Natural Gas News

Source: Reuters

U.S. throws weight behind construction of EastMed gas pipeline

Reuters


ATHENS – The United States is backing the construction of a subsea pipeline that would supply Europe with natural gas from the eastern Mediterranean, U.S. Energy Secretary Dan Brouillette said on Thursday.

Greece, Cyprus and Israel have approved an …

December 17, 2020 - 12:00 pm Closing Bell Story‎, Energy News, Natural Gas News, Pipeline News
Weekly Gas Storage: Inventories decrease by 122 Bcf

Weekly Gas Storage: Inventories decrease by 122 Bcf

Natural Gas Inventories as of December 11, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 122 Bcf as of December 11, 2020.

Working gas in storage was 3,726 Bcf as of Friday, December …

U.S. rig count increased by 15 this week, at 338

U.S. rig count increased by 15 this week, at 338

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of 15 over last week, resulting in a total count of 338 rigs. Canada had an increase of 9 over last week, resulting in …

Source: Reuters

Russia restarts Nord Stream 2 pipeline construction despite U.S. sanctions

Reuters


MOSCOW – Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.

The pipeline, which Washington says compromises European …

December 11, 2020 - 12:30 pm Closing Bell Story‎, Energy News, Natural Gas News, Pipeline News
Source: nasdaq

Cheniere Energy Partners strikes deal to sell 30 LNG cargoes in 2021

Reuters


Cheniere Energy Partners announced a deal on Wednesday for its unit to sell up to 30 cargoes of Liquefied Natural Gas to a unit of Cheniere Energy Inc..

Sabine Pass Liquefaction, a unit of Cheniere Energy Partners (CEP), will …

December 10, 2020 - 12:00 pm Closing Bell Story‎, Energy News, LNG, Natural Gas News
Weekly Gas Storage: Inventories decrease by 91 Bcf

Weekly Gas Storage: Inventories decrease by 91 Bcf

Natural Gas Inventories as of December 4, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 91 Bcf as of December 4, 2020.

Working gas in storage was 3,848 Bcf as of Friday, December …

Source: Reuters

U.S. power use to drop near 4% in 2020 due to coronavirus – EIA

Reuters


U.S. power consumption will drop 3.9% this year as coronavirus lockdowns cause offices to close and factories to run at reduced capacity, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short Term Energy Outlook (STEO).

The …

U.S. rig count increased by 3 this week, at 323

U.S. rig count increased by 3 this week, at 323

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of 3 over last week, resulting in a total count of 323 rigs. Canada had no change over last week, resulting in a total …

Weekly Gas Storage: Inventories decrease by 1 Bcf

Weekly Gas Storage: Inventories decrease by 1 Bcf

Natural Gas Inventories as of November 27, 2020

The EIA has released its natural gas inventory report, showing a net decrease of 1 Bcf as of November 27, 2020.

Working gas in storage was 3,939 Bcf as of Friday, November …

Source: Sentinel Midstream

Sentinel Midstream’s “Texas GulfLink” Deepwater Port Achieves Major Milestone

Sentinel Midstream’s “Texas GulfLink” Deepwater Port Achieves Major Milestone P…

November 30, 2020 - 4:39 am LNG, Midstream, Natural Gas News, Offshore, Press Releases
Source: Reuters

U.S. Army Corps hands federal permits to Enbridge’s Line 3 oil pipeline project

Reuters


Canada’s Enbridge Inc said on Monday it received federal permits for its Line 3 crude pipeline replacement project from the U.S. Army Corps of Engineers, moving closer to building the pipeline in the United States after years of delay.…

Source: Reuters

Analysis: Carbon pricing rises as world’s weapon of choice in climate fight

Reuters


LONDON/BRUSSELS  – Can you put a price on pollution? Some of the world’s biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.

Matters are coming to a …

Source: Reuters

Pipe dreams leave U.S. energy firms caught in climate trap

Reuters


NEW YORK  – In remote northern Michigan a propane shortage in early 2014 caused prices to nearly double, squeezing about half of the families there who rely on the fossil fuel to heat their homes.

Glenda Bowler remembers her …

November 23, 2020 - 10:00 am Crude Oil News, Energy News, Natural Gas News, Pipeline News
Consumers Energy Completes 90-Mile Saginaw Trail Pipeline

Consumers Energy Completes 90-Mile Saginaw Trail Pipeline

Consumers Energy Completes 90-Mile Saginaw Trail Pipeline Modernizing infrastru…

November 23, 2020 - 8:57 am Natural Gas News, Pipeline News, Press Releases
Norwegian Petroleum Directorate’s Production figures October 2020

Norwegian Petroleum Directorate’s Production figures October 2020

360 Feed Wire

Oil & Gas 360 Publishers Note: Norway is still in the top 14 world oil producing countries, and top EU producer. 

Preliminary production figures for October 2020 show an average daily production of 1 877 000 barrels …

November 23, 2020 - 4:47 am Crude Oil News, International, Natural Gas News
Turkey can not afford any more sanctions and wants to keep EU ties

Turkey can not afford any more sanctions and wants to keep EU ties

Bloomberg

President Recep Tayyip Erdogan called on the European Union to keep its promises to Turkey and avoid discrimination as the threat of EU sanctions looms over the country.

