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Natural Gas Futures Retreat as TC Energy Limits Effects of Western Canada Pipeline Rupture
Natural Gas Prices
Canadian Natural Gas Production Holds Strong, on Track for Record Year Despite Price Weakness
Natural gas production held near all-time highs through the first quarter in Canada, even as prices slumped following a mild winter that left supplies in storage at robust levels. That’s because producers are looking beyond near-term weakness and toward an anticipated jump in export demand, according to analysts. LNG Canada is slated to begin operations…
April 17, 2024LNG
Industry Rails Against Biden LNG Pause With Research on Environmental Advantages
U.S. natural gas trade groups this week unveiled a study to demonstrate that American LNG is mostly better for the environment than competing fossil fuels in overseas markets as they continue to push back against the Biden administration’s pause on export project authorizations. “American natural gas is not only critical to our economy, but it…
April 17, 2024LNG
Freeport LNG’s Extended Drop in Feed Gas Adds Pressure to U.S. Natural Gas Demand
Flows of natural gas to Freeport LNG have remained at a trickle for a week, fueling market concern that possibly all three trains at the facility could be offline after a reported issue with Train 3 last week. Nominations for natural gas to the liquefied natural gas facility had been reduced to about one-fourth of…
April 17, 2024E&P
Kimmeridge Looks to Add to SilverBow’s Board After Pulling Merger Offer
Activist investor Kimmeridge Energy Management Co. LLC has withdrawn its proposal to merge its natural gas-focused subsidiary with Eagle Ford Shale producer SilverBow Resources Inc. The New York-based investment firm, which holds a 12.9% stake in SilverBow, in March proposed a tie-up between Kimmeridge Texas Gas LLC (KTG) and the Eagle Ford producer along with…
April 17, 2024Recent News
Natural Gas Prices
