Story of the day
Devon Supporting Efforts to Sanction Another Permian Natural Gas Pipe, Says CFO
Markets
Natural Gas Futures Extend Rally as Supply/Demand Catalysts Align; Spot Prices Mixed
Natural gas futures continued their winning ways on Monday, advancing for a third straight day amid supply curtailments, improving LNG levels and forecasts for late-May heat. At A Glance: Production hovers at 97.5 Bcf/d Feed gas volumes add strength NGI models 77 Bcf storage build After gaining more than 20 cents over the final two…
May 6, 2024LNG
Israel Explores Diversifying Natural Gas Exports with LNG Facility
Israel is exploring options for building an onshore or floating LNG (FLNG) facility offshore, potentially expanding the country’s lucrative natural gas exports and its foothold in the global market. Over the past several years, the Israeli Energy Ministry has taken steps to use two of the country’s massive gas discoveries, the Tamar and Leviathan fields,…
May 6, 2024MidDay Alert
Natural Gas Futures Finding Further Upside — MidDay Market Snapshot
With recent developments supporting the summer export demand outlook, natural gas futures were headed for a third straight daily gain through midday trading Monday. Here’s the latest: June Nymex futures at $2.206/MMBtu, up 6.4 cents, as of 2:17 p.m. ET Nymex natural gas speculators increased their collective net short position during the week ended April…
May 6, 2024Mexico
Mexico’s Next Government Needs to Reinforce Competitive Market for Energy Security — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. As Mexico prepares for its pivotal elections in June, energy policy has acquired a special place in public discourse. In the second…
May 6, 2024Trending News
Haynesville Shale