July natural gas futures snapped a two-day losing streak on Wednesday, jumping 6.4 cents to settle at $2.964 as weather models showed intensifying heat for the end of June and early July. Spot gas prices were mixed amid a break in the heat for several key demand regions, although increasing heat and pipeline constraints in other regions lifted prices substantially there. The NGI National Spot Gas Average rose 4 cents to $2.68.
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July Natural Gas Prices Fall a Second Day as Cooler Weather Trends Hold
July natural gas prices fell for a second straight day Tuesday, sliding 5.1 cents to $2.90 as the latest weather outlooks held cooler trends for early next week, but then flipped to hotter trends for late in the week and into early July.
Mexico Expecting 9.2 GW of New Natural Gas-Fired Plants in Next Four Years
Mexican combined-cycle gas turbine (CCGT) projects in the queue will add 2.3 GW of generation capacity this year and 3.6 GW in 2019, according to projections by the Energy Ministry (Sener).
Long Term Reform of Mexico Energy Sector ‘Extraordinary,’ Despite Election Uncertainty
Mexico’s historic energy reform launched four years ago may hit a few bumps if, as expected, left-wing presidential candidate Andres Manuel Lopez Obrador is elected on July 1, but there’s no turning back now, experts said last week.
Will Mexican Presidential Candidate Lopez Obrador Sing the Golden Oldies of Pemex’s Past?
Petroleos Mexicanos, the state oil company, is seen by most Mexicans as a blessing but at times a curse to the nation — a proud symbol of identity, but also of mismanagement, impunity and corruption.
So Long, $3 Gas. Nymex July Futures Tumble 7 Cents on Cooler Outlooks
July natural gas prices retreated Monday as returning production and slightly cooler weather outlooks for the end of June and early July weighed heavily on the market.
Construction Begins on Valley Crossing Tex-Mex Natural Gas Pipeline Project
Valley Crossing Pipeline LLC has begun building the Border Crossing Project, the Houston-based Enbridge Inc. subsidiary said in a filing at the Federal Energy Regulatory Commission.
July Natural Gas Surpasses $3 as Weather Models Point to Increased Heat
July natural gas was uncharacteristically active Friday as traders eyed increasingly hotter trends in the latest weather forecasts and the potential hotter temperatures may have on already below-normal storage inventories. The Nymex July gas futures contract settled 5.7 cents higher at $3.022.
July Natural Gas Flat Despite Surprising Bearish Storage Miss; Spot Gas Mixed
July natural gas prices were on somewhat of a “rollercoaster ride” Thursday after a surprising storage miss and hotter weather trends for later this month showed up in weather data. The Nymex July contract settled at $2.965, up two-tenths of a cent on the day. Spot gas prices were mixed as spring pipeline maintenance remained in effect, leading to swings for some pricing hubs. The NGI National Spot Gas Average slipped 3 cents to $2.60.
Mexico Energy Sector Facing Uncertainty from Election, but Long Term Reform is ‘Extraordinary’
Mexico’s historic energy reform launched four years ago may hit a few bumps if, as expected, left-wing presidential candidate Andres Manuel Lopez Obrador is elected on July 1, but there’s no turning back now, experts said last week.