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HomeNatural Gas

Natural Gas

Natural Gas

Cabot, Southwestern See Natural Gas Prices Impacted by Appalachian Pipeline Constraints

July 31, 2021 Stu Turley

Cabot Oil & Gas Corp. and Southwestern  Energy Co. were the latest Appalachian operators to report weak price realizations in the second quarter when pipeline constraints widened basis differentials in the Northeast. U.S. benchmark prices climbed during […]

Hydrogen

Novatek speeds up hydrogen and CCS preparations

July 30, 2021 Stu Turley

Russia’s largest independent gas producer, Novatek, is targeting the start-up of commercial hydrogen production and carbon capture and storage projects on the Yamal Peninsula in West Siberia within the next five years. Speaking during a […]

Commodities

Mexico moves ahead to cap LPG prices

July 28, 2021 Stu Turley

Mexico’s energy regulatory commission (CRE) now has three days to enact regulation for methodology that will set maximum retail prices of LPG, after a notice the energy ministry (Sener) published in Mexico’s official gazette today. […]

Texas CEO tells Rigzone the Brent and D
Coal

What’s Missing from Oil Prices? – Jay Young, founder, and CEO of King Operating Corp Rigzone interview

July 27, 2021 Jay R. Young

The world’s two leading oil price benchmarks are omitting some important considerations, the head of a privately held Dallas-based oil and gas operator told Rigzone last week. “The recent Saudi Arabia and UAE deal kept the […]

Exports

US Takes LNG Export Title From Australia

July 24, 2021 Tracey Woods

By Josyana Joshua (Bloomberg) Natural gas futures soared to $4 per million British thermal units in the U.S. for the first time since December 2018 as summer heat intensified concerns about tight supplies later this year. […]

Iraq cuts crude oil supplies for most Indian refiners in 2021
ENB Pub Note

Iraq Agrees to Sign Deal with Total to Execute Energy Projects

July 24, 2021 Stu Turley

ENB Publishers Note: Interesting turn by TotalEnergies to help with Iran’s gas fields. This appears to be going against sanctions that are in place. Verification will need to be used.  Iraqi cabinet granted the country’s […]

U.S. coal exports
EIA News

Summer U.S. natural gas prices are the highest since 2014

July 23, 2021 Andy Del Prado

Source: Graph created by the U.S. Energy Information Administration (EIA), based on data from Natural Gas Intelligence Note: Waha and Henry Hub prices for February 11–18, 2021, exceeded the publication range. During this cold snap in Texas, Waha […]

U.S. coal exports
EIA News

U.S. natural gas exports to Mexico established a new monthly record in June 2021

July 23, 2021 Andy Del Prado

Source: Graph by the U.S. Energy Information Administration, based on data from Wood Mackenzie Natural gas pipeline exports from the United States to Mexico surpassed 7 billion cubic feet per day (Bcf/d) on multiple days during […]

crude oil - pipe
Cyber Warfare

New cybersecurity requirements for US critical pipeline owners

July 20, 2021 Stu Turley

The Department of Homeland Security on Tuesday required owners and operators of critical pipelines that transport hazardous liquids and natural gas to implement “urgently needed protections against cyber intrusions.” It was the second security directive issued by […]

Derek Chollet, a senior State Department policy adviser, is in Kyiv this week along with a German counterpart to inform Ukrainian President Volodymyr Zelensky of the agreement’s details. Mr. Chollet is scheduled for a similar trip to Poland, which has vehemently opposed the pipeline. Word of the deal has rankled Ukrainian officials, who view the existing pipeline network in their country as a rare point of leverage against Russia in the two countries’ seven-year-old conflict. Last week, Mr. Putin delivered another in a series of polemics challenging Ukrainian sovereignty. Rendering the existing pipeline superfluous could offer Russia a freer military hand on Ukrainian territory, Ukraine advocates fear. White House press secretary Jen Psaki said Tuesday that Mr. Biden told Ms. Merkel last week “that we have ongoing concerns about how the project threatens European energy security, undermines Ukraine’s security and the security of our…allies and partners.” Ms. Psaki said Mr. Biden directed staffers to work jointly with German counterparts to complete an agreement. An announcement of the deal was delayed to avoid eclipsing Ms. Merkel’s farewell visit to the White House, according to officials close to the negotiations. Ms. Merkel has made the completion of the pipeline, which could occur later this year, a signal achievement marking the close of her political career, people familiar with her thinking said. —Catherine Lucey and William Mauldin in Washington contributed to this article.
International News

U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon

July 20, 2021 Stu Turley

The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who expect to announce the deal as soon as Wednesday, bringing an […]

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