LNG

Fundamentals underpinning Mexico’s natural gas and power sectors remain strong despite the government’s controversial energy policies, according to Sempra Infrastructure’s Tania Ortiz, president. The subsidiary of San Diego, CA-based Sempra is developing liquefied natural gas (LNG) export projects at two sites on Mexico’s Pacific Coast, and has played a starring role in building out the…

Houston-based Stabilis Solutions Inc. reported record revenue last year, and in the fourth quarter bested the number of liquefied natural gas (LNG) volumes to customers with “broad-based increases” in Mexico. The Mexico business “continued to grow and mature in 2021 and was responsible for approximately 14% of total revenues,” executives said in a fourth quarter…

Tulsa-based Williams has clinched agreements with Quantum Energy Partners that include more than doubling its Haynesville Shale natural gas midstream footprint to 4 Bcf/d-plus from 1.8 Bcf/d. In one deal, Williams agreed to pay $950 million for Quantum’s Trace Midstream, which holds East Texas natural gas gathering and processing assets.  A memorandum of understanding with…

President Biden has banned imports of Russian oil and natural gas in a move that at once compounded already severe sanctions against the Kremlin and amplified the specter of record high energy prices amid a raging war in Ukraine. “Russian oil will no longer be acceptable at U.S. ports,” the president said in televised remarks…

U.S. natural gas exports are likely to continue growing through at least 2050, according to updated long-term forecasting from the Energy Information Administration (EIA). In its Annual Energy Outlook (AEO) 2022 report, published Thursday, the agency said it sees liquefied natural gas (LNG) and pipeline exports to Mexico both contributing to the increase in the…

Click here to listen to the latest episode of NGI’s Hub & Flow for a deeper understanding of how the Russia-Ukraine crisis could impact Mexico’s natural gas market. In the podcast, NGI Senior Editor Christopher Lenton sits down with Gadex Consultant Eduardo Prud’homme to look at how Russia’s invasion of Ukraine is impacting global natural…

The No. 1 natural gas producer in Canada, Tourmaline Oil Corp., said it is diversifying its marketing portfolio to fetch the “best pricing possible” for all of its hydrocarbon streams, including an agreement with Cheniere Energy Inc. to participate in the Gulf Coast liquefied natural gas (LNG) export market.  The Calgary-based producer, whose focus is…

Russian natural gas pipeline flows to Europe remain at some of their strongest levels in months despite fighting in Ukraine, but the market is on edge about any potential disruption in deliveries given how crucial imports are for the continent, which has helped to send natural gas prices soaring. “A complete shutdown of Nord Stream…

Even with growth in renewables, natural gas and petroleum are expected to supply most of the energy consumed in the United States through 2050, according to updated long-term forecasting from the Energy Information Administration (EIA). In its Annual Energy Outlook (AEO) 2022 report, published Thursday, the agency said renewables would represent the fastest-growing U.S. energy…