natural gas

U.S. natural gas futures slip after bigger-than-expected storage build

U.S. natural gas futures eased into a narrow range after a government report showed a bigger-than-usual storage build last week, overshadowing support from forecasts for warmer weather.

Despite China heatwave, weak factory demand curbs LNG imports

An ongoing heatwave in China is boosting power demand for cooling, but tepid industrial demand and record high coal inventories are keeping prices at two-year lows and limiting spot LNG imports.

Increased U.S. renewable and natural gas generation likely to reduce summer coal demand

The EPA forecasts the largest increases in U.S. electricity generation this summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online, according to their June Short-Term Energy Outlook.

Trinidad to restart idled LNG unit by early 2027 amid restructuring

Trinidad and Tobago aims to restart an idled liquefied natural gas unit by the first quarter of 2027 after agreeing to restructure the facility's ownership and negotiate new gas supplies, according to three people with knowledge of the plans.

U.S. natural gas climbs as hot weather outlook boosts power demand prospects

U.S. natural gas futures climbed more than 2% to a one-week high, as forecasts for warmer weather bolstered the demand outlook for the fuel to cool homes and businesses.

U.S. natgas down 2% on lower flows to LNG export plants, mild weather

U.S. natural gas futures fell about 2% on lower gas flows to liquefied natural gas plants due to maintenance, forecasts for milder weather and less demand over the next two weeks than previously expected and a drop in global gas prices.

Russia's Sakhalin invites India and China to tap energy resources

The local governor of Russia's Pacific island of Sakhalin has invited companies from India and China to tap the region's energy resources following the departure of European and American oil and gas majors.

Monthly U.S. propane exports in March 2023 reach a record high

U.S. propane exports reached a record 1.7 million bpd in March 2023, the highest level since the EIA began collecting this data in 1973.

Roseville, California converts organic waste into renewable fuel for solid waste trucks

The City of Roseville, California has embarked on a groundbreaking initiative to decrease greenhouse gas emissions and minimize landfill waste by powering its trash and recycling fleet with renewable natural gas derived from the digestion of organic waste.

Bangladesh power cuts may last two more weeks on fuel shortages

Bangladesh could face power cuts for two more weeks, its power minister said, as higher electricity consumption because of rising temperatures has caused a fuel shortfall for generation plants.

Hungary buys 100 mcm of gas from Azerbaijan

Hungary's state-owned energy group MVM has agreed to buy 100 mcm of natural gas from Azerbaijan's state energy firm SOCAR, Hungarian Foreign Minister Peter Szijjarto said on his Facebook page.

U.S. natural gas futures jump 5% on low wind power forecasts, soaring global prices

U.S. natural gas futures soared 5% on forecasts for low wind power, warmer weather and higher air conditioning demand over the next two weeks than previously expected, rising exports to Mexico and a jump in global gas prices.

U.S. natural gas up 2% on forecast for more demand, record exports to Mexico

U.S. natural gas futures rose about 2% on forecasts for more demand over the next two weeks than previously expected and record exports to Mexico.

Trinidad asks U.S. for changes to Venezuela gas project license

Trinidad and Tobago is requesting the U.S. government amend the terms of a license authorizing the joint development of a promising offshore gas field with Venezuela, the Caribbean nation's energy minister said.

U.S. natgas futures drop 4% on record output ahead of storage report

U.S. natural gas futures dropped about 4% on record U.S. output and rising exports from Canada.

Equinor says production at Hammerfest LNG to resume

Norway's Equinor plans to restart production at its Arctic LNG plant in Hammerfest after it was shut down due to a gas leak, the company said in a market message.

Equinor says leak at Hammerfest LNG plant stopped

A gas leak at Norway's Hammerfest liquefied natural gas plant has been stopped and normalization is underway, but it is too soon to say when production will resume, Equinor said.

Russia's Sibur switches to yuan for LPG settlements with China

Sibur, Russia's largest LPG exporter, in 2022 switched fully to conducting financial settlements with China in yuan, Russia's state news agency cited a top manager at the company as saying.

FERC approves TC Energy's US-Mexico North Baja natgas pipe expansion

Canadian energy company TC Energy Corp's North Baja Pipeline LLC unit has received permission from U.S. energy regulators to put the North Baja natural gas pipeline expansion in Arizona and California into service.

Equinor shuts Hammerfest LNG plant due to gas leak

Norway's Hammerfest LNG plant was shutting down due to a gas leak, a spokesperson for operator Equinor said, confirming an earlier police report.

U.S. natgas futures up 2% to 1-week high with warmer weather coming

U.S. natural gas futures rose about 2% to a one-week high on forecasts for warmer than normal weather in mid June that should boost air conditioning demand.

TotalEnergies and TES join forces to develop a large-scale e-NG production unit

Tree Energy Solutions is joining forces with TotalEnergies to study and develop a large-scale production unit in the United States for e-natural gas (e-NG), a synthetic gas produced from renewable hydrogen and CO2.

Eastward gas flows halt on Yamal-Europe pipeline

Eastward natural gas flows on the Yamal-Europe pipeline to Poland from Germany stopped after briefly resuming, data from operator Gascade showed.

QatarEnergy to sign long-term LNG supply deal with Bangladesh

QatarEnergy will sign a long-term LNG supply deal with Bangladesh's state-owned gas company Petrobangla, the second Asian sales deal to be sealed for Qatar's North Field expansion project.

U.S. natgas futures drop 4% on record U.S. output, lower demand forecast

U.S. natural gas futures dropped about 4% on record U.S. output and forecasts for milder U.S. weather and lower demand over the next two weeks than previously expected.

Biden, McCarthy debt deal would speed up Mountain Valley gas pipeline

U.S. energy company Equitrans Midstream Corp's long-delayed $6.6-B Mountain Valley natural gas pipeline could win federal approval as part of Washington's debt limit deal.

Cyprus wants shipping corridor to export natgas

Cyprus wants to establish itself as a gateway from east Mediterranean gas resources to Europe via a shipping corridor of LNG carriers.

Iraq says Iran blames reduced gas exports on 'technical' matter

Iran's foreign minister told his Iraqi counterpart that a reduction in gas exports to Iraq was a technical matter and Tehran had not decided on any cuts, an Iraqi foreign ministry statement said, as the two countries try to resolve Baghdad's huge unpaid bills.

Mexico energy regulator gives natural gas 'clean' label, drawing criticism

A move by Mexico's energy regulator to declare some natural gas-fired power as "clean" drew criticism from environmental groups that say the change will not help the country reach its clean energy targets.

Venezuela, Trinidad to meet again in June to discuss Dragon gas project

Venezuela and Trinidad and Tobago will continue negotiations on jointly developing a dormant offshore natural gas field, with a meeting scheduled for mid-June in Caracas.