- Joe Barone, Shale Directories
- Blog
- August 21, 2020
Gas export price to EU to average $133/Mcm in 2020: Gazprom
Russia’s natural gas giant Gazprom has maintained its forecast for gas prices in Europe this year at $133 per thousand cubic meters (Mcm), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 19, 2020
Asian LNG prices rally on supply concerns: analysts
Asian liquefied natural gas (LNG) prices have rallied significantly, but ING Economics analysts believe the rebound is related to supply concerns, not a demand uptick.- Joe Barone, Shale Directories
- Blog
- August 18, 2020
Colombia’s powergen boosts gas sales in July
Colombia’s power generation sector has boosted the volume of natural gas contracted in the country’s primary market, with total gas demand increasing 23.4% year-on-year in July.- Joe Barone, Shale Directories
- Blog
- August 15, 2020
Natural Gas Now Best Picks of the Week – August 15, 2020
Tom ShepstoneShepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy.- Joe Barone, Shale Directories
- Blog
- August 13, 2020
Natural gas leads US power generation in H1
Cheaper U.S. natural gas prices helped the U.S. Lower 48 states to increase gas-fired power generation by 9% year-on-year in the first half of 2020, the EIA said on Wednesday.- Joe Barone, Shale Directories
- Blog
- August 13, 2020
US natgas futures soften but set to rise through to 2021
U.S. natural gas futures softened on Wednesday as support from strong power generation demand is expected to slowdown, on forecasts of more moderate temperatures, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 12, 2020
Natural Gas-Fired Generation Up 9% for First Half of 2020
Tom ShepstoneShepstone Management Company, Inc. …. …. The Energy Information Administration reports natural gas-fired generation of electric power in the U.S.- Joe Barone, Shale Directories
- Blog
- August 10, 2020
Peru’s LNG exports up 27.4% in July
Peruvian liquefied natural gas (LNG) exports continued to increase in July, with shipments rising 27.4% year-on-year to 415,815 tonnes, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- August 7, 2020
GeoPark’s Q2 gas prices average $2.8/Mcf
Independent Latin American oil and gas explorer, GeoPark, saw its natural gas prices and sales decline 38% in the second quarter, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- August 6, 2020
Pioneer’s natgas prices up 29% in Q2
Pioneer Natural Resources said on Wednesday its realized natural gas prices increased 29.2% in the second quarter of 2020, despite a huge drop in oil prices Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 31, 2020
Eni’s gas output drops 11% on lower demand, prices
Eni’s natural gas production declined 10.8% during the second-quarter, on the back of lower output in Libya and the impact of lower gas demand in certain areas.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- July 23, 2020
Naturgy expects gas prices to rise in US, UK, not Asia
Spanish natural gas utility Naturgy expects natural gas prices in the U.S. and the UK to rise in the second half of the year, while spot prices in Asia should contract further, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 22, 2020
Cheap spot LNG threatens India’s new deepwater supply
Low spot liquefied natural gas (LNG) prices are threatening India’s new deepwater supply, with around 35% of uncontracted volumes in 2022 at a higher risk of being replaced by spot LNG.- Joe Barone, Shale Directories
- Blog
- July 21, 2020
Israel’s Leviathan gas field production hit by declining demand
Israel’s offshore Leviathan gas field experienced declining gas production volumes and prices in Q2 2020, following a drop in regional demand as a result of the Covid-19 pandemic, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 16, 2020
Woodside expects spot LNG to average $3/MmBtu this year
Woodside expects spot liquefied natural gas (LNG) prices to average $3 per million British thermal units (MmBtu) this year, before starting to rise from 2021, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 10, 2020
Japan’s spot LNG prices rebound in June
Japan’s spot liquefied natural gas (LNG) prices rebounded in June from a record low in the previous month, official data showed on Thursday.- Joe Barone, Shale Directories
- Blog
- July 7, 2020
Global wholesale gas prices average $3.88/MmBtu in 2019
Global wholesale natural gas prices declined in 2019 to reach an average of $3.88 per million British thermal units (MmBtu) – a level not seen since 2016, according to the International Gas Union (IGU).- Joe Barone, Shale Directories
- Blog
- July 3, 2020
Botas to discount natgas prices to Turkish industry
Turkish state-owned company Botas will reduce its natural gas prices to industrial customers in a bid to help the country to boost an economic recovery, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- July 1, 2020
Petronet to finalize new LNG deal ‘soon’: CEO
Petronet is close to finalizing a deal to import liquefied natural gas (LNG) on a long-term basis using near spot pricing, its CEO Prabhat Singh said on Tuesday.- Joe Barone, Shale Directories
- Blog
- June 22, 2020
Henry Hub gas prices hit two-decade lows
The U.S. Henry Hub natural gas prices reached the lowest levels in 21 years last week, as supply rises slightly while demand drops, according to the U.S.- Joe Barone, Shale Directories
- Blog
- June 11, 2020
Gazprom’s gas exports revenues fall 52.3% y-o-y
Gazprom’s revenues from natural gas exports in the first four months of the year have more than halved, with the company facing a decline in both prices and volumes, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- May 26, 2020
