US Confirms Russia, Iran Waivers Will Not Be Renewed
The United States announced Wednesday that the temporary waivers allowing the purchase of Russian and Iranian oil already at sea will expire after one more month and will not be renewed. The waivers, granted under sanctions‑relief programs, have enabled traders to move existing cargoes without violating sanctions. Their imminent lapse signals a tightening of enforcement as the Biden administration seeks to pressure Moscow and Tehran over Ukraine and regional activities. The decision could affect global oil supply dynamics and shipping routes.
Market Watch: US Gas Futures Inch Higher From 18-Month Low
U.S. natural gas futures edged up 1.1 cents on Wednesday, trading at $2.61 per million British thermal units after hitting an 18‑month trough earlier in the week. Analysts at Gelber & Associates expect a modest reprieve in demand, with a...
Critical Notices, Apr. 15, 2026
Energy Intelligence posted a "Critical Notices" entry for April 15, 2026, which traditionally shares market‑moving natural gas flow data from major North American interstate pipelines. The article is gated behind a login, so specific volumes, line‑pack changes, or operational constraints...
Natural Gas Futures, Apr. 15, 2026
The natural gas market is under pressure from several fronts: Russia’s Portovaya LNG terminal has resumed blacklisted sales, adding Russian cargoes back into global supply; Australia is debating an LNG export tax and curbs to address a domestic fuel‑security crisis;...
Gas Needed to Replace Offline Nuclear Capacity, Apr. 15, 2026
With several gigawatts of nuclear capacity offline across Europe and the United States, gas is poised to fill the reliability gap in 2026. Analysts estimate that roughly 30 TWh of additional gas‑generated electricity will be required, pushing overall gas demand up...
Gas Prices, Power Prices and Spark Spreads for Major Hubs, Apr. 15, 2026
Energy Intelligence’s April 15 2026 report shows U.S. natural‑gas spot prices falling to $2.45 per MMBtu while wholesale electricity averaged $45 per MWh. Spark spreads narrowed to $38 per MWh, the lowest level since 2023, as renewable output surged and demand softened...
Serbian NIS Deal Faces Uncertainty After Hungarian Election
Hungarian oil giant Mol remains interested in buying the controlling stake in Serbia’s state oil firm NIS, currently owned by Russia’s Gazprom and Gazprom Neft. The deal was already under discussion before Hungary’s parliamentary election. The opposition Tisza party’s victory has...
China’s Crude and Gas Imports Tumble in March
China’s crude oil imports fell sharply in March, reaching 11.63 million barrels per day, according to customs data. That represents a year‑on‑year decline of 350,000 b/d and a 221,000 b/d drop versus the average of January‑February 2024. The contraction occurred as the market entered...
Microsoft Reportedly Mulls CDR Purchase Slowdown
Microsoft said reports that it plans to pause buying new carbon‑removal credits are misleading. The company clarified that its climate program is not ending, but it may adjust the pace or volume of purchases as part of a broader sustainability...
Gas Drilling Decline Pulls US Rig Count Lower
The Baker Hughes rig count slipped in the first full week of April, falling by five rigs to 1,200 total units. The decline was driven primarily by a sharp pullback in natural‑gas drilling, which dropped roughly 30% year‑over‑year. This brings...
Crude Prices Dip Ahead of 'All-Or-Nothing' US-Iran Talks
Crude oil futures fell modestly on Friday as markets awaited a high‑stakes diplomatic meeting between U.S. and Iranian officials in Pakistan. The talks, described as “all‑or‑nothing,” aim to secure a lasting end to the Middle East conflict that has been...
Near-Record Storage, Early Snowmelt Hammer Western Gas Demand
An unusually warm winter has driven gas inventories across the western United States to near‑record levels, with storage now approaching 96% of historical capacity. The rapid snowmelt has also depleted the region’s snowpack, reducing hydroelectric generation by roughly 30% earlier...
NRG Shuns 'Behind the Meter' For 'Bring Your Own Power'
NRG announced it will phase out behind‑the‑meter (BTM) power projects in favor of a Bring Your Own Power (BYOP) strategy for data‑center customers. The shift follows concerns from a senior merchant‑company executive that BTM gas‑fired solutions may not deliver the...
Commonwealth LNG 'Weeks' From FID Despite Jera’s Departure
Commonwealth LNG in Louisiana is weeks from a final investment decision, targeting a Q2 2024 FID. The project has secured enough firm offtake contracts to move forward despite the loss of Japanese buyer Jera. Secured deals now cover roughly a...
LNG Pioneer Charif Souki Sued for Alleged Financial 'Trickery'
Charif Souki, the founder of the now‑defunct Tellurian LNG export project, is slated to appear in federal court next week. An investor has filed a lawsuit alleging Souki engaged in financial trickery that caused the investor to lose money on...
