US NatGas Prices Slide 2% After Mountain Valley Startup Approved

Front-month gas futures for July delivery on the New York Mercantile Exchange fell to $3.063/MMBtu in early trading on June 12 as traders reacted to the June 11 approval of the Mountain Valley Pipeline startup. 

PureWest Bides Time, Positions for NatGas Demand in West Coast Markets

In this Hart Energy exclusive interview, PureWest's COO Kristel Franklin talks about how the private company is navigating the dismal natural gas market opposite public players. 

NatGas Punches Above $3 Thanks to Summer Heat, Curtailments

Natural gas prices, stuck in the doldrums since January, have been slowly rising since May.

Regional Banks Take Advantage of Large Lenders’ Oil, Gas Hesitancy

Regional banks are picking up market share and rallying the U.S. upstream sector.

CNOOC Makes Major Discovery in South China Sea

CNOOC said the Lingshui 36-1 gas field has been tested to produce over 10 MMcm/d of open flow natural gas.

Kinetik Sells $540MM Stake in Gulf Coast Express Pipeline

Kinetik Holdings’ $540 million deal will help the midstream company pay for its recently announced acquisition of Durango Permian Infrastructure.

TC Energy Shareholders OK Spinning Off Liquid Pipelines Business

TC Energy will spin off South Bow Corp., with its primary asset the Keystone oil pipeline, while shifting a hefty amount of TC Energy’s debt to the new company.

Tokyo Gas Seeks More US Natural Gas Assets, President Says

The Japanese company paid $2.7 billion to acquire Texas-based natural gas producer Rockcliff Energy in December and agreed to purchase a 49% stake in North American energy marketing and trading firm ARM Energy Trading in February.

Expanding Gas Processing Capacity May Increase Permian Crude

The development of gas processing plants and a pipeline opening in the Permian Basin are expected to give crude producers a boost in the second half of 2024.

EIA: Even with High Summer Demand, Maxed Out NatGas to be Sidestepped

Overall, electricity demand is forecasted to be up 3%, and solar power is expected to make up the difference.