FERC has approved Kinder Morgan Inc.’s request to abandon 964 miles of natural gas service on the Tennessee Gas Pipeline (TGP) system in another step toward repurposing the stretch to deliver Appalachian natural gas liquids (NGL) to the Texas Gulf Coast.
Articles from Gulf
With so much new supply hitting the market over the next few years, and with incremental demand from the Gulf Coast, natural gas producers haven’t seen the last of widening basis differentials, according to RBN Energy LLC’s Rusty Braziel.
Hurricane Harvey’s lingering impact on the Texas energy sector is forcing producers to reduce guidance, not only from shut-ins in the Eagle Ford Shale but also because of petrochemical limitations at Gulf Coast processing facilities.
The storm formerly known as Hurricane Harvey officially broke continental U.S. rainfall records Tuesday, but nobody had to tell anyone living in the Houston area what they already knew.
September natural gas is expected to open 2 cents lower Wednesday morning at $2.92 as traders saw Tuesday’s failure to breach $3 as leading to further declines Wednesday. Overnight oil markets eased.
Sempra Energy and Boardwalk Pipeline Partners LP are joining the competition to carry natural gas from the Permian Basin to the Texas Gulf Coast, after launching a nonbinding, open season through Sept. 14 to solicit interest in a 470-mile pipeline.
Gulf Coast Could See Renewed Storm-Related Volatility As LNG Exports Grow, But It Won’t Be Armageddon
It’s been 12 long, relatively quiet years since Hurricanes Katrina and Rita, which at their highest intensity both ranked as Category 5 storms, washed across the U.S. Gulf of Mexico (GOM) and destroyed natural gas and platforms and onshore infrastructure.
Upstream technological advancements have fundamentally altered the outlook for natural gas and oil, with the Gulf Coast ready and able to expand gas export capability and petrochemical growth, according to a new study.
The global liquefied natural gas (LNG) market, which was about 270 million tonnes last year, will grow to 360-370 million tonnes in three years time, and the U.S. Gulf Coast will serve 25-30% of that market, LNG pioneer Charif Souki said Thursday in Houston.
ExxonMobil Corp., which last week said it would move more global investment to the U.S. onshore, on Monday unveiled a $20 billion plan to expand manufacturing capacity along the Gulf Coast, fueled by domestic natural gas and oil.