Natural Gas News

Source: Houston Chronicle

LNG opponents sue feds over two Port of Brownsville permits

Houston Chronicle


Opponents of the liquefied natural gas industry have sued a federal agency that issued permits for a controversial LNG export terminal at the Port of Brownsville and a related pipeline.

In a petition filed before the U.S. Court …

February 21, 2020 - 11:00 am Closing Bell Story‎, Energy News, LNG, Natural Gas News
Weekly Gas Storage: Inventories decrease by 151 Bcf

Weekly Gas Storage: Inventories decrease by 151 Bcf

Natural Gas Inventories as of February 14, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 151 Bcf as of February 14, 2020.

Working gas in storage was 2,343 Bcf as of Friday, February …

ArcLight and Rattler Form 50/50 Midstream Joint Venture

ArcLight and Rattler Form 50/50 Midstream Joint Venture

ArcLight Capital Partners and Rattler Midstream, a subsidiary of Diamondback Energy, announced today that Amarillo Midstream, an ArcLight Fund V portfolio company, and an affiliate of Rattler have entered into a 50/50 joint venture to own, operate and expand a …

Source: Houston Chronicle

Kinder Morgan CEO offers new guidance on Permian Pass Pipeline

Houston Chronicle


Houston pipeline operator Kinder Morgan plans to build the company’s third pipeline to move natural gas from the Permian Basin of West Texas to the Gulf Coast but the project may have to wait until more customers sign …

Source: Houston Chronicle

Railroad Commissioner to list best, worst oil companies flaring natural gas

Houston Chronicle


In a report released this aftenoon, Railroad Commissioner Ryan Sitton is expected rank oil companies based on the amount of flaring they do.

The 13-page report is expected to show how the industry practice of flaring, or burning …

February 19, 2020 - 11:00 am Closing Bell Story‎, Energy News, Natural Gas News
Enable Midstream Announces Fourth Quarter and Full-Year 2019 Financial and Operating Results

Enable Midstream Announces Fourth Quarter and Full-Year 2019 Financial and Operating Results

Enable Midstream Announces Fourth Quarter and Full-Year 2019 Financial and Operating Results. Achieved record high annual natural gas gathered, natural gas processed, natural gas transported, and crude oil and condensate gathered volumes. Enable Mississippi River Transmission, LLC (MRT) has agreed …

Source: Houston Chronicle

Hottest fossil fuel market catches a chill as gas prices drop

Houston Chronicle


A plunge in prices is shaking some of the more marginal players out of the liquefied natural gas market, chilling what until recently was the hottest part of the energy industry.

Major utilities from Orsted A/S in Denmark …

Source: Reuters

Canada’s Trudeau scraps Barbados trip to try to resolve anti-pipeline protests

Reuters


TORONTO – Canadian Prime Minister Justin Trudeau has canceled his planned trip to Barbados to help resolve widespread rail disruptions caused by indigenous rights activists opposing the construction of a natural gas pipeline, his office said on Sunday.

Indigenous …

Source: Houston Chronicle

Federal judge sides with Kinder Morgan over Hill Country pipeline

Houston Chronicle


Houston pipeline operator Kinder Morgan won a legal battle against opponents of the Permian Highway Pipeline, which will move natural gas from the Permian Basin of West Texas to the Katy Hub near Houston.

U.S. District Court Judge …

February 17, 2020 - 12:00 pm Closing Bell Story‎, Energy News, Natural Gas News, Pipeline News
Source: Reuters

Exclusive: Qatar delays partnerships for natural gas expansion amid price collapse – sources

Reuters


LONDON – Qatar has delayed choosing Western partners for the world’s largest liquefied natural gas (LNG) project by several months after surprising the industry with a big expansion plan despite a collapse in global gas prices, four sources said.…

February 17, 2020 - 11:00 am Closing Bell Story‎, Energy News, International, LNG, Natural Gas News
A liquefied natural gas export facility under construction near Quintana, Texas in 2018.
TRAVIS BUBENIK / COURTHOUSE NEWS SERVICE

Judge allows contested pipeline to proceed through central Texas

Court House News Service


The 430-mile, $2 billion project would carry natural gas from a transport hub in the booming West Texas oil patch to hungry markets on the Gulf Coast

Construction on a hotly contested natural gas pipeline through …

“It’s going to be a very long delay, because Russia doesn’t have the technology,” Brouillette said in an interview at the Munich Security Conference on Saturday. “If they develop it, we’ll see what they do. But I don’t think it’s as easy as saying, well, we’re almost there, we’re just going to finish it.”

U.S. says sanctions mean Russia can’t finish Nord Stream 2 pipeline

World Oil


The pipeline was just weeks away from completion, with 94% already constructed, when U.S. sanctions halted work. There’s a small section in Denmark’s waters that needs to be finished.

MUNICH – (Bloomberg) President Donald Trump’s top energy official …

Vladimir Putin and Angela Merkel walk together during a meeting in Rio de Janeiro in 2014. (Imre Toma, https://flic.kr/p/yCehE8; CC BY 3.0, https://creativecommons.org/licenses/by/3.0/)

Russia’s Proposed New Pipeline Threatens U.S. National Security Interests

LAWFARE


Oil & Gas Publishers Note: Todd Carney, a first  year student at Harvard Law School, posted a good article. Worth your time.

