Midstream

NextDecade CEO Sees LNG Prices Rising as Cost to Build New Capacity Continues Increasing

This post was originally published on this siteNextDecade Corp. CEO Matthew Schatzman said FERC’s recent order reaffirming its approval for Rio Grande LNG was a crucial milestone that’s likely to vault sanctioning of the project across the finish line. Editor’s Note: This segment is part of a regular series by NGI’s LNG Insight, shared on […]

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Senator Manchin Introduces New Energy Permitting Bill, Urges Completion of the Mountain Valley Pipeline

This post was originally published on this site U.S. Senator Joe Manchin introduced on Tuesday his latest measure to speed permitting of both fossil fuel and renewable energy projects, as he tries to win support from both major parties after similar bills failed several times last year. The bill also calls for the completion of

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Southwestern Maintains Natural Gas Activity Cuts, Eyes ‘Strong Structural Support’ Longer Term

This post was originally published on this siteSouthwestern Energy Co. continues to focus on decreasing dry gas completion activity, which includes releasing a hydraulic fracturing fleet in the Haynesville Shale, while maintaining its liquids-rich activity level in West Virginia and Ohio. “Despite the near-term commodity price weakness due to relatively high inventory levels following a

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Enbridge Expands Canada LNG Export Potential with Montney Natural Gas Storage Facility

This post was originally published on this siteMontney Shale natural gas storage capacity has changed owners as Enbridge Inc. on Monday purchased a controlling stake in the Aitken Creek site in northern British Columbia (BC) from utility FortisBC Holdings Inc. for C$400 million ($300 million). Enbridge Executive Vice President Cynthia Hansen called the acquisition “a

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Natural Gas Futures Retreat as Hefty Injections Seen Pressuring Prices While Market Awaits Heat

This post was originally published on this siteWith mild May weather-driven demand poised to further expand an already healthy inventory cushion, natural gas futures continued to grind lower in early trading Tuesday. Coming off a 9.2-cent sell-off in the previous session, the June Nymex contract was down another 7.4 cents to $2.244/MMBtu at around 8:45

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