Natural Gas

Duke Energy Takes $1.6 Billion Charge to Exit Atlantic Coast Pipeline

Duke Energy announced it has taken a $1.6 billion charge in relation to the cancellation of the Atlantic Coast natural gas pipeline.

U.S. Natural Gas Has Biggest Weekly Gain Since 2009

U.S. natural gas futures on Friday jumped to their highest since December after rising by the most in a week since 2009, as LNG exports increased and forecasts called for hot weather through late August.

New Midstream Joint Venture to Provide Permian Basin NGL Takeaway Capacity

Three U.S. midstream companies have formed a new joint venture to provide transport solutions for natural gas liquids in the Permian Basin.

Ukraine Says no Plans to Resume Gas Purchases from Russia

Ukraine has said it would not resume buying natural gas supplies from Russia until Moscow offers competitive terms and pricing.

TC Energy Announces $400 Million ANR Pipeline Enhancement Project

TC Energy has announced it will proceed with enhancements to its ANR natural gas pipeline transmission system.

U.S. LNG Exports Set to Rise for First Time in Six Months

U.S. exports of LNG are set to rise in August for the first time in six months according to industry experts, sending the price of gas to a three-month high on Monday.

Equitrans Confirms Early 2021 Startup for Mountain Valley Natural Gas Pipeline

Equitrans Midstream confirmed on Tuesday that the company plans to start up its Mountain Valley natural gas pipeline by early 2021.

National Fuel Completes Acquisition of Shell Pennsylvania Upstream and Midstream Assets

National Fuel announced it has completed the purchase of upstream and midstream assets in Pennsylvania from a subsidiary of Shell.

Report: LDCs Own Residential, Commercial Sectors but Pipelines Fuel Power

A new government report on the U.S. natural gas industry shows that local distribution companies supply 90% of natural gas to U.S. residential and commercial sectors, but pipeline companies handle the biggest volumes through direct delivery to electric power and industrial customers.

Brazil's Petrobras Forges Ahead with Midstream, Downstream Divestments

Speaking to investors on Friday, executives at Petrobras, Brazil's state-run oil firm, said the company is moving forward with the IPO of its gas pipeline assets and expects to conclude a deal for its RLAM refinery in the near future.

U.S. Natgas Demand Up as Total Energy Use Hits 30-Year Low

U.S. natural gas consumption defied trends through the pandemic days of April 2020 with a year-over-year increase during a month in which total energy demand fell to a 30-year low.

Trump Seeks out Loyal Donors in West Texas Oilpatch

President Donald Trump's visit to a U.S. fracking hub on the West Texas plains comes during the state’s fierce coronavirus outbreak and a global oil and gas glut that is putting the squeeze on his loyal donors in the petroleum industry.

U.S. Gas Rises 2% as Pipeline Exports Increase, Despite Warm Forecasts

Futures prices for U.S. natural gas rose on Tuesday as pipeline exports increase despite continuing forecasts for warmer weather.

China Starts Building Southern Section of East-Route Pipeline

Construction has started on the southern portion of the China-Russia East natural gas pipeline, which carries supplies from the Power of Siberia system in Russia, PipeChina announced Tuesday.

PipeChina to Take on $56 Billion of Pipelines to Boost Network Access

China is taking major steps to consolidate its midstream oil and gas sector with the newly formed state-owned PipeChina taking on more than $55 billion in assets.

Kinder Morgan Reports Loss After $1 Billion Charge

Kinder Morgan reported a second-quarter net loss of $637 million after downgrading the value of some assets due to the market impact of Covid-19.

Delayed Romanian Black Sea Gas Projects Pose Risk to Pipeline

Romania is looking to finalize plans to build a pipeline through Eastern Europe but delayed plans to extract gas from the Black Sea leave the project in doubt.

Petrobras Sells Remaining Stake in TAG to Engie Brasil, CDPQ

Petrobras, Brazil's state-owned oil company, has agreed to sell its remaining stake in natural gas pipeline company TAG Engie Brasil and Canadian investment fund Caisse de Depot et Placement du Quebec (CDPQ).

Williams Receives Approval for Mid-Atlantic Pipeline Expansion

The Federal Energy Regulatory Commission has approved capacity expansion on William's Leidy South natural gas pipeline.

Snam and Baker Hughes Test First Hydrogen Hybrid Turbine for Gas Transportation

Snam and Baker Hughes have announced the successful completion of testing for a new "hybrid" turbine that will allow pipelines to carry hydrogen along with natural gas.

Israel Approves Pipeline Deal to Sell Gas to Europe

Israel has approved an agreement with European countries to build the Eastmed pipeline to supply gas to Europe from the eastern Mediterranean.

Czech Gas Firm Scales Back Poland, Austria Interconnector Plans

Net4Gas, a Czech gas pipeline operator, has scaled back and delayed plans to build new pipeline connections with Poland and Austria according to the company's new investment plan.

U.S. Extends Sanctions on Companies for Work on Russian Pipelines

U.S. Secretary of State Mike Pompeo announced on Wednesday that the country will be extending sanctions against companies working on two major Russian pipelines if the firms do not halt their work.

Natural Gas Efficiency Programs Pay Off in Reduced Costs, Carbon Emissions

North American natural gas utilities have been spending nearly $4 million a day for programs to make customers more efficient use of the fuel. A new study shows those investments are paying off.

Building a Gas Utility for Future Prosperity

Nicor Gas, the largest natural gas distribution company in Illinois with 2.2 million customers, is one provider that has embraced new opportunities by launching a robust meter modernization program.

FERC Approval Gives Alaska LNG 10 Years to Start Operations

Federal authorization for the Alaska liquefied natural gas (LNG) project sets a 10-year deadline to start operating the gas pipeline and liquefaction plant, twice as much time as regulators have generally allowed for other U.S. LNG export terminal developers to build multibillion-dollar facilities.

U.S. Natural Gas Output Rises After Mountaineer Express Pipeline Returns

U.S. natural gas production rose over the weekend after TC Energy Corp’s Mountaineer Xpress pipeline in West Virginia returned to service following unplanned work, according to the company and data from Refinitiv.

Bulgartransgaz Offered Over $600 Million to Complete TurkStream Expansion

Bulgaria's state-owned Bulgartransgaz said it has received offers totaling more than $600 million to help complete an expansion of the TurkStream gas pipeline.

U.S. Crude, Natural Gas Demand to Fall in 2020, Oil Decline Less than Forecast — EIA

New data released from the U.S. Energy Information Association forecasts a decline in domestic oil and natural gas production for 2020 with the decline in oil production to be less than previously forecast.

Russian Vessel Able to Complete Nord Stream 2 Pipeline Departs from German Port

A Russian vessel that has the capabilities needed to complete the Nord Stream 2 pipeline has left the project's staging area in Germany where it was docked.