Global News

Articles about Natural Gas, LNG, and Other Subjects

Henry Hub
July 13, 2020

Henry Hub at Record Lows

Henry Hub Natural Prices Reached Record Lows in H1 2020 (EIA) Today in Energy (July 13): In H1 2020, natural gas prices at the Henry Hub benchmark reached record lows. The average monthly Henry Hub spot price in the first six months of the year was $1.81 per mmbtu. Monthly prices reached a low of […]

Pipelines
July 10, 2020

Implications of Atlantic Coast Pipeline

Scrapped Pipeline Imperils Comeback for Marcellus (Bloomberg) Naureen S. Malik (July 10): To understand why the cancellation of the $8 billion Atlantic Coast Pipeline at the start of this week was such big news, consider America’s most important natural gas-producing region… Analysts at RS Energy Group and Gelber & Associates see potential pipeline constraints in […]

Life Cycle Analysis
July 10, 2020

LNG Life-Cycle Update from API

API Releases LNG Life-Cycle Report (LNG Industry) Lydia Woellwarth (July 10): A study conducted by ICF for API examines the environmental benefits of USLNG use in China, Germany, and India, finding that using USLNG rather than coal for electricity generation produces on average 50.5% fewer GHG emissions in all base case scenarios studied. API’s Dustin […]

Japan
July 8, 2020

Japan’s Coal Problem

Is Japan Ready to Tackle Its Coal Problem? (WoodMac) Gavin Thompson (July 08): A report in Yomiuri Shimbun last week that Japan is now looking to mothball or retire up to 100 coal-fired power plants by the end of the decade raises the prospect of a significant transformation of the country’s power sector. The Nikkei […]

India
June 30, 2020

Petronet Nears 10 Year Deal

Petronet Close to Long-Term Deal Around Spot Prices (Reuters) Earlier this year, Petronet invited bids to buy 1 mtpa of LNG for 10 years with pricing linked to Henry Hub natural gas futures and Dutch TTF gas futures and shipped on a delivered ex-ship basis. CEO Prabhat Singh said on Tues. (June 30) that Petronet […]

European Union
June 30, 2020

Gas Pathway to EU Carbon Neutrality

James Watson (June 30): Eurogas commissioned a study from DNV GL “to demonstrate there are many different pathways to 2050, but we wanted to establish which would be the most affordable way. Decarbonized and renewable molecules will help us reach the European Commission’s (EC’s) 2050 Climate Neutrality Ambition in a more cost effective way than […]

European Union
June 26, 2020

EU Missing Climate Goal

EU Green Deal: EU Lagging Behind on Climate Goal Samuel Petrequin (June 22): The EU’s statistical office says the 27-nation bloc is lagging behind its goals in the fight against climate change … In a report published Mon. (June 22) assessing the EU’s progress in reaching the UNs’ sustainable development goals, Eurostat noted … only […]

Gas Production
June 25, 2020

Record U.S. Production in 2019

Oil and Gas Production in 2019 Hit Records with Fewer Rigs and Wells (EIA) Today in Energy (June 25):  Increases in drilling efficiency pushed U.S. crude oil and natural gas production to establish new records of 12.2 million b/d and 111.5 bcf/d in 2019. Using preliminary data for 2019, the average active rig count per month was 943, and […]

China
June 25, 2020

China Energy Trade Lags Despite Crude Gains

Column: China’s Record U.S. Crude Imports in July Underscores Trade Deal Failure (Reuters) Clyde Russell (June 25): A record amount of crude oil is heading from the United States to China next month, but rather than signalling that the trade deal between the two countries is working, it serves to underscore just how far Beijing […]

EU Green Deal
June 25, 2020

EU ‘All Renewable’ Hydrogen Opposed

Industry Alliance Rebels Against ‘All-Renewable’ Hydrogen (EURACTIV) Frédéric Simon (June 25): A group of industries have rebelled against EU plans to prioritize renewables-based hydrogen, saying gas-based hydrogen should also be promoted in order to ramp up production volumes in the early stages of development. The EU’s current definition of “clean hydrogen” is too narrow and […]

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