NEWS
Natural Gas News Feed
- Natural gas futures seesawed as a powerful hurricane hammered Florida Wednesday, curbing demand but raising the specter of production interruptions. Market participants also weighed expectations for another stout storage print amid thin trading heading into contract expiration. At A Glance: Analysts look for 90s Bcf storage build Hurricane Ian poses damage wildcard Russian threats ignite… […]
- Private sector producers in Mexico reported record oil volumes of 106,120 b/d in August, up from 63,414 b/d a year earlier, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH) Three private sector-operated shallow water fields – all of which were awarded through the Round 1.2 bidding process in 2015 – reported record oil production… […]
- LNG and renewables are the core of TotalEnergies SE’s U.S. strategy as it inks alliances to expand the global trading arm, executives said Wednesday. The French supermajor is “profitably expanding,” with liquefied natural gas equity production in the United States and Mexico, said CFO Jean-Pierre Sbraire. He and CEO Patrick Pouyanné shared the stage in… […]
- Emboldened by swelling production and declining domestic demand in the face of moderating weather, bears took a massive bite out of October natural gas baseload prices, according to NGI’s Bidweek Alert (BWA). Only one month removed from the $8/MMBtu handles seen for September baseload gas delivery, prices for October are trending sharply lower, BWA data… […]
- Natural gas futures dived lower on Tuesday as Hurricane Ian approached the southeastern United States, threatening demand destruction and elevating uncertainty in a thinly traded market heading into prompt month expiration Wednesday. Ongoing energy tumult in Europe tied to Russia’s war in Ukraine added another dose of unease for market participants. The October Nymex gas… […]