Midstream

Natural Gas Futures Snap Losing Streak, Push Forward Ahead of Storage Print; Cash Prices Slip

This post was originally published on this siteNatural gas futures forged ahead Wednesday, ending a three-day retreat despite weak weather-driven demand, steady production and expectations for a triple-digit storage increase. At A Glance: Prompt month gains 7.7 cents Market sees 100 Bcf injection National demand proves light The June Nymex gas futures contract on Wednesday […]

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Mexico Seen Driving LNG Export Growth in Latin America

This post was originally published on this siteMexico is on track to become Latin America’s leading LNG re-exporter in terms of regasification capacity, while the region as a whole could become a net liquefied natural gas exporter, according to Poten and Partners. The shipbroker and consulting firm’s Sergio Chapa, senior LNG analyst, provided an overview

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Calgary’s CES Touts ‘Positive Macro Trends’ for U.S., Canada Natural Gas and Oilfields

This post was originally published on this siteStrong demand for industrial chemistry, from drilling fluids to additives that smooth pipeline flows for natural gas and oilfields, lit up first quarter earnings for CES Energy Solutions Corp. Improved results versus the same period last year resulted from “high levels of revenue underpinned by industry stabilization, and

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Tres Palacios Natural Gas Storage Project Snags Favorable FERC Environmental Assessment

This post was originally published on this siteFERC staff said approval of a planned expansion of the Tres Palacios natural gas storage facility in Matagorda County, TX, would not significantly affect the quality of the human environment, with appropriate mitigating measures. In the Environmental Assessment (EA) issued earlier this month, Federal Energy Regulatory Commission staff

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Natural Gas Futures, Cash Prices Impacted as Supply/Demand Imbalance Worries Persist

This post was originally published on this siteNatural gas futures on Tuesday fell for a third consecutive session as cooling demand remained elusive and production levels held strong. Following an 18.5-cent drop the prior session and a loss to end last week, the June Nymex gas futures contract settled at $2.321/MMBtu on Tuesday, down 7.9

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Asian LNG Buyers Look to Spot Market as Temperatures Reach Record Highs

This post was originally published on this siteAfter suffering one of the worst April heatwaves on record with temperatures that soared above 100 degrees F, some Asian nations are preparing for an unusually hot summer that could require more LNG to cover power demand, particularly if El Niño develops as expected. $(“.wp-post-image”).wrap(““); India, Bangladesh,Thailand, and

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Colorado Expands Natural Gas, Oil Regulatory Body to Oversee Alternative Energies

This post was originally published on this siteColorado Gov. Jared Polis earlier this week (May 22) stamped a slew of legislation that aims to propel the state toward its target of 100% renewable energy by 2040, including a bill rebranding and expanding oversight for the Colorado Oil & Gas Conservation Commission (COGCC). State Senate Bill

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‘Consolidation in the Core’ of Williston as Chord Energy Buying ExxonMobil Assets for $375M

This post was originally published on this siteWilliston Basin pure-play Chord Energy Corp. has agreed to acquire a package of assets from ExxonMobil subsidiary XTO Energy Inc. in a cash transaction valued at $375 million. $(“.wp-post-image”).wrap(““); The assets span about 62,000 net acres and include “123 estimated net 10,000 foot equivalent locations,” said management of

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Natural Gas Futures Pare Losses Early, but Market Showing Impatience Waiting on Heat

This post was originally published on this siteNatural gas futures pared their losses in early trading Wednesday, though an unimpressive summer forecast, coupled with technical factors, kept open the possibility of further downside ahead.  Coming off a 7.9-cent sell-off in the previous session, the June Nymex contract was up 4.6 cents to $2.367/MMBtu at around

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