Continued efficiency improvements are expected to be critical for natural gas and oil producers in the Permian Basin this year as cost inflation for oilfield services (OFS) takes full effect.
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U.S. Natural Gas Prices Forecast to Hold Steady in 2022, with LNG Exports Likely Facing More Volatility
Attempting to predict the direction of natural gas prices is much like predicting the weather. A week out, the weather forecaster or gas price prognosticator might hit the number on the nose. Two weeks out, a Winter Storm Uri look-alike could plunge temperatures below freezing with 24 hours’ notice, and gas prices could jump to record highs.
NGVs and RNG Set to Make Inroads Across Heavy-duty Truck Fleets
Heavy-duty fleet owners will likely continue to embrace natural gas vehicle (NGV) conversions in 2022, predicted the head of trade association NGVAmerica.
Global Demand for U.S. Natural Gas Grows, Along with Climate Scrutiny
The U.S. natural gas industry is facing regulatory pressure on multiple fronts this year as global demand continues to rise.
Certified Natural Gas, Particularly for LNG Exports, Said Likely to Fetch Premium Prices
Commitments to responsibly produce U.S. natural gas surged in 2021, and this year is expected to be even better, as the energy world works to reduce emissions, according to experts.
North American Midstream Sector Advancing Greener Fuels while Meeting Growing Natural Gas Needs
The U.S. midstream sector is involved in the development of renewable natural gas (RNG), hydrogen, responsibly sourced gas (RSG), carbon capture and other emissions-reducing projects in every region of the country. However, over the next 11 months, executives from some of the largest midstream companies said the focus is to intensify on engagement, collaboration and new partnerships that enhance the role of natural gas in the energy transition.
Rebalancing Europe Seen Driving LNG Market Toward Another Volatile Year
It promises to be another volatile year for the liquefied natural gas (LNG) trade as the market continues to rebalance with European storage inventories woefully short and much riding on the rest of this winter.
U.S. E&Ps, OFS Players Expected to Reset in 2022, with Eyes on Inflation, Supply Chains
Natural gas and oil producers in the United States are likely to increase their overall capital spending this year as they face a supply chain squeeze, labor issues and higher prices for services, but the mantra to remain disciplined has not changed.
U.S. Seen Gaining Momentum in 2022 on Imperative to Better Measure LNG Emissions
The liquefied natural gas (LNG) industry is poised for a milestone year on the path toward establishing emissions measurements across the value chain, particularly in the United States, where suppliers have made progress in a way that could give them a commercial advantage.
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.