“We see ourselves in Europe, not anywhere else, and we want …

November 22, 2020 - 5:26 am International, Natural Gas News
U.S. rig count decreased by 2 this week, at 310

U.S. rig count decreased by 2 this week, at 310

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of 2 over last week, resulting in a total count of 310 rigs. Canada had an increase of 12 over last week, resulting in …

‘Snake Oil Inc’: Colorado Agency Mistakenly Sends Email To Oil & Gas Companies Calling Them Derogatory Names

‘Snake Oil Inc’: Colorado Agency Mistakenly Sends Email To Oil & Gas Companies Calling Them Derogatory Names

CBS


The Colorado Oil and Gas Conservation Commission is apologizing after sending an inappropriate email ridiculing the very companies it regulates. CBS4 has learned that staff members at COGCC were testing a new e-filing system when they inadvertently sent an …

Source: Reuters

U.S. court allows Equitrans to keep building Mountain Valley natgas pipe

Reuters


The U.S. Fourth Circuit Court of Appeals rejected a motion to stay a permit for the $5.8-$6.0 billion Mountain Valley natural gas pipeline from West Virginia to Virginia.

Analysts said that court decision on Wednesday – not to stay …

November 20, 2020 - 11:00 am Closing Bell Story‎, Natural Gas News, Pipeline News
Weekly Gas Storage: Inventories increase by 31 Bcf

Weekly Gas Storage: Inventories increase by 31 Bcf

Natural Gas Inventories as of November 13, 2020

The EIA has released its natural gas inventory report, showing a net increase of 31 Bcf as of November 13, 2020.

Working gas in storage was 3,958 Bcf as of Friday, November …

Hydrogen Storage Tank at Markham Facility (CNW Group/Enbridge Gas Inc.)

Enbridge Gas announces a $5.2M Hydrogen Blending Pilot Project to further explore greening of the natural gas grid

Enbridge Gas announces a $5.2M Hydrogen Blending Pilot Project to further explore greenin…

Source: Reuters

Natural gas producer Gulfport Energy files for bankruptcy

Reuters


Natural gas explorer and producer Gulfport Energy Corp filed for Chapter 11 bankruptcy on Friday, becoming the latest company in the U.S. energy sector to succumb to weak crude prices as the COVID-19 pandemic crimps fuel demand.

In a …

EIA says that Natural gas inventories end the injection season near the record high

EIA says that Natural gas inventories end the injection season near the record high

EIA

The amount of working natural gas in storage in the United States ended the natural gas injection, or refill, season (April 1–October 31) at 3,920 billion cubic feet (Bcf), according to interpolated data from the U.S. Energy Information Administration’s …

November 16, 2020 - 10:33 am Energy News, Natural Gas News, Natural Gas Storage
EQT announces tender offer: upsizing and results

EQT announces tender offer: upsizing and results

PITTSBURGH, Nov. 16, 2020 /PRNewswire/ — EQT Corporation (NYSE: EQT) (the “Company” or “EQT”) announced today that it has amended the terms of its previously announced tender offer (the “Tender Offer”) to purchase for cash up to an amended Maximum

November 16, 2020 - 4:53 am Finance, Natural Gas News
Source: Reuters

Mexico president offers Sempra LNG export permit on condition

Reuters


MEXICO CITY  – U.S.-based Sempra Energy will be granted an export permit for a liquefied natural gas facility in northwest Mexico if the company helps address excess supply in the area, Mexican President Andres Manuel Lopez Obrador said on …

November 13, 2020 - 3:00 pm Closing Bell Story‎, Energy News, LNG, Mexico, Natural Gas News
Why is Natural Gas Trading Up Over 3% Today?

Why is Natural Gas Trading Up Over 3% Today?

Natural gas (UNG) inventories rose by only eight billion cubic feet at the end of last week. …

November 13, 2020 - 12:40 pm Commodity Pricing, Natural Gas News, Press Releases
U.S. rig count increased by 12  this week, at 312

U.S. rig count increased by 12 this week, at 312

Oil and Gas 360


This week’s Baker Hughes rig count shows that U.S. had an increase of 12 over last week, resulting in a total count of 312 rigs. Canada had an increase of 3 over last week, resulting in …

Weekly Gas Storage: Inventories increase by 8 Bcf

Weekly Gas Storage: Inventories increase by 8 Bcf

Natural Gas Inventories as of November 6, 2020

The EIA has released its natural gas inventory report, showing a net increase of 8 Bcf as of November 6, 2020.

Working gas in storage was 3,927 Bcf as of Friday, November …

Interregional electricity trade in India affects shares of solar and coal-fired generation

Interregional electricity trade in India affects shares of solar and coal-fired generation

EIA

With more than 1.3 billion people, India is the second-most populous country in the world and has the third-highest energy consumption level after China and the United States. To help meet the country’s energy needs, India is expanding its …

Wildcat drilling at it’s best – Gas discovery southwest of the Skarv field in the Norwegian Sea

Wildcat drilling at it’s best – Gas discovery southwest of the Skarv field in the Norwegian Sea

Norwegian Petroleum Directorate

11/11/2020 ConocoPhillips Skandinavia AS, operator of production licence 1009, has concluded the drilling of wildcat well 6507/4-1.

The well was drilled about 27 kilometres southwest of the Skarv field in the central part of the Norwegian Sea …