Articles tagged natural gas

Mexico’s natural gas production averaged 4.13 Bcf/d in November, versus 4.17 Bcf/d in October and 4.43 Bcf/d in November 2022.

February Nymex natural gas futures finished the truncated holiday week between Christmas and New Year’s down 4.3 cents as weather forecasts suggested light heating demand deeper into winter.

Experts from Mexico’s energy industry told NGI’s Mexico GPI that they feel optimistic 2024 will bring positive developments to the natural gas sector following several difficult years of uncertainty and unforeseen policy changes.

February Nymex natural gas futures closed the first day as the front-month contract up 12.0 cents, adding to early gains after the U.S. Energy Information Administration (EIA) reported a storage withdrawal that surprised the market to the upside.

FortisBC Energy Inc. was sent back to the drawing board to supply a growing customer base after Canadian regulators rejected a proposal for a C$327 million ($285 million) natural gas pipeline. 

February Nymex natural gas futures closed the first day as the front-month contract up 12.0 cents, adding to early gains after the U.S. Energy Information Administration (EIA) reported a storage withdrawal that surprised the market to the upside.

North American natural gas prices showed a little bit of momentum this week, but remained well under the $3 mark.

February Nymex natural gas futures moved higher as it pulled into the lead position Thursday, extending gains following the supportive U.S. Energy Information Administration (EIA) storage report for the week of Dec. 22.

Northeast natural gas spot markets supplied by Transcontinental Gas Pipe Line Co. LLC’s (Transco) Regional Energy Access (REA) expansion project are showing signs of less volatility since the project’s partial start-up in late October.

North Dakota natural gas production fell slightly in October because of an early wintry blast, but benign weather in the last two months of 2023 could lead to “great numbers” for oil and gas output, according to the state’s Department of Mineral Resources (DMR) director, Lynn Helms.