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Privately held Northeast Natural Energy (NNE) plans to have natural gas production across its entire operating area in West Virginia environmentally certified by two companies. Certification would be based on separate standards developed by Equitable Origin (EO) and MiQ to validate it is producing what the industry has coined as “responsibly” sourced gas production. If…

Sparing Energy Transfer LP’s Dakota Access Pipeline (DAPL) from further regulatory headaches, the U.S. Army Corps of Engineers has reportedly decided not to take action to enforce the crude oil line’s vacated easement to cross under Lake Oahe. DAPL’s crossing of the large reservoir, behind the Oahe Dam on the Missouri River that begins in…

As traders and analysts considered the implications of another smaller than expected withdrawal from the latest government inventory data, natural gas futures hovered close to even in early trading Friday. The April Nymex contract was off 0.4 cents to $2.477/MMBtu at around 8:50 a.m. ET. The U.S. Energy Information Administration (EIA) on Thursday reported a…

BREAKING: U.S. EIA reports a paltry withdrawal of 98 Bcf from natural gas storage for the week ended Feb. 26 Diminished near-term weather demand dragged spot gas prices lower across parts of the Lower 48 Wednesday Natural gas futures failed to find footing on Wednesday, seesawing between small gains and losses throughout the session before…

U.S. annual natural gas production in 2020 declined 1% year/year and averaged 111.2 billion Bcf/d, a reflection in part of the pullback in drilling activity following the demand destruction and downward pressure on prices caused by the coronavirus pandemic. In releasing its latest 2020 estimate, measured by gross withdrawals, the U.S. Energy Administration (EIA) also…

A decidedly mild temperature outlook for the first half of March sent natural gas futures grinding lower in early trading Friday. The April Nymex contract was down 3.6 cents to $2.741/MMBtu at around 8:50 a.m. ET.  Now that the market has had a chance to digest the 300-plus Bcf weekly withdrawal reported in the latest…

* Please see the amendment in blue font below to the original Notice of Proposed Change to NGI’s Bidweek Survey, which was posted Feb. 1. Dear NGI Subscribers, Price Reporters and Market Participants, In response to a public request for comment published by S&P Global Platts, Natural Gas Intelligence (NGI) is requesting feedback on whether…

The Low-Carbon Resources Initiative (LCRI), a collaborative project from the Electric Power Research Institute Inc. (EPRI) and Gas Technology Institute (GTI), added its 33rd sponsor, achieving and exceeding its $100 million effort to develop alternatives to natural gas.  Utility holding company based in Minneapolis, Minnesota and newest member, Xcel Energy joined the efforts of the…

Unfazed by the tumultuous weather pattern circulating throughout much of the United States for the next week or so, natural gas futures closed Thursday with a whimper. A big bearish miss on the latest storage data sealed March Nymex futures’ fate early in the session, with the contract ultimately slipping 4.3 cents to $2.868/MMBtu. April…