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Natural Gas Futures Retreat as Freeport Hiccup, Expected Bearish Storage Print Spook Traders
LNG
Navigating the New LNG Regulatory Landscape – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Neil Chatterjee, a former FERC chairman and commissioner, joins NGI’s Jamison Cocklin, managing editor of LNG, to discuss the political and regulatory aspects of President Biden’s pause on authorizing new liquefied natural gas export projects. Chatterjee, an environmental and energy attorney…
April 25, 2024Natural Gas Prices
May Natural Gas Futures Shake Off Plump Build to Narrow Declines
The latest natural gas storage report by the U.S. Energy Information Administration (EIA) surprised the market with a bigger-than-expected 92 Bcf injection for the week ended April 19. Natural gas futures initially responded by trading lower before narrowing their day/day decline. The May Nymex contract was trading 3.6 cents lower day/day at around $1.617/MMBtu in…
April 25, 2024Energy Transition
Premium Too High for Customers Requesting Renewable Fuels, Natural Gas Suppliers Say
Natural gas end users are increasingly focused on sustainability and have shown a keen interest in the availability of low carbon fuel options. Still, the question often arises – are they willing to pay a premium? At the recent LDC Gas Forums Southeast in Ponte Vedra Beach, FL, executives of local distribution companies and natural…
April 25, 2024Earnings
Baker Hughes CEO Heralds ‘The Age of Gas,’ Touts LNG as Climate Solution
The world’s energy companies are becoming more pragmatic in their approach to reaching net-zero emissions and Baker Hughes Co.’s customers plan to boost their natural gas exposure in the coming years, CEO Lorenzo Simonelli said. It is “becoming clearer just how complex the undertaking is for the transition of the world’s energy ecosystem,” Simonelli said…
April 25, 2024Recent News
Energy Transition