Maintenance, Unplanned Outages at U.S. Export Plants Cut Into Global Supply – LNG Recap
Global natural gas prices oscillated on Monday as the market reacted to supply outages in the United States and Europe.
Global natural gas prices oscillated on Monday as the market reacted to supply outages in the United States and Europe.
Kinder Morgan Inc.’s (KMI) Texas-Louisiana Expansion project, aimed at bringing additional natural gas supply to the Gulf Coast, is now fully subscribed after two LNG exporters signed on as customers.
Appalachian Basin pure play Range Resources Corp. is targeting flat production growth in 2024 with a focus on natural gas liquids (NGL) to offset weak natural gas pricing, management said Thursday.
A roundup of news and commentary from NGI’s LNG Insight
Texas achieved record natural gas and oil production in 2023 despite lower prices for both commodities, falling rig counts, and fewer drilling permits issued versus 2022, said the Texas Alliance of Energy Producers.
The Biden administration’s temporary pause on new federal export authorizations for LNG projects, if not reversed, could be a “devastating blow” to the Texas energy industry, according to the Texas Oil and Gas Association (TXOGA).
Natural gas futures sank below $3.000/MMBtu on Tuesday as markets looked past the immediate brutal cold to an expected warm-up in temperatures next week as indicated by increased confidence in weather models.
Mexico’s natural gas system is standing firm amid bitingly cold weather in Texas that brought back memories of the 2021 winter storm that deeply impacted cross-border flows.
Privately held Ellipsis U.S. Onshore Holdings LLC said it has acquired upstream assets across multiple Lower 48 basins with current production of more than 6,000 boe/d.
Natural gas producer TG Natural Resources LLC (TGNR) has entered a deal to acquire fellow Haynesville Shale heavyweight Rockcliff Energy II LLC for $2.7 billion.