Natural Gas

Texas Railroad Commission: Statewide Gas Flaring Falls to Lowest Rate in Years

In July, the statewide flaring rate in Texas fell to its lowest rate in years according to Railroad Commission data, falling by more than 75% since August 2019.

U.S. NatGas Futures Rise on Cooler Weather, Rising Heating Demand

U.S. natural gas futures climbed to a one-week high on Friday as some parts of the country start to crank up their heaters with the coming of cooler weather and as near record global gas prices keep demand for U.S. LNG exports high.

Sources Say U.S. Gas Producer Gulfport Energy Explores Sale

Gulfport is currently seeking to renegotiate two contracts with pipeline companies. Scrapping them could help it save money.

U.S. NatGas Futures Rise on Soaring Global Prices, Low Output

U.S. natural gas futures rose from a two-week low on Thursday as soaring global gas prices kept demand for U.S. LNG exports high and output remained sluggish after Hurricane Ida in late August.

Ukraine Says it Will Not Offer Extra Interruptible Gas Transit Capacity for October

Ukraine's gas pipeline operator will not offer additional interruptible transit capacity for Russian gas to Europe for October as supplier Gazprom has not booked any extra guaranteed capacity, the operator said on Thursday.

Cheniere Louisiana Sabine 6 LNG Export Unit Moves Closer to Entering Service

U.S. energy regulators on Wednesday gave Cheniere Energy Inc. permission to introduce feedgas to commission parts of the sixth liquefaction train at the U.S. LNG company's Sabine Pass LNG export plant in Louisiana.

Soaring Gas Prices Ripple Through Heavy Industry, Supply Chains

Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.

Why a Crisis Over European Gas Prices Caused Panic About CO2 Supplies

Britain struck a deal with a major producer of fertilizer and carbon dioxide to restart two plants which had halted operations due to soaring prices for natural gas. The closures had led to fears that the production of a wide range of food and drinks could be shut down within days.

UK has Plans to Protect Consumers from Soaring Gas Prices – Business Minister

Britain has plans in place to protect the market and consumers from soaring global gas prices, business minister Kwasi Kwarteng said on Sunday following a meeting with the head of energy regulator Ofgem.

Norway to Raise Gas Exports to Europe as Prices Soar

Norway will allow state-controlled Equinor and its partners to increase gas exports from two offshore fields for the next 12 months amid concerns over a shortage of European gas supplies that have sent prices soaring.

Syria Says Gas Pipeline at Deir Ali Power Station Resumes After Islamic State Attack

The gas pipeline at the Deir Ali power station has returned to operation after completion of repairs, the Syrian Ministry of Oil announced on Saturday, according to Syrian state TV.

Group of EU Lawmakers Seeks Probe of Gazprom's Role in Gas Price Surge

A group of European Parliament lawmakers has asked the European Commission to investigate Gazprom's role in soaring European gas prices, saying the company's behavior had made them suspect market manipulation.

Russia's Gazprom Says Europe Gas Prices Could Set New Records

Already high natural gas prices in Europe could scale new heights due to low gas storage levels, Alexei Miller, boss of Russian supplier Gazprom, said on Friday.

Russian Diamond Producer Tests CO2 Capture Potential by its Ore

State-controlled diamond producer Alrosa has teamed up with Russian scientists to test the ability of its processed ore to absorb carbon dioxide, the company said, adding that initial results of the study have been promising.

Italgas Expects DEPA Deal to Drive Earnings as Greece Looks to Gas

Italgas is working to ready its pipelines in Italy to carry biogases in the future and its experience could be transferred to Greece.

Gulf Coast Oil Companies Return to Ida Recovery as Nicholas Recedes

Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.

Russia to Consider Rosneft's Access to Nord Stream 2

Russia's energy ministry is due to prepare a report in the coming days on the possibility of Rosneft exporting gas to Europe via the new Nord Stream 2 pipeline, Interfax cited Deputy Prime Minister Alexander Novak as saying on Wednesday.

Record Gas Prices Could Hasten Nord Stream 2 Launch, Analysts Say

Record gas prices in Europe could hasten clearance for fuel supplies via Russia's Nord Stream 2 pipeline to Germany, analysts said on Tuesday.

Enbridge’s Cameron Extension Pipeline Project Nearing Completion

Texas Eastern Transmission’s Cameron Extension pipeline project in southwestern Louisiana is on track to be mechanically complete in October, leading to a November in-service, an Enbridge spokesperson said.

Colonial Pipeline Shuts, Power Outages Rise as Nicholas Brings Rains, Wind

The largest U.S. fuel line shut down on Tuesday due to power outages caused by Nicholas, which made landfall as a hurricane before weakening on Tuesday, the second U.S. Gulf storm in as many weeks.

EIA Expects U.S. Natural Gas Consumption to Decline Through 2022

The Energy Information Administration forecasts natural gas consumption will decline in all end-use sectors in the U.S. except in the industrial sector and for other non-sector-specific uses (lease and plant fuel, pipeline and distribution use, and vehicle use).

EIA Reports: Natural Gas Exports to Mexico Set Monthly Record

Natural gas pipeline exports from the United States to Mexico surpassed 7 Bcf/d on multiple days during June, according to data from Wood Mackenzie. The highest amount of pipeline exports, 7.4 Bcf/d, was sent out on June 17.

EIA Expects Higher Natural Gas Prices Due to Production Reductions Following Hurricane Ida

The U.S. Energy Information Administration expects that natural gas prices will remain higher in the coming months following Hurricane Ida. In its September Short-Term Energy Outlook, EIA forecast fourth-quarter Henry Hub spot prices to average $4.00 per MMBtu, a 16% increase from its August forecast.

Lebanon to Get Egyptian Gas via Pipeline in Plan to Ease Crisis

Egyptian natural gas will be piped to Lebanon via Jordan and Syria to help boost its electricity output under a plan agreed by the four governments on Wednesday to ease a crippling power crisis.

Exxon to Begin Certifying Some Shale Gas Emissions Amid Investor Pressure

Exxon Mobil Corp on Tuesday said it will begin measuring methane emissions from production of natural gas at a New Mexico facility, joining several shale gas producers seeking to provide the data to buyers.

U.S. NatGas Slips on Milder Weather View, Post-Ida Restarts

U.S. natural gas futures slipped on Tuesday as forecasts projected milder weather and energy firms continued efforts to restart facilities along the U.S. Gulf Coast after Hurricane Ida.

Securing America’s Critical Energy Infrastructure: 5 Steps for Operators

Today, fearing the worst, oil and gas companies – and the federal government – are putting a renewed emphasis on cybersecurity in this crucial component of our nation’s critical infrastructure sector. In this threatening and confusing landscape, operators follow five steps detailed in this article.

Black Sea Oil & Gas Project a Litmus Test for Romanian Offshore Gas Investment

Black Sea Oil & Gas is pressing ahead to be the first company to tap Romania's offshore gas fields despite a disputed tax that has stymied other projects, but if the levy remains, it could impact its operations in the country.

Papua New Guinea Hands Pandora Gas Field to State-Owned Kumul

The Papua New Guinea government has awarded Kumul Petroleum rights to develop the Pandora gas field, estimated to hold 1 trillion cubic feet of gas, rejecting other bids to keep control of PNG's resources within the country.

U.S. NatGas Gains as Energy Firms Struggle to Restart Post-Ida

U.S. natural gas futures gained on Friday as significant output remained offline in the aftermath of Hurricane Ida, exacerbating supply concerns in an already tight market.