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ConocoPhillips, Marathon Oil Join Mega Merger Parade to Create Giant in U.S. Onshore
Mexico
Mexico Natural Gas Prices Lower, Imports Higher Than When AMLO Came to Office – Spotlight
North American natural gas prices for the coming months remained pressured on the low side this week at around $2.500/MMBtu as Mexico turned its attention to this weekend’s historic presidential elections. Overall, natural gas prices are lower now than when Mexicans last went to the polls in 2018. NGI’s Bidweek price at the Henry Hub…
May 30, 2024Natural Gas Prices
Natural Gas Forwards Plummet as Production Seen Returning
Regional natural gas forwards sold off heavily during the May 23-29 trading period as the unofficial start of summer — and the ramp up in prices during the month of May — brought a shift in the production outlook. June fixed prices at benchmark at Henry Hub tumbled 34.4 cents for the period to finish…
May 30, 2024Natural Gas Prices
Potentially ‘Extraordinary’ Hurricane Season Nears, with Natural Gas Demand and Prices Said Vulnerable
If forecasts prove accurate, natural gas production and demand could each prove susceptible to an exceptionally active hurricane season – though the latter is likely more vulnerable, analysts said. The National Oceanic and Atmospheric Administration (NOAA) said in its May outlook that it predicted eight to 13 hurricanes and 17 to 25 named storms. When…
May 30, 2024International
Argentina Wades Into Crowded Spot Market to Meet Winter Demand – Three Things to Know About the LNG Market
NO. 1: Argentina’s Enarsa PDV SA has purchased eight spot LNG cargoes as it grapples with a cold snap ahead of winter in the Southern Hemisphere, which begins next month. The buy tender closed on Tuesday with offers from Engie SA, Glencore plc, RWE AG, Trafigura Pte. Ltd., TotalEnergies SE and Vitol Inc., according to…
May 30, 2024Trending News
Natural Gas Prices
Potentially ‘Extraordinary’ Hurricane Season Nears, with Natural Gas Demand and Prices Said Vulnerable
May 30, 2024International
Argentina Wades Into Crowded Spot Market to Meet Winter Demand – Three Things to Know About the LNG Market
May 30, 2024Power Generation