Midstream

This post was originally published on this siteDriven by strong growth in the Permian Basin and in the Gulf of Mexico (GOM), the U.S. rig count surged nine units higher to 779 for the week ended Nov. 11, oilfield services provider Baker Hughes Co. (BKR) reported Friday. Oil-directed drilling accounted for the entirety of the […]

This post was originally published on this siteOPEC slashed its global crude oil demand outlook for a second consecutive month, citing slowing economic activity in the United States and Europe as well as ongoing pandemic-related lockdowns in China and geopolitical upheaval linked to Russia’s war in Ukraine. In its closely watched monthly market report, the

This post was originally published on this siteClick here to listen to the latest episode of NGI’s Hub & Flow. NGI Latin America editor Christoper Lenton sits down with Mexico energy expert Rosanety Barrios to talk about Mexico’s natural gas market in light of global turmoil after Russia’s invasion of Ukraine.  Lenton and Barrios discuss

This post was originally published on this siteShell plc is collaborating with General Electric Gas Power to research methods of adapting LNG turbines to efficiently use 100% hydrogen made with renewable energy in an effort to decarbonize its global liquefaction projects. Shell Global Solutions, the supermajors’ global resource development and liquefied natural gas unit, has

This post was originally published on this siteIn the wake of market speculation over the timing of the Freeport LNG terminal’s return to service, and with colder trends over the weekend from one of the major weather models, natural gas futures were trading sharply higher early Monday. The December Nymex contract was up 39.1 cents

This post was originally published on this siteOf the supply disruptions affecting industry since the COVID-19 pandemic began in 2020, propane marketers perhaps have felt steel shortages most acutely. The post Supply, labor challenges shape propane tank production, distribution appeared first on LP Gas.

This post was originally published on this siteFind out how propane marketers can control the cost of containers amid high steel prices, according to Propane Resources’ Scott Slocum. The post In the Know: Controlling container costs appeared first on LP Gas.

This post was originally published on this siteThe Propane Education & Research Council (PERC) approved 11 funding requests during its November meeting in Destin, Florida. The post PERC approves funding for 2023 programs, other projects appeared first on LP Gas.

This post was originally published on this sitePrices in the physical market catapulted higher Monday amid forecasts for widespread bitter cold by the weekend, then gave up ground the next two days amid benign near-term conditions, and then surged back ahead once again after freezing air advanced into the Midwest on Thursday to cap a

This post was originally published on this siteNatural gas futures rebounded Thursday amid bullish shifts in weather conditions and a lighter-than-expected storage injection — and despite widespread power losses in Florida as Tropical Storm Nicole wreaked havoc on the state’s Atlantic coast as well as inland markets. At A Glance: EIA prints 79 Bcf storage