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Tellurian Considers Company Sale, Other Driftwood LNG Options as Strategic Shift Continues
Markets
Natural Gas Futures Prices Finish Higher as Weather Provides Near-Term Support; Cash Rallies
Natural gas futures pulled back from early highs, still ending the week’s opening session with a gain as near-term cold weather that could prevent surpluses in natural gas inventories from widening further offered some support. At A Glance: Futures pare early gains Weather modestly supportive Cash markets up on cooldown The April Nymex natural gas…
March 18, 2024Earnings
NGI’s 4Q2023 Mexico Natural Gas Market Analyst Takeaways
Mexico faces an election in June amid rising natural gas demand and infrastructure needs. See what NGI analysts gleaned from the recently completed 4Q2023 earnings season. SLB Corp. (SLB): CEO Olivier Le Peuch told investors on SLB’s 4Q2023 earnings conference call that “in the international markets, we expect full year revenue growth reaching the mid-teens…
March 18, 2024LNG
Shell’s ‘Competitive Advantages’ Centering on LNG Trade, Lowering Emissions, Says CEO
At the right “price point,” global demand for natural gas will continue to expand, Shell plc CEO Wael Sawan said Monday. On the opening day of CERAWeek by S&P Global in Houston, Sawan told the industry audience that the transition to become a net-zero producer remains a goal by 2050. However, alternatives remain too expensive…
March 18, 2024Natural Gas Prices
Cooler Weather Outlook Bolsters Natural Gas Futures; Cash Rallies — MidDay Market Snapshot
Natural gas futures pull back from early highs but still in positive territory as weather models seen cooler over weekend April Nymex contract trading at $1.713/MMBtu as of 2:10 p.m. ET, up 5.8 cents “Changes over the weekend were colder, particularly for the Plains and Midwest” throughout 15-day projection period, according to Maxar meteorologist Brad…
March 18, 2024Trending News
Natural Gas Prices