Pipelines

TC Energy Corp. expects North American natural gas demand to grow 25% by 2030, a top pipeline executive told investors earlier this month. Demand would mainly be driven by coal-to-gas switching in the power sector and global demand for liquefied natural gas (LNG), TC’s Tracy Robinson, president of the Canada natural gas pipelines unit, said…

Dallas-based Energy Transfer LP owns and operates another 14,000 miles of natural gas and oil pipeline in Arkansas, Louisiana, Oklahoma and Texas after completing its merger earlier this month with Enable Midstream Partners LP. The $7.2 billion tie-up, first announced in February, strengthens the midstream and gas transportation systems in the Anadarko Basin in Oklahoma,…

The Pennsylvania Public Utilities Commission (PUC) has approved a nearly $2 million settlement tied to an affiliate of Energy Transfer LP’s natural gas pipeline failure and fire in 2018. PUC said the 3-0 vote resolves an investigation by the Bureau of Investigation and Enforcement (I&E) conducted following the event on the affiliate Energy Transfer Co.…

Weekly natural gas cash prices gained ground amid snow and freezing conditions that originated in the West and traveled across the northern half of the country, generating robust heating demand. NGI’s Weekly Spot Gas National Avg. for the Nov. 15-19 period climbed 18.5 cents to $4.875 A chilly weather system tracked out of the Mountain…

Natural gas forward prices recorded a third straight week in the red as weather models continued to show variability in the forecasts, rather than sustained cold. Liquefied natural gas (LNG) demand, meanwhile, neared all-time highs as production fluctuated but stood well off summer lows. All the gyrations in the supply/demand balance left the December forward…

Natural gas futures careened on Wednesday amid profit-taking and expectations for a relatively plump storage increase for mid-November. The December Nymex contract dropped 36.1 cents day/day and settled at $4.816/MMBtu. January fell 35.6 cents to $4.914. NGI’s Spot Gas National Avg. shed 18.5 cents to $4.845. The prompt month had advanced more than 38 cents…

A recent open season for short-term natural gas capacity on the Alliance Pipeline was “nearly three times oversubscribed,” and the system is now fully contracted for 2022, according to Pembina Pipeline Corp. CEO Michael Dilger discussed third quarter results during a recent earnings conference call and offered some insight into 2022 expectations.  Alliance over the…

Natural gas futures teetered between gains and losses much of Monday as traders contrasted rising production and mild fall weather forecasts against strong demand for U.S. exports of liquefied natural gas (LNG). The December Nymex contract, however, ultimately settled at $5.427/MMBtu, down 8.9 cents day/day amid domestic demand weakness. January fell 12.1 cents to $5.505.…

While promising to work toward “lower-carbon solutions,” Enbridge Inc. reported Friday that its mainstay North American oil and gas pipeline network stayed profitable and essential during the third quarter. In fact, the Calgary-based pipeline, utility and power giant grew during the period. Current fossil fuel demand and price increases “underscore the criticality of affordable, reliable…