Tag: natgas
Egypt’s gas export revenues recorded a big jump during the first four months of this year, compared to the same period last year. Data from the Ministry of Petroleum revealed that the value of Egypt’s exports of natural and liquefied gas during the first period from the beginning of January to the end of April […]
With natural gas prices soaring, blue hydrogen is no longer a low-cost solution for the UK, but the focus on it is jeopardizing the country’s energy security amid the current supply crunch from Russia’s invasion of Ukraine. A recent report by the Institute for Energy Economics and Financial Analysis finds that the projected cost of […]
Today, Shell International resumed shipment of liquefied natural gas (LNG) from the Prelude facility, the world’s largest floating LNG terminal, located off northwest Australia, after a 4-month shutdown due to a major blackout. A Shell spokesman said that a shipment of liquefied gas had completed its loading and had left the site, yesterday evening, Sunday, […]
Because of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest close in 13 years, on higher-than-expected heating demand and as much higher global gas prices […]
The EIA predicts that US natural gas production will continue to rise until 2050. According to the US Energy Information Administration, US natural gas production is expected to increase through 2050 due to rising demand from US natural gas exports, particularly for liquefied natural gas. The EIA forecasts a nearly 25% increase in annual US […]
Despite rising global prices, the price of natural gas in the United States is falling due to warmer forecasts. Natural gas futures in the United States fell on Monday as forecasts for less cold weather and lower heating demand next week eased. Despite rising global oil and gas prices, demand for US liquefied natural gas […]
Once again, gas prices in Europe jumped to new records; Where the price on the European stock exchanges broke records for the fourth consecutive day; Exceeding $3,600 per 1,000 cubic metres. The price of gas has risen more than 67% since the beginning of trading, while the price of April futures contracts, according to the […]
Gas prices rose more than 35% today, Monday, despite the Russian company Gazprom’s confirmation that it will continue to supply gas to its customers in Europe through Ukraine. The surge in prices comes in conjunction with the Russian-Ukrainian war entering its fifth day, amid fears of supply disruptions due to the escalation of Western sanctions […]
