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HomeNatural Gas

Natural Gas

Tellurian
Finance

Tellurian Announces Haynesville Shale Acquisition for $125 million

July 15, 2022 Mariel Alumit

HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (Tellurian) (NYSE American: TELL) announced today that its wholly owned subsidiary Tellurian Production LLC (TPC) has entered into an agreement to purchase natural gas assets from privately held EnSight IV Energy Partners, […]

Gazprom
Geopolitical

Gazprom says no guarantee Nord Stream pipeline will work

July 13, 2022 Mariel Alumit

Russian energy giant Gazprom said Wednesday it could not guarantee the good functioning of Nord Stream and did not know if a “critical” turbine engine would be returned from repair in Canada. Gazprom started 10 days […]

EIA News

US Natural Gas Production, Consumption to Grow 3% in 2022, EIA Reports

July 13, 2022 Stu Turley

US dry natural gas production in 2022 is expected to rise 2.7 billion cubic feet per day, or 3%, year over year, further increasing to nearly 100 Bcf/d in 2023, the US Energy Information Administration […]

European Union
Geopolitical

Will the Nord Stream 1 comeback online? Let’s talk before you make that long shot bet.

July 11, 2022 Stu Turley

I always love a great long-shot win, but this year the Kentucky Derby was a great 80 to 1 win by Rich Strike. What a great horse race to watch! Rich Strike was entered in […]

NYMEX natural gas
Finance

NYMEX natural gas futures relapse amid profit-taking following short-lived rally

July 11, 2022 Mariel Alumit

NYMEX August natural gas futures shed 26.3 cents to settle at $6.034/MMBtu on July 8 amid a barrage of profit-taking. The loss comes on the back of the previous day’s 14% surge in NYMEX front-month […]

Pipeline
Geopolitical

Manufacturers Brace for Nord Stream Repairs, Fearing Pipeline Won’t Reopen

July 10, 2022 Stu Turley

PARIS—European manufacturers are preparing for possible natural-gas rationing that would force them to shut production amid fears that Russia is about to cut off gas deliveries via its main artery to Europe. On Monday the […]

Gas Turbine for Nordstream 1
International News

Canada to return Nord Stream 1 turbine to Germany in blow to Ukraine

July 9, 2022 Stu Turley

Russia’s Gazprom cut capacity along the Nord Stream 1 pipeline to just 40% of usual levels last month, citing the delayed return of a turbine being serviced by Germany’s Siemens Energy, in Canada. A decision to return […]

Natural Gas
EIA News

US working natural gas in underground storage rises by 60 Bcf: EIA

July 7, 2022 Mariel Alumit

US natural gas working stocks rose by 60 Bcf during the week ended July 1, a well-below-expectations build that fueled a recovery in natural gas futures. The net injection brought Lower-48 storage inventories up to […]

EUROPEAN PARLIAMENT
Climate Crisis

EUROPEAN PARLIAMENT APPROVES EU LAW LABELLING NUCLEAR, GAS AS GREEN

July 6, 2022 Mariel Alumit

The European Parliament on Wednesday rejected a motion to veto a controversial new EU law that labels natural gas and nuclear power plants as climate-friendly investments, making them eligible for billions of euros in funds and subsidies. […]

Tennessee Gas Pipeline
Crude Oil News

Tennessee Gas Pipeline receives FERC approval for producer certified gas pooling service proposal

July 1, 2022 Mariel Alumit

Tennessee Gas Pipeline Company, L.L.C. (TGP), a subsidiary of Kinder Morgan, Inc. received approval for its producer certified gas (PCG), or responsibly sourced gas (RSG), aggregation pooling service from the Federal Energy Regulatory Commission (FERC). The […]

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