Freeport Lng

Russia’s war in Ukraine has helped propel the next wave of U.S. LNG projects, putting the country on track to export 22.3 Bcf/d of the super-chilled fuel this decade. Since last year, the Corpus Christ Stage 3 expansion, Plaquemines and Port Arthur liquefied natural gas projects have all been sanctioned. Along with Golden Pass LNG,…

Range Resources Corp.’s outgoing CEO Jeff Ventura was upbeat about the long-term prospects of the company and the Marcellus Shale in his final quarterly earnings call with the firm on Tuesday (April 25). Ventura and his management team highlighted Range’s liquids-rich, low-cost Appalachian Basin pure-play portfolio, as well as the importance of natural gas to…

Natural gas futures, under heavy pressure most of 2023 amid mild weather and strong production, found a path forward for a second consecutive session on Wednesday as traders focused on export strength and expectations for a bullish inventory report.  At A Glance: Prompt month posts 4.9-cent gain Analysts see low 20s Bcf withdrawal Production slowed…

Natural gas futures fell Monday, kicking off the new month much in the way 2023 has gone so far – under pressure from strong production, modest weather-driven demand and stout storage supplies. At A Glance: Prompt month sheds 11.9 cents Production, supplies robust Weakening weather outlook The May Nymex gas futures contract settled at $2.097/MMBtu,…

The selloff continued for the majority of U.S. natural gas forward markets in the final week of March as production proved too lofty amid declining weather-driven demand and healthy inventory levels.  The April contract rolled off the board between 10 and 20 cents lower, while the May contract – which took over the prompt-month position…

The April Nymex natural gas futures contract floundered on its final day as the front month – a third consecutive loss – as the intersection of robust production and waning demand again captured traders’ attention. At A Glance: Production offsets LNG demand Analysts see 50s Bcf withdrawal May takes over as prompt month April futures…

European Union (EU) energy ministers agreed Tuesday to advance a measure that would give members the option of banning Russian LNG imports.

Against a consistent backdrop of lackluster natural gas demand, robust production, lagging exports and unseasonably high storage inventories, forward prices continued to crumble during the March 16-22 period, according to NGI’s Forward Look. Natural gas fixed prices declined more than 30.0 cents on average for April, with several U.S. locations recording even steeper decreases for…

Natural gas futures on Wednesday lost ground for the third time in four sessions, succumbing to spring weather expectations and stout production levels. The April Nymex gas futures contract settled at $2.171/MMBtu, down 17.7 cents day/day. May fell 17.8 cents to $2.307. At A Glance: Front month sheds 17.7 cents day/day Next-day cash prices under…