Midstream

Softer Natural Gas Prices, Overall Lower Energy Costs Ease U.S. Inflation Rate

The U.S. inflation rate in October flattened month/month and slowed from the lofty 2022 pace, impacted by lower natural gas prices and moderating energy costs overall.  The U.S. Department of Labor said Tuesday its Consumer Price Index (CPI) increased 3.2% from a year earlier, though that marked a substantial easing from the peak of 2022, […]

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Natural Gas Futures Seesaw Overnight as Traders Brace for Double the Fun from EIA

As the market prepared to price in two weeks of government inventory statistics to true up recent balance assessments, natural gas futures were trading close to even early Thursday, belying recent price swings. After dropping as low as $3.133/MMBtu and probing as high as $3.265 in after hours trade, the December Nymex contract hovered just

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Natural Gas Futures Forge Ahead On Frigid Late November Forecasts; Cash Falls in Midwest and East

Natural gas futures jumped Wednesday as traders looked ahead to below-normal temperatures for most of the country in late November and a rare double dose of weekly government storage data Thursday. At A Glance: Prompt month adds 8.4 cents Rockies, California lead cash gains NGI estimates 9 Bcf draw, 43 Bcf injection The December Nymex

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Mexico’s Natural Gas Imports, Economy Seen Growing Despite AMLO-imposed ‘Glass Ceiling’ 

Mexico’s pipeline imports of U.S. natural gas should continue to grow over the coming years even in the most conservative demand scenarios, experts agreed this week at the US-Mexico Natural Gas Forum. The power sector is driving demand growth currently, a trend that is likely to continue in the immediate term as state power company

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BP Exits Senegal’s Yakaar-Teranga Natural Gas Field as Greater Tortue LNG Project Faces Delay

BP plc has reshuffled its priorities for West African natural gas development as it progresses offshore activities and the Greater Tortue Ahmeyim (GTA) LNG project. Kosmos Energy Ltd., BP’s partner in Senegal’s estimated 25 Tcf Yakaar-Teranga gas discoveries, has assumed majority ownership and operator status with acquisition of BP’s working interest earlier in the month.

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