Pipelines

The Covid-19 pandemic dealt a substantial blow to Mexico’s natural gas demand between April and July, according to the U.S. Energy Information Administration (EIA). Gas consumption in Mexico averaged 8.2 Bcf/d during the period, down 5% or 0.5 Bcf/d from the same span last year, EIA said last Thursday, citing data from Genscape Inc. The…

What initially appeared to be a substantial retracement for natural gas futures ultimately turned out to be a much smaller pullback to start the week. After bouncing off a $2.497/MMBtu intraday low, the October Nymex gas futures contract settled Monday at $2.630, off only 2.7 cents from Friday’s close. November finished four-tenths of a cent…

President Trump is betting that, by touting deregulation and deriding his Democratic opponent as an extremist who will raise taxes and throw wrenches into oil and gas development, he will galvanize domestic energy industry support ahead of the November election. Culminating the Republican National Committee (RNC) convention Thursday night in Washington, DC, Trump claimed his…

Mountain Valley Pipeline LLC, beset by legal and regulatory hurdles that have pushed back the startup of its 303-mile, 2 million Dth/d Appalachian natural gas conduit, has asked FERC for a two-year extension to bring the project online. Citing “unforeseen litigation and permitting delays” outside of the project’s control, MVP in a filing Tuesday with…

An administrative law judge has allowed Sunoco Pipeline LP to resume horizontal directional drilling (HDD) on a stretch of its Mariner East pipeline system in southeast Pennsylvania, overturning an order from state regulators that stopped construction last week. Sunoco appealed the order to the Pennsylvania Environmental Hearing Board (EHB), which oversees decisions made by the…

Natural gas traders were on high alert Tuesday as Hurricane Laura churned toward the Gulf Coast, with impacts to supply and demand reverberating across the market ahead of the storm’s projected landfall late Wednesday or early Thursday. Volatility was on full display, with the September Nymex gas futures plunging to an early $2.451 intraday low…

The U.S. Chamber of Commerce on Tuesday said it would help defend Trump administration updates to the National Environmental Policy Act (NEPA) that were designed to minimize reviews and hasten approvals of proposed infrastructure projects, including natural gas and oil pipelines. At issue is the White House Council of Environmental Quality (CEQ)’s overhaul of NEPA…

Sunoco Pipeline LP is challenging a recent directive from state regulators to suspend work on a horizontal directional drill (HDD) in Chester County, PA, needed to complete parts of its embattled Mariner East pipeline system. A prolonged construction stoppage at the site in West Whiteland Township, dubbed HDD 360, creates “a significant risk of adverse…

Natural gas futures jumped as much as 10 cents to start the week, supported by a steep drop in production ahead of two tropical systems moving through the Gulf of Mexico (GOM). The September Nymex gas futures contract surged to a $2.554 intraday high before settling Monday at $2.513, up 6.5 cents from Friday’s close.…