The Energy Information Administration (EIA) reported a weekly storage injection that came in lower than most estimates and the five-year average, giving further momentum to a natural gas futures market already higher overnight on hotter weather trends.
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Mexico’s CRE New Daily Reporting Rules for Natural Gas Marketers Take Effect in Late March
Traders in Mexico’s natural gas market have until the last week of March to comply with new daily reporting requirements that energy regulators implemented earlier this month.
Sener Revising Proposed Coordination Rules for Mexico’s NatGas, Power Markets
The Mexican government is rethinking harmonization rules it has proposed for the natural gas and power markets, following feedback from the energy industry.
Energy Transfer: Comanche Trail, Trans-Pecos Officially In Service
Energy Transfer Partners LP (ETP) said Wednesday that the Trans-Pecos and Comanche Trail pipelines, as well as the Trans-Pecos Pipeline WAHA Header are officially in service. The West Texas pipelines carry natural gas to the Mexico border.
BP’s Super Seismic Imaging Detects Considerably More Oil, NatGas Resource in Deepwater Atlantis Field
A major breakthrough in seismic imaging by BP plc has identified more than 200 million bbl of additional oil and gas resources at its Atlantis field in the deepwater Gulf of Mexico.
North American E&P, OFS Likely to Show Strength in 1Q2017
Winter is over for the long-distressed energy sector in North America, with upstream operators and service companies likely to have more spring in their steps as they offer up first quarter results.
Zinke, Perry Nominations Approved by Senate Energy Committee
While Senate Democrats boycotted votes for some of President Trump’s other cabinet picks, his nominees to lead the Department of Energy (DOE) and Interior (DOI) sailed through the Senate Committee on Energy and Natural Resources on Tuesday with bipartisan support.
Concho Bolts On More Permian Opportunities in New Mexico
Concho Resources Inc. is showing more love to the Permian Basin in southeastern New Mexico, a bit of a wallflower compared to its West Texas sister, after agreeing Monday to bolt on 16,400 net acres for $430 million.
Storage, Weather Keep NatGas Forwards Bears in Control
There are two ways to look at the most recent natural gas storage report.
California Summer Electricity Supplies Adequate Despite Gas Storage Outage, CAISO Says
California’s electric grid operator said on Wednesday that summer power supplies should be adequate even after the closure of the state’s largest natural gas storage facility in Southern California.