LNG

BREAKING: U.S. EIA reports a 45 Bcf injection into natural gas storage inventories for the week ending Aug. 21 Cameron LNG joins Sabine Pass in shutting down operations as Hurricane Laura slams Louisiana coast With a Category 4 hurricane targeting natural gas export facilities and other energy infrastructure on the Gulf Coast, gas traders struggled…

The U.S. Energy Information Administration (EIA) reported a 45 Bcf injection into natural gas storage inventories for the week ending Aug. 21, a figure that was right in line with consensus but below the year-ago and five-year average builds. September Nymex gas futures, trading more than 12 cents higher ahead of expiration later Thursday at…

Hurricane Laura gaining strength as it barrels toward U.S. Gulf Coast LNG export facilities reduce operations; TGP shuts Louisiana compressors Cash slides as demand starts to soften ahead of storm’s landfall Natural gas traders were on high alert Tuesday as Hurricane Laura churned toward the Gulf Coast, with impacts to supply and demand reverberating across…

Natural gas traders were on high alert Tuesday as Hurricane Laura churned toward the Gulf Coast, with impacts to supply and demand reverberating across the market ahead of the storm’s projected landfall late Wednesday or early Thursday. Volatility was on full display, with the September Nymex gas futures plunging to an early $2.451 intraday low…

Nymex natural gas futures rally again as pair of Gulf storms disrupt production Demand destruction expected; LNG facilities prepare Cash prices rise as warmer weather moves east Natural gas futures jumped as much as 10 cents to start the week, supported by a steep drop in production ahead of two tropical systems moving through the…

Wipro Ltd. said Thursday it has implemented a blockchain-based small-scale liquefied natural gas (LNG) trading/fulfillment platform for Uniper Global Commodities SE and its LNG-for-trucks subsidiary, Liqvis GmbH. Blockchain is a distributed ledger that can initiate and verify transactions on a network as they occur. Small-scale LNG solutions, mainly involving transport by truck, are an increasingly…

LNG demand optimism drives another rally for natural gas futures Pair of tropical storms taking aim at Gulf Coast Cash prices decline amid light weekend demand After a bit of choppy trading, natural gas futures closed out the week on stronger footing after an earlier slide into the red. The September Nymex gas futures contract…

Loose EIA stat sends Nymex natural gas futures lower Clarity likely forthcoming on future LNG demand Spot gas prices mostly lower as Western heat eases It took some convincing, but traders have woken up to the incredible looseness still penetrating the natural gas market. After a bearish storage report, the September Nymex gas futures contract…

Chevron Corp. plans to shutdown Train 1 at the Gorgon liquefied natural gas (LNG) plant in Australia to inspect for damage after the second train is placed back online, a spokesperson said Thursday. Chevron, which operates the three-train facility and has a 47.3% stake, is progressing on repairs to Train 2, which was shut in…