Natural Gas

Gazprom Sees European Gas Glut in 2021

Gazprom said on Monday that it expects oversupply of the European gas market to continue into 2021.

TransAlta and Tidewater Midstream Agree to Sell Pioneer Pipeline

TransAlta and Tidewater Midstream have agreed to sell the Pioneer Pipeline to ATCO Gas and Pipelines for CDN $225 million.

Polish Regulator Fines Gazprom $7.6 Billion Over Nord Stream 2 Pipeline

Polish energy regulators have fined Gazprom $7.6 billion for building the Nord Stream 2 natural gas pipeline without approval from Warsaw, the country's watchdog said on Wednesday.

New Gas Pipeline Could Heat up Azeri-Russian Rivalry

Strained Azeri-Russian ties are facing further pressure from the launch of a major gas pipeline this year that could squeeze Moscow's gas sales to Europe.

Gas Release from Kinder Morgan Pipeline in Texas

An undetermined amount of natural gas was released on Sunday from a Kinder Morgan owned pipeline which crosses under the Trinity River near Goodrich, TX outside of Livingston.

Morgan Stanley Sees Potential for $5 Natural Gas

A record decline in natural gas production and rebounding demand could create the tightest market in a decade and set the stage for Henry Hub prices up to $5/MMbtu with cold weather, according to a new Morgan Stanley forecast.

Ukraine Could Export Gas to Europe This Winter

Ukraine has collected a record volume of natural gas in storage this year and says it is open to exporting some of its stores to the European market if conditions are right.

TC Energy to Buy Rest of TC PipeLines in $1.48 Billion Deal

TC Energy has agreed to purchase the remainder of natural gas pipeline operator TC PipeLines in a deal valued at $1.48 billion.

Black Bear Transmission Sells Ozark Natural Gas Gathering Assets to Undisclosed Buyer

Black Bear Transmission has sold all the assets owned by Ozark Gas Gathering to an undisclosed buyer, six months after acquiring them from Enbridge.

GridLiance Announces Agreement to Be Acquired by NextEra Energy Transmission

U.S. pipeline operator GridLiance has agreed to be acquired by NextEra Energy.

Illinois Regulators Approve Report on Condition of Chicago Gas Distribution Network

Regulators in Illinois have agreed with the conclusion of a report that found a natural gas distribution network replacement program in Chicago from Peoples Gas will increase public and customer safety.

Azerbaijan's SOCAR Says Oil and Gas Infrastructure is Safe

State-owned Azeri energy firm SOCAR said on Tuesday that the country's oil and gas infrastructure was safe from the current military conflict taking place in the Nagorno-Karabakh region.

Jemena Reveals Plans to Extend Eastern Gas Pipeline

Australian pipeline firm Jemena has announced plans to extend its 500-mile Eastern Gas Pipeline.

Atlantic Bridge Gas Compressor Station gets U.S. Approval

U.S. regulators have given Enbridge final approval to put its Weymouth natural gas compressor station in service.

China on Course for Record LNG Imports as Industries Recover, Expand

China's imports of LNG will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial use and robust residential demand.

U.S. Tightens Waiver for Iraq Gas Imports from Iran

The United States has extended a sanctions waiver that enables Iraq to continue importing gas from Iran but this time granting a significantly shorter waiver period, Iraqi officials and the U.S. State Department said Thursday.

Pipeline Rupture at India Gas Plant Sparks Fire, Halts Supply

A fire at an Oil and Natural Gas Corp plant caused by a pipeline rupture has cut gas supplies to customers including power and fertilizer companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd.

UAE, Israel Discuss Pipelines, Infrastructure for Gas Exports to Europe

The energy ministers of the United Arab Emirates and Israel discussed possible cooperation and investment opportunities, including natural gas exports to Europe, in a video call on Wednesday, an Israeli statement said.

Mountain Valley Seeks U.S. Approval to Resume Pipeline Construction

Mountain Valley Pipeline asked federal regulators for permission to resume construction on the $5.4-$5.7 billion pipeline from West Virginia to Virginia by Sept. 25.

Austrian Utility OMV Sells Gas Pipeline Unit to Rival Verbund

Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and finance its acquisition of a leading plastics maker.

Top Shipping Insurance Group Will Not Cover Ships Linked to Nord Stream 2

The world's largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions.

East Mediterranean States Formally Establish Egypt-Based Gas Forum

Six Mediterranean countries signed a charter on Tuesday to formally establish a group that seeks to boost natural gas exports from the region.

Pandemic to Trim China's 2020 Gas Demand Growth — Report

Natural gas consumption in China is expected to grow at the slowest rate in five years according to a new report released by Beijing.

PowerChina Eyes Rail Project to Transport Oil and Gas From Argentina's Vaca Muerta

Chinese energy firm PowerChina is in talks to finance a rail project to transport oil and gas from Argentina's Vaca Muerta shale play to the port city of Bahia Blanca,

U.S. Gas Futures Fall to 6-Week Low on Big Storage Build

U.S. natural gas futures fell nearly 10% to a 6-week low on Thursday as utilities injected more LNG than expected into storage.

EQT Bids for Chevron U.S. Shale, Pipeline Assets in Appalachia — Sources

According to sources, EQT Corp, the largest LNG producer in the U.S. by volume, has placed a bid on Chevron's natural gas assets in Appalachia, including pipelines.

Russian Ship Sails for Nord Stream 2 Supply Base in Germany

Recent tracking data showed a Russian ship heading towards the German base of Nord Stream 2 pipeline project as the Kremlin seeks to push forward with the project.

Fossil Fuel Demand to Take Historic Knock Amid COVID-19 Scars — BP

BP is expected fossil fuel consumption to shrink for the first time in history as the pandemic has destroyed global energy demand and climate policies boost the development of renewable energy.

Black Bear Completes Acquisition of Natural Gas Assets from Third Coast Midstream

Black Bear Midstream announced it has closed its acquisition of natural gas pipeline assets from Third Coast Midstream.

Argentina Pitches Pipeline to Brazil for Vaca Muerta Shale Gas

Officials in Argentina are planning to propose a multibillion-dollar pipeline project with Brazil to carry shale gas from Argentina's Vaca Muerta shale play to Brazil's gas distribution market.