UK spot gas prices were sliding again Thursday morning, compared with Wednesday's close, as the system remained well supplied and demand low, and with regular deliveries of Qatari LNG recently. By 09:25 UK time, the NBP within-day had ...
Tags: LNG terminal, Spot Gas
Malaysia has approved a 20% increase in natural gas prices for industrial and commercial sectors in the west of the country, effective May 1, in order to reflect the cost of procuring more expensive imported LNG. Domestic natural gas ...
Tags: natural gas, LNG Cost
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday lowered 39.49 cents, or 19.5%, to a three-week low of $1.6313/gal, a review of US Department of Agriculture and Platts data showed. ...
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM
UK NBP wholesale gas prices eased Thursday morning while retaining some risk premium relating to tensions between Russia and Ukraine. At 11:00 London time, the within-day contract was valued at 51.20 pence/therm, down by 0.25 p/th, and ...
Tags: gas network, LNG tankers, LNG
The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...
Tags: natural gas, analyst, Coal
Pakistan's biggest oil and gas explorer, Oil and Gas Development Co., has increased the price of gas sold to twin distributors -- Sui Northern Gas and Sui Southern Gas -- by almost 8%, the company said in a statement Wednesday. The Oil ...
Tags: oil, gas explorer, Sui Southern Gas
The US will export 101 million st of coal this year and 96 million st in 2015, the US Energy Information Administration said Tuesday, down from March projections of 103 million st and 99 million mt, respectively. Continued economic ...
Tags: Coal Exports, Coal-fired power
Global ports expect to see LNG account for 13% of the bunker fuel market supply come 2020 and 24% by 2025, according to a Lloyd's Register report Monday. Lloyd's global marketing manager Luis Benito shared the observations at a media ...
Tags: LNG, Bunker Fuel Supply
Gas prices on the European prompt markets fell sharply Wednesday, extending the previous day's steep losses, on reduced demand and increased Norwegian flows. The day-ahead gas contract in the Netherlands TTF hub traded below Tuesday's ...
The establishment of an Asian regional gas trading hub is still at least five years away, International Gas Union President Jerome Ferrier told a press conference in Sydney Tuesday. LNG importers in Asia are studying plans to establish a ...
Tags: LNG importers, gas, natural gas
Gas contracts on European prompt markets extended last week's losses Monday on reduced demand ahead of the summer season when the market switches to injecting gas into storage facilities, which are at healthy levels. Day-ahead gas price ...
Tags: prompt markets, gas demand, gas Prices
Ukraine's National Committee for Power Regulation (NCPR), the government's energy sector regulating body, said on Monday it has moved to increase average natural gas prices for industrial consumers by 29.1% starting April 1. The committee ...
Tags: Natural Gas, gas
In a move that did not entirely come as a surprise, India's Election Commission earlier this week asked the incumbent government to defer a hike in the wellhead price of natural gas that was due to be implemented on April 1. But analysts ...
Tags: Natural Gas, gas pricing, OIL's production
State-owned China Petroleum and Chemical Corp, or Sinopec Corp, posted modest gains in its 2013 upstream and downstream oil and gas production and has pledged to reduce its capital expenditure this year. In its annual financial results ...
Tags: Sinopec, Oil, Gas Output, Chemicals