Columbia Gas Transmission LLC (TCO) and Transcontinental Gas Pipe Line Co. LLC (Transco) have received tentative approval from FERC for proposed natural gas pipeline expansions in southeastern Virginia. In the final environmental impact statement (EIS), the Federal Energy Regulatory Commission said the two projects have potential adverse environmental impacts. However, none of them are considered…
Transco
Articles from Transco
Natural Gas Fundamentals ‘Better Than Ever’ as Decarbonization Driving Demand Growth, Says Williams CEO
Efforts to electrify and decarbonize the U.S. economy bode well for the natural gas infrastructure business, according to Williams Companies Inc. CEO Alan Armstrong. “The fundamentals, right now, are better than they have ever been for gas,” Armstrong said during the Barclays CEO Energy-Power Conference in New York. He cited that since 2014, government forecasts…
Transco Partnering with Duke to Monitor Natural Gas Methane Emissions in North Carolina
Transcontinental Gas Pipe Line Co., the nation’s largest natural gas interstate pipeline system, is partnering with Duke Energy Corp. on a methane monitoring project in North Carolina with about $1 million in funding from the U.S. Department of Energy. Duke’s Methane Monitoring Platform Extension project would expand on the company’s established monitoring system to work…
Williams’ Marketing Unit Seizes on Natural Gas Price Volatility, with Eye on LNG Opportunities
Williams capitalized on heightened natural gas price volatility and recorded all-time high gathering volumes during the first quarter, countering the unfavorable impacts of a harsh winter on its gathering system in the West. Management credited the success of marketing arm Sequent Energy Management LP, purchased in 2021, in optimizing the assets in its base business.…
New England Natural Gas Surges as Wind Chill Could Plunge 100 Degrees Below Zero; Futures Lose a Penny
Natural gas futures slipped further into the red on Thursday despite the potential for cold weather to return to the Lower 48 within the next couple of weeks. With mixed messages in the latest storage data, and Freeport LNG not yet back online, the March Nymex gas futures contract settled at $2.456/MMBtu, down 1.2 cents…
Transco’s Appalachian Natural Gas Expansion Facing Early Opposition
FERC has issued a certificate to the Transcontinental Gas Pipe Line Co. LLC (Transco) Regional Energy Access Expansion Project (REAE), but environmental groups are planning to oppose it. The project would expand natural gas capacity from the shale fields of Northeast Pennsylvania to other delivery points in the state, along with those in New Jersey…
Natural Gas Futures Extend Rally as Wintry Weather Nears; Spot Prices Surge
Natural gas futures flew higher on Monday, bolstered by forecasts for substantially colder weather and stronger heating demand. The December Nymex contract gained 54.4 cents day/day to settle at $6.944/MMBtu, adding to a 42.5 cent rally in Friday’s session. January climbed 49.0 cents to $7.244. At A Glance: Forecasts add ‘hefty’ dose of demand Potential…
Natural Gas Forwards, Futures Prices Tumble Lower, But Too Early to ‘Write Off Winter’
Buckling under the weight of one triple-digit shoulder season storage injection after another, natural gas forwards sold off sharply during the Oct. 13-19 trading period, NGI’s Forward Look data show. Regional forwards price action from coast to coast reflected a market reconsidering the extent of winter upside risks in light of a rapidly shrinking inventory…
As Market Watches for Signs of Summer Heat, Natural Gas Forwards Retreat
Having entered the summer cooling season at sharply elevated price levels, natural gas forwards pulled back during the May 25-June 1 trading period as the market continued to try to price in risks posed by lagging domestic inventories, according to NGI’s Forward Look. Fixed price declines of around 25-45 cents for July delivery were the…
Natural Gas Futures Start Week with Big Rally After Volatile Session; Cash Strengthens
Big fluctuations continued along the Nymex natural gas futures curve early Monday as traders wrestled with hotter shifts in the latest weather models and a step up in production. The September contract, which rolls off the board later this week, settled at $3.945, up 9.4 cents on the day. October also picked up 9.4 cents…