Dutch and British wholesale gas prices were range bound on Friday morning amid a lack of fundamental news and sufficient supply.
Free ReadBearish shoulder-season fundamentals have made prompt gas prices at Henry Hub fall to their lowest level in five months at just above $3/MMBtu. Appalachia production stayed robust, despite seasonal maintenance, while Haynesville basin output is set to rise by 1 bcf/d year-on-year, weighing on prompt prices. Fundamentals are largely influencing…
Yesterday, a European Parliament committee voted for the lowering of gas storage targets.
Indian energy importers have reduced the volume of LNG purchased from abroad in favour of oil products, due to rising prices.
Free ReadUS President Donald Trump's Energy Security Council plans to host a summit in Alaska in early June to sell the concept of Alaska LNG. The US administration hopes both Japan and South Korea will announce commitments to the project, newswires reported yesterday. Trump is marketing the $44 bill Alaska LNG…
The US LNG industry has warned that Trump administration’s protectionist measures targeting Chinese ships could threaten the US' future status as the world's top LNG supplier.
Morocco and Nigeria are to create a joint venture company to manage a $25 bill pipeline, which will transport gas to Europe, a Moroccan Minister has confirmed.
Free ReadStrong financial performance helped Swiss-based MET Group to reinforce its role as an energy transition company, it claimed in its 2024 results roundup. Throughout 2024, MET Group maintained its position as one of the fastest-growing independent energy suppliers in Europe. MET achieved its third most profitable year on the back…
US-based Hanwha Shipping is looking to build the first LNGC in the US, as a result of the recently released US Trade Representative (USTR) mandate on LNG exports.
US engineering company, Honeywell and Argent LNG are to assess the use of Honeywell’s pre-treatment solutions at a new LNG export terminal to be constructed at Port Fourchon, Louisiana.