Infrastructure

Texas LNG Secures Feed Gas Agreement to Expand Valley Crossing Pipeline

Texas LNG Secures Feed Gas Agreement to Expand Valley Crossing Pipeline

The 4 million metric tons/year Texas liquefied natural gas (LNG) project under development in South Texas announced a deal with Enbridge Inc. on Tuesday to expand the Valley Crossing Pipeline to feed the proposed export terminal.  Texas LNG, a subsidiary of energy infrastructure development firm Glenfarne Group LLC, said it signed a precedent agreement to…

January 18, 2022
Freeport LNG Reports Outage Impacting Feed Gas Demand

Freeport LNG Reports Outage Impacting Feed Gas Demand

Feed gas demand was disrupted at the Freeport liquefied natural gas (LNG) terminal in Texas last week after the facility reported an outage to state regulators. The LNG terminal east of Houston, on Quintana Island near Freeport, experienced an outage at the Train 1 liquefaction unit last week. The outage led to a cooldown and…

January 18, 2022
Column: Mexico’s Electricity Reform Would Lead to More, Not Less, Reliance on NatGas Imports

Column: Mexico’s Electricity Reform Would Lead to More, Not Less, Reliance on NatGas Imports

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The year 2022 is littered with risk for economic activity in Mexico. The persistence of an inflationary environment, the expectation of meager…

January 14, 2022
Senate Votes Against Nord Stream 2 Sanctions as Political Tensions and European Prices Continue to Rise

Senate Votes Against Nord Stream 2 Sanctions as Political Tensions and European Prices Continue to Rise

Russian aggression toward Ukraine continued to stress European alliances and global natural gas prices Friday following the defeat of sanctions for the 5.3 Bcf/d Nord Stream 2 (NS2) pipeline in the Senate. The sanctions – brought by Sen. Ted Cruz (R-Texas) Thursday night as part of a deal with Sen. Majority Leader Chuck Schumer (D-New…

January 14, 2022
Harvest Midstream Expanding Eagle Ford Oil Services with Arrowhead Acquisition

Harvest Midstream Expanding Eagle Ford Oil Services with Arrowhead Acquisition

Harvest Midstream is poised to take full ownership of some South Texas crude oil transportation and logistics assets as it seeks to expand services for upstream and downstream customers in the Eagle Ford Shale. The privately held midstream company announced a purchase and sale agreement to acquire the remaining 75% stake in Arrowhead ST Holdings…

January 14, 2022
Triple-Digit Storage Withdrawal Fails to Impress Natural Gas Futures Traders

Triple-Digit Storage Withdrawal Fails to Impress Natural Gas Futures Traders

The U.S. Energy Information Administration (EIA) reported a pull of 179 Bcf natural gas from storage for the week ended Jan. 7, the largest so far this winter and in line with expectations. Nymex natural gas futures, already down in morning trading following a four-day rally, held deep in the red after the print. Ahead…

January 13, 2022
California Blueprint Looking to Forge ‘Oil-Free Future,’ Lead Nation in Climate Change Fight

California Blueprint Looking to Forge ‘Oil-Free Future,’ Lead Nation in Climate Change Fight

California Gov. Gavin Newsom unveiled his proposed 2022-2023 budget proposal to continue confronting the state’s “greatest existential threats” – the pandemic and climate change – while bolstering economic growth. Specifically for energy, Newsom’s ambition under his California Blueprint is to create “an oil-free future” for California by reducing the state’s reliance on fossil fuels while…

January 12, 2022
Natural Gas Prices to Decline Through 2023 as Production, Exports to Rise, EIA Says

Natural Gas Prices to Decline Through 2023 as Production, Exports to Rise, EIA Says

In updated forecasting stretching to 2023, the Energy Information Administration (EIA) on Tuesday laid out a vision of rising natural gas production and exports alongside moderating U.S. prices. Natural gas spot prices at Henry Hub averaged $3.91/MMBtu for 2021, the agency said in its latest Short-Term Energy Outlook (STEO). This year and next should bring…

January 11, 2022
Constitutional Reform Unlikely in 2022, but Mexico Energy Sector Risk Still High, Analysts Say

Constitutional Reform Unlikely in 2022, but Mexico Energy Sector Risk Still High, Analysts Say

For this upcoming year, Mexico President Andrés Manuel López Obrador’s proposed constitutional energy reform – whether it gets enough votes to pass or not – will set the tone of his political agenda, according to analysts and experts in the field.

January 10, 2022
Enterprise Opens Door to Permian Midland with $3.25B Navitas Takeover

Enterprise Opens Door to Permian Midland with $3.25B Navitas Takeover

Houston’s Enterprise Products Partners LP has agreed to acquire Navitas Midstream Partners LLC for $3.25 billion, giving the giant partnership an entry point in the Permian Basin of West Texas and an additional 1 Bcf/d of natural gas processing capacity. The agreement to acquire Navitas, headquartered north of Houston in The Woodlands, could be completed…

January 10, 2022
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