Natural Gas
Cheniere Energy Exec Says Surging US Natgas Prices Will Spur Production
Cheniere Energy said on Thursday surging U.S. natural gas prices reflect past underinvestment followed by "a demand shock" as Europe weans itself off Russian gas, and that high prices will spur more production.
US Natgas Jumps 4% To Fresh 13-Year High on Small Storage Build
U.S. natural gas futures gained about 4% to close at a fresh 13-year high on Thursday on a smaller than usual storage build and a recent drop in U.S. output.
Williams’ Natural Gas Pipeline Ruptures in Alabama
The incident happened at a natural gas compressor facility owned by The Williams Companies Inc., located on Highway 69 in southwest Marengo County, Alabama.
Pipeline Capacity Growth Fuels Record Haynesville Gas Production
Natural gas production from the Haynesville shale reached record highs in late 2021 and remained relatively strong in early 2022 on greater takeaway capacity and demand, a new government report revealed Wednesday.
Italy Clinches Gas Deal with Algeria to Temper Russian Reliance
Algeria is Italy's second-biggest gas supplier. The Transmed pipeline has a daily capacity of more than 110 million cubic meters but currently transports only around 60 million cubic meters.
Delek Logistics Acquires Permian Basin Gathering Assets in $624.7 Million Deal
The asset base includes approximately 485 miles of pipelines, 88 million cubic feet per day of cryogenic natural gas processing capacity, 120,000 bbl of crude storage capacity and 200,000 bbl/d of water disposal capacity.
Mountain Valley Pipeline Wins Federal Approval for Stream Boring
Federal regulators approved MVP's permit request to bore under about 180 streams and wetlands it must cross to complete the 300-mile natural gas pipeline.
Warburg Pincus Uses Price Volatility to Place RimRock Oil & Gas Up For Sale
Warburg Pincus is taking advantage of the upswing in commodity prices to offload Bakken gas producer RimRock Oil & Gas, its second attempt to sell the company in just over a year.
Bolivia Gas Deal to Save $769 Million, Replace LNG Imports
Argentina's new deal with Bolivia to up natural gas imports will bring savings of $769 million in foreign-exchange reserves and replace 14 vessels of increasingly expensive LNG.
US Natgas on Track to Close at 2008 High Again on Soaring LNG Demand
U.S. natural gas futures rose about 1% on Friday, putting the front-month on track to close at its highest since December 2008.
USD Partners Completes Acquisition of Hardisty South Terminal Assets
The combined Hardisty Terminal has the designed takeaway capacity of three and one-half unit trains per day, or approximately 262,500 barrels per day.
Venture Global to Buy Gas from NextEra for Louisiana Plaquemines LNG
U.S. LNG company Venture Global LNG has agreed to buy natural gas for its Plaquemines LNG export plant in Louisiana, expected to start up in 2024, from a unit of U.S. energy company NextEra Energy Inc.
Natural Gas Critical to Future Energy Mix Amid Renewable Push, INGAA CEO Says
Natural gas and related infrastructure will be critical to securing a low-carbon economy and will continue to be a significant contributor to the U.S. long-term energy mix, according to the Interstate Natural Gas Association of America’s (INGAA) President and CEO Amy Andryszak.
Baker Hughes to Provide Hydrogen-Ready Compressor Upgrade for Greece Pipeline
Baker Hughes has been awarded a contract to supply gas turbines and compressors that can run on a blend of natural gas and hydrogen for a new compression station of the Greek Natural Gas Transmission System.
US Natgas Rises 5% to Near 9-Week High on Soaring Global Prices
U.S. natural gas futures rose about 5% to a near-nine week high as worries about Russia's plan to price energy exports in rubles caused global energy prices to spike, keeping demand for U.S. LNG exports near record highs.
Gas Flows Via Yamal-Europe Pipeline Fall to Zero, Other Flows Steady
Physical gas flows through the Yamal-Europe pipeline at Germany's Mallnow point fell to zero on Tuesday, while Russian gas deliveries to Europe on the other two key pipeline routes were broadly steady.
RGC Resources Secures $21 Million Investment to Complete Mountain Valley Pipeline
RGC Resources Inc., parent company to Roanoke Gas Co. and RGC Midstream LLC, closed a $21 million common stock investment by affiliates of The InterTech Group Inc.