Since 2014, Russia and Ukraine have been locked in a conflict in Donbas that has killed thousands. …

Source: Houston Chronicle

Solar and wind power can’t compete with gas this cheap

Houston Chronicle


This will almost certainly be a record-breaking year for the advance of solar and wind power across the U.S. The additions that are in progress or planned are significant enough to boost hopes for emissions-free electrical grids within …

U.S. rig count has no change this week, stays at 790

U.S. rig count has no change this week, stays at 790

This week’s Baker Hughes rig count shows that U.S. had no change over last week, resulting in a total count of 790 rigs. Canada had a decrease of 2 over last week, resulting in a total Canadian count of 255 …

Port of Corpus Christi Awarded $17M Federal Grant for First Phase of Avery Point Terminal Redevelopment

Port of Corpus Christi Awarded $17M Federal Grant for First Phase of Avery Point Terminal Redevelopment

Port of Corpus Christi


Corpus Christi, TX, USA  The Port of Corpus Christi has received a federal grant of more than $17 million from the U.S. Department of Transportation – Maritime Administration to expand Oil Dock 3 as the …

Weekly Gas Storage: Inventories decrease by 115 Bcf

Weekly Gas Storage: Inventories decrease by 115 Bcf

Natural Gas Inventories as of February 7, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 115 Bcf as of February 7, 2020.

Working gas in storage was 2,494 Bcf as of Friday, February …

Russian Energy Companies May Enter Iraq’s Gas Market, Tripling Investments – Lawmaker

Russian Energy Companies May Enter Iraq’s Gas Market, Tripling Investments – Lawmaker

UPrduPoint


MOSCOW (UrduPoint News / Sputnik – 10th February, 2020) Russia is exploring the possibility of expanding the activity of its energy giants Lukoil, Bashneft and Gazprom Neft into Iraq‘s gas sector, which may triple Russia‘s investments into …

February 11, 2020 - 11:32 am Closing Bell Story‎, International, Natural Gas News
U.S. rig count has no change this week, stays at 790

U.S. rig count has no change this week, stays at 790

This week’s Baker Hughes rig count shows that U.S. had no change over last week, resulting in a total count of 790 rigs. Canada had an increase of 10 over last week, resulting in a total Canadian count of 257 …

Source: Houston Chronicle

Trump administration moves ahead on shrinking Utah monuments

Houston Chronicle


SALT LAKE CITY (AP) — The U.S. government implemented final management plans Thursday for two national monuments in Utah that President Donald Trump downsized more than two years ago that ensure lands previously off-limits to energy development will …

Source: Reuters

Free-falling LNG prices wreak havoc on trade amid coronavirus fears

Reuters


SINGAPORE – Record low prices for liquefied natural gas (LNG) are roiling the global gas market, creating havoc as traders rush to find alternative locations for cargoes with Chinese buyers rejecting shipments amidst the coronavirus epidemic.

Asian spot prices …

Total beats quarterly forecasts despite low oil price, raises payout

Total beats quarterly forecasts despite low oil price, raises payout

Reuters


ABERDEEN, Scotland – Total (TOTF.PA) beat forecasts on Thursday by keeping net adjusted fourth-quarter profit steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy firm’s shares.

The …

Weekly Gas Storage: Inventories decrease by 137 Bcf

Weekly Gas Storage: Inventories decrease by 137 Bcf

Natural Gas Inventories as of January 31, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 137 Bcf as of January 31, 2020.

Working gas in storage was 2,609 Bcf as of Friday, January …

Source: Reuters

Coronavirus paralyses short-term oil, gas sales into China

Reuters


SINGAPORE – Short-term sales of crude oil and liquefied natural gas into China almost ground to a halt this week as the coronavirus slows economic activity and cuts demand and buyers ponder legal action to avoid having to honor …

Source: Houston Chronicle

BJ Services develops natural gas-fired turbine for frac crews

Houston Chronicle


Tomball oilfield service company BJ Services has developed a new turbine that can use natural gas from a drilling site to provide power to hydraulic fracturing crews.

BJ Services said Tuesday that its natural gas-fired Titan turbine is …

Source: Houston Chronicle

Cabot cuts 2020 spending nearly 30% amid weak natural gas prices

Houston Chronicle


Cabot Oil & Gas said Tuesday it will slash its 2020 spending by nearly 30 percent amid historically low natural gas prices.

Cabot, Houston’s largest producer focused entirely on gas, said it will cut 2020 spending to $575 …

Source: Houston Chronicle

Former Cheniere executive now at helm of LNG export project in Mexico

Houston Chronicle


Former Cheniere Energy executive Doug Shanda is now at the helm of a Houston company seeking to build an liquefied natural gas export terminal along the Pacific Coast of Mexico.

In a Monday morning statement, Houston liquefied natural …

February 3, 2020 - 3:30 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Source: Houston Chronicle

Papua New Guinea calls off talks with Exxon

Houston Chronicle


WASHINGTON — Papua New Guinea has called off negotiations with Exxon Mobil over developing a natural gas field there, as the two sides clashed over their financial split on the project.

“The government has signaled it is willing …

February 3, 2020 - 1:30 pm Closing Bell Story‎, Energy News, LNG, 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

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