Natural Gas

Superior Pipeline Secures Large Stack Play Acreage Dedication

Superior Pipeline has entered into a long-term gas gathering and processing agreement with a producer in the STACK play.

U.S. Oil and Gas Industry Sees no Supply Chain Threat from Coronavirus — API

The American Petroleum Institute says the U.S. oil and gas supply chain should not be majorly impacted by the coronavirus pandemic.

ONEOK Suspends Expansion Projects Amid Oil Price Collapse

ONEOK has suspended key expansion projects as the price of oil has continued to drop amid fears of a slowing global economy due to the coronavirus.

TC Energy Signs Letter of Intent to Acquire Pioneer Pipeline

TC Energy announced that its wholly owned subsidiary, NOVA Gas Transmission Ltd., has executed an exclusive letter of intent with Tidewater Midstream and Infrastructure Inc. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.

Marathon Petroleum Explores $15 billion MPLX Asset Sale — Sources

Marathon Petroleum Co, the largest U.S. independent refiner, is exploring the sale of assets of its pipeline subsidiary MPLX LP worth as much as $15 billion, people familiar with the matter said on Wednesday.

Kazakhstan Decreases Gas Supplies to China

Kazakhstan has reduced natural gas supplies to China by 20-25%, Energy Minister Nurlan Nogayev said on Wednesday, after importer PetroChina issued a force majeure notice to suppliers this month.

U.S. Gas Jumps Almost 9% With Oil Price Gain, Hopes of Shale Output Cuts

U.S. natural gas futures soared almost 9% on Tuesday, following a 10% increase in oil prices, on hopes of economic stimulus and expectations the oil price collapse will prompt U.S. drillers to cut back on oil and gas production in shale basins.

INGAA Chairman ‘Bullish’ on Natural Gas Pipeline Activity for 2020

Longtime industry veteran Stanley “Stan” G. Chapman, III has been selected by the Board of Directors of INGAA to serve as the organization’s chairman.

U.S. Gas Prices Turn Positive After Falling to Lowest in Decades

U.S. natural gas futures turned positive by midday Monday after earlier dropping to their lowest in over 21 years as they followed a collapse in oil prices.

Brazil's Petrobras to Begin Sales Process for NTS Pipeline Stake: Executive

Brazil’s state-run oil firm Petroleo Brasileiro SA will begin the process this month to sell its 10% stake in gas pipeline firm Nova Transportadora do Sudeste SA (NTS), according to Anelise Lara, the oil company’s director of gas and refining.

Meritage Midstream Commissions New Natural Gas Plant in Powder River Basin

Meritage Midstream announced that its subsidiary, Thunder Creek Gas Services, LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.

Pipeline Upgrades to Increase Natural Gas Flows into New England — EIA

Several natural gas pipeline upgrades are either planned or under construction in New England, which will increase deliverability into the region over the next several years, according to data from the U.S. Energy Information Administration (EIA).

Kinder Morgan Uncertain About Permian Pass Pipeline

U.S. energy company Kinder Morgan Inc said its proposed Permian Pass natural gas pipeline in Texas faced an uncertain future since no customers for the project have been lined up in the current low-price environment.

PetroChina Suspends Gas Contracts as Coronavirus Hits Demand — Sources

PetroChina has suspended some natural gas imports, including LNG and pipeline gas, as a seasonal plunge in demand adds to the impact on consumption from the coronavirus outbreak.

Nigeria to Back $2.59 Billion AKK Gas Pipeline with Sovereign Guarantee

Nigeria will issue a sovereign guarantee to back the bulk of a gas pipeline that is a core part of the government's energy strategy, Finance Minister Zainab Ahmed said on Wednesday.

U.S. Gas Prices Turn Negative at Texas Waha Hub

Natural gas prices at the Waha hub in the Permian basin in West Texas fell into negative territory, forcing some producers to pay other parties to take their gas.

Tellurian Looking to Cut Costs Amid Weak LNG Demand

Liquefied natural gas (LNG) producer Tellurian Inc said on Monday that it planned to cut spending and was seeking to extend the maturity date of a loan, as it looks to cope with weak demand and low prices for the fuel.

ONEOK to Expand Elk Creek Pipeline

ONEOK has announced plans to expand two of its natural gas pipelines by the end of Q1 2020, including the Elk Creek Pipeline.

Ameren Illinois Continues to Modernize With $8.5 Million Gas System Projects

Ameren Illinois announced additional updates to its natural gas system with $8.5 million in replacement projects scheduled for completion by late October in Springfield and San Jose.

China Imports 840 Million Cubic Meters of Gas Through Power of Siberia

China imported 840 million cubic meters of natural gas by Feb. 25 through the "Power of Siberia" pipeline, launched in December, or an average of 10 million cubic meters daily, state-run Xinhua news agency said late Wednesday.

Eversource to Acquire Columbia Gas of Massachusetts Assets for $1.1 Billion

Eversource Energy announced that it has reached an agreement to purchase the Massachusetts natural gas assets of Columbia Gas for $1.1 billion from NiSource.

Williams Seeks to Raise $5 Billion by Selling Stake in Pipelines - Sources

Williams Companies is seeking a partner to invest in a network of its pipelines in the western United States, a deal that could raise close to $5 billion for the Tulsa, Oklahoma-based company, people familiar with the matter said.

Utility to Pay $53M for Fatal Gas Line Explosion

A utility company will pay the largest criminal fine ever imposed for breaking a federal pipeline safety law — $53 million — and plead guilty to causing a series of natural gas explosions in Massachusetts that killed one person and damaged dozens of homes, federal officials said Wednesday.

Saudi Aramco Launches Largest Shale Gas Development Outside U.S.

Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.

Williams Cancels N.Y. Constitution Pipeline

Williams Cos Inc said on Monday it canceled the proposed Constitution natural gas pipeline from Pennsylvania to New York following years of opposition from politicians and environmental groups in New York.

U.S. Supreme Court Leans Toward Atlantic Coast Pipeline

A majority of the U.S. Supreme Court on Monday seemed inclined to find that the federal government had authority to grant a right of way for a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.

Canada Demands Rail Barricades Come Down as Farmers, Businesses Feel Pain

Canadian Prime Minister Justin Trudeau on Friday demanded aboriginal groups lift damaging rail blockades but the protesters at the heart of the standoff remained defiant, saying their conditions had not yet been met.

Fracking Ban Debate Causes Tremors in Battleground Pennsylvania

The notion of banning fracking is dividing the Democrats running for president and increasingly dividing Democrats in the presidential battleground state of Pennsylvania, where fracking has vaulted it to the No. 2 natural gas producer behind Texas.

Energy Transfer Signs NGL Transportation, Processing Agreement

Energy Transfer LP said on Wednesday it signed agreements with an undisclosed company for the gathering, processing, transportation and fractionation of natural gas liquids (NGLs) in the Eagle Ford shale basin through 2034, and the Delaware basin through 2040.

India Nears Record Imports as LNG Prices Slump on Virus Impact

India is set to import record volumes of liquefied natural gas (LNG) this month, data shows, taking advantage of the super-chilled fuel's price hitting all-time lows due to the coronavirus outbreak dampening demand in China.