Pipelines

U.S. midstream giant Energy Transfer LP is looking to expand to new markets with an initial deal to explore a potential liquefied petroleum gas (LPG) development in Panama. The Dallas-based company has signed a memorandum of understanding (MOU) with the Republic of Panama to jointly study the feasibility of the proposed Trans-Panama Gateway Pipeline development. …

National Grid believes that there will be a gas shortfall in lower New York state in the winter of 2022-2023 if new infrastructure projects aren’t able to go ahead. Without new infrastructure, a gap of 9,000 Dth/d would open up and continue to grow to a gap of 518,000 Dth/d in 2035-2036, the utility said.…

July natural gas futures charged like a lion Monday, surging 12.1 cents from Friday’s levels as a historic heat wave continued to smother the Pacific Northwest, leading to pipeline issues and amplified demand. Notable heat also blanketed the East Coast, and with forecasts pointing to more hot weather ahead, the July Nymex contract extended its…

Oilsands production in Canada is expected to grow despite the cancellation of the 830,000 b/d Keystone XL pipeline project because other export pipelines continue to advance toward completion, according to IHS Markit. IHS Markit on Wednesday pointed to 960,000 b/d of capacity under construction in Canada and the United States. These include the 590,000 b/d…

A U.S. environmental review is expected to delay construction of the proposed Straits of Mackinac tunnel for Enbridge Inc.’s Line 5, the 540,000 b/d oil pipeline that serves Central Canada and the Midwest The U.S. Army Corps of Engineers will require a formal environmental impact statement (EIS) for the Line 5 project, said Acting Assistant…

FERC erred when it issued a 2018 certificate to Spire STL Pipeline LLC by failing to adequately examine the market need for the natural gas transmission project, an appeals court ruled Tuesday. The U.S. Court of Appeals for the District of Columbia (DC) Circuit vacated Spire’s certificate and remanded it back to the Federal Energy…

The changes in supply and demand that brought natural gas futures down a few notches to start the week provided some uplift to the market on Tuesday. A large decline in production, though likely temporary, along with a warmer turn in the latest weather models sent the July Nymex gas futures contract up 6.7 cents…

The chief executive of the pipeline operator that was temporarily crippled by a ransomware attack last month apologized to Americans. During testimony before a Senate panel on Tuesday, he acknowledged that Colonial Pipeline was susceptible to hackers and that it is still grappling with challenges caused by the infiltration. “We are deeply sorry for the…

Natural gas futures opened the week lower as a trifecta of bearish factors, including a large drop in export feed gas demand, brought prices down a couple of notches. The July Nymex gas futures contract fell 2.7 cents to $3.070. August fell 2.5 cents to $3.089. Spot gas prices were higher, however, as heat blanketed…