Natural Gas

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.

India Moves to Modernize, Expand Gas Pipeline Network

Indian government says that it foresees an increase in the share of natural gas in the country’s energy mix – from 6% in 2021 to 15% by 2025. A total of $60 billion of new investment planned in the country’s natural gas infrastructure by 2024, with most of that coming from the private sector.

Austria Returns to Coal After Russia Halves Gas Deliveries

Austria's government agreed with utility Verbund on Sunday to convert a reserve, gas-fired power plant so that it can produce electricity with coal should restricted gas supplies from Russia result in an energy emergency.

Ukraine to Tap 109 MMcm/d of Spare Gas Capacity to Offset Nord Stream 1 Flows

Ukraine has around 109 million cubic meters a day (MMcm/d) of spare gas capacity through a transit route to Europe which could be used to offset lower flows through the Nord Stream 1 pipeline, Ukraine's gas transmission operator said on Monday.

ConocoPhillips Earns Stake in Qatar’s $30 Billion LNG Expansion Project

ConocoPhillips has signed a deal with QatarEnergy on Monday for a 3.12% stake in the North Field East expansion project, the world's largest LNG project, following agreements with TotalEnergies and Eni.

Argentina Contracts Tenaris for 350-Mile Pipeline Project to Move Gas from Vaca Muerta

Energia Argentina has signed a contract with Tenaris to complete the 563-km (350-mile) Presidente Nestor Kirchner Gas Pipeline, which will transfer natural gas from the Vaca Muerta shale formation and allow Argentina to forgo costly LNG imports.

Sources: Tug Hill Explores Sale of Natural Gas Producer THQ Appalachia, Pipeline Firm XcL Midstream

Tug Hill and Quantum Energy are exploring a sale of U.S. natural gas producer THQ Appalachia I LLC and XcL Midstream, a pipeline firm that moves THQ's gas to market in a deal that could fetch more than $5 billion, sources told Reuters on Friday.

Lebanon, Egypt to Finalize Gas Import Deal on June 21

Lebanon will sign a "final" agreement to import gas from Egypt on June 21, its energy ministry told Reuters, after months of delays to a plan viewed as critical to boosting power supplies for Lebanon's stricken economy.

Qatar Advances Talks with China Over Investment in Gas Field Expansion Project

China's national oil majors are in advanced talks with Qatar to invest in the North Field East expansion of the world's largest LNG project and buy the fuel under long-term contracts, Reuters reported on Friday.

Targa Resources to Acquire Permian Gas Gathering, Processing Assets in $3.55 Billion Deal

Targa Resources has agreed to buy natural gas processor Lucid Energy Group for $3.55 billion in cash, a deal that includes a portfolio of about 1,050 miles of natural gas pipelines in the Delaware Basin.

Italgas Plans to Invest $4.7 Billion to Upgrade Gas Pipeline Network in Italy

Italgas plans to invest $4.7 billion to 2028 to complete the upgrade of its domestic Italian network, which includes 74,000 km (46,000 miles) of regulated gas pipelines, the company said on Wednesday.