Story of the day
Scorching Summer Forecast Sets Stage for Strong Natural Gas Demand, Price Recovery
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, 2024
Infrastructure
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, 2024
Infrastructure
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, 2024
LNG
How Does Vaca Muerta Reach Potential? Through LNG, Industry Says
Argentina’s vast natural gas resources would only be fully developed with an LNG export facility, according to experts who spoke at a recent energy conference. “Clearly we think we need to develop the regional market,” said Pampa Energía’s director of commercialization and midstream, Santiago Patrón. The executive at one of Argentina’s top natural gas producers…
April 23, 2024
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, 2024
Earnings
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
Regulatory
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
Energy Transition
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
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, 2024Recent News
Natural Gas Prices
Scorching Summer Forecast Sets Stage for Strong Natural Gas Demand, Price Recovery
Apr 24, 2024
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
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.
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Markets
Natural Gas Futures Climb for Second Day as Maintenance Sends Output Lower
Natural gas futures finished higher Tuesday after a choppy session that began in the red, supported by a rebound in U.S. LNG exports and a blitz of pipeline maintenance that sent gas production estimates lower. At A Glance: West Texas prices flip positive MVP pipeline ready to start in May Production falls below 97 Bcf/d…
April 23, 2024Infrastructure
Mountain Valley Pipeline Submits In-Service Request as Project ‘Nearing Completion’
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
LNG
How Does Vaca Muerta Reach Potential? Through LNG, Industry Says
Argentina’s vast natural gas resources would only be fully developed with an LNG export facility, according to experts who spoke at a recent energy conference. “Clearly we think we need to develop the regional market,” said Pampa Energía’s director of commercialization and midstream, Santiago Patrón. The executive at one of Argentina’s top natural gas producers…
April 23, 2024Markets
Natural Gas Futures Get Boost from Freeport Restart, Cool Weather-Driven Demand
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
Markets
Natural Gas Futures Climb for Second Day as Maintenance Sends Output Lower
Natural gas futures finished higher Tuesday after a choppy session that began in the red, supported by a rebound in U.S. LNG exports and a blitz of pipeline maintenance that sent gas production estimates lower. At A Glance: West Texas prices flip positive MVP pipeline ready to start in May Production falls below 97 Bcf/d…
April 23, 2024