Midstream

BP Takes ‘Major Step Forward’ at Greater Tortue with FLNG Arrival

This post was originally published on this siteThe floating LNG (FLNG) unit at the heart of the BP plc-operated Greater Tortue Ahmeyim (GTA) natural gas project has arrived offshore of Senegal and Mauritania as the production partners prepare for start-up in the coming months. Golar LNG Ltd.’s 2.3 million metric ton/year (MMty) FLNG Gimi has […]

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German Enviros Seeking to Prevent Venture Global’s CP2 LNG Approval

This post was originally published on this siteGerman environmental groups are urging FERC to deny authorization for Venture Global LNG Inc.’s CP2 LNG project, calling a further buildout of U.S. export capacity a threat to each country’s climate goals. In letters addressed to Federal Energy Regulatory Commission Chair Willie Phillips, 17 groups requested commissioners consider

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Natural Gas Remains Essential to Power Mix Even as Renewables Take a Bigger Bite

This post was originally published on this siteChallenges to add renewables to the mix of power supply add to issues that will keep natural gas generation growing and an important part of the energy stack in 2024. “Coal and natural gas remain important to the U.S. electric grid, even as variable renewable resources such as

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Mild Late January Pattern Keeps Pressure on Natural Gas Futures Ahead of EIA Print

This post was originally published on this siteNatural gas futures remained under pressure early Thursday as traders priced in mild late January temperatures, though an anticipated triple-digit pull in the latest government inventory data also had the potential to influence market sentiment. The February Nymex contract was off 7.2 cents to $2.798/MMBtu at around 8:50

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Natural Gas Futures, Spot Prices Extend Slide As ‘Demand Killer’ Weather Pattern Looms

This post was originally published on this siteNatural gas futures stumbled for a second session Wednesday as an unusually mild late-January weather forecast took center stage, shifting attention away from ongoing supply disruptions and demand spikes from Arctic cold blasts sweeping across the country. At A Glance: Bullish storage print expected  Next week’s forecasts stay

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The Great Recession’s Impact on Spain’s Natural Gas Market Still Ripples Through Global LNG Trade – Column

This post was originally published on this siteEditor’s Note: This column is part of a regular series by industry veteran Brad Hitch for NGI’s LNG Insight dedicated to addressing the complexities of the global natural gas market. Although a stranded one, Spain’s natural gas market became a European hub years ago. Since then, the Spanish

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Natural Gas Storage Surplus to Dwindle in Wake of Brutal Cold Shots, Production Paralysis

This post was originally published on this siteUnderground inventories of natural gas, until recently projected to finish winter at historically high levels, are widely expected to drop in coming government readings, a reflection of an extreme weather shift and huge hits to production. Frigid blasts of Arctic air spilled into the Lower 48 late last

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