EIA: US natgas production to reach record highs in 2026 while demand declines
The U.S. Energy Information Administration said in its short-term energy outlook on Tuesday that U.S. gas production will reach a record high in 2026 while demand will decrease. EIA predicted dry gas production would rise from a new record of 107.7 billion cubic feet per day (bcfd)…
Bangladesh closes its fertiliser factories due to Middle East gas shortage
Officials said that Bangladesh closed four of its five fertilizer factories on Thursday, amid a worsening shortage of gas triggered by the escalating tensions across the Middle East. A government order aimed to conserve dwindling supplies…
India's Adani Total Gas raises prices, citing Middle East conflict
India's Adani Total Gas (ATGL), citing a lower Availability of Gas due to the Middle East conflict, has raised prices on industrial clients. Adani Group is a joint-venture with?French oil giant TotalEnergies SE. The?attacks against Iran…
After regulator reduces cap, energy bills for most Britons will fall
Energy regulator Ofgem announced a 7% price cap on Wednesday, allowing the government to reduce costs. The move follows the plans in last year's Budget to shift some costs of renewable energy to general taxes and to scrap a program requiring…
Golden Pass is moving closer to producing its first LNG by increasing natural gas flow into the facility
LSEG data show that Golden Pass, a joint venture between Exxon Mobil, QatarEnergy and Exxon Mobil, has pulled in more than 300 million cubic feet on Wednesday, bringing it closer to producing its first LNG. The '18 million metric tons per year project in Texas will be one of the biggest U.S.
Spain's gas consumption is expected to fall this year, as the blackout-related boost fades
Spain's gas consumption?will fall by around 7 percent?this coming year?as a result of a softer response to the major blackout that occurred on April 28. The power grid operator has increased the use of stable sources such as gas plants for electricity generation…
EIA: US natgas production to reach record highs in 2026 while demand remains steady
The U.S. Energy 'Information 'Administration stated in its Tuesday Short-Term Energy Outlook that U.S. Natural Gas output will reach a?record high in 2026 while demand will remain steady. EIA predicted dry gas production would rise from…
Greek joint venture seeking 20-year US Liquefied Natural Gas deal to boost Southern Europe's gas supplies
Atlantic Sea LNG Trade is a joint venture of Greece's gas supplier DEPA and the construction group Aktor. It is currently in negotiations to secure 15 billion cubic metres (bcm), or LNG, from the United States every year for 20 years, to supply southern Europe.
Germany's gas production in numbers
Katherina Reiche, Germany's Economy minister is in Saudi Arabia seeking closer ties with the country on energy. Berlin is looking to diversify this sector as its dependence on U.S. Liquefied Natural Gas grows. Why is?GAS Supply a Problem in Germany?
India's demand for LNG is set to increase across industries, if prices are cooperative
Executives from the country's largest importers have said that India's appetite is likely to increase in the next few years, due to the demand for liquefied gas across fertiliser, city-gas, refining, and power sectors. They added that a lower price would be necessary to increase consumption.
India's demand for LNG is set to increase across industries, if prices are cooperative
Executives from India's leading importers have said that the demand for liquefied gas in India is expected to increase over the next few years. This will be driven by the demand for city gas, fertilizers, power, and refining. They added…
Global LNG demand to increase in 2026, while supply increases.
Analysts say that global liquefied gas (LNG), which is a form of natural gas, will increase this year. This will ease the constraints since the Ukraine War in 2022 and lower prices, which may spur demand, including from China and India, who are major importers.
Prices of gas in Europe fall due to higher temperatures forecasts and technical selling
The benchmark British and Dutch wholesale gasoline prices dropped about 9% Monday, as the weather forecast showed warmer temperatures than expected. Technical selling also weighed heavily on the market after it had retraced its 'near seven-month high hit on Friday.
What excites and concerns LNG exporters by 2026? Maguire
In 2025, the LNG industry will make history after exports and production of super-chilled fuel broke records and generated billions in revenue across the global supply chain. Gas sellers were encouraged by the 25% increase in LNG purchases in Europe.
What excites and concerns LNG exporters by 2026? Maguire
In 2025, the LNG industry will make history after the production and exports of super-chilled fuel broke records and generated billions in revenue across the global supply chain of liquefied gas. The 25% increase in LNG purchases in Europe was a major highlight.
Climate activist shareholder group pushes BP, Shell on plans for declining oil demand
The group Follow This, a climate activist shareholder group, and more than?20 investors filed resolutions on Wednesday asking BP and Shell how they would create value if the global demand for gas and oil declined. The resolutions are a strategic change on the part the Dutch activist group.
EIA: US natgas production to reach record highs in 2026 while demand declines
The U.S. Energy Information Administration said Tuesday that the U.S. Natural Gas output will reach a record high by 2026 while demand is expected to decline. EIA predicted dry gas production would rise from a record of 107.4 billion cubic feet per day (bcfd) in 2025…
In November, China's fossil fuelled power generation fell 4.2% on an annual basis.
Statistics Bureau data released on Monday showed that China's fossil fuelled power generation dropped 4.2% in November compared to last year. This reversed a 7.3% increase in October, when the power?generation reached its highest level in decades.
Gas prices in Europe fall as warmer temperatures are expected
LONDON, January 8 - Dutch wholesale gas prices and British wholesale gas rates fell on Thursday as temperatures are expected to warm up and reduce demand for 'gas for heating. LSEG data shows that the benchmark Dutch 'front-month contract'…
German spot prices are impacted by lower demand on Monday
German power prices will likely fall on Monday as a drop in wind power production is expected to be offset by a lower consumption. LSEG data showed that the German and French Monday baseload 'power contracts' were not traded by 8:40 GMT on a Friday.