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U.S. Seen Gaining Momentum in 2022 on Imperative to Better Measure LNG Emissions
Natural Gas Prices
Natural Gas Forwards Fly High on January Cold, But Volatile Futures Flounder
With the heart of the winter heating season poised to deliver impressive chills for key portions of the Lower 48, natural gas forward prices surged higher during the Jan. 5-12 trading period, though a sharp sell-off for Nymex futures Thursday suggested recent gains may have been overdone. Fixed price Henry Hub contracts for February delivery…
January 14, 2022Infrastructure
Senate Votes Against Nord Stream 2 Sanctions as Political Tensions and European Prices Continue to Rise
Russian aggression toward Ukraine continued to stress European alliances and global natural gas prices Friday following the defeat of sanctions for the 5.3 Bcf/d Nord Stream 2 (NS2) pipeline in the Senate. The sanctions – brought by Sen. Ted Cruz (R-Texas) Thursday night as part of a deal with Sen. Majority Leader Chuck Schumer (D-New…
January 14, 2022LNG
Morocco Exploring Natural Gas Supply Alternatives After Losing Algerian Contract
The government of Morocco has invited bids to consider a floating storage and regasification unit (FSRU) and associated infrastructure at Mohammedia Port near Casablanca, the Agence Nationale des Ports (ANP) said this month. Last November, Algeria canceled its long-term 1 billion cubic meters (Bcm)/year supply contract to Morocco via the Maghreb-Europe Gas Pipeline because of…
January 13, 2022E&P
API Working to Ensure Federal Natural Gas, Oil Leasing Continues, Emissions Drop
To ensure the United States holds its mantle as a top natural gas and oil producer, the American Petroleum Institute (API) plans to push for continued access to federal leasing and advocate that producers advance their work to reduce carbon emissions.
January 13, 2022Trending News
Natural Gas Prices
