Midstream

This post was originally published on this site Pipeline operator ONEOK reported a decline in first-quarter profit on Tuesday due to increased operating costs and capital expenditures. However, the company noted an increase in capacity utilization in its natural gas gathering and pipeline segments, rising from 96% to 97%.

This post was originally published on this site U.S. natural gas futures eased on Tuesday, pressured by large storage levels, after marking its best day in over two years in the previous session, helped by forecasts for more demand than previously expected with an increase in feedgas to Freeport LNG’s export plant in Texas.

This post was originally published on this siteFeed gas flows to Freeport LNG continued to tick up as a fully loaded vessel left the Texas export facility for the first time in a week, indicating Train 3 operations could be stabilizing. Nominations of natural gas to the plant began increasing April 27 after hovering near

This post was originally published on this siteThe imminent startup of Canada’s Trans Mountain oil pipeline, with LNG Canada set to ramp late this year, should provide “significant tidewater access” to boost near-term activity, according to the CEO of Calgary-based Precision Drilling Corp.  CEO Kevin Neveu laid out the near-term forecast for the international contract

This post was originally published on this siteAppalachian Basin pure play Antero Resources Corp. expects the currently oversupplied natural gas market to balance over the next year as producers tap the brakes and export demand picks up. During a call to discuss first quarter earnings, CEO Paul Rady and his management team highlighted the natural

This post was originally published on this siteThe oil and natural gas industry should remain vigilant against cyberattacks as global tensions mount and threaten U.S. critical infrastructure, according to Federal Bureau of Investigation (FBI) director Christopher Wray.  The Chinese Communist Party (CCP) has repeatedly sponsored cyberattacks against the United States and has “made it clear

This post was originally published on this siteWith LNG demand weakness countering a retreat in domestic production in updated estimates, natural gas futures continued to slide in early trading Wednesday. Coming off a 3.9-cent sell-off in Tuesday’s session, the June Nymex contract was down another 6.2 cents to $1.929/MMBtu at around 8:45 a.m. ET. Wood

This post was originally published on this site[SPONSORED CONTENT] ADD Systems invests heavily in research and development every year to bring the latest technology to the industry. The post ADD Systems – Always Moving Forward first appeared on LP Gas.

This post was originally published on this siteNatural gas futures gave up early gains on Tuesday, trading down more than 13 cents from the day’s high as doubts about Freeport LNG’s recovery lingered and markets braced for bearish monetary policy news Wednesday. At A Glance: Freeport ramps to 38% capacity Production falls to 96.9 Bcf/d

This post was originally published on this site Enbridge has chosen contractors for its Great Lakes Tunnel Project, a move designed to secure the pathway for its Line 5 pipeline. The project aims to enhance safety by placing the pipeline deep below the Straits of Mackinac, mitigating environmental risks.