Xcel Energy Inc. said Monday it sold a 760 MW natural gas-fired power plant in Minnesota to a merchant generator for $680 million, with plans to use the proceeds for its corporate giving efforts, including support for the ongoing Covid-19 response.
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Natural Gas Demand Destruction on Full Display in EIA’s Latest Storage Report
The U.S. Energy Information Administration (EIA) reported a 38 Bcf injection into natural gas storage inventories for the week ending April 3, coming in well above most estimates but besting NGI’s model by only 1 Bcf.
April 9, 2020
Natural Gas Demand Destruction on Full Display in EIA’s Latest Storage Report
The U.S. Energy Information Administration (EIA) reported a 38 Bcf injection into natural gas storage inventories for the week ending April 3, coming in well above most estimates but besting NGI’s model by only 1 Bcf.
April 9, 2020
NGI The Weekly Gas Market Report
More E&P Defaults Appear Likely from Coronavirus and Low Demand, with Blurry Outlook for OFS Sector
A potential deal on Thursday to end the oil price war between Russia and the Organization of the Petroleum Exporting Countries is likely not enough to stanch the fallout from Covid-19 in North America’s oil and natural gas industry, with one Lower 48 pioneer said to be on the cusp of declaring bankruptcy.
April 9, 2020
NGI The Weekly Gas Market Report
More E&P Defaults Appear Likely from Coronavirus and Low Demand, with Blurry Outlook for OFS Sector
A potential deal on Thursday to end the oil price war between Russia and the Organization of the Petroleum Exporting Countries is likely not enough to stanch the fallout from Covid-19 in North America’s oil and natural gas industry, with one Lower 48 pioneer said to be on the cusp of declaring bankruptcy.
April 9, 2020
NGI The Weekly Gas Market Report
Expected OPEC-Plus Curtailment Said ‘Good First Step, but Not Enough’ to Balance Oil Market
Market observers breathlessly awaited the outline of an agreement Thursday between the Organization of the Petroleum Exporting Countries (OPEC) and its allies to curb production and begin balancing a global market awash in crude.
April 9, 2020
NGI The Weekly Gas Market Report
Expected OPEC-Plus Curtailment Said ‘Good First Step, but Not Enough’ to Balance Oil Market
Market observers breathlessly awaited the outline of an agreement Thursday between the Organization of the Petroleum Exporting Countries (OPEC) and its allies to curb production and begin balancing a global market awash in crude.
April 9, 2020
Regardless of OPEC Curtailment, Oil Market Imbalance Said a ‘Demand-Driven Issue’
Market observers breathlessly awaited the outline of an agreement Thursday between the Organization of the Petroleum Exporting Countries (OPEC) and its allies to curb production and begin balancing a global market awash in crude.
April 9, 2020
Regardless of OPEC Curtailment, Oil Market Imbalance Said a ‘Demand-Driven Issue’
Market observers breathlessly awaited the outline of an agreement Thursday between the Organization of the Petroleum Exporting Countries (OPEC) and its allies to curb production and begin balancing a global market awash in crude.
April 9, 2020
NGI The Weekly Gas Market Report
LNG Market Facing Uncertainty After Record Year, GIIGNL Says
The liquefied natural gas (LNG) market had a banner year in 2019, with strong import growth and record production, but the trade faces tests in the year ahead as the coronavirus outbreak continues to impact nearly every facet, according to the trade group that represents companies active in importing worldwide.
April 9, 2020
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