European natgas may be heading into negative territory
European natural gas prices have plunged last week to new record lows, despite several liquefied natural gas (LNG) cargo cancelations, as limited demand meets lowering storage capacity.- Joe Barone, Shale Directories
- Blog
- May 21, 2020
Gazprom’s gas exports revenues dip 51.6% in Q1
Gazprom’s natural gas exporting revenues have more than halved in the first quarter, as the giant faces intense competition from LNG and historically low gas prices.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- May 15, 2020
US natgas stockpiles up 103 Bcf w-o-w
Working natural gas stocks at U.S. storage facilities increased by 103 billion cubic feet (Bcf) in the week ended May 8, the EIA said on Thursday.- Joe Barone, Shale Directories
- Blog
- May 15, 2020
Japan spot LNG import prices at record low in April: METI
Japan’s spot liquefied natural gas (LNG) import prices declined in April to the lowest since 2014, data from country’s trade ministry METI showed on Thursday.- Joe Barone, Shale Directories
- Blog
- May 11, 2020
Oil to become ‘accidental natgas savior’: BofA
Oil markets are driving a sense of optimism in the natural gas market “not seen in years,” according to analysts at the Bank of America Global Research.- Joe Barone, Shale Directories
- Blog
- April 30, 2020
US natgas futures fall on lower demand expectations
U.S. Henry Hub natural gas futures dropped on Wednesday on lower demand expectations domestically and abroad, Kallanish Energy reports. The front-month, futures contracts for delivery in June fell 4.1%, or 7.9 cents, to settle at $1.869 per million British thermal units (MmBtu).- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 30, 2020
PGNiG considers notifying EU of Gazprom’s ‘market abuse’
Polish state oil and gas company, PGNiG, is considering to report Gazprom to the European Commission for its “continued abuse of dominant position,” Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 28, 2020
WTI prices tumble over 20% on fragile market
U.S. crude oil prices tumbled over 20% on Monday after the United States Oil Fund (USO) announced it would sell all its futures contracts for June delivery over a four-day period.- Joe Barone, Shale Directories
- Blog
- April 28, 2020
Global natgas gas prices reflect US shale success: Rystad
The recent historic low international gas prices are a reflection of the U.S. shale success and seasonal conditions, not so much the impact of the global pandemic, Rystad Energy’s chief said Monday.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 27, 2020
Waha gas prices recover from negative territory
Natural gas prices in the Permian Basin ended the EIA’s gas week in positive territory, after reaching -$4.74 per million British thermal units (MmBtu) on April 20, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 27, 2020
UK natural gas prices falls on oversupply
UK’s natural gas prices continued to shed on Friday pressured by a system oversupply and lower demand expectations, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 22, 2020
Crude oil prices plunge on unchanged fundamentals
As WTI crude prices plummeted into a negative territory for the first time in history, downward pressure continued on Tuesday pushing both WTI and Brent future prices down.- Joe Barone, Shale Directories
- Blog
- April 9, 2020
Asian LNG spot prices to fall below US breakeven costs
Delivered prices for Northeastern Asia LNG spot prices have dropped to below $2.40 per million British thermal units, as fundamentals continue to weaken, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 6, 2020
US natgas consumption down 18% in Q1: EIA
U.S. residential and commercial natural gas consumption fell 18% in the first quarter of the year, mostly due to a mild winter, the U.S.- Joe Barone, Shale Directories
- Blog, Natural Gas Prices
- April 6, 2020
Dutch TTF gas prices to sink on industrial demand decline
European gas price benchmark TTF is expected to sink this month as industrial gas demand in France, Spain and Italy could drop by 20%, according to Energy Aspects.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
Saudis, Russians may cut back supply by 10 Mmbpd: Trump
U.S. President Donald Trump said Thursday he expects Saudi Arabia and Russia will find a compromise and cut back roughly 10 million barrels of crude supply, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 3, 2020
Oil prices rally over 30% on hopes of output cuts
Crude oil prices rallied on Thursday after U.S. President Donald Trump said Saudi Arabia and Russia could agree on cut production by 10 million barrels, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- April 2, 2020
Global natgas sector faces unpredictable year: WoodMac
Global natural gas sector faces an unpredictable year with potential for U.S. LNG shut-ins, historically low prices in Asia and Europe, as well as a boost in coal-to-gas shift in Asia, Wood Mackenzie said on Wednesday.- Joe Barone, Shale Directories
- Blog
- March 31, 2020
Permian output already a ‘victim’ of oil price war: GlobalData
The Permian Basin will see the largest effects of capex cuts on production, compared to all other U.S. unconventional plays, Kallanish Energy learns from a GlobalData analyst.- Joe Barone, Shale Directories
- Blog
- March 30, 2020
Asia LNG spot prices drop again as India starts lockdown
Asian spot liquefied natural gas (LNG) prices have dropped to below $3 per million British thermal units (MmBtu) again, as force majeures in India increase supply on the spot market.- Joe Barone, Shale Directories
- Blog
- March 27, 2020
Moody’s lowers Henry Hub gas price forecast ?
