Midstream

Energy Industry Expecting Delayed Oil, Gas Permitting with Updated Federal GHG Guidance

This post was originally published on this siteFederal guidance updating how climate impacts should be assessed during environmental reviews for permitting energy infrastructure is drawing criticism from the oil and natural gas industry.  The White House Council on Environmental Quality (CEQ) earlier this month released updated Guidance on Consideration of Greenhouse Gas Emissions and Climate

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Natural Gas Futures Advance Despite Extraordinary Winter Storage Build; Cash Prices Climb

This post was originally published on this siteNatural gas futures pushed ahead Thursday, rallying for a second straight day as traders looked past an exceptionally bearish storage print – a midwinter injection — and focused on the potential for colder weather later this month. At A Glance: EIA prints rare January injection Forecasts tease cold

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Gunvor Says LNG Borrowing Base Increase a Sign Commodity Now ‘Mainstream’

This post was originally published on this siteGunvor Group Ltd. has renewed its syndicated borrowing base that was launched last year to support its LNG trading activities, attracting new interest and additional commitments from lenders across the world.  The trading house said it launched the syndication at $1.2 billion. It was oversubscribed with more than

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What’s Ahead for Natural Gas Consumers in 2023?

This post was originally published on this siteU.S. electricity consumption is forecast to decline this year and only marginally increase in 2024, but natural gas consumption gains may be seen amid rising industrial demand. Regulatory action also could be stymied, according to industry advocates. The American Gas Association (AGA) pointed out the positives on Thursday.

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Crestwood Says Harsh Winter Weather, Shut-ins to Impact 4Q Earnings 

This post was originally published on this siteCrestwood Equity Partners LP is expecting a one-off hit to its fourth quarter earnings because of extreme weather that caused well freeze-offs and production shut-ins across multiple Lower 48 basins, management said Wednesday. The harsh winter weather “adversely impacted volumes and well-connect activity across Crestwood’s gathering and processing

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