Russian Gas Flows to Europe Remain Stable
Russian gas deliveries to Europe on three main pipeline routes were stable on Monday, with the Yamal-Europe pipeline continuing to flow eastwards from Germany into Poland.
FERC Slows Consideration of Climate Impact of New Gas Projects
U.S. regulators voted to seek comments on two policy statements it issued last month that provide guidance regarding the certification of interstate natural gas pipelines and consideration of greenhouse gas (GHG) emissions in natural gas project reviews.
US Firms Want Pending Natgas Pipeline Projects Excluded from Emissions Rules
The greenhouse gas policy requires any project that would result in 100,000 metric tons per year of GHG emissions must complete an environmental impact statement, which analysts said was an expensive and time-consuming process.
Sanctions on Russian Oil, Gas Will Hammer Global Market, Novak Says
Germany halted the Nord Stream 2 gas pipeline project, which was designed to double the flow of Russian gas heading direct to Germany, after Russia formally recognized two breakaway regions in eastern Ukraine.
US Natgas Futures Up with Oil Prices, Despite Mild Weather
U.S. natural gas futures edged up on Monday as the market focused more on rising oil prices than on higher gas output and forecasts for milder weather and lower heating demand next week than previously expected.
US Natgas Slides Over 2% On Rising Output, Mild Weather
That U.S. price decline came even as global demand for gas to replace Russian fuel after its invasion of Ukraine keeps U.S. LNG exports near record highs and European gas prices about seven times over U.S. futures.
Germany's E.ON Cuts Russia Exposure, Signals Nord Stream 1 Risk
E.ON has joined other energy firms in paring its Russian exposure, adding that a $1.2 billion stake it holds in the Nord Stream 1 gas pipeline could lose value as a result of Moscow's invasion of Ukraine
API Launches Pipeline Facility Construction Inspection Program to Meet Industry Demand
As U.S. natural gas producers and exporters have mobilized to meet rising energy demand and U.S. LNG volumes have increased, more qualified technicians are crucial to meet safety and environmental standards.
France, Spain in Talks to Resume Construction on MidCat Gas Pipeline Project
Launched in 2013, the gas pipeline project named MidCat (Midi-Catalonia) was meant to bring gas from Algeria, a country which already supplies 11% of the gas consumed in the European Union, up to northern Europe.
For Dutch Province, Ukraine War Is a Call to Pump Natural Gas
The Groningen field contains roughly 450 Bcm of recoverable gas. That's nearly three years' worth of European imports from Russia, according an expert at the Netherlands Organization for Applied Science.
Fossil Fuel Production to Reach New Highs in 2023
After declining in 2020, the combined production of U.S. fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 quadrillion Btu.
US Natural Gas Inventories Near 5-Year Average
After starting the winter heating season (November–March) below its previous five-year average, the Lower 48 working natural gas in storage surpassed its five-year average in mid-December during one of the warmest Decembers on record.
DNV Evaluating Hydrogen Readiness of Hungarian Gas Pipeline
GSZ Ltd., the owner and operator of the Hungarian high-pressure transmission natural gas pipeline system, commissioned DNV to assess the suitability for partial to full hydrogen transport of one of FGSZ’s pipelines.
- Williams' $1 Billion Gas Pipeline Blocked by U.S. Appeals Court, Derailing Five-State Project
- Texas Waha Hub Gas Prices Plunge to Record Lows, Hit Negative Territory
- Williams Begins Louisiana Pipeline Construction Despite Ongoing Legal Dispute with Energy Transfer
- U.S. Buys Nearly 5 Million Barrels of Oil for Emergency Stockpile
- U.S. Appeals Court Strikes Down Controversial Biden Pipeline Safety Rules
- Report: Houston Region Poised to Become a Global Clean Hydrogen Hub
- Exxon Mobil to Start Gas Reserve Seismic Surveys in Greece
- LaPorte, Texas, Issues Shelter in Place After Altivia Plant Leaks Toxic Gas
- Texas Startup Endeavors Again to Build First Major U.S. Oil Refinery Since 1977
- Second Gas Pipeline Rupture in Texas’ Reeves County Raises Environmental Concerns
