Natural Gas

EIA Expects U.S. Natural Gas Consumption to Decline Through 2022

The Energy Information Administration forecasts natural gas consumption will decline in all end-use sectors in the U.S. except in the industrial sector and for other non-sector-specific uses (lease and plant fuel, pipeline and distribution use, and vehicle use).

EIA Reports: Natural Gas Exports to Mexico Set Monthly Record

Natural gas pipeline exports from the United States to Mexico surpassed 7 Bcf/d on multiple days during June, according to data from Wood Mackenzie. The highest amount of pipeline exports, 7.4 Bcf/d, was sent out on June 17.

EIA Expects Higher Natural Gas Prices Due to Production Reductions Following Hurricane Ida

The U.S. Energy Information Administration expects that natural gas prices will remain higher in the coming months following Hurricane Ida. In its September Short-Term Energy Outlook, EIA forecast fourth-quarter Henry Hub spot prices to average $4.00 per MMBtu, a 16% increase from its August forecast.

Lebanon to Get Egyptian Gas via Pipeline in Plan to Ease Crisis

Egyptian natural gas will be piped to Lebanon via Jordan and Syria to help boost its electricity output under a plan agreed by the four governments on Wednesday to ease a crippling power crisis.

Exxon to Begin Certifying Some Shale Gas Emissions Amid Investor Pressure

Exxon Mobil Corp on Tuesday said it will begin measuring methane emissions from production of natural gas at a New Mexico facility, joining several shale gas producers seeking to provide the data to buyers.

U.S. NatGas Slips on Milder Weather View, Post-Ida Restarts

U.S. natural gas futures slipped on Tuesday as forecasts projected milder weather and energy firms continued efforts to restart facilities along the U.S. Gulf Coast after Hurricane Ida.

Securing America’s Critical Energy Infrastructure: 5 Steps for Operators

Today, fearing the worst, oil and gas companies – and the federal government – are putting a renewed emphasis on cybersecurity in this crucial component of our nation’s critical infrastructure sector. In this threatening and confusing landscape, operators follow five steps detailed in this article.

Black Sea Oil & Gas Project a Litmus Test for Romanian Offshore Gas Investment

Black Sea Oil & Gas is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains, it could impact its operations in the country.

Papua New Guinea Hands Pandora Gas Field to State-Owned Kumul

The Papua New Guinea government has awarded Kumul Petroleum rights to develop the Pandora gas field, estimated to hold 1 trillion cubic feet of gas, rejecting other bids to keep control of PNG's resources within the country.

U.S. NatGas Gains as Energy Firms Struggle to Restart Post-Ida

U.S. natural gas futures gained on Friday as significant output remained offline in the aftermath of Hurricane Ida, exacerbating supply concerns in an already tight market.

Over 89% of Oil, Gas Output Shut in U.S. Gulf of Mexico

Oil and gas production in the U.S. Gulf of Mexico on Friday remained largely halted in the aftermath of Hurricane Ida, with 1.7 million barrels, or 93%, of its daily crude output suspended.

China's Zhenhua Oil Seeks Tie-Up with Local Firm for First Gas Terminal

China's Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first import facility the state-run trader will own a stake in.

U.S. Energy Firms Strain to Shake Off Hurricane's Toll

U.S. oil and gas companies strained to get offshore operations back up and running on Thursday as the extent of Hurricane Ida's damages became more apparent.

Ukraine Warns Europe to be Dependent on Russia for Gas Supply with Nord Stream 2

The launch of Russia's Nord Stream 2 gas pipeline will mean Europe will be solely dependent on Moscow-run pipelines as the Ukrainian route for gas delivery to Europe disappears, the head of Ukraine's gas transit operator said.

U.S. NatGas Firms on Supply Woes as Focus Turns to Storage Report

U.S. natural gas futures were near their highest in about three years on Thursday, buoyed by overall projections for lower supply as investors prepared for a federal report expected to show a smaller-than-normal storage build.

Australia Bucks Climate Trend with Plan to Subsidize Natural Gas, Coal

Australia's federal government is proposing what amounts to a subsidy to natural gas- and coal-fired power generation, in a bid to solve a problem the country's energy market operator says doesn't exist.

U.S. NatGas Soars Over 7% to 32-Month High on Small Storage Build, Hot Weather

U.S. natural gas futures soared over 7% to a 32-month high on a much smaller than expected storage build during hot weather last week.

ConocoPhillips-Backed Solaris Readies IPO with Sustainability Pitch

ConocoPhillips-backed Solaris Midstream Holdings LLC, the water pipeline company serving the U.S. oil and gas fracking industry, is preparing for an initial public offering (IPO) that it hopes will attract sustainability-focused investors.

WhiteWater Announces Acquisition of Sendero’s Gateway Pipeline

WhiteWater announced the acquisition of Sendero’s Gateway Pipeline. The 24-inch Gateway Pipeline is connected to WhiteWater’s Agua Blanca natural gas pipeline system.

EIG Global Energy Partners Submits Offer for Petrobras Pipelines in Brazil

U.S. private equity firm EIG Global Energy Partners submitted a binding offer worth several hundred million dollars on Monday for Petrobras' TBG and TSB natural gas pipelines in Brazil, a source said.

Spire Could Get More Time to Operate Missouri STL NatGas Pipeline

Spire Inc. will likely get more time to keep its STL pipeline in Missouri operating after the environmental group that won a court decision requiring the pipe shutdown asked the court for more time, according to analysts.

Papua New Guinea Resumes Talks with Exxon on Gas Field Agreement

The Papua New Guinea government and U.S. oil major Exxon Mobil Corp plan to resume talks on the P'nyang natural gas project, nearly two years after their negotiations halted.

India to Monetize $81 billion of State Assets, Including Pipelines

India plans to sell 6 trillion rupees ($80.90 billion) worth of state-owned assets over the next four years under privatization plans previously announced in the 2021/2022 budget to boost public finances.

Ukraine Offers Extra 15 Mcm/Day of Gas Transit Capacity for October

Ukraine is offering guaranteed extra transit capacity for Russian gas to Europe at 15 million cubic meters per day for October, the head of the country's gas pipelines operator told Reuters.

Russia Expects Nord Stream 2 to Deliver 5.6 Bcm of Gas This Year

The Nord Stream 2 pipeline, which is currently under construction, is expected to deliver 5.6 billion cubic meters of Russian natural gas to Europe this year, gas producer Gazprom said on Thursday.

Australia Faces ‘Precarious’ Gas Supply in 2022, Watchdog Warns

Australia's southern states could face a gas shortfall in 2022 unless LNG exporters offer more gas into the domestic market, the Australian Competition and Consumer Commission said.

UK Government Sets Out Strategy for a Hydrogen Economy

The British government launched a strategy to meet its goal of 5 GW of low-carbon hydrogen production by 2030 to replace natural gas in powering around three million homes, as well as industry and transport.

Oil Industry Sues Biden Administration Over Drilling Auction Pause

Major U.S. oil industry groups sued the Biden administration for halting drilling auctions on federal lands and waters this year, arguing the government is required by law to hold regular sales.

U.S. Treasury to Oppose Development Bank Financing for Most Fossil Fuel Projects

The Treasury said it would oppose upstream natural gas projects, but could support midstream and downstream natural gas projects in poor countries that meet the World Bank's International Development Association targets.

New Fortress Energy to Provide Natural Gas to Unigel’s Brazilian Fertilizer Plants

The supply of gas from NFE’s Suape and Sergipe LNG terminals in Brazil’s northeast will connect Unigel’s operations to the global LNG and natural gas markets as well as significantly reduce pipeline transportation charges.