NGI Archives

Coronavirus Clouds Outlook, but EIA Still Sees Henry Hub at $2.11 This Year

Coronavirus Clouds Outlook, but EIA Still Sees Henry Hub at $2.11 This Year

The Energy Information Administration (EIA) said Tuesday domestic oil and natural gas production are likely to fall this year as the coronavirus takes a chunk out of demand at home and abroad, but the federal agency maintained the same gas price it forecast in March.

April 8, 2020
Marathon Taking Frack ‘Holiday’ in Bakken, Eagle Ford as E&Ps Deal with Coronavirus Impacts

Marathon Taking Frack ‘Holiday’ in Bakken, Eagle Ford as E&Ps Deal with Coronavirus Impacts

The energy sector was quick to take a red pen to the 2020 budget in March as the coronavirus turned into a pandemic and the price war continued overseas, but some operators are finding they have to cut deeper in the face of uncertain demand for oil and gas.

April 8, 2020
Mexico’s Pemex Downgraded Again as AMLO Govt Fails to Impress — Bonus Coverage

Mexico’s Pemex Downgraded Again as AMLO Govt Fails to Impress — Bonus Coverage

Editor’s Note: Please enjoy this bonus coverage from NGI’s Mexico Gas Price Index, which includes daily prices, analysis and coverage of the emerging natural gas market in Mexico.

April 7, 2020
North American E&Ps Forecast to Slice Capex Up to 40%, Says Evercore

North American E&Ps Forecast to Slice Capex Up to 40%, Says Evercore

Pressured by global oversupply wrought by the coronavirus and the price war, most North American producers have slashed their capital spending on average by 35-40% year/year versus original guidance, but revisions globally are playing out differently, according to Evercore ISI.

April 7, 2020
Mexico’s Pemex Downgraded Again as AMLO Govt Fails to Impress — Bonus Coverage

Mexico’s Pemex Downgraded Again as AMLO Govt Fails to Impress — Bonus Coverage

Editor’s Note: Please enjoy this bonus coverage from NGI’s Mexico Gas Price Index, which includes daily prices, analysis and coverage of the emerging natural gas market in Mexico.

April 7, 2020
North American E&Ps Forecast to Slice Capex Up to 40%, Says Evercore

North American E&Ps Forecast to Slice Capex Up to 40%, Says Evercore

Pressured by global oversupply wrought by the coronavirus and the price war, most North American producers have slashed their capital spending on average by 35-40% year/year versus original guidance, but revisions globally are playing out differently, according to Evercore ISI.

April 7, 2020
Unsanctioned Global Oil, Natural Gas Projects Facing Uncertainty to Move Forward

Unsanctioned Global Oil, Natural Gas Projects Facing Uncertainty to Move Forward

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 6, 2020
Unsanctioned Global Oil, Natural Gas Projects Facing Uncertainty to Move Forward

Unsanctioned Global Oil, Natural Gas Projects Facing Uncertainty to Move Forward

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 6, 2020
Latin America Bracing Against Coronavirus, Commodities Downturn

Latin America Bracing Against Coronavirus, Commodities Downturn

Latin American nations, which with the exception of Brazil have now imposed tough stay-at-home measures in an attempt to slow the spread of Covid-19, are bracing for the public health and economic impacts of the virus just at a time when a deluge of cheap oil has flooded the global market, battering prices, and making life difficult for many producing nations.

April 2, 2020
Latin America Bracing Against Coronavirus, Commodities Downturn

Latin America Bracing Against Coronavirus, Commodities Downturn

Latin American nations, which with the exception of Brazil have now imposed tough stay-at-home measures in an attempt to slow the spread of Covid-19, are bracing for the public health and economic impacts of the virus just at a time when a deluge of cheap oil has flooded the global market, battering prices, and making life difficult for many producing nations.

April 2, 2020