natural gas

Opposition candidate Xóchitl Gálvez promises to shake up Mexico’s energy sector if she wins the elections in June. Gálvez would respect the laws of competition as enshrined in the constitution, promote the domestic production of natural gas and renewable energy and work to develop a regional energy strategy, Rosanety Barrios, the head of her energy…

April Nymex natural gas futures extended gains Tuesday with bulls feeding on near-term weather forecasts that would support a bump in demand and a pullback in the widening of natural gas storage surpluses. At A Glance: Futures add to prior gains Demand boosted by chill Cash gas up, Texas negative The front-month contract settled 4.1…

Natural gas futures pulled back from early highs, still ending the week’s opening session with a gain as near-term cold weather that could prevent surpluses in natural gas inventories from widening further offered some support. The April Nymex natural gas futures contract settled Monday at $1.703/MMBtu. Prices rallied early to a high of $1.762 but…

Mexico faces an election in June amid rising natural gas demand and infrastructure needs. See what NGI analysts gleaned from the recently completed 4Q2023 earnings season. SLB Corp. (SLB): CEO Olivier Le Peuch told investors on SLB’s 4Q2023 earnings conference call that “in the international markets, we expect full year revenue growth reaching the mid-teens…

Natural gas futures fell Friday, tripped up by warmer forecasts for late March and additional work at the Freeport LNG terminal that could offset volume gains from a restart of its third train. At A Glance: Production at 100.8 Bcf/d National Avg. gains for second day Freeport LNG inspections offset restart The April Nymex contract…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Almost 10 years have passed since the formation of Cenagas, the operator of Mexico’s Sistrangas natural gas pipeline network. The first open…

Natural gas futures dropped sharply midday amid speculation over potential repairs at Freeport LNG terminal April Nymex contract climbed to near $1.720/MMBtu before sell-off kicked in around 12:40 p.m. ET Front month off 8.6 cents to $1.655 as of 2:28 p.m. ET Per Bloomberg report: Freeport Train 3 restarting, but repairs expected for liquefied natural…

Natural gas futures found fresh footing Thursday, supported by a weekly storage report that slightly beat estimates and signs that the Freeport LNG export terminal may be preparing to restart its third train. At A Glance: Production falls to 100.8 Bcf/d  Freeport power use hints at restart National Avg. rises 1.0 cent $1.145 The April…

North American natural gas futures gained some ground on Thursday but overall, prices continued to languish. After six straight sessions of losses, the New York Mercantile Exchange contract for April rose on Thursday by 8.3 cents/MMBtu day/day to settle at $1.741.  There was little room for optimism, though, for natural gas bulls. AccuWeather said the…