Natural Gas
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.
Linde Debuts Plant for Extracting Hydrogen from Natural Gas Pipelines
Linde Engineering started a full-scale pilot plant in Germany to showcase how its HISELECT powered by Evonik membrane technology can extract hydrogen from natural gas pipelines, contributing to a decarbonized industry.
Williams’ Expanded Transco System Delivers Record Volumes
Williams delivered a record amount of natural gas on its Transco interstate pipeline, providing essential and reliable service to natural gas distribution companies, electric power generators, LNG exporters and other customers located along the Eastern Seaboard and Gulf Coast.
Russian Gas Will Continue to Flow Through Ukraine to Europe, Ukrainian Official Says
Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the head of Ukraine's state energy firm Naftogaz said.
Coastal GasLink Pipeline Project More Than Halfway Complete
Coastal GasLink’s pipeline project is more than 57% complete overall, and more than 46% of the construction is finished, according to its monthly construction update.
Petrobras and EIG Near Deal for Bolivia-Brazil Gas Pipeline
State-run Brazilian oil company Petrobras is close to reaching an agreement to sell to U.S. private equity firm EIG Energy Partners control of a natural gas pipeline that connects Bolivia and southern Brazil.
Protecting Pipelines from Effects of Alternating Current
To meet the growing demand for natural gas, hundreds of new pipelines are being installed in the same corridors as high-voltage alternating current (HVAC) transmission lines.
Energean Enters Israeli Gas Purchase Agreement with IEC
Starting with the commencement of first gas production from Karish, the agreement will be valid for an initial one-year period with an option to extend subject to ratification by both parties.
Pine Wave Energy Partners to Sell Haynesville Acreage, Gathering Assets
The sale includes approximately 12,500 net acres and 100 million cubic feet per day of net production with 18 miles of gathering pipeline in east Texas and northwest Louisiana.
Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois
The leak into the Cahokia diversion channel was first detected on Friday morning and booms were deployed to try and contain the oil, parent company Marathon Petroleum Corp. said in a statement.
Russian Gas Flows on Key Pipelines to Europe Remain Steady
Russia continued to send pipeline gas into Germany via Nord Stream 1 and Poland and into Slovakia via Ukraine at broadly unchanged levels, pipeline operator data showed.
US Ethanol Industry Banks on Carbon Capture to Solve Emissions Problem
The nascent CCS industry has been plagued by high costs and underperformance, crucial federal incentives for carbon capture are stalled in Congress, and public opposition to the pipeline infrastructure needed to transport captured gas is mounting.
CERAWeek: No Short-Term Solution for European Gas Crisis, Says Tellurian CEO
Europeans are very lucky that it was a warm winter, panelists said at a CERAWeek session on Wednesday, referring to an ongoing natural gas crisis that start long before Russia invaded Ukraine.
US Natgas Up 2% on Big Storage Draw, Near Record LNG Exports
U.S. natural gas futures gained around 2% on Thursday as near-record LNG exports caused utilities to pull more of the fuel from storage than expected last week.
Russian Piped Gas Deliveries to Europe Remain Stable
The Yamal-Europe pipeline usually accounts for about 15% of Russia's supply of gas to Europe and Turkey but from December 21 until recently had been operating in reverse, which helped drive up European gas prices.
Shell Faces $400 Million Writedown on Russian Downstream Assets
In February, the oil major quit its ventures in Russia with Gazprom and related entities including the flagship Sakhalin 2 LNG plant and the Nord Stream 2 pipeline project.
Gas Security a Growing Worry Due to Russia's Export Dominance
Energy industry leaders said the burgeoning energy crisis is more dire for Europe's natural gas market than its crude oil imports, due to the continent's dependency on Russia.
Remorseful Shell Abandons Russian Oil
Shell stopped buying Russian crude and said it would phase out its involvement in all Russian hydrocarbons from oil to natural gas over Ukraine, becoming one of the first major Western oil companies to abandon Russia entirely.
Enel Ready to Resume LNG Plan as Italy Steps Up Gas Hunt
Italy's biggest utility Enel is ready to dust off plans to build an LNG terminal in southern Italy as Rome steps up its efforts to find alternative supplies to replace Russian gas.
Europe's Plan to Wean Itself Off Russian Gas
The European Union laid out plans to cut its reliance on Russian gas by two-thirds this year and end it "well before 2030", in a bid to wrest countries free from depending on Moscow for energy.
Biden Bans Russia Oil Imports to US, Warns Gasoline Prices Will Rise Further
U.S. President Joe Biden has banned Russian oil and other energy imports in retaliation for the invasion of Ukraine, underscoring strong bipartisan support for a move that he acknowledged would drive up U.S. energy prices.
Venture Global Says Shell to Buy LNG from Louisiana Plaquemines Plant
U.S. LNG exporter Venture Global LNG said that oil and gas major Shell has agreed to buy LNG produced at its proposed Plaquemines LNG export plant in Louisiana.
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
