Midstream

This post was originally published on this siteWeekly natural gas cash prices gained substantial ground for the second time early in the new year amid frigid temperatures across much of the Lower 48 and lighter production readings. NGI’s Weekly Spot Gas National Avg. for the Jan. 8-12 period cruised ahead $3.095 to $6.065. Big gainers […]

This post was originally published on this siteNatural gas futures rallied on Friday for the fourth time in the latest week’s five sessions, bolstered by subzero temperatures, production curtailments and a vigorous cash market. The February Nymex gas futures contract jumped 21.6 cents day/day and settled at $3.313/MMBtu.   At A Glance: Fierce winter freeze spreads

This post was originally published on this siteVenture Global LNG Inc. told regulators Calcasieu Pass LNG has yet to meet requirements to begin fulfilling deliveries to contract holders, pushing back against efforts from its long-term offtakers to force disclosure around the years-long commissioning process. In December, BP plc filed a request with FERC requesting it

This post was originally published on this siteGlenfarne Energy Transition LLC has inked a tentative tolling agreement with EQT Corp. as the U.S. natural gas production leader progresses its LNG exposure strategy. Under the heads of agreement disclosed Thursday, EQT could have access to 0.5 million metric tons/year (mmty) in liquefaction services for 15 years

This post was originally published on this siteWith a mid-January arctic blast lining up to drive strong heating demand and disrupt production volumes, regional natural gas forwards raced higher during the Jan. 4-10 trading period, NGI’s Forward Look data show. Markets across the country braced for freezing and even subzero temperatures, with frigid temperatures and

This post was originally published on this site“This year we are planning to invest more than 900 million pesos [$53 million] to expand our natural gas distribution network to be able to provide access to this transition fuel to more homes and businesses in cities and states where we have operations,” Felisa Ros, country manager

This post was originally published on this siteThe U.S. natural gas rig count fell to 117 for the week ended Friday (Jan. 12), down one rig for the period, while a drop in oil drilling saw the combined domestic tally fall two rigs to end at 619, according to the latest numbers from Baker Hughes

This post was originally published on this siteFront-month natural gas futures posted another strong gain on Thursday, bolstered by a bullish government inventory report and expectations for more to follow amid extreme cold that is both driving heating demand and curbing production. At A Glance: EIA prints 140 Bcf withdrawal Near-term demand to surge Production

This post was originally published on this siteMerging the Lower 48 portfolios of Chesapeake Energy Corp. and Southwestern Corp. is set to create the largest natural gas pure-play in the United States, becoming a “must-own” company with the resources to redefine the global energy reach of independent producers. The $7.4 billion combination announced on Thursday

This post was originally published on this siteThe U.S. oil and gas industry is urging policymakers to support LNG exports, permitting reform for energy infrastructure, and increased leasing in federal lands and waters. The sector’s most prominent lobbying group, the American Petroleum Institute (API), laid out its policy priorities during a recent industry event and