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IGU Again Finds Gas-on-Gas Competition Increasing as LNG Spot Deals Grow

IGU Again Finds Gas-on-Gas Competition Increasing as LNG Spot Deals Grow

The world again saw an increase of natural gas buying at prices tied to dominant hubs and indices last year as the number of purchases linked to competing fuels like crude oil declined in an ongoing shift influenced by a sharp spike in liquefied natural gas (LNG) spot trading, according to the International Gas Union…

July 2, 2020

Enterprise, Enbridge Developing Deepwater Oil Terminal to Load VLCCs Offshore Texas

Affiliates of Enterprise Products Partners LP and Enbridge Inc. said Monday they have a letter of intent to jointly develop a deepwater oil terminal in the Gulf of Mexico capable of fully loading very large crude carriers (VLCC).

December 9, 2019

Natural Gas Futures Gain on Warmer-Trending August, Storage Deficits

Natural gas futures climbed Tuesday as storage concerns and warmer forecast trends for August helped prices bounce off support. In the spot market, one day after posting its highest average in at least a decade on a combination of sweltering temperatures and infrastructure constraints, SoCal Citygate pulled back to post a slightly less astronomical premium; the NGI National Spot Gas Average fell 29 cents to $2.93.

July 24, 2018
Natural Gas Futures Stable Ahead of EIA Storage Data; Mild Weather Limits Spot Price Moves

Natural Gas Futures Stable Ahead of EIA Storage Data; Mild Weather Limits Spot Price Moves

Natural gas futures traded near even Wednesday as the market opted to stay put ahead of the release of government storage data expected to show a ramp up in injections. Shoulder season weather continued to limit spot market action across most regions, though prices fell in constrained West Texas and across much of the West; the NGI National Spot Gas Average fell 3 cents to $2.32.

May 9, 2018

Tide Rolling Out on LNG Price Support, BofA Merrill Lynch Says

The tide of factors that lifted prices for spot liquefied natural gas (LNG) last year is rolling out, and analysts at Bank of America Merrill Lynch (BofAML) say they are “bearish” on LNG prices relative to crude oil.

January 6, 2017

Henry Hub Spot Price Headed Higher to $3.27/MMBtu in 2017, EIA Says

Growing domestic consumption of natural gas and increasing exports, both via pipelines to Mexico and liquefied natural gas to other markets, will help to boost prices next year higher than previously forecast, according to the Energy Information Administration (EIA).

December 6, 2016

NatGas Cash, Futures Gain; $3-Plus Henry Spot by December?

Next-day natural gas values rose modestly in trading Tuesday as most points recorded gains of a few pennies to a nickel or more.

May 17, 2016

NatGas Cash, Futures Gain; $3-Plus Henry Spot by December?

Next-day natural gas values rose modestly in trading Tuesday as most points recorded gains of a few pennies to a nickel or more.

May 17, 2016

Groups Lobby to Keep Canadian NatGas, Bitumen at Home

Armed with fresh benefits forecasts, Canadian domestic industry is reviving a generations-old crusade for a priority spot on energy policy agendas dominated by government support for export pipeline projects.

April 22, 2013

Keep Canadian NatGas, Bitumen at Home, Says Group

Armed with fresh benefits forecasts, Canadian domestic industry is reviving a generations-old crusade for a priority spot on energy policy agendas dominated by government support for export pipeline projects. Provincial and federal authorities are being told that enough current refining and petrochemical development opportunities have been identified in Alberta alone to add about C$6.4 billion to Canada’s annual gross domestic product and create 18,600 jobs.

April 22, 2013
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