Best in Energy – 13 February 2023

Cyber-attack disabled futures reporting system

China/Qatar negotiating LNG buying agreement

U.S. shale producers plan more mergers ($FT)

U.S. gas futures price volatility is rising ($WSJ)

Freeport LNG had systemic safety failures ($BBG)

Global petroleum supply and inflation risk ($BBG)

NORTHEAST ASIA has experienced an unusually cold winter, in contrast to milder than normal temperatures at the other end of the Eurasian continent. Heating demand in Beijing, the heart of the Beijing-Tianjin-Hebei (Jīng-Jīn-Jì) mega-region, with a combined population of 113 million, has been +8% higher than the long-term average so far this winter. Beijing’s daily temperatures were below the seasonal average on 43 of 62 days in December and January: