Pipelines

Natural gas futures were sluggish to start the week as weather models came into agreement in showing a lack of continued frigid weather into early February. Though production remains off recent highs and export demand continues to be near record levels, the February Nymex gas futures contract on Monday settled at $4.027/MMBtu, up only 2.8…

Mexican state power utility Comisión Federal de Electricidad (CFE) is seeking private sector firms to build new natural gas infrastructure and utilize capacity on its existing pipelines, executives said Wednesday. Speaking at Industry Exchange LLC’s 7th Mexico Infrastructure Projects Forum in Monterrey, Nuevo León, CFE Internacional (CFEi) operations director Carmen Serdán and CFEnergía operations director…

The U.S. midstream sector is involved in the development of renewable natural gas (RNG), hydrogen, responsibly sourced gas (RSG), carbon capture and other emissions-reducing projects in every region of the country. However, over the next 11 months, executives from some of the largest midstream companies said the focus is to intensify on engagement, collaboration and new partnerships that enhance the role of natural gas in the energy transition.

The U.S. Energy Information Administration (EIA) reported a pull of 179 Bcf natural gas from storage for the week ended Jan. 7, the largest so far this winter and in line with expectations. Nymex natural gas futures, already down in morning trading following a four-day rally, held deep in the red after the print. Ahead…

A UGI Corp. subsidiary is adding more than 47 miles of natural gas pipeline to its portfolio in Appalachia with the $190 million purchase of midstream assets from Stonehenge Energy Holdings LLC. The deal to acquire Stonehenge Appalachia LLC also includes associated compression assets, along with gathering capacity of 130 MMcf/d, all located in Butler…

Because TC Energy Corp. canceled plans to move forward on the Keystone XL oil pipeline, a federal court declared a lawsuit that challenged President Biden’s authority to revoke the presidential permit as moot. On his first day of office in January 2021, President Biden kept a 2020 election promise to scrap the permit granted by…

Southwest Gas Holdings Inc. has completed its nearly $2 billion acquisition of Dominion Energy Questar Pipeline LLC, a move that activist investor Carl Icahn had attempted to thwart.  Questar and its affiliates, which operate 2,160 miles of FERC-regulated interstate natural gas pipelines in the Rocky Mountain region, is to be rebranded as subsidiary MountainWest Pipelines…

Natural gas futures surged midweek as Old Man Winter appeared ready to ring in the new year. Even with the potential for cold weather to last a couple of weeks, though, the January Nymex futures contract expired 3.1 cents lower at $4.024/MMBtu. The incoming prompt-month February contract settled at $3.850, down 3.5 cents from Tuesday’s…

Pennsylvania’s Department of Environmental Protection (DEP) has cleared the way for Sunoco Pipeline LP to reroute part of its Mariner East natural gas liquids system near Marsh Creek Lake State Park in Chester County, PA. Construction was halted last August when drilling fluids and mud seeped into a part of the lake called Ranger Cove…