Natural Gas

Operator Enagas to Invest $4.8 Billion in Gas Infrastructure, Hydrogen Projects by 2030

Spanish gas grid operator Enagas said on Tuesday it expects to invest $4.77 billion in gas infrastructure, renewable hydrogen and biomethane production projects by 2030, including the completion of an underwater gas pipeline between Spain and Italy.

Serbia, Azerbaijan Discuss Gas Deal for Next Year – Minister

Serbia, which is fully dependent on Russian gas supplies, plans to purchase gas from Azerbaijan in 2023 when it expects an interconnector to Bulgaria's pipeline to be completed, Serbia's energy minister said on Tuesday.

Biden Administration Issues Options for ConocoPhillips’ Alaska Oil Drilling Project

The Biden administration on Friday outlined several options for the development of ConocoPhillips' planned $6 billion Willow oil and gas project in Alaska, including a proposal to build up to five drill sites, dozens of miles of roads, seven bridges and pipelines.

ICGB Completes Greece-Bulgaria Natural Gas Pipeline

Greece and Bulgaria on Friday marked the completion of the 180-km (112-mile) pipeline between the two countries which they hope can contribute to ending Europe's dependence on Russian gas.

Argentina’s Gas Pipeline Project Receives Backing, Enters Construction Phase

Argentina will take a key step on Friday in the construction of a major new natural gas pipeline for its huge Vaca Muerta shale formation, vital to helping the South American country reverse a deep energy deficit that is costing it billions of dollars.

Natural Gas Consumed by US Electric Power Sector Sets Record

In January 2022, natural gas consumed for electric power in the United States averaged 31.6 Bcf/d (895 MMcm/d), the highest January average on record and the highest amount for any winter month.

NFE, Pemex Partner to Develop Mexico’s Lakach Gas Field

New Fortress Energy Inc. has signed an agreement with Pemex to jointly develop the Lakach deepwater natural gas field to supply natural gas to Mexico’s onshore domestic market.

FERC Suspends Schedule for Venture Global’s Gas Plant, Pipeline Project in Louisiana

The U.S. energy regulator has suspended the environmental review schedule for Venture Global LNG's proposed CP2 LNG export plant and pipeline in Louisiana.

Austria Orders Industry to Make Switch from Natural Gas to Oil

Austria will order industry and utilities to make plants run on alternatives to natural gas where possible, especially oil, its energy minister said on Tuesday, as the country scrambles to hoard gas in case Russia cuts it off.

Russia Seizes Control of Sakhalin-1 Oil and Gas Project

A senior Russian lawmaker said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in which Exxon Mobil, Japan's SODECO and India's ONGC Videsh are partners, a week after taking over the neighboring Sakhalin-2.

New Fortress Agrees to Expand Supply of Natural Gas to Baja, Build LNG Hub Offshore GOM

New Fortress Energy Inc. has entered into an agreement with Comisión Federal de Electricidad to expand the supply of natural gas to Baja California Sur and build a new LNG hub in the Gulf of Mexico (GOM).

Norway Oil Ministry Approves Hiked Gas Output at Several Offshore Fields

Norway's oil ministry on Monday said it had approved adjusted production permits for six offshore fields but that would not change the expected amount of gas Norway would export in 2022.

Kinder Morgan Gets FERC Approval to Offer Certified Gas Pooling on TGP System

Kinder Morgan subsidiary Tennessee Gas Pipeline Co. LLC (TGP) has received approval from FERC to offer producer certified gas, or responsibly sourced gas, aggregation pooling service across the 11,760-mile pipeline system.

US Grants NFG 35-Month Extension to Build Northern Access Natural Gas Pipeline

U.S. regulators have given National Fuel Gas Co. (NFG) more time to build its proposed Northern Access natural gas pipeline project in Pennsylvania and New York.

Canada Sees Repsol LNG as Fastest Way to Boost Gas Supply to Europe

Canada's East Coast has only enough natural gas supply to accommodate one new LNG export facility, and the project that would boost shipments to Europe the fastest is Repsols, Canada's environment minister told Reuters.

Kinder Morgan Green Lights Permian Natural Gas Pipeline Expansion Project

Pipeline operator Kinder Morgan has given the greenlight to financing expanded capacity on the 428-mile Permian Highway Pipeline, which currently carries 1.2 Bcf/d from the Permian Basin of West Texas and New Mexico.

Williams to Move Forward with Louisiana Natural Gas Project in Haynesville Basin

U.S. energy company Williams Co. Inc. has reached a final investment decision to build its proposed Louisiana Energy Gateway project to gather natural gas produced in the Haynesville shale basin, the company said on Wednesday.

Texas RRC Approves Rule to Ready Natural Gas Industry for Weather Emergencies

The Texas Railroad Commission (RRC), which oversees the state's oil and natural gas industries, approved a proposed weatherization rule to help protect Texans during emergencies that could occur any time of the year.

Spain Restarts Natural Gas Flows to Morocco on Maghreb-Europe Pipeline

Natural gas has started flowing from Spain towards Morocco through a pipeline that stopped flowing in November amid a diplomatic row between Morocco and Algeria, data from Spanish gas grid operator Enagas showed on Wednesday.

PetroChina May Divest from Australian Natural Gas Projects to Curb Losses – Sources

PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and central Asia, two people with knowledge of the matter said.

EU Prepares to Curb Demand as Russian Gas Cuts Intensify

A "serious disruption" to the European Union's gas supplies from Russia is likely, the bloc's energy chief said on Monday as she urged countries to update their contingency plans for supply shocks and use other fuels where possible to conserve gas.

Running Short of Gas: Russia's Pipeline Repair Has Europe Worried

When Russia turns off the gas through the Nord Stream 1 pipeline for maintenance in July, Europe is starting to worry that it won't turn it back on again.

Pennsylvania’s Gas Drilling Impact Fee Distribution Rises by $100 Million

The Pennsylvania Public Utility Commission (PUC), which has been collecting fees from gas wells and distributing them to local governments, said it has collected and distributed over $2.2 billion to Pennsylvania communities.

US Natural Gas Futures Hold Near 11-Week Low as LNG Exports Decline

U.S. natural gas futures held near an 11-week low on Friday as forecasts for hotter weather, higher demand and less output than last month offset a drop in LNG exports due to the extended shutdown of the Freeport LNG export plant in Texas.

EU, Norway Agree to Increase Gas Deliveries as Russian Cuts Deepen

The European Union and Norway agreed on Thursday to cooperate to bring more gas from western Europe's biggest producer to the EU's 27 countries, nearly half of which are now grappling with cuts to Russian gas supplies.

Canada Seeking Pathway to Enable German Gas Flow Amid Russian Sanctions

Ottawa is evaluating options to help restore German gas supplies as a crucial Nord Stream 1 pipeline part is stranded in Canada due to Russian sanctions, the Canadian Natural Resources Minister said in an interview with Bloomberg on Tuesday.

Denmark Issues 'Early Warning' on Russian Gas Supply

Denmark's energy agency said on Monday it had activated the first step of a three-stage emergency gas supply plan, which effectively means a tighter monitoring of the market, due to uncertainty about gas supplies from Russia.

US Exported Record Amounts of LNG in 2021

U.S. exports of LNG set a record high in 2021, averaging 9.7 Bcf/d (275 MMcm/d) according to our most recent Natural Gas Monthly. U.S. LNG exports increased by 50% from 2020.

Demand for US Exports to Drive More Natural Gas Production

The reference case in the U.S. Energy Information Association’s (EIA’s) Annual Energy Outlook (AEO2022) projects U.S. natural gas production to continue to increase through 2050. The reference case is the baseline in AEO2022, and it projects energy trends based on current laws, regulations, and market conditions.

EIA Expects Nine New Gulf of Mexico Natural Gas, Crude Oil Fields to Start in 2022

The U.S. Energy Information Administration forecasts that new fields coming online in 2022 will account for 5% of natural gas production and 14% of crude oil production in the U.S. Federal Offshore Gulf of Mexico by the end of 2023.