Infrastructure

Hydrogen Bidding to Gain Hold in Power Sector, with Natural Gas as Enabler

Hydrogen Bidding to Gain Hold in Power Sector, with Natural Gas as Enabler

In a post-coal, carbon-neutral world, hydrogen and renewable energy resources can lead the way in the transition from fossil fuels, a panel of experts said recently in a webinar hosted by the California Hydrogen Business Council. Supporting the vision of a “fiscally sustainable” future for hydrogen, executives during the webinar offered insights from the perspective…

July 27, 2020
Q&A with José Francisco Pastrana on Mexico’s Natural Gas Market Development

Q&A with José Francisco Pastrana on Mexico’s Natural Gas Market Development

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 35th Q&A in the series is with José Francisco Pastrana, General Director of the Port of Tuxpan…

July 24, 2020
U.S. Drops Three Natural Gas Rigs; Oil Count Posts First Gain in Months

U.S. Drops Three Natural Gas Rigs; Oil Count Posts First Gain in Months

The U.S. natural gas rig count fell three units to finish at 68 for the week ending Friday (July 24), while the oil patch saw its first weekly net increase since mid-March, according to the latest data from Baker Hughes Co. (BKR). The continued retrenchment in gas-directed drilling dropped the overall U.S. rig count two…

July 24, 2020
Duke Ramps 560 MW Natural Gas-Fired Project to Serve Carolina Customers

Duke Ramps 560 MW Natural Gas-Fired Project to Serve Carolina Customers

Duke Energy Progress, a Duke Energy Corp. subsidiary, said its natural gas-fired Asheville Combined Cycle Station in Arden, NC, is online and producing 560 MW for customers across the Carolinas.  The $817 million natural gas station consists of two 280 MW power blocks, four generators and more than 18,000 components. The first power block became…

July 24, 2020
Natural Gas Forwards Slide Shows Sweltering Heat No Match for Weak Export Demand, Covid-19

Natural Gas Forwards Slide Shows Sweltering Heat No Match for Weak Export Demand, Covid-19

In an ominous sign of what may evolve to the end of the year, scorching heat across most of the country failed to spark a rally in natural gas forward prices for the July 16-22 period, according to NGI’s Forward Look. Instead, persistently weak global exports and continued uncertainty over the level of economic recovery…

July 23, 2020
New Fortress Rejects FERC Claim Puerto Rico LNG Terminal Unauthorized

New Fortress Rejects FERC Claim Puerto Rico LNG Terminal Unauthorized

New Fortress Energy LLC has asked FERC to end proceedings about whether a liquefied natural gas (LNG) import terminal in Puerto Rico was brought online without federal approval, while a key end-user does not want it shut down. NFE said the facility is not subject to Federal Energy Regulatory Commission jurisdiction under the Natural Gas…

July 23, 2020
Gas-Fired Peaking Generation No Longer Favored in California

Gas-Fired Peaking Generation No Longer Favored in California

The number of natural gas-fired peaking plants in California has increased sharply, to 79 from 24, in the first 15 years of this century, though none have been opened in recent years as the state increasingly moves to phase out fossil fuels to facilitate decarbonization. That trend is a reflection of one of the key…

July 23, 2020
Halliburton Partnering with Microsoft, Accenture to Build Cloud-based Digital Platforms

Halliburton Partnering with Microsoft, Accenture to Build Cloud-based Digital Platforms

Halliburton Co., considered the No. 2 oilfield services (OFS) operators in the world, has clinched a five-year strategic agreement with Microsoft Corp. and Accenture to improve digital capabilities.  Through the agreement, Halliburton would be able to finalize its transition to cloud-based digital platforms. The Houston-based operator is also expanding its customer offerings through enhancing real-time platforms…

July 23, 2020
Kinder Morgan Progressing Key Natural Gas, Export Projects

Kinder Morgan Progressing Key Natural Gas, Export Projects

The double whammy of Covid-19 and an oil market downturn resulted in stinging declines on the Kinder Morgan Inc. (KMI) pipeline network, but the midstream giant reported a fair share of green shoots during a second quarter earnings call. Houston-based KMI on Wednesday reported higher natural gas transport volumes year/year and said nearly all of…

July 23, 2020
U.S. Midstream Answers to Regulatory, Legal Challenges in Focus as 2Q Results Unfold

U.S. Midstream Answers to Regulatory, Legal Challenges in Focus as 2Q Results Unfold

The recent legal and regulatory setbacks for a handful of U.S. pipeline companies, as well as the uncertain outlook in oil and natural gas demand from Covid-19, may come more sharply into view as midstream second quarter earnings are unveiled. “Earnings season is about much more than the quarterly results, and this go-round will be…

July 22, 2020