Maintenance

Natural gas futures found fresh footing Monday for the first time in six sessions, supported by a cold shift in late November forecasts, while bears eyed next opportunities with supply still ample and another potential disruption at the Freeport LNG facility in Texas. At A Glance: Prompt month ends five-session slide Production jumps near 106…

Natural gas futures traded in a tight range of gains and losses to kick off the trading week, and the front month ultimately trended up slightly despite falling temperatures and waning weather-driven demand. At A Glance: Prompt month posts tiny gain Production above 100 Bcf/d NGI models 52 Bcf injection Coming off back-to-back modest gains…

With forecasts finally flashing more impressive heat over southern U.S. markets to strengthen the cooling demand outlook, natural gas forwards rallied during the June 1-7 trading period, NGI’s Forward Look data show. July fixed prices at benchmark Henry Hub added 6.1 cents during the period to finish at $2.328/MMBtu. Most Lower 48 hubs finished in…

‘Tis the season for pipeline maintenance, with a host of planned events fueling gains for some natural gas markets, according to NGI’s Forward Look. May forward prices averaged 5.0 cents higher from March 30-April 5, while the balance of summer (May-October) went unchanged from the prior period. The winter strip (November-March) also barely moved at…

Stronger cash prices, short-covering and caffeine following late-night celebrations as the Houston Astros swept the New York Yankees to advance to their fourth World Series in six years. Those were among the myriad reasons market observers gave for Monday’s recovery along the Nymex natural gas futures curve. At A Glance: HDDs added to long-range forecasts…

Royal Dutch Shell plc, the undisputed global leader of natural gas trading, reported a shortfall in sales and volumes during the second quarter, but many maintenance-related issues are expected to be resolved within weeks. Shell’s Integrated Gas business, which includes the estimable liquefied natural gas (LNG) arm, long has been a standout performer. However, in…

A roundup of news and commentary from NGI’s LNG Insight Cameron LNG confirmed Thursday that one of its three liquefaction trains is offline for maintenance. Feed gas deliveries declined from about 2 Bcf/d on Sunday to 1.4 Bcf/d on Thursday. A spokesperson said work on the train should be completed by the end of the…

A roundup of news and commentary from NGI’s LNG Insight Maintenance began on all three trains at Cheniere Energy Inc.’s Corpus Christi LNG export terminal on Thursday (4/8) and is scheduled to last until 7 a.m. CT Saturday (4/10), according to a filing with the Texas Commission on Environmental Quality.   U.S. feed gas deliveries dropped…

Though not completely unexpected, natural gas futures cratered Monday as long-range weather outlooks grew even milder. With December on track to come in within the Top 10 warmest on record, the January Nymex gas futures contract settled at $2.406, down 16.9 cents from Friday’s close. February dropped 15.3 cents to $2.433. Spot gas prices also…