NGL

In the aftermath of the rejection of major energy projects, Washington stakeholders are trying to determine what the future holds for oil and natural gas in the Pacific Northwest. Two years ago, Washington’s Clean Energy Transformation Act (CETA) mandated carbon-free electricity by 2045. The use of natural gas was mandated until 2045 for up to…

Demand for ethane as a feedstock for petrochemical manufacturing is rebounding along with the global economy. Expanded capacity and tanker fleets are helping to meet that demand, fueling record export levels, according to the U.S. Energy Information Administration (EIA). Ethane is separated from natural gas at processing plants along with other natural gas liquids (NGL)…

Natural gas use is set to grow in Ontario with boosts from both the provincial government and industrial demand. The government recently announced it would allocate more than C$234 million ($191 million) to add 43 rural, northern and native communities to the distribution network in Canada’s most populated province. It authorized 28 projects to connect…

U.S. oil producers overall have been reluctant to ramp up output even as crude prices climb and demand rebounds. They have focused on generating cash flow and exercised patience as the economy recovers from the pandemic. But shortages of supplies needed for drilling and resulting inflation amid coronavirus fallout could extend the trend and keep…

The collapse in global exploration and production (E&P) spending last year ranked among the worst downturns in history, but 2021 is the beginning of a multi-year recovery that will accelerate into 2022 and beyond, according to Evercore ISI. The firm’s Global E&P Mid-Year Spending Outlook indicates U.S. producers remain a bit cautious regarding their capital…

The chief executive of the pipeline operator that was temporarily crippled by a ransomware attack last month apologized to Americans. During testimony before a Senate panel on Tuesday, he acknowledged that Colonial Pipeline was susceptible to hackers and that it is still grappling with challenges caused by the infiltration. “We are deeply sorry for the…

Dallas-based EnLink Midstream LLC has increased its earnings guidance for 2021 amid strengthening natural gas and oil prices, with an eye on expanding operations and lowering carbon emissions. “We are pursuing exciting growth opportunities in the Permian and Louisiana, as well as experiencing improved activity in Oklahoma and North Texas,” CEO Barry E. Davis said.…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Mexico Senior Editor Christopher Lenton interviews Lourdes Melgar of the Rice University’s Baker Institute for Public Policy and MIT about the upcoming midterm elections in Mexico and the impact they could have on the natural gas market. The…

Since early March, nine oil and natural gas producers, utilities and pipeline and storage operators have joined a coalition that pledges to reduce collective methane emissions to 1% or lower. Our Nation’s Energy Future (ONE Future), with members in the upstream, midstream and downstream sectors, now numbers 45. As members, each company would report methane…