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(Reuters) – U.S. power firms are building out the most gas-fired power generation capacity globally, which will cement the country’s position as by far the world’s largest natural gas consumer and gas-fired power producer. But the growing reliance on natural gas for domestic power generation also stands to stoke tensions with the fast-growing LNG export …
US Gas-Heavy Power Pipeline Set to Stoke LNG Exporter Tensions Read More »
(Reuters) – U.S. natural gas futures fell about 4% to a nine-month low on Tuesday on near-record output, ample fuel in stockpiles and forecasts for less hot weather and lower demand through early September than previously expected. Another factor weighing on gas prices was a decline in the amount of gas flowing to liquefied natural …
US Natgas Prices Drop 4% to Nine-Month Low on Record Output, Cooler Weather Read More »
Russia struck the central Ukrainian city of Kremenchuk overnight, leaving a thick column of smoke hovering over the city in an attack that the local mayor called a sign that Russian President Vladimir Putin does not want peace. The bombardment on that city as well as other locations in Ukraine was Russia’s largest so far …
Russia Bombards Ukrainian City Hours After Washington Summit Read More »
Centrica Signs 10-Year Deal for US Natural Gas With Devon Energy By Priscila Azevedo Rocha and Anna Shiryaevskaya August 15, 2025 at 2:00 AM MDT Centrica Plc signed a 10-year agreement to buy natural gas from Devon Energy Corp. to help expand its activities across the Atlantic. Centrica Energy, its trading arm, will receive 50,000 million British thermal units per …
Centrica Signs 10-Year Deal for US Natural Gas With Devon Energy Read More »
LNG Projects Will Drive Gas Prices Up: BKV CEO BKV Corp., the largest natural gas producer in Texas’ Barnett shale basin, expects strong gas demand in 2026 as liquefied natural gas export terminals come online, driving up prices for the fuel. The US-based gas-producing unit of Thailand’s Banpu Pcl sees demand remaining solid for the rest of …
BKV CEO Sees Start-Up of LNG Projects Lifting Gas Prices in 2026 Read More »
(Reuters) – The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects in Alaska as one of the possible deals to aim for when President Donald Trump meets Vladimir Putin on Friday, three sources familiar with the matter told Reuters. Trump landed in …
US Mulled Use of Russia Icebreakers for Gas Development Ahead of Summit-Sources Read More »
(Reuters) – When U.S. President Donald Trump meets Russian President Vladimir Putin on Friday, one of his bargaining chips to encourage Putin to make progress toward a ceasefire in Ukraine will be to ease U.S. sanctions on Russia’s energy industry and exports. Trump has also threatened tougher sanctions if there is no progress. Here is …
Russian Energy Export Disruptions Since Start of Ukraine War Read More »
By Scott Disavino Aug 15 (Reuters) – U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes (BKR.O) said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, remained at 539 in the week …
US Oil and Gas Rig Count Holds Steady This Week, Baker Hughes Says Read More »
World markets are watching closely as U.S. President Donald Trump and Russia’s Vladimir Putin meet in Alaska later on Friday to seal a possible ceasefire agreement in Ukraine. This was a conflict that sparked an energy shock, sent food prices soaring, battered European assets and cut Russia’s economy off from much of the Western world. …
Here is How Russia’s War in Ukraine Has Shaped Global Markets Read More »
U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 106.4 bcfd in 2025 …
