Natural Gas

Natural Gas , International , Pipelines

Kremlin: Nord Stream 1 Turbine to be Installed, Volumes Will Adjust

Kremlin spokesman Dmitry Peskov stopped short of saying gas supply would increase, noting that further Nord Stream 1 pipeline equipment needed to be repaired.

July 25, 2022

Exploration & Production , Natural Gas , Technology

Global Tensions, Market Disruptions Likely Maintain High Natural Gas Prices

Takeaway constraints for natural gas limit growth opportunities for U.S. shale producers. Here’s a natural gas update featured in the upcoming Hydraulic Fracturing special report.

July 22, 2022

Liquefied Natural Gas , Natural Gas , Trade

Mexico’s Demand for Piped Gas from US on the Uptick

Mexico continues to tap U.S. gas producers for the lion’s share of the Latin American country’s total gas imports, albeit counter to nationalistic and self-sufficiency goals sought by Mexico’s President Andres Manuel Lopez Obrador.

July 22, 2022

Natural Gas , Trade , International

Portugal ‘Totally Against’ EU Proposal on Gas Usage Cuts

“Cutting gas in Portugal would not immediately make gas available to any other country, as in northern Europe,” Environment Minister Duarte Cordeiro said.

July 22, 2022

Liquefied Natural Gas , Natural Gas , Midstream

Freeport LNG Plant Pulls in Natgas to Produce Power for Texas

“Freeport LNG is currently drawing a small amount of gas off pipeline connections ... to generate and export about 50 [megawatts] of power to the state’s electricity grid,” a spokesperson said.

July 22, 2022

Liquefied Natural Gas , Natural Gas , Construction

Cheniere Signs LNG Supply Deal with PetroChina International

Houston-based Cheniere signed a long-term sale and purchase agreement with PetroChina for an LNG supply deal with the Chinese company spanning 24 years.

July 20, 2022

Natural Gas , International

EU Tells Members to Cut Gas Usage Amid New Putin Warning

The Nord Stream 1 pipeline, previously halted for maintenance, will resume pumping on July 21, but the EU has warned members to reduce gas consumption by 15% from August 2022 through March 2023.

July 20, 2022

Business , Natural Gas

Top US Energy Trader Opens London Office as Gas Market Goes ‘Crazy’

Bill Perkins, founder of Houston-based Skylar Capital and film producer, seeks opportunities in European market in wake of Ukraine war.

July 19, 2022

Natural Gas , International , Midstream

Canada Sends Repaired Nord Stream Turbine to Germany: Sources

The return of the turbine from Canada to the Russian Portovaya compressor station, a crucial element of Nord Stream, has been in focus for the past month since Russian energy producer Gazprom reduced gas supplies to Germany.

July 18, 2022

Liquefied Natural Gas , Natural Gas , Midstream

US Becomes World’s Second Largest LNG Exporter

The U.S. rises in the ranks to become the world’s second largest LNG exporter, only behind Australia, after recent liquefaction expansions.

July 15, 2022