January natural gas is set to open 4 cents lower Tuesday morning at $3.35 as overnight weather runs show less cold and market technicians see further weakness. Overnight oil markets rose.
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BP Energy continued a long-running dispute with Dominion Cove Point LNG LP (DCP) Friday when it asked FERC to expedite action on a case recently remanded by the United States Court of Appeals and allow it to “turn back” import expansion storage and regasification capacity as the agency previously allowed another existing import customer.
North American liquefied natural gas (LNG) export developers are taking the long-term view, setting aside the pessimism that has characterized the outlook for exporting gas since the collapse of oil prices in 2014.
Companies never like to comment on “rumors or speculation,” but sometimes all the gossip can be too much for a multi-billion-dollar organization to bear. Enterprise Products Partners LP and Williams are an example.
FERC issued a notice of schedule Friday for the Appalachian Basin-to-Southeast Atlantic Coast Pipeline LLC (ACP) and related Supply Header Project, setting a June 30, 2017, deadline to complete a final environmental impact statement.
Pennsylvania’s former Democratic Gov. Ed Rendell said this week that he made a “mistake” in putting the economic benefits of the shale gas boom before environmental protections.
Seven months after holding its most successful auction for oil and natural gas lease blocks, the Mexican government began the process for its second round of tenders, this one for 15 offshore exploration blocks in the shallow Gulf of Mexico (GOM).
As the fallout from the messy break-up of Williams Companies Inc. and Energy Transfer Equity LP continues (see Daily GPI, July 1), two other major natural gas industry mergers have been finalized.
A Maine Public Utilities Commission (PUC) staff recommendation in an Examiner’s Report released Wednesday says there is no need for state regulators to enter into pipeline capacity contracts in order to support natural gas and power price stability — at least not for now.