Pipelines

Natural Gas Futures Plummet Below $5 as Mild Weather to Prevail into Early November

Natural Gas Futures Plummet Below $5 as Mild Weather to Prevail into Early November

Natural gas futures extended their losses on Monday as cold weather remained largely absent from long-range forecasts. Despite higher global prices, the November Nymex gas futures contract plunged 42.1 cents to settle at $4.989/MMBtu. December dropped 36.4 cents to hit $5.236. Spot gas prices also continued to slide, with NGI’s Spot Gas National Avg. slipping…

October 18, 2021
November Natural Gas Prices Tumble to Near $5.50 as Cold Not Yet on Radar; Cash Off

November Natural Gas Prices Tumble to Near $5.50 as Cold Not Yet on Radar; Cash Off

After another week of turbulent swings in the natural gas market, bulls and bears appeared ready to take a breather on Friday. November Nymex gas futures still gyrated in a more than 30-cent range, but were poised to settle nearly flat on the day before a late-session sell-off ended with the contract off 11.2 cents…

October 8, 2021
Enbridge’s Line 3 Replacement Set to Flow Oil Oct. 1

Enbridge’s Line 3 Replacement Set to Flow Oil Oct. 1

The Alberta government and Canadian oil exporters celebrated Wednesday after Enbridge Inc. confirmed that its Line 3 pipe replacement project had been completed and would start deliveries Friday (Oct. 1). “It’s fantastic news for our province’s economic recovery,” said Premier Jason Kenney. “Our government will continue to fight for all projects that help bring our…

September 30, 2021
Developers Finally Drop Plans for PennEast, Citing Regulatory Uncertainty

Developers Finally Drop Plans for PennEast, Citing Regulatory Uncertainty

Seven years after it was announced, the PennEast Pipeline has been canceled following repeated regulatory and legal setbacks that have increasingly complicated other natural gas infrastructure projects across the country.  PennEast scrapped the project on Monday following what it said was “extensive evaluation and discussion” among its five member companies. The project battled landowners, environmental…

September 30, 2021
Natural Gas Pipelines ‘Not at the Forefront’ of Cybersecurity, Experts Warn

Natural Gas Pipelines ‘Not at the Forefront’ of Cybersecurity, Experts Warn

Natural gas pipeline operators must enhance their cybersecurity protocols to avoid breaches like the one that shut down the Colonial Pipeline refined products conduit in May, a panel of experts agreed Wednesday.  Electronic bulletin boards (EBB) are especially vulnerable to hacks, said the panelists participating virtually in the LDC Gas Forums Midcontinent conference in Chicago.…

September 18, 2021
U.S., Europe Targeting 30% Reduction in Global Methane Emissions by 2030, Says Biden

U.S., Europe Targeting 30% Reduction in Global Methane Emissions by 2030, Says Biden

President Biden said Friday the United States and the European Union will target a 30% reduction in global methane emissions versus 2005 levels by 2030. The president unveiled the Global Methane Pledge in an address kicking off the virtually held Major Economies Forum on Energy and Climate. President Biden urged fellow world leaders to sign…

September 17, 2021
National Fuel Gas Looks to Lower Carbon Footprint from E&P, Midstream and Utility Businesses

National Fuel Gas Looks to Lower Carbon Footprint from E&P, Midstream and Utility Businesses

National Fuel Gas Co., whose footprint extends across the country, has set a goal to lower its carbon footprint in 2030 by double-digits across the exploration, midstream and utility segments.  The goals were announced recently in the company’s 2020 Corporate Responsibility report, which provided a review of environmental, social and governance (ESG) metrics. The diversified…

September 16, 2021
WaterBridge Adding Produced Water Heft in Permian Delaware with Colgate Acquisition

WaterBridge Adding Produced Water Heft in Permian Delaware with Colgate Acquisition

WaterBridge Holdings LLC is continuing to build on its extensive portfolio of produced water infrastructure in the Permian Basin. Backed by private equity firm Five Point Energy, the midstream company recently completed a transaction to acquire Colgate Energy LLC assets in the Delaware sub-basin that it snagged in June from Occidental Petroleum Corp. (Oxy). Financial…

September 15, 2021
Pipeline Integrity Programs a ‘Growing Business’ for CNG, Small-Scale LNG Providers

Pipeline Integrity Programs a ‘Growing Business’ for CNG, Small-Scale LNG Providers

Outages caused by maintenance, repair or replacement of aging pipelines is giving a boost to providers that don’t rely on pipes to transport natural gas to customers, industry experts said Tuesday. Pipeline integrity programs are a growing business for small-scale liquefied natural gas (LNG) specialist Stabilis Solutions Inc. to keep molecules flowing to end users…

September 15, 2021
Spire’s Natural Gas Pipeline Secures FERC Certificate to Keep Operating — For Now

Spire’s Natural Gas Pipeline Secures FERC Certificate to Keep Operating — For Now

FERC on Tuesday issued a temporary certificate of public convenience and necessity to Spire STL Pipeline LLC, keeping the 65-mile, 400,000 Dth/d Midwest natural gas conduit in service for now following a court order vacating the project’s federal authorization. Three of the four sitting members of the Federal Energy Regulatory Commission opted to support the…

September 14, 2021
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