Natural Gas

U.S. Agency Commits $688 Million to Projects in Argentina

The U.S. government's development finance institution has approved four projects worth $688 million in Argentina, including oil and gas transportation and processing infrastructure for the Vaca Muerta field.

Gas Prices Forecast to Fall to '70s Levels on Pipeline Oversupply

An oversupply of natural gas in the United States from new pipelines will drive average prices at the Henry Hub benchmark to a level not seen since the 1970s, according to a report from IHS Markit on Thursday.

TurkStream 2nd String to Cross Bulgaria, Serbia, Hungary

The second leg of the TurkStream gas pipeline is planned to go through Bulgaria, Serbia and Hungary, Russian Energy Minister Alexander Novak announced, as Moscow prepares to phase out gas transit to Europe via Ukraine.

Jobs Fall as Shale Boom Cools

U.S. oil and gas employment has started to fall as producers and service companies respond to the sharp decline in prices since the fourth quarter of 2018.

EU to Push for Progress in Ukraine-Russia Gas Talks

The European Union will do all it can to facilitate talks next week between Ukraine and Russia on future gas transits after their contract expires in January, the bloc's energy commissioner said on Wednesday.

Mexico Gets Deal with Final Holdout Firm in Pipeline Contract Dispute

Mexico's government has reached a deal with infrastructure firm Fermaca in its renegotiation of natural gas pipeline contracts signed under the last government, Mexican President Andres Manuel Lopez Obrador said on Wednesday.

Pipelines Emerging in Africa’s Quest for Gas Power

Despite the many advances in the electrification of Africa, much of the continent has yet to be connected to the grid or have access to reliable and affordable power supplies. According to World Bank figures, Africa’s electrification rate is just 42%.

Natural Gas-Burning Power Plant Operations Vary During Cold Weather

Power generation in New England and New York is largely dependent on natural gas, which accounts for more than half of the region’s electricity generating capacity.

New Pipelines Open Permian Tap as Demand Outlook Grows Cloudy

After scrambling to catch up with fast-growing Permian Basin crude oil production, pipeline operators appear to be entering a period of excess takeaway capacity with the completion of new and expanded systems this year.

PHMSA Likely to Accelerate LNG Rail Shipments

Environmentalists are broadening their opposition to natural gas transportation beyond pipelines by opposing the shipment of LNG on rail cars.

Israel Expects to Begin Gas Exports to Egypt By Year End

Israel’s Delek Drilling said it has completed testing of a subsea natural gas pipeline to Egypt and expects to begin exports by year end. That schedule was reaffirmed by Israeli Energy Minister Yuval Steinitz, who told Reuters in late July that gas exports to Egypt would begin within four months.

EU's Top Court Curtails Gazprom Access to Nord Stream Pipeline Link

Europe's top court on Tuesday overruled a 2016 EU decision allowing Russia's Gazprom to ship more gas via the Opal gas pipeline, which links the company’s Nord Stream pipeline to Germany.

Texas Waha Gas Prices Rise Ahead of Gulf Coast Pipeline Start-Up

Spot natural gas prices at the Waha hub in the Permian basin in West Texas rose to their highest since March as Kinder Morgan Inc’s new Gulf Coast Express pipeline prepares to enter service over the next month.

Antin Infrastructure Looks to Sell Major UK Gas Pipeline

Antin Infrastructure Partners has hired investment banks to kick-start a potential $1.5 billion-plus sale of one of Britain's biggest gas pipelines, banking sources and an executive at a subsidiary of the buyout fund said.

Williams Completes Rivervale South to Market Project

Williams announced today that it has successfully placed into full service its Rivervale South to Market project – an expansion of the existing Transco natural gas pipeline system to meet growing heating and power generation demand for northeastern consumers.

China’s Gas Consumption Growth Rate Expected to Slip in 2019

China’s natural gas consumption growth rate is expected slow to around 10 percent in 2019, from 17.5 percent last year, amid easing economic growth and pressure on the country’s production, storage and gas sales network, a government report showed.

U.S. to Help Poland, Ukraine Cut Dependence on Russian Gas

The United States, Poland and Ukraine agreed to enhance cooperation over secure gas supplies in the region which still relies on Russia.

New Pipelines, Hurricane Drive WTI Inventories Down, Prices Up

U.S. oil futures rose 1.7% on Thursday, lifted by a deep draw on U.S. crude inventories, especially at the benchmark's delivery hub due to increased demand with the start-up of two new West Texas pipelines.

Feds Clear Way for Williams Pipeline over NY Objections

Federal regulators have cleared the way for a Williams Partners natural gas pipeline to move forward despite New York’s denial of a water quality permit that had blocked the project.

Nord Stream 2 Investor OMV Says Project Can Still Meet Deadline

The chief executive of Austrian energy firm OMV said the Nord Stream 2 company has not changed its expected completion date and could still deliver the project on time and budget, despite Denmark's still-pending decision on a construction permit.

North Dakota Pledges Improvement to Spill Reporting Procedures

North Dakota's Health Department is pledging to provide easily accessible information on oilfield and agriculture-related spills, a move that comes after a liquid natural gas pipeline leak that was much bigger than publicly reported and could take another decade to clean up.

Mexican President Touts $4.5 Billion Savings in New Pipeline Deal

Mexico said on Tuesday it had struck a deal with a group of companies to renegotiate the terms of natural gas pipeline contracts signed under the previous administration that will eventually save the government $4.5 billion.

Enterprise Begins Open Season for ATEX Ethane Pipeline

Enterprise Products Partners has announced the start of a binding open season to determine demand for expanded capacity on the partnership’s Appalachia-to-Texas (“ATEX”) ethane pipeline.

Tellurian Files for FERC Review of Permian Global Access Pipeline

Tellurian has asked the Federal Energy Regulatory Commission (FERC) to initiate a review of its proposed Permian Global Access Pipeline following an oversubscribed open season for the 625-mile natural gas project from West Texas to Southeast Louisiana's growing LNG export market.

Permian Basin Natural Gas Prices Rise as GCX Nears Completion

Natural gas spot prices at the Waha hub in West Texas closed at their highest price since March as the 2 Bcf/d Gulf Coast Express (GCX) pipeline is preparing to enter service, according to a Thursday update from the U.S. Energy Information Administration (EIA).

Mexican President Hopes for Pipeline Deal Next Week

Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution.

Natural Gas Deliveries to U.S. LNG Export Facilities Set Records

Natural gas deliveries to U.S. LNG export facilities set a monthly record in July 2019, averaging 6 Bcfd, or 7% of the nation's total dry natural gas production, the U.S. Energy Information Administration (EIA) reported.

Ukraine Plans to Create Capacity for Romanian Gas Imports

Ukraine, preparing for a possible cut in Russian gas supplies, has agreed with neighboring Moldova to modernize their border gas metering stations so it can receive gas from Romania, Ukraine's gas transport company Ukrtransgaz said on Monday.

LNG Steals Euro Market Share from Pipeline Gas, Breaking 4-Year Trend

Europe's two biggest suppliers of pipeline gas, Norway's Equinor and Russia's Gazprom, have lost market share for the first time in at least four years amid a tripling in LNG imports into the region over the past 10 months.

Pipeline Constraint in North Dakota Causes Flaring to Reach Record Levels

Regulators say the volume of natural gas flared in June reached an unprecedented level due to shutdowns of several natural gas processing facilities and pipelines.