Alaskan Regulators Clear Way to Sell Enstar, State’s Largest Natural Gas Utility
Enstar Natural Gas Co., Alaska's top natural gas distributor, is ready to be sold to yet another Canadian firm.
Christopher Lenton
Senior Editor, Mexico & Latin America
Santiago, CL
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Natural Gas Futures Firm on Freeze-Offs, Possibility of More Cold On the Way; Cash Slides
With natural gas traders’ fingers and toes still thawing out from the weekend’s Arctic blast, most remained on the sidelines of the action on Tuesday. However, with the potential for cold to return before mid-January and U.S. production sharply lower following widespread freeze-offs, the January Nymex gas futures contract eked out a 20.3-cent gain to settle at $5.282/MMBtu. The February contract climbed 13.8 cents to $5.118.
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Mexico Natural Gas Production Jumps by 400 MMcf/d in November
Mexico’s natural gas production continued to surprise in November, rising to 4.431 Bcf/d from 3.872 Bcf/d in the same month last year.
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Gulf Coast Natural Gas Production Seen Rising Over Next Decade as LNG Projects Swell
Natural gas production out of the U.S. Gulf Coast should rise over the next decade as it continues to look toward the export market, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies.
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Natural Gas Users Brace for Complications as Cold Hits Texas – Mexico Spotlight
Memories of Winter Storm Uri were fresh on the minds of natural gas buyers in Mexico as a cold front raced south through the United States and down into Texas.
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Argentina’s Vaca Muerta Natural Gas Pipeline Scores Financing
Argentina has secured financing for the second leg of the Nestór Kirchner natural gas pipeline system, energy secretary Flavia Royon said last week during a conference in Buenos Aires.
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FERC Backs Operation of Spire Natural Gas Pipeline Serving St. Louis
Spire STL Pipeline LLC has been reissued a permanent certificate by FERC to operate its 65-mile long Spire STL system that carries natural gas to the St. Louis area from Illinois.
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North American Natural Gas Prices Pushed Higher on Colder Weather – Mexico Spotlight
North American natural gas futures prices found some momentum this week amid colder weather across the United States. On Thursday, the January New York Mercantile Exchange gas futures contract settled at $6.970/MMBtu, up 54.0 cents day/day. February advanced 36.9 cents to $6.589.’
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Argentina Scores Financing for Second Phase of Key Natural Gas Pipeline System
Argentina has secured financing for the second leg of the Néstor Kirchner natural gas pipeline system, energy secretary Flavia Royon said this week during a conference in Buenos Aires.
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Phillips 66 Enhancing Lower 48 Midstream Systems in 2023 Capex Plan
Phillips 66 has budgeted $2 billion in its capital program next year, including $865 million for sustaining capital and $1.1 billion for growth capital.