Story of the day
Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’
Natural Gas Prices
Exceptionally Stout Mountain Region Natural Gas Storage Curtails Rockies Prices
Strong natural gas production in the Rockies and anemic heating demand over long stretches of the 2023-2024 winter resulted in an abundance of supply in the Mountain region and, by extension, suppressed prices. NGI’s Rocky Mtns. Regional Avg. cash prices averaged $1.235/MMBtu to finish trading last week, down from around $3.00 as the winter season…
April 22, 2024
LNG
Natural Gas Pipeline Nominations, Vessel Traffic Indicate Freeport LNG Production Returns
Operations at Freeport LNG could be ramping up again after more than a week of near-zero gas flows to the Texas facility drove speculation that multiple trains were offline, according to pipeline and vessel data. Feed gas nominations for the liquefied natural gas terminal started rising over the weekend and have grown to about 17%…
April 22, 2024
Earnings
SLB’s Strong International Oil, Natural Gas Business Overcomes Softer North American Activity
SLB Ltd., the world’s leading oilfield services operator, is forecasting “softness” to continue across North America’s oil and gas basins, but offshore activity is ticking higher. CEO Olivier Le Peuch held a conference call on Friday to discuss first quarter performance. Because the business reaches into every onshore and offshore area of the globe, SLB…
April 22, 2024
LNG
Global Natural Gas Prices Stable as Fears Ease Over Middle East Conflict – LNG Recap
Asian and European natural gas prices declined Monday as geopolitical tensions in the Middle East eased and the supply outlook strengthened. Prices were stable last week when the market shrugged off the impacts of attacks carried out by Israel and Iran. With no apparent threat to production in the Eastern Mediterranean or shipping in the…
April 22, 2024
Infrastructure
Mexico Lagging Behind Peer Markets in Natural Gas Storage, Report Warns
Mexico’s next government must invest in natural gas storage and pipeline infrastructure in order to keep up with rising demand and meet energy transition goals, according to a new report by the Instituto Mexicano Para la Competitividad (IMCO) think tank. Mexico is the world’s eighth largest natural gas market, with demand in excess of 8…
April 22, 2024
LNG
Japan’s LNG Consumption Expected to Decline This Year
Despite fuel restrictions at four of Jera Co. Inc.’s gas-fired power plants in Tokyo last month, Japan’s LNG imports are again expected to decline this year. Liquefied natural gas stockpiles hit their lowest point since January 2021 last month, when they fell below the five-year average of 2.14 million tons (Mt). Cargo deliveries were delayed…
April 22, 2024
E&P
North Dakota Natural Gas Production Rebounds from Winter Outages as Prices Still at Historic Lows
Natural gas production in North Dakota averaged 3.36 Bcf/d in February, up 12% month/month, according to the state’s Department of Mineral Resources (DMR). February “was a very good month for the state, recovering from the late-December/early-January winter weather,” said DMR’s Lynn Helms, Oil and Gas Division director, during a press conference. Operators captured and marketed…
April 19, 2024
Markets
West Texas Clawing Back as Volatile Week Ends with Natural Gas Prices Still Lower; Futures Slip
Struggles defined the weekly natural gas cash market as prices bounced between gains and losses amid seasonal factors including fickle weather and maintenance activity. NGI’s Weekly Spot Gas National Avg. for the April 15-19 period ultimately lost 7.5 cents to $1.135/MMBtu. Meanwhile, the May Nymex futures contract jumped early in the week after reports of…
April 19, 2024
Earnings
From LNG to Data Centers, Kinder Morgan Bullish on Natural Gas Growth
Producers of natural gas may be struggling with low prices, but for pipeline operators like Kinder Morgan Inc. (KMI), the outlook is anything but bearish. The Houston-based midstreamer, which transports about 40% of the natural gas consumed in the United States, kicked off the first quarter earnings season with stellar results and a positive message…
April 18, 2024Recent News
Infrastructure
Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’
Apr 23, 2024
Infrastructure
Planning Said Essential for Natural Gas Utilities Lacking Pipeline Capacity to Move Supply to Market
Apr 23, 2024
Energy Transition
Natural Gas Buyers Gaining AI Edge with Nitty Gritty Carbon Intensity Data
Apr 23, 2024
Energy Transition
Natural Gas Generation Dominates in PJM as Emissions Fall to Record Lows
Apr 23, 2024
Markets
Natural Gas Futures Get Boost from Freeport Restart, Cool Weather-Driven Demand
Apr 22, 2024
Natural Gas Prices
Exceptionally Stout Mountain Region Natural Gas Storage Curtails Rockies Prices
Apr 22, 2024Daily 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
• News and analysis of key market events
• Daily breakdown of physical market natural gas price activity
Energy Transition
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, 2024Energy Transition
Natural Gas Generation Dominates in PJM as Emissions Fall to Record Lows
April 23, 2024Mexico 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
Markets
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 …
April 22, 2024Infrastructure
Mexico Lagging Behind Peer Markets in Natural Gas Storage, Report Warns
April 22, 2024Shale 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
• On-the-ground news coverage of crucial market events impacting supply and demand fundamentals
Energy Transition
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, 2024Energy Transition