Europe is expected to have enough natural gas to get through the winter, but a set of variables leaves the continent facing “unprecedented risks” that could have even deeper repercussions next year and beyond. Natural gas storage inventories on the continent are nearly full. Preserving those stockpiles, particularly during the depths of winter, depends on…
Articles from European
Limits in Short-term Gulf Coast LNG Export Capacity Could Fuel Price Slump as Production Builds
Limited additions to pipeline infrastructure and a slower expansion of LNG terminals on the Gulf Coast are expected to stymie U.S. natural gas demand in early 2023 before helping fuel the region’s export growth over the long term. The Gulf Coast has become the epicenter for U.S. liquefied natural gas since the Lower 48’s first…
Global Oil, Natural Gas Prices Fall as Sanctions on Russia Fail to Bite Energy Exports
Global oil and natural gas prices tumbled Friday as sanctions imposed by the United States and its allies excluded Russian energy exports. After surging by roughly 50% this week, the rally in European natural gas prices stopped Friday. British and Dutch futures were down across the curve as Russian natural gas deliveries to Europe increased.…
NGI The Weekly Gas Market Report
Business as Usual at U.S. LNG Export Terminals Amid Outbreak, but Overseas Markets Reeling
Inclement weather along parts of the Gulf Coast has so far done more in recent weeks than the coronavirus to impact operations at U.S. liquefied natural gas (LNG) export terminals, but operators are keeping a close eye on developments at home and abroad as the disease spreads.
European Model ‘Considerably Warmer’ Overnight as Natural Gas Futures Called Lower
After some notably warmer forecast trends overnight, natural gas futures were trading slightly lower early Friday. The May Nymex contract was down 1.5 cents to $2.697/MMBtu shortly after 8:30 a.m. ET.
U.S. Said to Threaten German Companies Regarding Nord Stream Gas Pipeline
The U.S. ambassador to Germany reportedly warned that German companies working on Russia’s controversial Nord Stream 2 natural gas pipeline could be subject to sanctions, including disqualification from participating on projects.
Trump, EU Agree to Work Toward More U.S. LNG Exports to Europe
The United States and the European Union (EU) appeared to take a step back from an escalating trade war on Wednesday, with each pledging to negotiate a bilateral trade deal that would eliminate tariffs on steel and aluminum, among other things, and for Europe to build additional liquefied natural gas (LNG) import terminals, allowing member countries to purchase more U.S. gas.
Canada LNG Exports — Both West and East — Facing Global Cost Pressures, Says CERI
Formidable cost obstacles confront British Columbia (BC) plans to break into global liquefied natural gas (LNG) markets, while Nova Scotia export proposals face even higher hurdles, according to the Canadian Energy Research Institute (CERI).
Europe’s Big Oil Operators Said Outperforming U.S. Peers in Shift to NatGas, Renewables
European oil majors, including many with extensive U.S. operations, outperform their domestic peers in preparing for a low-carbon future as they shift to more natural gas production and invest in alternative energies, a new analysis has found.
U.S. LNG Exports No Panacea for Europe, Report Finds
U.S. exports of liquefied natural gas (LNG) will strengthen Europe’s bargaining position with Russia and help create a more diverse global gas market, but they won’t solve the current crisis in Ukraine or free Europe from Russian gas, and they are unlikely to cause the Kremlin to change its foreign policy, according to Columbia University’s Center on Global Energy Policy.