By Julian Hast US natural gas futures closed down, ending at a fresh four-month low, as traders weighed warming outlooks stretching through the end of the month, decreasing demand for the heating fuel. “We are simply running out of time for a last winter cold shot,” said Darrell Fletcher, managing director of commodities at Bannockburn …
US Natural Gas Futures Sink to Four-Month Low on Warm Forecast Read More »
By Gavin Maguire LITTLETON, Colorado, Feb 18 (Reuters) – U.S. exporters of LNG consumed more natural gas than both households and commercial businesses last year, tightening U.S. gas supplies and putting the LNG export boom squarely in the frame of discussions surrounding rising U.S. energy costs. Liquefied natural gas exporters gobbled up a record 5,000 …
COMMENTARY: Booming LNG Exports May Get Dragged into US Cost-of-Living Debate Read More »
By Padraic Halpin Microsoft to retain matching target during AI expansion Tech giant has purchased 40 GW of new renewable energy Ready to ramp up again in data centre pioneer Ireland DUBLIN, Feb 18 (Reuters) – Microsoft (MSFT.O) has promised to keep buying enough renewable energy to match all its electricity needs after meeting that …
Microsoft to Keep Buying Enough Renewable Energy to Match All its Electricity Needs Read More »
(Reuters) – Golden Pass, an LNG project jointly owned by Exxon Mobil and QatarEnergy, pulled 300 million cubic feet of gas on Wednesday as it moves closer to making its first LNG, LSEG data show. When complete the 18 million metric tonnes per annum project in Texas is expected to be one of the largest …
By Bruno Venditti | Graphics/Design Christina Kostandi Key Takeaways Renewables generate 67% of Canada’s electricity, compared to just 22% in the U.S. Natural gas is the top power source in most U.S. states, while hydro dominates in Canada. Coal, nuclear, wind, solar, and even petroleum still lead in select regions. What powers your state or …
Mapped: What Powers Each U.S. State and Canadian Province? – Visual Capitalist Read More »
SM Energy said on Wednesday it would sell select assets in South Texas to Caturus Energy for $950 million in cash to reduce debt and bolster its capital structure. The U.S.-based oil and gas producer has agreed to sell nearly 61,000 net acres and about 260 producing wells in its southern Maverick Basin position in …
SM Energy to Sell Some Texas Assets for $950 Million Read More »
China this month marks a year since it last imported liquefied natural gas from the U.S. amid a tense trade war between the world’s two largest economies. Yet throughout the past year, Chinese firms have continued purchasing U.S. LNG under long-term supply contracts with American producers. Instead of delivering the super-chilled fuel home, they have …
China Isn’t Importing Any US LNG, But It’s Still in the Game: Bousso Read More »
Summary Ukraine peace talks end in Geneva after Zelenskiy says Russia stalling Iran, US reach understanding on main ‘guiding principles’ in nuclear talks Eurasia Group sees 65% chance of US strikes on Iran by April Iran and Russia to conduct navy drill on Thursday, Fars news agency reports (Reuters) – Oil prices gained nearly 3% …
Oil Gains Nearly 3% After Abrupt End to Russia-Ukraine Talks Read More »
U.S. natural gas producer Expand Energy beat Wall Street estimates for fourth-quarter profit on Tuesday and aims to strengthen its balance sheet with at least $1 billion in debt reduction in 2026. The company benefited from higher prices as U.S. natural gas futures rose over 11% sequentially in the fourth quarter, breaking a falling streak …
Expand Energy Beats Fourth-Quarter Profit Estimates, Plans $1 Bln Debt Cut in 2026 Read More »
U.S.-based energy company EQT Corp beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes. Power-hungry data centers and a surge in liquefied natural gas (LNG) exports are driving up sales for U.S. natural gas companies, pushing them to increase production to meet rising demand. U.S. …
EQT Corp Beats Quarterly Profit Estimates on Higher Natgas Prices Read More »
