Natural Gas
COVID-19 Mitigation Results in Lowest US Petroleum Consumption in Decades
U.S. consumption of petroleum products has fallen to its lowest level in decades because of measures that limit travel and the general economic slowdown induced by mitigation efforts for coronavirus (COVID-19).
Bulgaria's State Gas Firm Seeks Loans for Pipeline Construction
Bulgaria's state gas firm Bulgartransgaz is seeking up to 400 million euros ($453 million) to finance an extension of the TurkStream gas pipeline and other gas projects.
Kazakh Firm Plans to Spin Off Gas Shipping and Trading Unit
Kazakh state oil and gas firm KazMunayGaz said it plans to spin off its natural gas shipping and trading subsidiary Kaztransgas and will seek creditors' consent for the move.
U.S. Senators Propose Tighter Sanctions on Nord Stream 2
Several U.S. senators introduced a bill on Thursday that would expand sanctions on Russia's Nord Stream 2 gas pipeline which Washington says will increase Moscow's influence in Europe.
BP Turns Over Rights to Operate South Caucasus Pipeline
BP has turned over rights to operate the South Caucasus Pipeline (SCP), part of the network that is due to start carrying gas from Azerbaijan to Europe this year, to a unit of Azeri state energy firm SOCAR.
Greece Shortlists Six Investors in Gas Distribution Network Sale
Greece has narrowed down the list of investors being considered in a sale of its gas distribution network to six potential buyers.
Algeria's Sonatrach Becomes Majority Shareholder in Medgaz Pipeline
Algeria's Sonatrach has acquired an additional 19.10% stake in the Medgaz Pipeline making it the largest shareholder in the offshore natural gas pipeline.
LNG Deliveries to U.S. Export Facilities Decline to Lowest Level Since 2019 - EIA
According to data released from the U.S. Energy Information Administration (EIA), deliveries of natural gas to U.S. export facilities fell during most of the month of May to levels not seen in almost two years.
Negative Gas Pricing Possible in Europe as Demand Slumps
Gas markets across Europe are facing the possibility of negative pricing on futures contacts barely a month after prices for crude oil in the U.S. dropped below zero.
Russian Gas Transit via Poland Has Nearly Stopped: Ifx
Flows of natural gas from Russia across Poland on the Yamal pipeline have almost completely stopped barely a week after a transit deal between the two countries expired.
TC Energy Completes Sale of Coastal GasLink Stake
TC Energy has completed the sale of a 65% stake in its Coastal GasLink pipeline.
EU Court Throws out Challenge from Nord Stream 2
The second-highest court in Europe has dismissed a challenge by the owners of the Nord Stream pipelines against Europen Union gas rules, leaving it up to individual countries to enforce them.
Gazprom Reduced Gas Supplies to Germany, Turkey in March — Interfax
Data released from the Interfax news agency reported that Russia's Gazprom reduced its supplies of LNG in March to Germany and Turkey, two of its key partners.
EQT Cuts U.S. Gas Production as Coronavirus Depresses Prices
The largest natural gas producer in the U.S., EQT Corporation, said it has begun to reduce output from its operations in the Marcellus and Utica shale formations.
Poland Expects Russia to Continue Gas Transit to Europe
Polish authorities expect that Russia's Gazprom will continue to transport gas through their country into Europe even after a transit deal between the two countries expired earlier this week.
Williams Discontinues New York Pipeline Project After Key Permit Denial
Energy regulators in New York have once again denied a key water permit for Williams controversial Northeast Supply Enhancement Project causing the company to indefinitely suspend the project.
Poland, Russia to Cut Decades-Old Gas Transit Ties
Poland will not be renewing its gas transit deal with Russia's Gazprom once their current deal expires later this month.
Germany Denies EU Waiver for Nord Stream 2 Pipeline
Operators of the Nord Stream 2 pipeline were denied a waiver of EU regulations for the pipeline on Friday by German energy regulators.
Pandemic Impact on Global Gas Markets May Be Short-Lived
As crude oil demand and storage availability hit bottom, there are signs of hope for natural gas.
Gazprom Natural Gas Exports Slump 19% in Q1 — Source
Citing weak demand, a source told Reuters that natural gas exports on Gazprom pipelines fell by nearly 20% in the first quarter.
More Pipelines Are Needed for India to Increase LNG Imports — EIA Report
Recent data released by the U.S. Energy Information Administration shows that in order to continue to increase its LNG imports, India needs to build more gas pipelines.
APA Group Receives Funding to Test Methane in Australia’s Gas Pipelines
Australian pipeline operator APA Group has received over $1 million for its renewable methane pilot project to test the viability of the gas as a replacement for LNG.
Williams Announces Agreement on Deepwater Gulf Project
Williams has agreed to transport natural gas from Chevron and Total's Anchor offshore development to the Discovery pipeline system.
Texas Eastern Gas Pipeline Explodes in Kentucky
Enbridge responded to an explosion Monday evening on Line 10 of its Texas Eastern system in Kentucky, and said Tuesday that it has shut-in a section of the pipeline. Gas futures rose on the news.
U.S. Natgas Prices Rise on More Demand, Slowing Output
U.S. natural gas futures climbed to a 15-week high Monday and held firm in early trading today on forecasts for cooler weather and more heating demand and slowing output.
Poland's Gaz-System Reaches $306 Million Pipeline Deal with Saipem
Polish gas grid operator Gaz-System said on Monday it signed a 280 million euro ($306 million) contract with Italian oil services group Saipem to build a section of the Baltic Pipe between Denmark and Poland.
Williams Places Phase II of Hillabee Expansion in Service
Williams said it has placed Phase II of the Hillabee expansion project in service, adding natural gas capacity to the Transco system and direct access to Florida’s rapidly growing power generation market.
Russian Pipelaying Vessel Reaches Baltic as Nord Stream 2 Target Looms
A Russian pipelaying vessel that could be used to complete construction of the Nord Stream 2 gas pipeline to Germany has arrived in the Baltic Sea.
TC Energy Boosts 2020 Capex to Build Keystone XL Pipeline
TC Energy, bolstered by better-than-expected quarterly profit earnings, is raising its capital spending budget for 2020 in order to build its Keystone XL Pipeline.
Cheniere Moderates 2020 U.S. LNG Growth Estimates
Due to the coronavirus pandemic, Cheniere Energy, the largest LNG company in the U.S., has cut its growth estimates for LNG exports as well as its investment in new projects.
- 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
- Mid-Year Global Forecast: Midstream Responding to Demand from LNG Projects
