Due to its extensive power needs, as well as an outage at the Freeport LNG export facility, U.S. gas futures lag far behind global prices.
Big production increases are also expected in other major plays, including Eagle Ford, Bakken, Appalachia and Haynesville, the agency said.
In 2024, Santos Ltd. plans to start construction on a pipeline route purchased from Hunter Gas Pipeline Pty. Ltd.
Price decrease contrasts with forecast for higher demand.
Through Williams marketing and delivery services, PennEnergy Resources is helping grow its Appalachia-based responsibly sourced natural gas.
According to the government’s gas emergency plan, private households will be prioritized in case of a gas supply crunch but Germany’s network regulator head Klaus Mueller said the prioritization doesn’t mean that households can heat excessively in that situation.
The development of the Southeast Gateway Pipeline could add to TC Energy's 2021-2026 adjusted EBITDA growth outlook, as well as expand its secured capital program to $33 billion.
The European gas storage level is at 70.54% capacity as of Aug. 2, not far from the 10-year average of approximately 71.40%.
Through Brightmark and Chevron's partnership, manure from dairy farms will be converted to renewable natural gas that can be used as a clean alternative fuel.
German Chancellor Olaf Scholz insists that Russia's Nord Stream 1 turbine, currently being stored in Germany, is functional and ready to be shipped back to Russia.