In The News

Wednesday, 05/27/2020

May 14, 2020 – Seatrade Maritime News

US LNG export boom comes under pressure

By Barry Parker

In recent years, the US has joined the league of major LNG exporters, however, since March this year a boom in export cargoes has started to come off and could decline further in coming months…

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Tuesday, 05/12/2020

April 30, 2020 – Natural Gas Intelligence

Low Demand Takes Toll on Near-Term Natural Gas Forwards

By Leticia Gonzales

As the implications of the coronavirus and oil market collapse continue to unravel, natural gas forward prices retreated a bit during the April 23-29 period…

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Wednesday, 04/29/2020

April 28, 2020 – New York Times

Texas Oil Port Hit by One-Two Punch: Falling Demand and Overproduction

Corpus Christi has become the largest energy exporter in the United States, but several expansion projects have been delayed or scuttled, threatening jobs and investments.

By Keith Schneider

CORPUS CHRISTI, Texas — Ever since this Gulf Coast city’s leaders helped persuade the Obama administration and Congress to lift the export ban on liquid fossil fuels in 2015, the Port of Corpus Christi has been a steady tide of construction...

Monday, 04/27/2020

April 25, 2020 – CNBC

‘Scary,’ ‘visceral,’ ‘unprecedented’: Traders describe oil’s wild week and fall to negative prices

By Pippa Stevens

“Scary,” “unbelievable,” “so dramatic,” “unprecedented,” “very visceral”: These are among the choice words Wall Street veterans used to describe what was, for the oil market, a week for the history books.

On Monday, for the first time on record, West Texas Intermediate (WTI), the U.S. oil benchmark, plunged below zero and into negative territory. Before Monday, many thought this was impossible. Maybe,...

Monday, 04/27/2020

April 23, 2020 – Natural Gas Intelligence

Oil Market Collapse Breathes New Life into Natural Gas Forwards; Permian Curve Back Above $1

By Leticia Gonzales

Sparked by an unprecedented downturn in the oil market, natural gas forward prices exploded higher during the April 16-22 period as the prospect of reduced gas production came into focus...

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