The Dutch government is confident that the country will reach its gas storage targets before the upcoming heating season, aiming to ease market concerns on the matter. According to the Ministry of Climate Policy and Green Growth, current fuel reserve volumes meet the EU threshold levels for July.
Over the last seven days, American energy companies have further reduced their oil and natural gas drilling operations. This marks the sixth consecutive week of decreased fuel production capacity in the country.
An increase of the indicator value may contribute to the rise in quotes of NG.
A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
According to an official statement by Indian company GAIL, one of its terminals in the western state of Maharashtra—Dabhol—began operating year-round from June 2. Previously, the port was unable to receive liquefied natural gas (LNG) cargoes during the monsoon season.
An increase of the indicator value may contribute to the fall in quotes of NG.
Norwegian gas exports to Europe dropped due to a new round of scheduled maintenance, pushing up natural gas prices in Europe.
According to analysts of the International Energy Agency (IEA), this year, the global volume of investment in the oil industry will fall by 6%. Excluding the period of the COVID-19 pandemic, such a drop will be the first of this type over the past decade.
According to experts familiar with Delfin Midstream's plans, the company is seeking investments to fund its liquefied natural gas (LNG) export project, which will use offshore infrastructure moored off the coast of Louisiana.
Bloomberg reports that Russia's Gazprom has abandoned plans to create a gas distribution hub in Turkey. Despite public support from President Vladimir Putin, the project faced serious obstacles from the outset.
US liquefied natural gas (LNG) exports dropped to 8.9 million tons in May from a record 9.3 million tons in April due to maintenance and outages at major facilities, according to LSEG. These production disruptions could significantly impact global energy prices, Reuters reports.
Natural gas is not just a fuel for cooking and heating. It is also a key element on the global economic stage. This page provides information on the latest market events and trends, allowing you to assess their impact on natural gas prices.
Natural gas market news is more than just information for experts. The news are important signals about the future of the energy sector and economy. Understanding these trends helps us to be both informed consumers and prudent investors.
