Natural Gas Futures Get Boost from Freeport Restart, Cool Weather-Driven Demand

Natural gas futures resumed their climb on Monday, buoyed by a recovery in Gulf Coast LNG feed gas demand above 12 Bcf/d and Lower 48 gas production staying subdued. A jump in Henry Hub cash prices also added support. At A Glance: NGI estimates 86 Bcf injection Freeport restarts LNG exports Production at 98.2 Bcf/d …

Don’t Look Now but North American Natural Gas Demand to Soar in ‘25 and Beyond, Says Halliburton CEO

The timing for the next leg of growth in North America remains uncertain, but there’s “no question” that natural gas output will drive the market into 2025 and beyond because of LNG exports and rising electricity demand, Halliburton Co. CEO Jeff Miller said. Speaking to analysts during the first quarter conference call, Miller was asked…

April 23, 2024

MARAD Requests Updated Application for Delfin LNG Offshore Export Project

The U.S. Maritime Administration (MARAD) has ordered Delfin LNG LLC to submit an updated application to build and operate its proposed export project in the Gulf of Mexico. Seven years after the agency granted Delfin a record of decision (ROD) for the more than 13 million metric tons/year (mmty) capacity project offshore Louisiana, MARAD staff…

April 23, 2024

Natural Gas Buyers Gaining AI Edge with Nitty Gritty Carbon Intensity Data

Creating credible, transparent emissions profiles to differentiate natural gas supply has come a long way from the “responsibly sourced” days, as decarbonization as a service, or DaaS, moves beyond a nice-to-have for operators to a must-have to gain customers, according to experts. Natural gas heavies EQT Corp. and Williams have been at the forefront of…

April 23, 2024

Natural Gas Generation Dominates in PJM as Emissions Fall to Record Lows

PJM Interconnection, the largest U.S. regional transmission organization (RTO), recorded all-time lows for various greenhouse gas emissions last year while natural gas-fired generation continued to grow as the Mid-Atlantic region’s primary power source.  PJM, the RTO managing the electric grid for 13 Mid-Atlantic states and Washington, DC, said carbon dioxide (CO2) emissions in 2023 tumbled…

April 23, 2024