Moody’s Investors Services announced on Thursday it has reduced its medium-term price band for Henry Hub natural gas by 25 pences, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 23, 2020
Gas prices to remain low over the next two years: Fitch ?
Fitch Ratings has trimmed its natural gas price forecasts both for the U.S. and European benchmarks on the back of “very large” market oversupply, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 23, 2020
Fitch cuts 2020 Brent price forecast by $21.50/Bbl ?
Fitch Ratings revised down its short- and medium-term forecasts for crude oil prices, as the market is expected to be “massively oversupplied” in 2020, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Wintershall Dea’s production up 9%, costs down 20%
German independent gas and oil producer Wintershall Dea reported this week a 9% increase on its output in 2019 and a 20% reduction on its production costs, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Energean secures gas prices for 70% of output
Israeli gas-focused company Energean said Tuesday it’s well-placed to weather the challenges currently posed to the industry, and its Edison acquisition will shield the company from price volatility.- Joe Barone, Shale Directories
- Blog
- March 20, 2020
Papua New Guinea LNG sells cargo at $4/MmBtu: report
ExxonMobil’s Papua New Guinea LNG plant has reportedly sold a liquefied natural gas cargo at nearly $4 per million British thermal units for loading in April, potentially suggesting a price hike.- Joe Barone, Shale Directories
- Blog
- March 17, 2020
Crude oil prices plummet on growing surplus
Crude oil prices plummeted on Monday as the coronavirus’ fast spread around the world is killing global oil demand, and supply continues surging, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 17, 2020
Aramco ‘very comfortable’ with oil at $30 a barrel: officials
Saudi Aramco is “very comfortable” with crude oil prices of $30 a barrel and will remain so “for a long time,” officials said on Monday during the company’s first earnings call with investors and analysts.- Joe Barone, Shale Directories
- Blog
- March 12, 2020
Russia approves zero tax on Arctic gas extraction
Russia’s upper house has approved a tax exemption on natural gas drilling in the Arctic, as a way to boost production of further liquefied natural gas (LNG) in the region.- Joe Barone, Shale Directories
- Blog
- March 12, 2020
Saudi Arabia, UAE to flood oil markets in April
As the coronavirus outbreak is declared a pandemic by the World Health Organization, Saudi Arabia and the UAE announced they are increasing crude supply to the market in April by around 3 million barrels per day (Mmbpd), Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 11, 2020
Analysts Expect Gas Producers to Gain Amid Oil Losses ?
The loss to U.S. shale oil producers could allow the region’s gas-focused producers to benefit, as production cuts due to low oil prices are likely to ease the supply glut in the gas market, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- March 10, 2020
Oil prices collapse 30%, may dip into $20s
Saudi Arabia added fuel to an already burning oil market by slashing its crude oil prices to Europe, Asia and the U.S.- Joe Barone, Shale Directories
- Blog
- March 10, 2020
Parsley Energy, Diamondback Energy cut Permian drilling
Permian players Diamondback Energy and Parsley Energy announced Monday they are cutting down development activities as an immediate reaction to the crash in oil prices.- Joe Barone, Shale Directories
- Blog
- February 28, 2020
Crude falls for 5th day on demand concerns
Crude oil prices fell for a fifth straight trading day Thursday, to their lowest point in 13 months, as a growing number of new coronavirus cases outside China fueled fears of a pandemic, which could slow the global economy and lower crude demand.- Joe Barone, Shale Directories
- Blog
- February 27, 2020
Crude slides, tumbling deeper into bear market territory
Crude oil prices on average dropped more 2.5% Wednesday after hundreds of new coronavirus cases reported in Asia, Europe and the Middle East fired concerns energy demand would decline, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 25, 2020
Oil slides, posts worst day in more than a month
Crude oil on average slid more than 3.5% Monday, falling into bear market territory as the number of coronavirus cases outside of China jumped, Kallanish Energy reports.- Joe Barone, Shale Directories
- Blog
- February 21, 2020
Crude gains on smaller-than-expected inventory build
Crude oil prices rose Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude inventories, Kallanish Energy reports. Gains, however, were held down by continuing worries about the spread of the Coronavirus outside China.- Joe Barone, Shale Directories
- Blog
- February 20, 2020