In The News

S&P Global Platts - LNG Project Tracker: Mexico terminal moves ahead as 2nd US wave flounders
Wednesday, 12/02/2020

November 25, 2020 – S&P Global Platts

LNG Project Tracker: Mexico terminal moves ahead as 2nd US wave flounders

By Corey Paul

… Global LNG demand has also rebounded significantly from the summer doldrums, when cancellations of U.S. LNG cargoes were widespread. Feedgas deliveries to the six U.S. LNG export terminals in operation have surged past 10 Bcf/d since then, exceeding the levels before the pandemic took hold.

But significant uncertainty remains over what the export dynamics will look like after the peak winter heating season....

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NGI - December Natural Gas Futures Fly Higher Following Storage Withdrawal; Spot Prices Falter
Wednesday, 12/02/2020

November 25, 2020 – Natural Gas Intelligence

December Natural Gas Futures Fly Higher Following Storage Withdrawal; Spot Prices Falter

By Kevin Dobbs

…While weather remains uncertain, analysts expect that the industry has now entered a sustainable withdrawal season.

RBN Energy LLC analyst Sheetal Nasta said lower production over the summer and early fall months, combined with a blast of cold in October that fueled early heating demand, helped the U.S. market avoid running out of underground storage capacity.

“It...

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DeSmog - Oil Companies Can’t Find Any Buyers For Refineries Struggling Amid Pandemic Crisis
Wednesday, 12/02/2020

November 23, 2020 – DeSmog Blog

Oil Companies Can’t Find Any Buyers For Refineries Struggling Amid Pandemic Crisis

By Justin Mikulka

…Expectations are for the economy and fuel consumption to return to 2019 levels at some point in the future, with one caveat: The demand for very profitable jet fuel (which accounted for 9 percent of total U.S. refinery output last year) may never return. This change poses a major threat to the basic business model of many refineries.

Although plenty of businesses face similar challenges, it may be...

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Rigzone - The Great American LNG Comeback
Wednesday, 11/18/2020

November 16, 2020 – Rigzone

The Great American LNG Comeback

By Jude Clemente

After a record 2019, it has been a rocky ride through the pandemic for the U.S. LNG export business. Sunken prices and demand globally have shrunk our shipments abroad. In January, exports were up over 9 billion cubic feet per day (Bcf/d) before steadily falling to 2.5 Bcf/d at the end of August, with facility utilization bottoming out at 20 percent. From April to November, there were nearly 180 cargo cancelations, and RBN Energy estimates that a...

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NGI - Heightened Seasonality, Volatility Possible as U.S. Natural Gas Goes Global
Wednesday, 11/18/2020

November 10, 2020 – Natural Gas Intelligence

Heightened Seasonality, Volatility Possible as U.S. Natural Gas Goes Global

By Leticia Gonzales

After a years-long period of relatively low volatility, Henry Hub natural gas prices are expected to see more “peaks and valleys” ahead on growing export demand and a lack of infrastructure development, according to RBN Energy LLC President David Braziel.

On Monday, the first day of the 2020 LDC Natural Gas Forum in San Antonio, Braziel said the pace of export...

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