NEWS
Natural Gas News Feed
- Natural gas futures could not shake their losing ways on Thursday. Weak weather, strong production and another anemic storage print sent prices lower a third consecutive day. The February Nymex gas futures contract settled at $2.944/MMBtu, down 12.3 cents day/day. It marked the first front month close below $3 since mid-2021. March shed 6.7 cents… […]
- The lack of available storage options for natural gas and fuels continues to challenge the Mexican energy industry, leaving the country vulnerable in the event of supply interruptions, such as aberrational weather or unforeseen outages, executives said this week. Speaking at the 8th Mexico Infrastructure Projects Forum in Monterrey, stakeholders in Mexico’s government and private… […]
- With February only days away, the natural gas market may be closing the book on winter – and brushing off news of Freeport LNG’s impending restart – as forward prices continued to soften through the Jan. 19-25 period, according to NGI’s Forward Look. The past week’s trading patterns continued the trends that have played out… […]
- Federal regulators have signed off on Freeport LNG Development LP’s request to begin cooling part of its transfer equipment, an early step to eventually restarting the 2.38 Bcf/d terminal. The Federal Energy Regulatory Commission informed Freeport Thursday it would grant its request to begin cooling its Loop 1 liquefied natural gas transfer system after a… […]
- Baker Hughes Co. generated record orders in the fourth quarter, driven by “multiple awards” for LNG and offshore production equipment, CEO Lorenzo Simonelli said Monday. In a conference call to discuss quarterly and full-year earnings, the CEO noted that operationally, the Houston-based oilfield services (OFS) giant “continues to navigate challenges” in “different parts of the… […]