Natural Gas News

he new Sky Global Power One power plant west of Houston in Rock Island uses new technology from General Electric that stacks together natural gas-fired generation sets. The project includes six of GE's "J920

Fight to stop gas-powered generation plant may be futile

The Middletown Press



“ISO-New England estimates that some 7,000 megawatts of electricity from higher-polluting coal- and oil-fired plants will be retired in the near future – creating a need for [NTE’s] cleaner, more efficient power,” Eves said. “To halt the

February 2, 2020 - 9:11 pm
Altus Midstream first to implement new Honeywell UOP technology

Altus Midstream first to implement new Honeywell UOP technology

Hydrocarbon Engineering



Oil & Gas Publishers Note: We are seeing that investors are demanding returns in months rather than years. The proper use of technology in the Energy, Oil and Gas, Renewable markets is critical in lowering CapEx.

Altus Midstream first to implement new Honeywell UOP technology - oilandgas360Honeywell

February 1, 2020 - 7:18 am
Source: Houston Chronicle

Judge dismisses Cheniere lawsuit against former CEO Charif Souki and Tellurian

Houston Chronicle


A lawsuit between rival liquefied natural gas companies Cheniere Energy and Tellurian has been dismissed just days before jury selection was set to begin.

State district court Judge Fredericka Phillips in Houston signed an order Thursday dismissing Cheniere’s …

January 31, 2020 - 2:30 pm
Source: Reuters

Prospects advance for Canada’s oil pipelines, but hurdles remain

Reuters


WINNIPEG, Manitoba – Prospects for expanding pipelines to move Canadian oil to markets have brightened, but plenty of hurdles remain for the Canadian sector, which has struggled for years with low prices and a glut in storage due to …

January 31, 2020 - 1:30 pm
Source: CNBC

Shell shares sink as full-year net profit tumbles 23% on lower oil and gas prices

CNBC


Oil giant Royal Dutch Shell reported a sharp fall in full-year net profit on Thursday, citing challenging macroeconomic conditions and lower oil and gas prices.

Net income attributable to shareholders on a current cost of supplies (CCS) basis and …

January 30, 2020 - 1:00 pm
Source: Houston Chronicle

Enterprise Products Partners closes year with record $4.6 billion profit

Houston Chronicle


Houston pipeline operator Enterprise Products Partners finished 2019 with a record $4.6 billion profit after shattering 28 company records.

In an early Thursday morning statement, Enterprise said it ended the year with a record $4.6 billion profit, a …

January 30, 2020 - 12:00 pm
Source: Reuters

Shell reins in share buybacks after profit halves

Reuters


LONDON – Royal Dutch Shell is reining in its vast $25 billion share buyback programme after lower oil and natural gas prices halved its profit in the last three months of 2019 and sent its shares to their lowest …

January 30, 2020 - 10:00 am
Weekly Gas Storage: Inventories decrease by 201 Bcf

Weekly Gas Storage: Inventories decrease by 201 Bcf

Natural Gas Inventories as of January 24, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 201 Bcf as of January 24, 2020.

Working gas in storage was 2,746 Bcf as of Friday, January …

January 30, 2020 - 9:30 am
EIA’s Annual Energy Outlook 2020 projects consumption growing more slowly than production

EIA’s Annual Energy Outlook 2020 projects consumption growing more slowly than production

EIA


The AEO2020 Reference case projects domestic energy demand to grow 0.3% per year on average through 2050, slower than the average annual growth of 1.9% in U.S. gross domestic product. This projection is largely driven by continued increases in

January 29, 2020 - 9:31 pm
Source: Houston Chronicle

Cheniere Energy’s 1,000th LNG cargo headed to France

Houston Chronicle


Houston liquefied natural gas company Cheniere Energy hit a milestone 1,000th export shipment of LNG — and the cargo is headed to France.

The Norwegian-flagged LNG tanker Hoegh Galleon left the company’s Corpus Christi LNG export terminal with …

January 28, 2020 - 2:30 pm
Source: Houston Chronicle

Halliburton wins offshore wells contract for Australian LNG project

Houston Chronicle


Houston oil-field service company Halliburton has landed a contract for offshore natural gas wells that will feed an LNG project in Northwest Australia.

In a statement released early Monday, Halliburton said it won drilling and completion services for …

January 28, 2020 - 12:00 pm
Source: Houston Chronicle

Opponents inch closer to filing lawsuit over Port of Brownsville LNG terminal

Houston Chronicle


Environmentalists and other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are one step closer to filing a federal lawsuit after losing one of their requests to have permits for the projects …

January 27, 2020 - 3:30 pm
Source: Houston Chronicle

Global LNG poised for terrible year as new supply floods market

Houston Chronicle


Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.

The startup of new export projects from Australia to the U.S. has flooded …

January 24, 2020 - 1:00 pm
U.S. rig count down 2 this week, at 794

U.S. rig count down 2 this week, at 794

This week’s Baker Hughes rig count shows that U.S. numbers decreased by 2, resulting in the total count increasing to 794 rigs. Canada had no change over last week, resulting in a total Canadian count of 244 rigs.

