The Latest

US NatGas Prices Hit 23-Month High on Increased LNG Feedgas, Heating Demand

U.S. natural gas futures hit a 23-month high on Dec. 24 in thin pre-holiday trading.

Oil Prices Rise in Thin Pre-Holiday Trade

Supply and demand changes in December have been supportive of oil price's current less-bearish view so far, analysts say.

Steelhead Seeks Damages from Pembina, ARC Resources, Cedar LNG

Steelhead LNG said it has filed legal proceedings against Cedar LNG, Pembina Pipeline Corp. and ARC Resources related to improperly exploited information, Steelhead said.

Golar LNG Buys $90MM Stake in FLNG Hilli

Golar LNG has purchased Seatrium’s and Black & Veatch’s minority ownership in the asset, which represents 8% of FLNG Hilli’s full capacity.

What's Affecting Oil Prices This Week? (Dec. 23, 2024)

For the upcoming week, Stratas Advisors think oil prices will get a boost from the oil demand associated with the holiday season and from recent geopolitical news.

Baker Hughes: US Drillers Keep Oil, NatGas Rigs Unchanged for Second Week

U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row. 

Paisie: With Oil Prices, It’s All About the Economy

One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.

Surge Closes on Divestment of Alberta Non-Core Gas Assets

Surge Energy said it has focused on developing its core Sparky and southeast Saskatchewan crude oil assets, leaving the Alberta non-core assets undercapitalized.

Kissler, Wyett: Trump Tariffs and Potential Energy Market Aftershocks

U.S. production and prices may increase; global cooperation may decrease; but Trump’s previous tariffs had less of an impact on import prices than the COVID pandemic.
 

Energy Transfer’s Lake Charles LNG Closer to FID with Chevron Deal

Energy Transfer entered a 20-year agreement to supply Chevron with 2 mtpa of LNG from its Lake Charles LNG export facility, which is awaiting a final investment decision.