Story of the day
Natural Gas Futures Get Boost from Freeport Restart, Cool Weather-Driven Demand
LNG
Texas LNG Plans to Start Construction This Year After EQT Tolling Deal Expanded
EQT Corp. has expanded an agreement to ultimately give it 2 million metric tons/year (mmty) of natural gas liquefaction capacity at Glenfarne Energy Transition LLC’s proposed export plant in Brownsville, TX. EQT, the largest U.S. natural gas producer, has signed another heads of agreement with Glenfarne for 1.5 mmty of tolling capacity at Texas LNG…
April 23, 2024Infrastructure
Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’
Nearly seven years after receiving federal certification to build its 303-mile, 2 million Dth/d natural gas conduit, Mountain Valley Pipeline LLC (MVP) has requested FERC authorization to place the project into service. MVP in a written request filed by its legal counsel Monday asked the Federal Energy Regulatory Commission to approve its in-service request by…
April 23, 2024Infrastructure
Planning Said Essential for Natural Gas Utilities Lacking Pipeline Capacity to Move Supply to Market
In a natural gas market where abundant supplies and a lack of demand have depressed prices, the scarcity of pipeline capacity has added to the complexity for buyers who must ensure daily deliverability to customers, a panel of executives said recently. “When you talk about supply and demand in pricing, I have been in the…
April 23, 2024Earnings
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, 2024Recent News
Infrastructure
Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’
Apr 23, 2024Infrastructure
Planning Said Essential for Natural Gas Utilities Lacking Pipeline Capacity to Move Supply to Market
Apr 23, 2024Energy Transition