Mexico Imports of U.S. Natural Gas Still Above 7 Bcf/d as Prices Slump – Spotlight
By Christopher Lenton on
North American natural gas prices slumped this week as summer heat waned and supplies flooded the market.
North America is swimming in natural gas and global demand still lags, but within a few months, opportunities are expected to open up as Gulf Coast and Western Canada exports expand and storage levels decline.
By Christopher Lenton on
North American natural gas prices slumped this week as summer heat waned and supplies flooded the market.
By Leticia Gonzales on
Conditions are ripening for more storms to develop in the Atlantic basin by the end of this month, with storms likely to continue well into November, according to AccuWeather.
By Jacob Dick on
NO. 1: A loaded LNG vessel from Equinor ASA’s Hammerfest LNG export terminal has anchored southeast of New Orleans near Venture Global LNG Inc.’s Plaquemines LNG project, according to Kpler ship data, raising market speculation that liquefaction equipment could be close to commissioning.
By Leticia Gonzales on
The natural gas market has tossed on a light sweater and officially turned the page on summer, sending prices lower across the forward curve, according to NGI’s Forward Look.
By Jacob Dick on
NextDecade Corp. has withdrawn its request for FERC to review a proposed carbon capture and storage (CCS) project in Brownsville, TX, that was previously proposed to reduce emissions from its Rio Grande LNG (RGLNG) export project.
By Kevin Dobbs on
Permian Basin benchmark Waha cash prices, mired in a protracted slump amid limited natural gas takeaway capacity and a supply glut, may see the summer come and go without relief. But a massive new pipeline is slated to enter service this fall, promising to free up an abundance of associated gas and ease pricing pressure.
By Carolyn Davis on
A deal by Enterprise Products Partners LP to snap up a Permian Basin sour gas midstream operator will accelerate the Houston giant’s strategy in the nation’s largest producing region by “at least three or four years,” a top executive said Wednesday.
By Jacob Dick on
After reviewing a collection of private documents about commissioning of Venture Global LNG Inc.’s Calcasieu Pass export terminal, several of its foundational customers are again urging FERC not to approve an extension.
By Andrew Baker on
Private equity-backed Brazos Midstream is planning to add 500 MMcf/d of cryogenic natural gas processing capacity and 175 miles of gas gathering pipelines in the Permian Basin’s Midland sub-basin by the end of next year, management said.
By Christopher Lenton on
Mexico needs to do more to develop its local natural gas industry, according to a new analysis from oil and gas trade group Asociación Mexicana de Empresas de Hidrocarburos (Amexhi).
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