Story of the day
Natural Gas Futures Churn Out Small Gain After ‘Neutral’ EIA Storage Report
Infrastructure
MVP Southgate Developers Still Targeting 2021 Service After North Carolina Denies Key Permit
Striking another blow against Mountain Valley Pipeline LLC (MVP), a project beset by legal and regulatory challenges the last few years, the North Carolina Department of Environmental Quality (DEQ) has denied a water quality permit for MVP’s Southgate extension. The DEQ on Tuesday denied MVP’s request for state certification under Clean Water Act Section 401,…
August 12, 2020
Infrastructure
Colorado Governor’s Opposition to Ballot Initiatives Unleashes DJ’s Full Potential, Says DCP CEO
DCP Midstream LP’s chief executive lauded Colorado Gov. Jared Polis’ ability to forge agreement among the energy industry and environmental groups, saying it “ensured political and regulatory certainty” in the state “for years to come.” CEO Wouter van Kempen of Denver-based DCP referred to a recent report from the governor in which he noted that…
August 12, 2020
LNG
European Commission Calls for Increased Hydrogen Use, Creating More Competition for NatGas
In another sign of the surging global interest in using hydrogen to reduce carbon emissions, the European Commission (EC) recently published what it called a “roadmap” for the European Union (EU) to install at least 6 GW of renewable hydrogen electrolyser capacity by 2024 and 40 GW by 2030. European hydrogen electrolyser capacity currently totals…
August 12, 2020
E&P
Antero Nets $220M for Volumetric Production Payment in Appalachia
Antero Resources Corp. has sold a portion of its future Appalachian natural gas production to an affiliate of J.P. Morgan for $220 million as part of a broader effort announced last year to sell more assets and cut debt. The volumetric production payment (VPP) completed with the bank is effective July 1 and will cover…
August 12, 2020
Regulatory
SDG&E Outlines Wildfire Preparedness for California Regulators
California officials are predicting another difficult wildfire season in California, but San Diego Gas and Electric Co. (SDG&E) CEO Caroline Winn said the combination utility expects that planned outages will unfold smoothly this year. Winn spoke on Monday during a virtual hearing of the California Public Utilities Commission (CPUC), which is hearing how the major…
August 12, 2020
E&P
OPEC, EIA Reduce Oil Supply Forecasts on Coronavirus Uncertainty
The U.S. Energy Information Administration (EIA) and the Organization of the Petroleum Exporting Countries (OPEC) have reduced their outlooks for global oil production this year as Covid-19 poses the potential to further suppress demand and pricing. In the monthly Short-Term Energy Outlook (STEO) issued on Tuesday, EIA researchers estimated U.S. oil output this year would…
August 12, 2020
Infrastructure
Natural Gas, Alternative Fuels Use for Truck Fleets Said Accelerating
Alternative fuels use in medium- and heavy-duty vehicles is accelerating in nearly all U.S. transportation sectors, according to a new report. The Sustainable Fleets Report issued Tuesday was completed by a consortium headed by consultants Gladstein, Neandross & Associates (GNA). The study looked at natural gas vehicles (NGV), propane, battery electric vehicles (BEV) and hydrogen…
August 12, 2020
Regulatory
Mexico Must Modify Oil, Natural Gas Methane Regulations to Curb Emissions, Consultancy Says
Mexico will struggle to meet its targeted reduction in methane emissions from oil and gas operations if existing regulations are not improved, according to new analysis by Talanza Energy Consulting. Mexico’s oil and gas environmental regulator Agencia de Seguridad, Energía y Ambiente (ASEA), in November 2018 issued a set of guidelines designed to curb emissions…
August 12, 2020
LNG
COLUMN: The Complex Process of Financing Massive LNG Projects
Total SE’s announcement last month that it had landed nearly $15 billion in funding for a Mozambique liquefied natural gas (LNG) project came as a surprise given the economic impact of Covid-19, but financing massive export terminals is a complex and lengthy affair even in the best of times. The global gas supply glut and…
August 12, 2020Recent News
Infrastructure
Mariner East Again Contending with Drilling Fluid Spills in Pennsylvania
Aug 13, 2020
Infrastructure
GTI, EPRI Partner on $100M Initiative to Develop Natural Gas Alternatives
Aug 13, 2020
Haynesville Shale
Goodrich Eyeing More Haynesville Bolt-ons as Future Natural Gas Prices Look Appetizing
Aug 13, 2020
Daily Gas Price Index
As one of only two price reporting agencies that include ICE trade data to determine natural gas price indexes, NGI delivers robust indexes at a competitive price.
• Daily physical spot natural gas price indexes at 170+ locations
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Markets
Natural Gas Futures Pare Gains on High-Side EIA Storage Build
The U.S. Energy Information Administration (EIA) reported a 58 Bcf injection into natural gas storage inventories for the week ending Aug. 7, coming in on the high end of wide-ranging estimates but still sparking a small initial rally in futures prices. In the minutes leading up to the 10:30 a.m. ET storage report, the September…
August 13, 2020Markets
Traders Await EIA Storage Number as Natural Gas Futures Close to Unchanged Early
August 13, 2020Markets
Natural Gas Futures Trim Earlier Losses, but Settle Lower Ahead of EIA Storage Report
August 12, 2020Infrastructure
Natural Gas, Alternative Fuels Use for Truck Fleets Said Accelerating
August 12, 2020Mexico Gas Price Index
Daily news and natural gas pricing information service focused on price transparency in Mexico.
• Experienced insight into Mexican regulatory requirements, process guidelines and governmental oversight
• Regular interviews with Mexico natural gas subject matter experts
• NGI-calculated cost-plus-transport pricing, as well as official IPGN pricing
Regulatory
Mexico Must Modify Oil, Natural Gas Methane Regulations to Curb Emissions, Consultancy Says
Mexico will struggle to meet its targeted reduction in methane emissions from oil and gas operations if existing regulations are not improved, according to new analysis by Talanza Energy Consulting. Mexico’s oil and gas environmental regulator Agencia de Seguridad, Energía y Ambiente (ASEA), in November 2018 issued a set of guidelines designed to curb emissions…
August 12, 2020Infrastructure
Colorado Governor’s Opposition to Ballot Initiatives Unleashes DJ’s Full Potential, Says DCP CEO
August 12, 2020Shale Daily
Impactful news and transparent pricing for shale and unconventional plays across the U.S. and Canada.
• Natural gas prices at 20+ North American shale basins and unconventional plays
• Quickly understand major factors affecting on of the world’s largest natural gas supplies
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LNG
COLUMN: The Complex Process of Financing Massive LNG Projects
Total SE’s announcement last month that it had landed nearly $15 billion in funding for a Mozambique liquefied natural gas (LNG) project came as a surprise given the economic impact of Covid-19, but financing massive export terminals is a complex and lengthy affair even in the best of times. The global gas supply glut and…
August 12, 2020Markets
Natural Gas Futures See Uptick as Production Slides, LNG Demand Stays Strong
August 12, 2020Infrastructure