BP plc reported a 7% increase in North American natural gas marketed compared to the year-ago period and had more than double the sales transaction total of its nearest competitor in the third quarter of 2014. Half of the other companies participating in NGI’s 3Q2014 Top North American Gas Marketers Ranking reported decreased sales compared with 3Q2013, leading to a lower overall total.
Bcf/D
Articles from Bcf/D
EIA Foresees More Than 8 Bcf/d of Northeast Bidirectional Capacity
The natural gas pipeline industry’s response to booming Northeast production is well under way as up to 8.3 Bcf/d of existing capacity into the Northeast could be modified to also flow the other way. And besides bi-directional projects, new capacity out of the region is also planned.
December 2, 2014
Sempra Gets Nod on $300M Mexico Gas Pipeline
San Diego-based Sempra Energy’s 81%-owned Mexican energy infrastructure company, IEnova, late Monday was named the winner in the competition to build a 1.4 Bcf/d capacity natural gas transmission line to fuel generation plants operated by Mexico’s Comision Federal de Electricidad (CFE).
November 25, 2014
Cooler Temps Lifting Futures; December Called a Penny Higher
December natural gas is expected to open a penny higher Thursday morning at $4.38 as weather forecasts show ongoing cold temperature patterns and traders await a government report that is expected to show the first storage withdrawal of the season. Overnight oil markets were narrowly mixed.
November 20, 2014
Genscape Says Another Polar Vortex Won’t Sap Supplies, Spike Prices
The upcoming winter season in the Lower 48 is expected to be warmer than the last one, but even if the polar vortex returns for a sequel, many factors would likely keep prices in check and the increased demand for natural gas from outpacing supplies in the market, according to analysts at Genscape Inc.
October 17, 2014
First Non-Triple-Digit Build In 12 Weeks On Tap; November Seen Up a Penny
November natural gas is set to open a penny higher Thursday morning at $3.81 as traders await market-driving information in the form of weekly government storage figures. Overnight oil markets continued to melt.
October 16, 2014
Prairie State Pipeline Would Give Chicago, Midwest Multi-Basin Access
Tallgrass Development LP and AGL Resources Inc. are proposing the 140-mile, 1.2-1.5 Bcf/d Prairie State Pipeline to connect the Illinois and Midwest markets with natural gas from the Rockies, Midcontinent, Gulf Coast as well as growing Appalachian Basin shale plays.
October 14, 2014
Hefty Storage Injection On Tap, Yet November Called 2 Cents Higher
November natural gas is seen opening 2 cents higher Thursday morning at $3.87 as traders brace themselves for what is anticipated to be another government report showing a bin-busting addition to natural gas inventories. Overnight oil markets slumped.
October 9, 2014
Oil Markets Falling Hard, Yet November Seen Unchanged
November natural gas is expected to open unchanged at $4.02 Thursday morning as traders await government storage data that is expected to show larger than normal inventory builds and at the same study weather reports that show no clear signs of inducing any major market moves. Oil markets overnight continued Wednesday’s losses.
October 2, 2014
Another 0.56 Bcf/d Won’t Hurt, FERC Tells Sierra Club
The Sierra Club was thwarted Thursday in its bid to prevent the Sabine Pass LNG LP terminal in Cameron Parish, LA, from gaining FERC authorization for another 0.56 Bcf/d of capacity.
September 18, 2014
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
