LNG

The United Kingdom’s government has commissioned a study of unconventional natural gas extraction, again opening a door to shale development in the country more than two years after it was shut by regulators.  Business and Energy Secretary Kwasi Kwarteng has asked the British Geological Survey for a report by the end of June.  The request…

After eclipsing the $6.00 threshold, natural gas futures showed no signs of slowing down in early trading Wednesday, advancing further against a backdrop of strong demand and supply adequacy concerns.  Coming off a 32.0-cent rally in the previous session, the May Nymex contract was up another 34.5 cents to $6.377/MMBtu at around 8:45 a.m. ET.…

Nearly 350 Bcf of U.S.-produced certified natural gas is available for digital trading, and differentiated gas export volumes could soon be in the queue, MiQ’s top executive said Tuesday.  “With 350 Bcf of independently certified gas ready for transacting on MiQ’s Digital Registry, we have succeeded in creating a market capable of rewarding better methane…

German utility EnBW Energie Baden-Württemberg AG could buy natural gas from a proposed import terminal in the country near Stade after committing to shunning supplies from Russia. EnBW signed a memorandum of understanding with the developer Hanseatic Energy Hub to possibly buy 3 billion cubic meters/year (Bcm/y) of liquefied natural gas (LNG) after it ramps…

The European Union (EU) said Tuesday it would ban Russian coal imports worth 4 billion euros ($4.4 billion) annually as part of a fifth round of sanctions against the country. “This will cut another important revenue source for Russia,” said European Commission (EC) President Ursula von der Leyen.

Shell plc’s Trinidad and Tobago (T&T) subsidiary has started production from two areas in its offshore Colibri project, boosting natural gas production for the dual-island, gas-rich nation. Colibri is expected to add 30,000 boe/d, or 174 MMcf/d of near-term gas with peak production of around 43,000 boe/d (250 MMcf/d) through a series of four subsea…

Natural gas futures treaded water early Monday as traders looked for fresh direction amid the continued war in Ukraine. After spending much of the afternoon in positive territory, a trio of bearish headwinds eventually left the May Nymex contract nearly unchanged at $5.712/MMBtu. June also barely budged, off two-tenths of a cent to $5.793. Spot…

Two liquefied natural gas (LNG) export projects planned for Mexico’s Pacific Coast have reached significant milestones in recent days.  The projects comprise Sempra Infrastructure’s Vista Pacífico LNG terminal planned for Topolobampo, Sinaloa, and Mexico Pacific Ltd.’s (MPL) liquefaction project envisioned for Puerto Libertad, Sonora.  Sempra Infrastructure and TotalEnergies SE are expanding their “strategic alliance” in…

European natural gas prices were muted Monday despite the threat of additional sanctions on Russian energy exports to the continent and the possibility of further supply disruptions if buyers there don’t pay in rubles as the country has demanded. Alleged atrocities by the Russian military near Kyiv prompted a new round of calls for more…