Natural gas

UK gas markets to eye US for LNG supply

Transatlantic arbitrage could be on the horizon for the UK, after the manager of UK’s natural gas network National Grid, issued its second gas balancing alert this winter to address the shortfall of supplies from Norway.

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.

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.

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

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

US Wrap: Gas and gold in reverse convertibles

Barclays Bank has issued a reverse convertible note offering exposure to the US Natural Gas Fund, which tracks the movements of natural gas prices. The note lasts one year and pays an annualised coupon of 20%. It will convert into stock if the fund slips…

Paying the piper

The Nord Stream pipeline, planned to come online in 2011, will be vital to help Europe meet its future gas demands. However, financing any infrastructure project in the current climate is difficult. Roderick Bruce looks at the challenges facing Nord…

From Russia with hub

Ambitious plans to turn Baumgarten into Europe's most liquid gas hub face many challenges, but if successful could radically change the continent's gas trading landscape. Roderick Bruce reports

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