Daily GPI

EQT Corp. has expanded an agreement to ultimately give it 2 million metric tons/year (mmty) of natural gas liquefaction capacity at Glenfarne Energy Transition LLC’s proposed export plant in Brownsville, TX. EQT, the largest U.S. natural gas producer, has signed another heads of agreement with Glenfarne for 1.5 mmty of tolling capacity at Texas LNG…

Nearly seven years after receiving federal certification to build its 303-mile, 2 million Dth/d natural gas conduit, Mountain Valley Pipeline LLC (MVP) has requested FERC authorization to place the project into service. MVP in a written request filed by its legal counsel Monday asked the Federal Energy Regulatory Commission to approve its in-service request by…

In a natural gas market where abundant supplies and a lack of demand have depressed prices, the scarcity of pipeline capacity has added to the complexity for buyers who must ensure daily deliverability to customers, a panel of executives said recently. “When you talk about supply and demand in pricing, I have been in the…

The timing for the next leg of growth in North America remains uncertain, but there’s “no question” that natural gas output will drive the market into 2025 and beyond because of LNG exports and rising electricity demand, Halliburton Co. CEO Jeff Miller said. Speaking to analysts during the first quarter conference call, Miller was asked…

The U.S. Maritime Administration (MARAD) has ordered Delfin LNG LLC to submit an updated application to build and operate its proposed export project in the Gulf of Mexico. Seven years after the agency granted Delfin a record of decision (ROD) for the more than 13 million metric tons/year (mmty) capacity project offshore Louisiana, MARAD staff…

Creating credible, transparent emissions profiles to differentiate natural gas supply has come a long way from the “responsibly sourced” days, as decarbonization as a service, or DaaS, moves beyond a nice-to-have for operators to a must-have to gain customers, according to experts. Natural gas heavies EQT Corp. and Williams have been at the forefront of…

PJM Interconnection, the largest U.S. regional transmission organization (RTO), recorded all-time lows for various greenhouse gas emissions last year while natural gas-fired generation continued to grow as the Mid-Atlantic region’s primary power source.  PJM, the RTO managing the electric grid for 13 Mid-Atlantic states and Washington, DC, said carbon dioxide (CO2) emissions in 2023 tumbled…

With the market continuing to balance near-term oversupply against longer term bullishness, natural gas futures moved slightly lower at the front of the curve in early trading Tuesday. The May Nymex contract was down 1.7 cents to $1.774/MMBtu at around 8:45 a.m. ET. June was off 1.7 cents to $2.048. A recently updated outlook from…

Natural gas futures resumed their climb on Monday, buoyed by a recovery in Gulf Coast LNG feed gas demand above 12 Bcf/d and Lower 48 gas production staying subdued. A jump in Henry Hub cash prices also added support. At A Glance: NGI estimates 86 Bcf injection Freeport restarts LNG exports Production at 98.2 Bcf/d …