Until people are traveling again, on the road or in the air, the economic benefits of cheap oil “remain largely theoretical,” as Covid-19’s hit to global demand is worse than the impact of the financial crisis, according to Raymond James & Associates Inc.
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Energy Regulators in California Race to Get Ahead of Covid-19
California energy officials indicated last Friday they are taking steps to track and mitigate the coronavirus stay-home mandates’ impact on the energy mix in the nation’s most populous state.
April 6, 2020
Energy Regulators in California Race to Get Ahead of Covid-19
California energy officials indicated last Friday they are taking steps to track and mitigate the coronavirus stay-home mandates’ impact on the energy mix in the nation’s most populous state.
April 6, 2020
NGI The Weekly Gas Market Report
Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist
Uncertainty continues to mount across the global natural gas market with key buyers from Europe to South Asia sidelined by measures to slow the coronavirus, raising questions about how suppliers across the world will respond to the possibility of an extended downturn in demand as inventories fill.
April 3, 2020
Natural Gas Futures Called Lower as Latest EIA Print Implies Covid-19 Demand Destruction
Natural gas futures were trading slightly lower early Friday as analysts found signs of Covid-19 demand destruction in the latest government inventory data. The May Nymex contract was down 1.1 cents to $1.541/MMBtu at around 8:45 a.m. ET.
April 3, 2020
Natural Gas Futures Called Lower as Latest EIA Print Implies Covid-19 Demand Destruction
Natural gas futures were trading slightly lower early Friday as analysts found signs of Covid-19 demand destruction in the latest government inventory data. The May Nymex contract was down 1.1 cents to $1.541/MMBtu at around 8:45 a.m. ET.
April 3, 2020
NGI The Weekly Gas Market Report
Greenfield Natural Gas, Oil Projects in Pre-FID ‘All At Risk’ for Deferral on Covid-19 Pandemic
The global natural gas and industry undoubtedly will see a dramatic pullback in sanctioned projects this year, with only 10 of more than 50 now in the pipeline likely to proceed, with well financed deepwater and niche liquefied natural gas (LNG) facilities the possible bets to rise above the carnage, according to Wood Mackenzie.
April 3, 2020
NGI The Weekly Gas Market Report
Greenfield Natural Gas, Oil Projects in Pre-FID ‘All At Risk’ for Deferral on Covid-19 Pandemic
The global natural gas and industry undoubtedly will see a dramatic pullback in sanctioned projects this year, with only 10 of more than 50 now in the pipeline likely to proceed, with well financed deepwater and niche liquefied natural gas (LNG) facilities the possible bets to rise above the carnage, according to Wood Mackenzie.
April 3, 2020
North America’s Natural Gas, Oil Capex Still Shrinking as Demand Destroyed by Oil Price War, Covid-19
The start of the second quarter has not been a good one for the oil and gas industry, as it appears no global operator will be spared from the devastating oil price war and deadly coronavirus pandemic.
April 3, 2020
North America’s Natural Gas, Oil Capex Still Shrinking as Demand Destroyed by Oil Price War, Covid-19
The start of the second quarter has not been a good one for the oil and gas industry, as it appears no global operator will be spared from the devastating oil price war and deadly coronavirus pandemic.
April 3, 2020
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