Updated Aug 22, 2024
8/22/24
Natural gas export capacity could explode within months on the Gulf Coast and in Western Canada, a signal for operators to begin ramping up activity. Still, storage is continuing to rise, and weather demand has remained tepid. What does it mean for prices? NGI’s experts have a few answers.
By Carolyn Davis on
Houston-based CenterPoint Energy Inc., which has faced a barrage of criticism since Hurricane Beryl stormed ashore in early July, said it would cooperate with the investigations underway by Texas officials.
By Jodi Shafto on
Permian Basin pure-play Kinetik Holdings Inc. revised its 2024 guidance after seizing opportunities in New Mexico and the Delaware sub-basin in the second quarter, and increasing processing volumes despite challenges from anemic natural gas prices at the Waha hub.
By Jacob Dick on
After some delays and mixed signals from its vessel, New Fortress Energy Inc. (NFE) has confirmed the first shipment of U.S. natural gas liquefied in Mexico has been loaded and is on the water.
By Andrew Baker on
Coterra Energy Inc. is planning to curtail about 275 MMcf/d of Marcellus Shale natural gas volumes from August through September because of expected low netbacks, according to management.
By Christopher Lenton on
Emilia Esther Calleja, an electrical engineer with over two decades of experience at the state utility, will be the new CEO of Mexico’s Comisión Federal de Electricidad (CFE.)
By Carolyn Davis on
Pembina Pipeline Corp. is working to complete contracts this year for the remaining natural gas capacity for the Cedar LNG Partners LP export project in British Columbia, a top executive said last week.
By Therese Robinson on
While U.S. LNG supply is poised to skyrocket by the end of the decade, little new export capacity will come online this year, and additional volumes are expected to climb slowly through next year and into 2026 as projects work through various setbacks.
By Andrew Baker on
Devon Energy Corp. expects its Permian Basin natural gas production to increase along with its exposure to premium Gulf Coast pricing once the Matterhorn Express and Blackcomb pipelines enter service, according to management.
By Andrew Baker on
Energy Transfer LP is expecting to make a final investment decision (FID) within months on the proposed 1.5-2.0 Bcf/d Warrior Natural Gas pipeline to move supply from the Permian Basin.
By Jamison Cocklin on
European natural gas prices declined on Monday, ending a charge higher last week that left the Title Transfer Facility (TTF) to close at its highest level since December.
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