Infrastructure

TC Energy Corp. management hopes to quickly resolve a dispute over ballooning costs related to the Coastal GasLink pipeline connecting gas supply in Alberta to the huge liquefied natural gas (LNG) project underway in British Columbia (BC).  In its second quarter earnings report released last week, the Canadian midstream giant said it was in disagreement…

Enbridge Inc. has assured shareholders that it would stay strong by adapting to the energy transition even as the Canadian midstream giant faces ongoing opposition from fossil fuel foes over its projects. “We believe that in all practical scenarios our assets will remain critical to supporting long-term energy demand,” said Enbridge President Al Monaco as…

With the hottest week of the summer just around the corner, natural gas futures rebounded early Monday. The September Nymex gas futures contract was flirting with the $4.000/MMBtu mark again, trading 6.3 cents higher at $3.977 at around 8:45 a.m. ET. Long-range outlooks showed stronger ridging in the eastern United States next week, giving a…

“A change to the constitution is something everybody is thinking about but the road ahead looks a bit more complicated given the results of midterm elections,” David Crisostomo, associate director at IHS Markit and seasoned Mexico energy industry expert, told NGI’s Mexico Gas Price Index.  “The results of the midterm elections show that the room…

Cabot Oil & Gas Corp. and Southwestern Energy Co. were the latest Appalachian operators to report weak price realizations in the second quarter, when pipeline constraints widened basis differentials in the Northeast. U.S. benchmark prices climbed during the period and have continued to move higher since, creating an even bigger gap with local prices in…

Electrification alone will be insufficient to decarbonize the energy sector, said speakers at the LDC Gas Forums Northeast event in late July. Enbridge Inc.’s Steve Elliott, director of business development, told the Boston conference that about 80% of the world’s energy is currently consumed as a molecule, with the remaining 20% consumed as an electron.…

Tellurian Inc. on Thursday said it has secured enough offtake to support the first phase of its proposed Driftwood liquefied natural gas (LNG) export project in Louisiana after signing a deal with Royal Dutch Shell plc to supply 3 million metric tons/year (mmty).  The project hasn’t been sanctioned yet, but the sale and purchase agreement…

North America’s largest natural gas transporters and distributors are advancing projects to produce clean hydrogen and blend it into their mix to help achieve decarbonization goals. Managers from industry heavyweights including Enbridge Inc. and Williams gave updates on their progress at the LDC Gas Forums Northeast event this month in Boston. Although hydrogen offers “great…

The global oil and natural gas industry is focused on developing hydrogen, but California operators are finding the changeover may require negotiating a winding, rocky road as Gov. Gavin Newsom wants to move the carbon neutrality target to 2035 from 2045. The California Public Utilities Commission (CPUC) recently rejected a joint application by Sempra’s Southern…