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NYMEX January Gas Futures Settle 6.8 Cents Lower at $1.826/Mmbtu

Dec 16, 2015

The NYMEX January natural gas futures contract continued its downward slide Tuesday, dropping 6.8 cents to settle at $1.826/MMBtu as warm weather forecasts continue to put significant pressure on the contract. The National Weather ...

Tags: Gas, temperatures

NYMEX January Gas Futures Settle at $2.235/Mmbtu, up 2.3 Cents

Dec 2, 2015

The NYMEX January natural gas futures contract rebounded Monday from Friday's selloff to settle at $2.235/MMBtu, up 2.3 cents. The January contract dropped 8.7 cents Friday to settle at $2.212/MMBtu on the contract's first day in the ...

Tags: Gas, natural gas market, weather

Inside FERC December US Natural Gas Average Rises 20 Cents to $2.26/Mmbtu

Dec 2, 2015

The December bidweek national average price increased 20 cents to average $2.26/MMBtu as market focus turned to the colder months, Inside FERC's Gas Market Report said Tuesday. The December bidweek price at the benchmark Henry Hub in ...

Tags: Natural Gas

Inside FERC November US Natural Gas Average Falls 32 Cents to $2.06/MmBtu

Nov 4, 2015

The November bidweek national average price tumbled 32 cents to average $2.06/MMBtu as points outside of the Northeast moved lower, Inside FERC's Gas Market Report said Monday. The November bidweek price at the benchmark Henry Hub dropped ...

Tags: Natural Gas, price

Sinopec, Petrochina Cut Domestic Oil Product Sales, Boost Exports

Nov 4, 2015

China's state-owned oil giants Sinopec and PetroChina reported a modest 1.73 million mt or 0.7% increase in their domestic oil products sales in the first nine months of 2015, but exports rose by 2.59 million mt or 12% in the same period, ...

Tags: Sinopec and PetroChina, oil products, exports

BASF/Wintershall and Gazprom Celebrate 25-Year Partnership

Oct 15, 2015

BASF/Wintershall and Gazprom have already been cooperating successfully for a quarter of a century: The two companies laid the foundations for their cooperation in autumn 1990 with a long-term agreement to market Russian natural gas in ...

Tags: BASF, Gazprom, natural gas

The Bumpy Road to China's Shale Revolution

Oct 2, 2014

China's environmental degradation has become a growing source of public consternation and a potential political liability. Premier Li Keqiang declared a "war on pollution" in March 2014, vowing to reduce emissions from power generation and ...

Tags: Metallurgy, Mineral, Energy, Shale

The Heavy-Duty Truck Market Is Adopting Natural Gas at a Slower Rate Than Predicted

Sep 22, 2014

COLUMBUS, IN — The heavy-duty truck market is adopting natural gas at a slower rate than predicted, according to a report from ACT Research. Natural-gas-powered truck sales grew at about the same rate as the truck market as a whole ...

Tags: Heavy-Duty Trucks, Natural Gas, Accessories

The OTC Price for 8,800 BTU/Lb Powder River Basin Coal Dipped Again

Jun 25, 2014

The over-the-counter price for 8,800 Btu/lb Powder River Basin coal dipped again Monday, as rail issues overhang the Western market. Mines in BNSF Railway's service area, in the northern reach of the basin, are having trouble guaranteeing ...

Tags: physical market, Western market

Turkey Continues to Increas Its Own Security of Supply

Jun 24, 2014

Turkey continues to take steps toward increasing its own security of supply, as energy use is expected to double by 2023, triggering a requirement for around 100 GW of capacity, although market participants said the current "crisis" in the ...

Tags: Gas Market, Gas plant

Natural Gas Is Losing Ground Globally to Its Rivals

Jun 13, 2014

Despite its many advantages, natural gas is losing ground globally to its rivals while buyers and sellers struggle to agree on what constitutes a fair price, the International Energy Agency said in a report published Tuesday. In its ...

Tags: Natural Gas, Coal

The UK Gas Market Was Short of Supply as The Country Stepped up Exports to The Continent

May 30, 2014

The UK gas market was short of supply during the morning Wednesday with demand above seasonal norms as the country stepped up exports to the Continent. At 11:00 am London time, the UK NBP within-day contract was valued at 44.20 ...

Tags: gas market, pipeline

Germany's Power Plants Generated 5.4% Less Electricity in The First Quarter

May 26, 2014

Germany's power plants generated 5.4% less electricity in the first quarter, with output from all conventional sources falling, but coal- and gas-fired power plants recorded the biggest declines, German utility lobby group BDEW said ...

Tags: power plants, Lignite-fired production

The Impact of LNG Exports on Wholesale Gas Prices Put a Cap on Us Exports at 6 Bcf/D

May 15, 2014

The likely impact of LNG exports from North America on wholesale gas prices around the world may put a cap on US exports at roughly 6 Bcf/d, Mike Fulwood, a principal in Nexant's Global Gas practice, said Tuesday. During a briefing on LNG ...

Tags: LNG Exports, gas prices

India's Natural Gas Demand in Fiscal 2016-17 Is Forecast at 378.06m Cu M/Day, up 55%

May 4, 2014

India's natural gas demand is forecast to more than double to 516.97 million cubic meters/day in fiscal 2021-22, according to a report commissioned by an oil ministry regulatory body. Demand in fiscal 2016-17 is forecast at 378.06 million ...

Tags: Natural Gas, natural gas demand

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