natural gas exports

Port of Corpus Christi Unveils Plans for Green Hydrogen at Facilities

Port of Corpus Christi Unveils Plans for Green Hydrogen at Facilities

The Port of Corpus Christi, a leading U.S. oil and natural gas export hub, has unveiled plans to explore green hydrogen production at its facilities in South Texas. Under a memorandum of understanding (MOU), the Corpus Christi port is partnering with finance giant Ares Management Corp. to look into the potential for building the hydrogen…

May 18, 2021
Weather Models Trend Milder Over Weekend as Natural Gas Futures Slide Early

Weather Models Trend Milder Over Weekend as Natural Gas Futures Slide Early

Natural gas futures retreated in early trading Monday as forecasts over the weekend advertised milder conditions that would limit early season cooling demand. The June Nymex contract was down 2.3 cents to $2.935/MMBtu at around 8:45 a.m. ET. Changes in the weather data over the weekend pointed to lower overall demand for the next 15…

May 10, 2021
May Natural Gas Prices Rally as EIA’s 38 Bcf Storage Build Points to ‘Tight’ Balances

May Natural Gas Prices Rally as EIA’s 38 Bcf Storage Build Points to ‘Tight’ Balances

The Energy Information Administration (EIA) reported a smaller-than-expected 38 Bcf injection into natural gas storage facilities for the week ending April 16. With estimates ahead of the EIA report pointing to a build as large as 56 Bcf, Nymex futures traders harped on the news. The May Nymex contract was trading nearly flat day/day at…

April 22, 2021
Mild Temps, Weaker Fundamentals Seen Keeping Pressure on Natural Gas Futures

Mild Temps, Weaker Fundamentals Seen Keeping Pressure on Natural Gas Futures

Natural gas futures retreated in early trading Wednesday amid forecasts for mild temperatures and lower weather-driven demand starting next week. The May Nymex contract was down 3.3 cents to $2.694/MMBtu at around 8:45 a.m. ET. The latest 15-day forecast from Bespoke Weather Services remained essentially unchanged early Wednesday, albeit with a slight change in the…

April 21, 2021
NGI’s Hub & Flow Delves into the History and Future of North American Gas Market — Listen Now

NGI’s Hub & Flow Delves into the History and Future of North American Gas Market — Listen Now

Click here to listen to a new episode of NGI’s Hub & Flow podcast. NGI’s Christopher Lenton, senior editor for Mexico and Latin America, spoke to Mercuria Energy Co.’s Charles Blanchard in the latest episode. Blanchard, head of North American natural gas research, recently published an exhaustive study on the history of natural gas in…

April 19, 2021
Chillier Forecast, ‘Elevated’ Exports Send Natural Gas Futures Higher Early

Chillier Forecast, ‘Elevated’ Exports Send Natural Gas Futures Higher Early

Riding momentum from strong export levels and continued colder trends from forecasts over the weekend, natural gas futures probed several cents higher in early trading Monday. The May Nymex contract was up 3.9 cents to $2.719/MMBtu at around 8:40 a.m. ET. In its latest 15-day forecast Monday Bespoke Weather Services added nine gas-weighted degree days…

April 19, 2021
Euro Model Seen Colder Overnight as May Natural Gas Futures Advance

Euro Model Seen Colder Overnight as May Natural Gas Futures Advance

Colder overnight trends for late April from one of the major weather models saw natural gas futures climb several cents in early trading Friday. The May Nymex contract was up 3.1 cents to $2.689/MMBtu at around 8:50 a.m. ET. The European weather model added 12 heating degree days (HDD) overnight, with colder trends impacting the…

April 16, 2021
TC Pipeline Expansions to Increase Western Canada Natural Gas Exports to U.S.

TC Pipeline Expansions to Increase Western Canada Natural Gas Exports to U.S.

Capacity additions underway in annual stages on three TC Energy Corp. pipeline subsidiaries are set to increase Canadian natural gas exports to California, Nevada, Oregon and Washington during 2022 and 2023. The coordinated expansions, a package titled West Path, pioneer a switch to quiet growth that TC President Francois Poirier outlined at a spring investment…

April 15, 2021
Overall Forecast Themes Unchanged as Natural Gas Futures Steady Early

Overall Forecast Themes Unchanged as Natural Gas Futures Steady Early

Natural gas futures were trading close to even early Friday amid no major changes to the weather outlook overnight, while analysts continued to mull the implications of the latest government inventory data. The May Nymex contract was up 1.2 cents to $2.534/MMBtu at around 8:50 a.m. ET. The U.S. Energy Information Administration (EIA) on Thursday…

April 9, 2021
U.S. Natural Gas Pipeline Exports to Mexico Set to Crest This Summer

U.S. Natural Gas Pipeline Exports to Mexico Set to Crest This Summer

Mexico is expected to see record imports of piped natural gas from the United States this summer as the economy recovers from the impacts of the coronavirus. Energy Aspects analysts forecast cross-border flows from the United States to Mexico this summer would average 6.3 Bcf/d, up 800 MMcf/d year/year, as demand rebounds on Mexico’s national…

April 6, 2021