Natural Gas

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.

Greek-Italian Joint Venture Seeks Contractors for EastMed Gas Pipeline

Greece's DEPA and Italy's Edison are looking for contractors to build part of the EastMed gas pipeline.

Reporting Higher Q1 Profits, Enterprise Products CEO Puts a Personal Spin on COVID Response

Enterprise Products Partners’ outspoken co-CEO Jim Teague used a conference call with investors Wednesday as an opportunity to comment on the U.S. economic shutdown, reflecting on his personal experiences during the 1950s polio epidemic and as a helicopter pilot in Vietnam in relation to the COVID-19 response.

Poland's PGNiG Receives LNG Delivery from U.S.

Polish gas giant PGNiG received its third LNG delivery from U.S.-based Cheniere on Tuesday as part of the company's long-term plans to reduce reliance on Russia.

U.S. Natural Gas Futures Rise as Oil Slump Triggers Output Worries

U.S. natural gas futures rose on Monday, after falling nearly 9%, as the industry prepares for associated gas production to fall in line with the decline in oil production.

Declining ‘Associated Gas’ Signals Opportunity for Dry Gas Basins

As crude oil producers throttle back production in associated-gas basins, it may signal growth opportunities for dry gas basins such as Haynesville and Marcellus/Utica.

PHMSA Eases Pipeline Regulations, Enforcement in Response to Pandemic

Responding to the impact Covid-19 on midstream staffing and resources, PHMSA has issued two guidance documents to ease some operating requirements, allow discretion in enforcement and provide flexibility to support the critical needs of state and industry partners.

U.S. Gas Futures Jump to 9-Week High as Output Slides

Futures prices for U.S. natural gas jumped to their highest level in nine weeks as oil producers shut in wells amid collapsing demand.

New Analysis Showing Need for Rapid Pivot to Gas

International energy consultancy Xodus Group released a new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand.