Exports

Canadian natural gas imports from the United States jumped by 14% last year, according to a trade scorecard kept by the National Energy Board (NEB).

The Department of Energy (DOE) said it wants to expedite the approval process for small-scale exports of liquefied natural gas (LNG), primarily to countries in the Caribbean, Central America and South America.

Cheniere Energy Inc.’s natural gas export facility in Sabine Pass, TX, on Wednesday was said to be loading its first cargo in more than a week following shut-ins from Hurricane Harvey.

Eagle Ford Shale producers working in South Texas are getting back to business, with some of the largest operators expecting to be operating within a week or two at the same level they were before Hurricane Harvey forced them to shutter operations.

Because the Gulf Coast increasingly is the hub for natural gas exports and industrial demand, Hurricane Harvey may foretell what could occur in future natural disasters, according to Barclays Capital.

Mexico’s economy posted solid growth during the second quarter, with oil exports climbing 34.4% in the first five months of 2017 year/year, according to research by the Federal Reserve Bank of Dallas.

Crude oil exports have inched upward this year, reaching the highest monthly level on record of 1.1 million b/d in February, the Energy Information Administration (EIA) said Tuesday.

Natural gas forward prices fell at most locations across the United States for the period between May 19 and 25 as bearish storage news and a lack of clarity in long-term weather forecasts pressured markets, according to NGI’s Forward Look.

Natural gas forward prices fell at most locations across the United States for the period between May 19 and 25 as bearish storage news and a lack of clarity in long-term weather forecasts pressured markets, according to NGI’s Forward Look.