Gas/LNG
LNG experts confident that Asia will take on Australian supply
PetroChina’s cancellation of its deal with Australia liquefied natural gas developer Woodside Petroleum is not indicative of a reduction in LNG demand from Asia, say experts.
Cold snap highlights UK’s gas storage tightness
UK gas prices have risen following severe winter weather, prompting experts to renew calls for increased storage capacity and a more diversified energy supply.
Exxon boosts unconventional gas position
Exxon Mobil and XTO Energy have announced an all-stock transaction valued at $41 billion, in a move designed to enhance Exxon’s position in unconventional natural gas and oil resources.
BarCap launches LNG services with Excelerate deal
Barclays Capital today launched a liquefied natural gas (LNG) services offering with a new agreement to market Excelerate Energy’s LNG cargoes in the northeast US market.
GM&T USA and Statoil sign gas MoUs
Gazprom Marketing & Trading USA (GM&T USA) and Statoil have signed a non-binding memorandum of understanding (MoU) for a series of agreements covering various gas and LNG deals.
Report notes potential of NGV demand
Natural gas demand could be boosted by two initiatives being debated in Congress that promote natural gas vehicles (NGVs).
Gazprom Marketing & Trading and ecolutions collaborate on CDM
Gazprom Marketing & Trading (GM&T), a subsidiary of Russian gas company Gazprom, has partnered with renewable energy firm ecolutions to develop emissions-reduction projects in China.
Gazprom and EDF announce transatlantic gas swap
Gazprom Marketing & Trading and EDF Trading have announced details of an agreement to swap natural gas between the US and European markets.
Spectron ventures into LNG
Global brokerage Spectron has added liquefied natural gas (LNG) to its coverage.
Too much of a good thing
The price of US natural gas has hit record lows, but with storage fit to burst and demand in the doldrums, any hope of a price pick-up may remain a pipe dream for now, writes Pauline McCallion
Corporate profile: Gazprom Marketing & Trading: energetic expansion
2009 marks 10 years since Gazprom Marketing & Trading was founded in the UK. Following another year of record financial results in 2008, the company’s executive team discusses Gazprom’s expansion into a leading global cross-commodity marketing and…
Australia gives go ahead to LNG project
Australian federal environment minister Peter Garrett has granted approval for the Gorgan Project, one of the world's biggest liquefied natural gas (LNG) developments.
Market questions UNG's influence
The US Natural Gas Fund (UNG), an exchange-traded fund (ETF) that tracks the prompt-month US natural gas price by buying Nymex futures and Nymex / ICE Henry Hub swaps, has caused controversy by building up a large market position.
UNG fund secures $500million gas swap
Exchange traded fund (ETF) the United States Natural Gas Fund (UNG) entered into a natural gas total return swap for $500 million at the end of the last week, following a $250 million bilateral gas swap secured in July.
Sparking innovation
In the second of two articles tracing the beginnings of energy derivatives trading, Roderick Bruce looks at the development of the natural gas and electricity markets in the US and Europe
E.ON Energy Trading joins CEGH
EON Energy Trading has joined the Central European Gas Hub (CEGH) at Baumgarten. The move is part the company's plans to expand its gas trading activities in Central and Eastern Europe in an effort to improve market access and develop a more integrated,…
CFTC to regulate ICE natural gas contract as SPDC
The Commodity Futures Trading Commission (CFTC) has imposed new regulatory and reporting requirements on a natural gas contract traded on the IntercontinentalExchange.
Nexen considers sale of marketing businesses
Nexen may sell all or part of its natural gas and power marketing businesses as part of a strategic review announced just over a week after it reported a drop in quarter two earnings.
Nabucco pipeline construction deal agreed
Five transit countries have signed an agreement to construct the €8 billion, 3300 km Nabucco natural gas pipeline.
National Grid secures £360 million loan for UK gas distribution upgrade
The European Investment Bank (EIB) has signed a loan of £360 million ($590 million) to National Grid to support the company's investment programme for the upgrade and extension of its four gas distribution networks in the UK.
CME launches clearing services for physical NGL contracts
CME has announced the launch of clearing services for six new physically delivered natural gas liquids (NGL) futures contracts.
BG Group buys into US shale
US oil and natural gas company Exco has signed an agreement with UK-based BG Group to jointly develop its Haynesville shale gas assets.