Pipelines

A federal district court has denied ongoing legal challenges to the Trump administration’s 2019 approval of TC Energy Corp.’s Keystone XL oil pipeline.  In separate orders handed down late last week, Chief District Judge Brian Morris of the U.S. District Court for Montana denied requests filed by tribal and environmental groups seeking a preliminary injunction…

Kinder Morgan Inc. moved back to the positive side of the ledger during the third quarter, but management for the midstream giant remains keenly aware of the lingering uncertainties facing the oil and gas industry. “We’re not on the other side of the downturn of the U.S. energy industry,” CEO Steven Keen said Wednesday during…

The Texas oil and gas pipeline sector supported more than 238,000 high paying jobs and contributed more than $48.6 billion to the state in 2019, according to a Texas Tech University study. The report, by Tech’s Center for Energy Commerce at the Rawls College of Business, was commissioned by the Austin, TX-based Texas Pipeline Association…

Natural gas futures started off the week lower amid further uncertainty surrounding the pace of liquefied natural gas (LNG) export recovery. A “complicated” weather outlook also left traders unsure of where to price gas, but a chillier turn in Monday’s midday models ultimately lifted the November Nymex contract up 2.2 cents to $2.795. December nudged…

The controversial Dakota Access Pipeline (DAPL) secured the final regulatory approval needed to build a pump station and expand others in Illinois, projects that should help it nearly double oil capacity. The Illinois Commerce Commission (ICC) this week approved Energy Transfer LP’s plan to build a pump station in Hancock County, IL, and expand other…

With Gulf Coast liquefied natural gas (LNG) facilities unscathed by Hurricane Delta, export demand’s quick rebound combined with a chillier forecast to send natural gas futures sharply higher Monday. The November Nymex gas futures contract jumped 14.0 cents to settle at $2.881. December climbed 6.7 cents to $3.271. Spot gas prices also posted stout increases…

In keeping with an extensive history of persistent legal opposition to Mountain Valley Pipeline LLC (MVP), environmental groups have asked a federal appeals court to stay recently updated waterbody-crossing permits for the 303-mile, 2 million Dth/d natural gas conduit. In petitions filed Monday with the U.S. Court of Appeals for the Fourth Circuit, a coalition…

The Natural Gas Supply Association (NGSA), which last year called for carbon pricing to be enacted, has now adopted principles that commit members to reducing methane emissions.   Among other things, creating “an effective market mechanism could incentivize broader participation from all sectors” to reduce emissions, the national group said. NGSA members are some of the…

After sinking near the 200-day moving average at the end of last week, natural gas futures bounced back with a vengeance Monday thanks to stronger liquefied natural gas (LNG) feed gas demand and strong cash prices. The November Nymex gas futures contract hit a $2.727/MMBtu intraday high before settling at $2.615, up 17.7 cents from…