Liquefied Natural Gas

Cheniere Energy Inc. has begun measuring greenhouse gas (GHG) emissions at its two Gulf Coast LNG export terminals to demonstrate its progress to export “cleaner” natural gas. The Houston-based liquefied natural gas exporter has joined the United Nations Environment Programme’s (UNEP) Oil and Gas Methane Partnership (OGMP) 2.0. Cheniere has also initiated the quantify, monitor,…

Boosted by late-season heat, domestic storage concerns and robust global demand, natural gas futures on Wednesday rallied for a fifth-straight session. The October Nymex gas futures contract spiked 83.0 cents day/day and settled at $9.114/MMBtu, marking its biggest jump in the latest bull run. November gained 83.3 cents to $9.167. At A Glance: Demand drivers…

Natural gas prices dropped again Wednesday as traders assessed receding domestic demand prospects, rising production and possible peril for American LNG exports. The October Nymex gas futures contract settled at $7.842/MMBtu, down 30.3 cents day/day. November fell 31.1 cents to $7.901. At A Glance: Production hovers around all-time high Forecasts call for cooler weather ahead…

Driven by upstream activity tied to LNG export projects, production of natural gas liquids (NGL) in the gassy Montney Shale has seen a recent boost, according to the U.S. Energy Information Administration (EIA).  In its latest analysis of Canada’s energy commodities, EIA projected the country’s oil production to grow this year and into 2023.  Factors…

Many of the liquefied natural gas (LNG) export facilities already under construction or in planning will not be needed in the future if the world is to reach net zero greenhouse gas emissions by 2050, the International Energy Agency said in a bombshell report this week. The world’s oil and gas needs in a net…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Kinder Morgan Inc. kicked off earnings season for North American oil and gas midstream companies, reporting lower transportation volumes across its systems but continuing to improve its balance sheet. The Houston-based midstreamer plans to toe the line this year when it…

Continued warmth in the latest forecasts, combined with a drop in export volumes, sent natural gas futures several cents lower in early trading Thursday. The February Nymex contract was down 5.0 cents to $2.489/MMBtu at around 8:45 a.m. ET. The updated forecast from Bespoke Weather Services early Thursday showed small changes versus 24 hours earlier.…

After suffering heavy losses in the previous session, natural gas futures recovered a few cents in early trading Tuesday amid mixed trends in forecasts overnight. Coming off a 16.9-cent sell-off Monday, January Nymex futures were up 3.8 cents to $2.444/MMBtu at around 8:50 a.m. ET. Trends in the overnight guidance were mixed, with the American…

Liquefied natural gas (LNG) project developer Tellurian Inc. in the third quarter bought and sold its first LNG cargo under a master agreement reached last year, according to a report the company filed with the U.S. Securities and Exchange Commission (SEC). Tellurian’s marketing arm bought the cargo in July and subsequently sold it to an…