Breakdown by

January 24, 2020 - 12:10 pm
EIA expects U.S. net natural gas exports to almost double by 2021

EIA expects U.S. net natural gas exports to almost double by 2021

EIA


EIA forecasts these deliveries to account for an increasingly larger share through 2021 as new LNG facilities are placed in service and new pipelines in Mexico that connect to U.S. export pipelines begin operations.

 

EIA expects U.S. net natural gas exports to almost double by 2021 - oilandgas360

In its Short-Term Energy

January 23, 2020 - 8:56 pm
Source: Houston Chronicle

Enterprise starts up 2 new natural gas processing plants in Texas

Houston Chronicle


Houston pipeline operator Enterprise Products Partners has started operations at two new natural gas processing plants this week.

The company announced on Thursday morning that it had started its Bulldog cryogenic natural gas processing plant in the Haynesville …

January 23, 2020 - 1:00 pm
Source: Houston Chronicle

Exporting natural gas creates carbon footprint rivaling that of coal, data shows

Houston Chronicle


In May, while President Donald Trump toured a new $10 billion plant designed to prepare natural gas for export, he made a vow. Such facilities would be good for the environment, he said, or they won’t get approved.…

January 23, 2020 - 11:00 am
Weekly Gas Storage: Inventories decrease by 92 Bcf

Weekly Gas Storage: Inventories decrease by 92 Bcf

Natural Gas Inventories as of January 17, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 92 Bcf as of January 17, 2020.

Working gas in storage was 2,947 Bcf as of Friday, January …

January 23, 2020 - 10:10 am
Range Announces Early Results of Cash Tender Offers

Range Announces Early Results of Cash Tender Offers

Range Announces Early Results of Cash Tender Offers

January 23, 2020 - 8:59 am

Enterprise Begins Service at Natural Gas Processing Plant in East Texas

Enterprise Begins Service at Natural Gas Processing Plant in East Texas

January 23, 2020 - 7:30 am
EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA


By 2050, coal-fired generation comprises only 5% of the region’s generation mix.

EIA World net electricity by fuel, IEO 2019 Reference case - oilandgas360

According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019), global electric power generation from renewable sources will increase more than 20% throughout the …

January 22, 2020 - 1:32 pm
Source: Reuters/Dennis Owen

U.S. OKs Kinder Morgan request to start Texas Lockridge natgas pipe work

Reuters


The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday approved Kinder Morgan Inc’s (KMI.N) Dec. 13 request to start construction of its proposed Lockridge natural gas pipeline in the Permian basin in West Texas.

The Lockridge project …

January 22, 2020 - 11:00 am
SDX Energy PLC (“SDX” or the “Company”) Provides an Operations and Financial Update and Guidance for 2020

SDX Energy PLC (“SDX” or the “Company”) Provides an Operations and Financial Update and Guidance for 2020

SDX Energy PLC (“SDX” or the “Company”) Provides an Operations and Financial Update and Guidance for 2020

January 22, 2020 - 2:00 am
Crescent Point Closes Sale of Gas Infrastructure Assets

Crescent Point Closes Sale of Gas Infrastructure Assets

Crescent Point Closes Sale of Gas Infrastructure Assets

January 20, 2020 - 1:49 pm
Source: Houston Chronicle

Oil and gas firms must invest in clean energy solutions to survive: IEA

Houston Chronicle


Oil and gas companies put their own survival at risk if they fail to adapt to providing clean-energy solutions to the world, the International Energy Agency said in a report Monday.

The Paris-based IEA said the largest oil and …

January 20, 2020 - 1:00 pm
Source: Houston Chronicle

Houston area company lands two-year ‘electric fracking’ deal

Houston Chronicle


A company headquartered in The Woodlands has landed a two-year contract to provide electric fracking services that will replace diesel-powered generators with natural gas produced on site.

In a Monday morning statement, Evolution Well Services announced the a …

January 20, 2020 - 11:00 am
EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

EIA expects U.S. energy-related CO2 emissions to decrease annually through 2021

EIA


Coal-fired generation alone has fallen from 28% in 2018 to 24% in 2019 and will fall further to 21% in 2020 and 2021. The natural gas-fired generation share rises from 37% in 2019 to 38% in 2020, but it

January 18, 2020 - 6:53 am
U.S. rig count up 15 this week, at 796

U.S. rig count up 15 this week, at 796

This week’s Baker Hughes rig count shows that U.S. numbers increased by 15, resulting in the total count increasing to 796 rigs.

Canada increased over last week by 41 rigs, resulting in a total Canadian count of 244 rigs.

U.S. rig count up 15 this week, at 796- oil and gas 360

Breakdown

January 17, 2020 - 11:55 am
Source: Reuters

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere – sources

Reuters


SINGAPORE – China’s Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG …

January 17, 2020 - 11:00 am
One of Europe’s most modern gas-fired power plants: Coastal power plant in Kiel (Copyright: Stadtwerke Kiel AG)

Germany Launches One of Europe’s Most Modern Gas-Fired Power Plants Replacing Coal-Fired Power Station

Germany Launches One of Europe’s Most Modern Gas-Fired Power Plants Replacing Coal-Fired Power Station

January 17, 2020 - 4:00 am