Natural Gas

Oil pump jacks in a field of tall golden grass under a pale sky near Bakersfield, California.

Oil Is Up 61 Per Cent Since February. American Natural Gas Costs What It Did a Year Ago.

Brent crude averaged $114 a barrel in September, up from $71 in February. Natural gas at Henry Hub averaged $2.95 per million British thermal units, a few cents below September 2025, while buyers in Europe and Asia were paying $24 to $27. The United States is producing record amounts of gas, and its export terminals are already running flat out.

By Daniel Okafor 59 minutes ago

Two large cream-coloured cylindrical tanks marked LNG sit on a blue vessel moored at a quayside, with a blue and orange crane above them under a clear sky.

Business

LNG Canada Will Double to 28 Million Tonnes. The Announcement Has a Date in the 2030s and No Price.

Shell and its four partners have taken the final investment decision on LNG Canada's second phase, which will double the Kitimat plant from 14 to 28 million tonnes a year. Neither the joint venture's release nor Shell's gives a capital cost, and Shell says commercial operation will begin in the early 2030s.

By Cory Chamberlain September 29, 2026

Natural Gas

Tagged stories

Oil Is Up 61 Per Cent Since February. American Natural Gas Costs What It Did a Year Ago.

LNG Canada Will Double to 28 Million Tonnes. The Announcement Has a Date in the 2030s and No Price.