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Tag: Natural gas

Global Natural Gas Production Decreased by 3.6% in 2020

The world production of natural gas fell by 3.6% – to 3,918 bcm last year This was facilitated by low prices for hydrocarbons, which, in…

LNG traders look forward to a swift 2021 rebound

(Bloomberg) –Liquefied natural gas traders anticipate a swift demand recovery in 2021 after a year in which the coronavirus pandemic prompted dramatic price swings Colder…

Natural Gas Prices Plunge 10% On Extremely Bearish Weather Forecast

Natural gas futures are down more than 10% on Monday morning following new weather models that suggest warmer weather is ahead Meteorologists at BAMWX show one model…

Russia’s Gazprom Boosts Natural Gas Supplies To China

Russia’s natural gas monopoly Gazprom has increased its natural gas supply to China via the new pipeline Power of Siberia in July and August, compared…

Natural Gas Prices Tank, But Regional Price Differentials Narrow

Along with WTI and Brent crude prices, natural gas prices fell precipitously on Tuesday, but the regional differences in gas prices during the last couple…

Warren Buffett bets $9.7 billion on a long future for natural gas

Warren Buffett’s $9.7 billion bet on natural gas looks even more contrarian today. As Democrat Joe Biden unveils a staggering $2 trillion clean-energy plan—the most…

Gazprom’s Hold On European Gas Market Slips

The record stockpile of natural gas in northwest Europe and Italy is eating into the regions’ thirst for Gazprom’s product, according to Reuters, and the…

U.S. Supreme Court Grants Right-Of-Way To Key Natural Gas Pipeline

The U.S. Supreme Court sided with the developers of a natural gas pipeline project, clearing some of the obstacles to the completion of the Atlantic…

Natural Gas Prices Could Double Next Year

April has seen a marked reversal of fortunes for shale oil drillers in the United States. The price for May deliveries of West Texas Intermediate…

Minister: Russia expects record gas supplies to Europe

“Russia’s gas exports are growing by 6-7% annually. This year there will be the most record gas deliveries to Europe. We are reaching peak volumes…

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