prices fell into negative territory during the current heat wave and the 20th time so far this year. Next-day Waha prices first averaged...

Asia spot LNG prices remain at 7-month high amid Russian supply concerns

Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months.... "Asian prices rise this week has largely been underpinned by the European gains, with north-east Asian... from the spot market. Dozeman said that the latest La Nina weather pattern forecast has weakened... forecasts. In Europe, gas prices have risen this week on heightened geopolitical risk in the Middle...

U.S. natural gas prices gain 3% to six-week high with extreme cold coming

(Reuters) - U.S. natural gas prices climbed about 3% to a six-week high on Friday forecasts... equipment, which the energy industry calls freeze-offs. Traders also noted that gas prices were up... and as record amounts of gas continued to flow to U.S. LNG export plants. Prices rose despite forecasts..., according to LSEG's latest forecasts. That would be the most since winter storm Elliott in December 2022...

Unlike crude oil, LNG takes Gulf tensions in its stride

The subdued reaction of global liquefied natural gas (LNG) prices to the latest tensions around... a more reasonable assessment of the risks. While spot prices for LNG did move somewhat higher... that links the Persian and Oman gulfs. About 26% of all LNG transited the Strait of Hormuz in 2018... to be carried out. The June 13 attacks sent crude prices up, with Brent rising 3.6% on the day...

Speculators boost U.S. natgas net longs for 2nd straight week

Jan 5 (Reuters) - U.S. natural gas speculators boosted their net long positions for a second week in a row, in the week to Jan. 2, betting prices will rise as supplies tighten after utilities pulled... $2.64 during the four trading days ended Dec. 26. There were four trading days during the week ended Jan. 2 due to the New Year's holiday and four during the week ended Dec. 26 due to the Christmas...

LNG becomes more volatile on heat wave, Trump's trade war

natural gas generation. The boost to prices last week was the latest turn in a spot LNG market...LAUNCESTON, Australia, (Reuters) - Prices for spot cargoes of liquefied natural gas (LNG) in top... producer Australia, as well as Malaysia and the United States, also drove prices higher in June. While..., a 26 percent slump from June's 3.4 million and also well below the 3 million from July a year ago...

EIA: California using more renewables, less natural gas for electricity

mix. Data from CAISO indicate that non-hydro renewables, mainly solar and wind, represented 26... capacity. EIA's latest data show that distributed solar PV increased from 2.8 gigawatts in June 2015...

Australia says it can beat carbon goals by 2030 without credits

Australia could beat its target for cutting carbon emissions under the Paris accord by 2030 without counting credits from overachieving on its targets in previous climate pacts, Energy Minister Angus Taylor said on Thursday. The latest projection marked a sharp shift for one of the world's biggest... target of cutting carbon emissions by 26% to 28%, based on what could be achieved under a A$18...

Alaska says its planned LNG project will help Asia cut carbon emissions

, the U.S. Congress has included loan guarantees worth $26 billion for the Alaska LNG project in the latest...

New Fortress delays start of Mexico's first LNG plant to May

announced the latest timing for its first fast LNG (FLNG) train in its first quarter earnings release... last Friday, April 26. This is an extremely unfortunate given that we (were) expecting first LNG...

Incident at Petronas Gas Berhad’s Kertih processing plant

Photo courtesy of Petronas Gas Berhad. Petronas Gas Berhad (PGB) has reported that an incident has occurred at a PGB gas processing plant in Kertih, Terengganu at about 3:00 p.m. local time on October 26, 2016. The incident has resulted in one fatality of an employee of PGB’s contractor while undertaking maintenance work at the facility. The company wishes to extend its utmost condolence...

Statoil gas output to be reduced by 10.5 MMcm/day, by 9 MMcm/day by October

OSLO (Reuters) — Statoil’s gas output will be reduced by 10.5 MMcm/day from Sept. 26 at 0400 GMT until Sept. 27 at 0400 GMT due to planned shutdown at the Corrib gas field in Ireland, it said on Thursday. Between Oct. 1 at 0600 CET (0400 GMT) until Oct. 2 at 0600 CET (0400 GMT), it’s gas output will also be reduced by 9 MMcm/day. “Decreased field availability” was the cause of the decrease...

Qatar's Pearl gas-to-liquids plant back to normal production rate-Shell

DUBAI,  (Reuters) - Qatar’s Pearl gas-to-liquids plant has returned to its normal production capacity since Dec. 26, a Shell representative said. The plant, which produces 1.6 billion cubic feet of gas per day from the North Field, had operated at a reduced production rate since Nov. 30. “There has not been any impact on customers,” the statement added. (Reporting by Rania El Gamal, editing...

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