Natural Gas Prices Surge 23% on Cold Shock and Short Covering

U.S. natural gas prices surged sharply on Tuesday, posting one of the largest single-day gains seen this winter as the market quickly repriced near-term supply risk. Front-month Henry Hub futures…

US Natgas Futures Soar 27% to 3-Week High on Frigid Weather Forecasts, Short Covering

(Reuters) – U.S. natural gas futures soared 27% to a three-week high on Tuesday on forecasts for much colder weather and higher heating demand over the next two weeks than…

Blackstone Weighs $5 Billion Sale of Beacon Offshore, Bloomberg News Reports

(Reuters) – Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg…

Trump Says US Has Taken 50 Million Barrels of Oil Out of Venezuela

(Reuters) – U.S. President Donald Trump said on Tuesday that his administration had taken 50 million barrels of oil out of Venezuela, and was selling some of it in the…

APA Curtails Quarterly US Natgas, NGL Production on Weak Prices

(Reuters) – Oil and gas firm APA Corp said on Tuesday it curtailed production by about 91 million cubic feet per day of U.S. natural gas and 7,600 barrels per…

Glenfarne Announces Strategic Partnership With Danaos to Advance Alaska LNG

ANCHORAGE, Alaska–(BUSINESS WIRE)–Glenfarne Group, LLC (“Glenfarne”) subsidiary Glenfarne Alaska LNG, LLC, majority owner and developer of the Alaska LNG Project, and Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s…

OPEC’s Smallest Producer Seeks Prepaid Oil and Gas Deals with Traders

Equatorial Guinea is looking to strike prepaid oil and LNG delivery deals with commodity traders as OPEC’s smallest oil producer needs money to maintain operating fields and revive its upstream…

Tepco restarts Kashiwazaki-Kariwa reactor

“Today, we received approval from the Nuclear Regulation Authority (NRA) to begin test operation of the reactor to confirm the integrity of the equipment, including a pre-operational operator inspection to…

Cooling system tests at RA-10 multipurpose reactor

Argentina’s National Atomic Energy Commission (CNEA) said the commissioning “allowed, for the first time, the observation of coolant circulation through the reactor’s primary circuit. This milestone enables the comprehensive verification…

International safety assessments of Finnish, French SMRs

The Finnish Radiation and Nuclear Safety Authority (STUK) conducted a preliminary safety assessment of the LDR-50 last year. In June, STUK said the draft concept assessment for Steady Energy’s LDR-50…